You entering on the touch of confluence?

Trend Trading All Pairs

CAD + USD coming out soon. Im personally watching gbp/jpy 1h trigger chart and eur/aud 15m trigger chart. e/a strong confluence. Price seems to not be able to break to the upside. Waiting for a bpc to enter if i see my ducks in line g/j im more ...

Trend Trading All Pairs

I closed the trade below 1:1 RR... Not doing this again. Only demo but its even worse when it goes in your favor lol. Setup looked nice to me personally. I moved stop to BE asap. Then behind RN (0.8990) and then just closed considering that if it ...

Trend Trading All Pairs

Entered on aud/usd and moved to BE very quickly prior to news... The interesting thing is that im aware that ive just done something i KNOW i should NOT do...but yet i did it... hmm....think my mindset needs a smack lol. Gotta keep working on it... ...

Trend Trading All Pairs

Morning chaps. Anyone got in for the ride on gbp/jpy? must say it sprinted down this morning. Fast ride for 64 pips in the banco lol. Liking e/j to the outer TL. Nice entry there custos Also still got my eyes on eur/aud - eur/cad - ...

Trend Trading All Pairs

Im not saying if they are good or bad. What im saying is that i personally paid too much attention to them and began to ignore otrher crucial things such as the pa in and of itself. I like the 3sma but i also believe it isnt 100% necessary for a ...

Trend Trading All Pairs

hmmm...thats interesting. Im currently not using the 3sma´s because i noticed i began to pay too much attention to it. I wanted rid of it for the time being because i know price action is what i should be watching and the first thing i looked at ...

Trend Trading All Pairs

Ah ok ok. Gotcha. Same thing as my nzd/jpy this morning. What i did was frame the micro pattern that developed on the trigger chart (at the time it was a clearn range. its just a mess now) and put my stop just below it with a teeny weeny bit of ...

Trend Trading All Pairs

Thats one of the main things that put me off using trailing stops... not that entropy uses them (or do you?) but tsl´s on their own are a bummer personally speaking. If used like custos with tp´s in place then they can work wonders NM: How did ...

Trend Trading All Pairs

gbp/jpy — Anybody watching this pair? Seems interesting for a possible short once bpc is confirmed from the inner tl. Any thoughts/opinions? EDIT: Only watching gbp/jpy and eur/cad both 4h setup charts. eur/usd and usd/cad is of no interest ...

Trend Trading All Pairs

hmmm i see what you mean. If it works for you then great. Stick to it. Before starting with this thread i always used manual tsl´s on every swing trade. The problem here is that i noticed i kept giving sh*t loads of pips back to the markets. And i ...

Trend Trading All Pairs

Yes thanks makes a lot of sense... Intraday: tp1 = next RN (i assume a minimum RR 1:1?). tp2 = adr projection (80% + below RN and strong S/R if any). Intraweek: Full projection of price pattern. IF triangle tp1 = swing low/high. tp2 = projection of ...

Trend Trading All Pairs

Ranges — Quick question with regards to breakout range trading (triangles, flat top/bottom triangles, horizontals....). Do you set tp1 and tp2 along with tsl or do you just aim with full lots to projected target? Curious as to how you more ...

Trend Trading All Pairs

Got my eye on that one. Also on eur/cad the concern is the support below the range around 1.4180 from dailies. Apart from that, id look for price to break it and then reasses. But out of the 2 options (usd/cad - eur/cad) visually u/c is more ...

Trend Trading All Pairs

I see what you mean... I would be looking for a breakout from yesterdays lows and also below 1.4000 based on the 1h as a setup chart. Time will tell. This lady is hard to please at times lol (the markets that is).

Trend Trading All Pairs

Ditto to custos. Both look as ranges to me aswell. IMHO just take the best setup out of the too if the conditions align in your favour (news, confluence, clean breakout, adr....) pip

Trend Trading All Pairs

In nzd/jpy. Also watching usd/cad range looking for breakout to short. Lets see how strong the range is when the news come out. If it holds to the upside and continues down i´ll reassess and enter short. Any opinions or thoughts ?

Trend Trading All Pairs

Your totally right... Ive just applied it on the nzd/jpy and yes it goes down from 122 (old indicator) to 95 (new one) which is in fact aprox 80%. I´ll use the new one. I never realised the new one only projected the 80%. Learn something new ...

Trend Trading All Pairs

hmmm That is strange. If anything they all should be pretty close and 30pip+ is a large jump IMO. Im a bit weary on nzd/jpy but im following it closely. How about e/u custos? You think a TT is appropriate here around 1.3700? If not what dont you ...

Trend Trading All Pairs

?? Thats strange. Ive got the adr on 122... Has anybody else got anything different?

Trend Trading All Pairs