I only look at the Daily or H4. I dont see a good setup on Aud/Usd

Trading Made Simple

2.5 hours ago on the H4 this was a buy setup..still is...you should never taken the short

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Perfect...Thats what I needed Futurespec..I wish the price would be visible but thats ok, also it shouldnt strech all the way to the right, any way we can make it shorter?

Need Monthly Pivot Indicator for X amount of bars

I like the clear indi like on Ibfx but unfortunately they dont have the monthly.I am looking for something close to this.

Need Monthly Pivot Indicator for X amount of bars

That long should be taken yesterday...If it is too late or not now ,is your call...

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The all look good on Oanda with a valid signal..Eur/Aud would be the only one I wouldnt take..

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Make sure you put TP before going to bed..:-)

Trading Made Simple

Trading the 1 hour chart but SL on H4?? Wow, you are a warrior..:-)

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As I said earlier..Nice setup on Daily Cad/Jpy.It started to move. Train is leaving the station..Let's make some money for the weekend..

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Lost my first Trade because of Broker

I never use hard Stop Losses. They will only confirm your defeat. I dont want to get caught in a spike or sudden move. I just take manual losses when I see price changes direction. With Take Profit, yes..I love hard TP's. I use pivots as my exits...

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Who wants to make money? 73 pip potential...

Trading Made Simple

Those are good pips....Kudos to you..Make sure you are not risking more than what you can afford. Might it be 1 trade, or 5 trades open at the same time. If you risking %1 per trade and have 5 open trades you actually risking 1*5=%5 which is too ...

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[quote=heynjea;4756208] This is how I personally determine a Good and Bad signal. Place a weekly pivot indicator on your H4 chart. Now picture 1 is a bad signal..Can you see the red, aqua and green lines, how close they are to each other? 5 opposite ...

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[quote=heynjea;4756172] Yes...only H4...Every time frame has it's own trend...As long as you have a "Good" signal, take it. Higher time frames are "lagging" shorter ones "leading"...Trade what you see "now"..Otherwise if you check higher frames, you ...

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[quote=Pecunia;4756125] If you are trading the H4 and want really check a higher time frame( which I never do), check the weekly, not the daily. daily does not give a good indication for H4.

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I would say time to cash out...Price already hit 1.1977 which is a strong support, price might go north..

Trading Made Simple

Strong support at 1.5948..Be careful..(Don't try your luck, always find a reason not to take the trade)

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Here is a good money management that goes with this system. When you put a Stop Loss at the last high/low, make sure it always equals a certain % of your balance. If you are risking say %1 per trade, make sure to adjust your lot size every time, so ...

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All I want is setups like this once every week...Low Risk, High Reward...Take Profit is at the Pivot.

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