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chonchy replied Feb 4, 2022....never can go wrong taking profits but locking it in profits and letting it go is also the possibility that it may go places...but 70 pips is awesome less 20 that we lost before...we are ahead...
Cesarnc's market talk, gossips, rumours & fun
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chonchy replied Feb 4, 2022...Very good trade in deed sir. way to go champ...lock it in profits and you are in a free trade....
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chonchy replied Feb 4, 2022Good analysis .... risky trade with the move so tired now...just lock it in profits as soon as you can but not too close because of the retraces...
Cesarnc's market talk, gossips, rumours & fun
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chonchy replied Feb 4, 2022...No free lunch but all the coffee you can take.... used to say an old friend of mine...
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chonchy replied Feb 4, 2022...is a strong move down but make no mistake bears are going to show and focus is the only thing is going to help and screen time...so practice and take trades...make mistakes .....learn from them...rinse and repeat.... edit.: sorry bulls..
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chonchy replied Feb 4, 2022the angle an separation of the moving averages and the time of the move is signal that the move is going to change some time soon in this case is taking longer is crazy friday non farm payroll...... factors that make the move more erratic than ...
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chonchy replied Feb 4, 2022....Ready to turn yes but that is why focus is important and screen time .....the time is important London and Frankfurt are overlap now....so there is power now...
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chonchy replied Feb 4, 2022.... and 15M was still down... image
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chonchy replied Feb 4, 2022...Not that I pay too much attention to it but that was a bear flag...on 5M image
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chonchy replied Feb 4, 2022...Like I said sometimes it keeps going with a beard flag on 5 or 15... screen time will give you that...focus....... image
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chonchy replied Feb 4, 2022...Is crazy Friday in London already so volatility is at the most....it will take his time to turn or keep going we must focus here and be more selective on our entries...
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chonchy replied Feb 4, 20225M and 15M are in deed consolidating but some times is just a bear flag and it keeps going down...but my guess is that is going to turn for the up because daily is up still..... look at the highest time frames to have them in the back of your head ...
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chonchy replied Feb 4, 2022Birpinar at this time volatility is high that is why you got stopped out it is in the beginning of turning for the up side so 15M is down and 5M but one is all over but trying to make his last shorts is is time to start looking for the move ...
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chonchy replied Feb 4, 2022...Rinse and repeat if you get stopped out...
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chonchy replied Feb 4, 2022....Don't be afraid to pull the trigger... just go at it...stop at 20 pips then lock in profits and let it go... image
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chonchy replied Feb 3, 2022.... and if it goes...let it go...if you are lock in profits is a free trade...get as much as you can... image
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chonchy replied Feb 3, 2022.....Practice makes perfection...chose your strategy.... screen time with it.... see what makes it tick.... and hit it...hit it hard on a demo first...then practice with small lots..... try to get the hang of it with quantities you can afford to ...
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chonchy replied Feb 3, 2022...The magenta line on the chart show the angle and separation of the moving averages.... and MACD confirmed this with the large histogram to he down side, also mark by the magenta line.... image
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chonchy replied Feb 3, 202235068 was the perfect entree... image
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