Hi trade786, Everyone has been in your situation at sometime or another. As adikashyap said, get rid of all the flashing lights and trade what you see. The big thing to remember is that ALL indicators show you what has happened and not what will ...

Trading Made Simple

A classic example of knowing what an indicator is doing before relying on it. image The default setting is for a 5 day look back. Changing that has a big effect. You need to back test and see which setting works best for your trading TF

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Just a reminder that US and Canada have Bank Holidays today and Draghi starts speaking at 13.15 GMT. Trade what you see not what you hope for.

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Thanks sj and glad to see you back after all this time. Just doing what it says on the tin 'Trading Made Simple' with a helping of PA on a naked chart on the side.

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EURGBP H1 Sell bias based on HTF (Plan A). Also a bearish bias on EURUSD and GBPUSD which are the prime drivers of EURGBP. Entry was a question of patience and waiting for price to break below support at DOL and YL with enough momentum to break ...

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I like it when a plan comes together. Don't get greedy, manage it well and keep an eye on EU and GU

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Hi Hpt, Without complicating things here is part of my thought process. Where did price get rejected from on the fall on Friday? Where has price been rejected from for the last 2 days ? Must be an important S/R zone for somebody Plan A: Wait for ...

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Hi kingpips, Yes I enter trades at LO although I prefer to wait for the LO APB to close to avoid what happened with EU and EG yesterday. They were examples where there had been a big drop the previous day followed by consolidation during Asian ...

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Hi haemdoc, Following on from what SJ said (the man with the pip barrow ) if you are trading H1 take notice of H4 and never trade against it. You will quite often find good trades on H1 that are against D1 but not against H4. However, always keep ...

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Against the trend, APB with wicks at both ends meaning indecision, S/R and RN nearby. Why try and swim against the tide. There is a much better xxxJPY pair out there today

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Hi catalin You won't have been the only one caught out. A few EURUSD traders would have suffered the same fate. In instances like that it is always worth waiting for the LO APB to close and see if you get a genuine continuation. Stick with it as you ...

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Been in an uptrend since last Thursday on H1 and H4. Remember every TF has a trend. Trade when they are all heading in the same direction and it's time for the pip wheel barrow

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If there is no trade on H1 chances are there is no trade on any other TF. I assume you are looking to sell which is against the trend. You also have Yesterdays Low and a BRN (1.5400) acting as strong resistance. Wait for price to close below those ...

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Good entry Watch 1.5472 as it is a heavy S/R area

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I don't trade this pair so don't know how it behaves. However, your chart appears to be H1 and not H4 and looks like Friday after LO close. At this time there will be very little movement. Looking at the pair there was a 100 pip move yesterday. If ...

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Still riding it on H4. Looking to move it up to D1

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Hi trade786, Can you post a screen shot of a chart with what you think is a bad trade so that people here can give some advice to help you along.

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Nice catch on such a slow day TSS

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EURUSD Anybody ready to walk the line? Wait to see what happens at market close today. Daily image Weekly image

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Nice trade keeping things simple A nice pair to trade and profitable, especially watched alongside EURUSD and GBPUSD. Keep it up.

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