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stevepatt replied Jun 2, 2014Hi xetrader, Take a look at both pairs on H4 and D1, if you are trading H1 you need to be in line with the higher time frames.
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stevepatt replied Jun 1, 2014Hi MoneyTalks, Sorry for the confusion, see image below, also look at Fridays close on H1 it shows the last two hours, of Friday, being very bullish.
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stevepatt replied Jun 1, 2014Hi DnB, I agree it's looking bearish but there's Daily support right below. See image below. i want to see this level broken and tested before looking to go short. How do you see it? How come this guy url has such a problem with what you are ...
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stevepatt replied Jun 1, 2014Hi Pips, If the Friday D candle had a strong bearish close then it would have some merit, as per page one, but with the bullish close and supply possibly flipping to demand it could be struggling.
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stevepatt replied May 21, 2014Hi dforanti, Thanks for the feedback. I think trading one pair, on the shorter TFs is a good idea, not sure I would choose EUR/USD these days because of it's small ADR. Can you post some of your trades so I can see what you are seeing to take a ...
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stevepatt replied May 20, 2014Hi dforant, I, for one, would love to see how both you and Drewas are doing trading this as per page one. If you can get consistent results trading, as per post one, good for you both I'm sure we could all learn from you. I've read, back through, a ...
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stevepatt replied May 20, 2014Hi Emmanuel, Whilst you where busy Position Building Long I would have been shorting the pull backs in the H4 trend. Being able to do that is beyond my ability, to read the market, at the moment.
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stevepatt replied May 20, 2014Hi Emmanuel, Nice trade. There are a lot of different ways to trade this method, which is good, I'm more conservative with my approach and look for trend continuation after a pull back. Everyone needs to find what they are comfortable with.
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stevepatt replied May 19, 2014Here's how I'm looking at EUR/USD from W1 down to H4
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stevepatt replied May 19, 2014I have this trade still running it's below water at the moment but support below. I have a USD/CAD trade still running. This USD/JPY Post 37,471 trade I have taken profit of 77 pips 1.68R
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stevepatt replied May 17, 2014Hi Omonisha, I don't trade the GBP/NZD because of the spread with my broker 10 pips. This is how I look at it, I like to see some sort of trend going on the +1 TF I hope the images below explain how I look at it
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stevepatt replied May 15, 2014Hi Tanglewood, This is why, I think, if Eric was still trading, today, he would of had to adapt his system to keep it working effectively. It.s just a shame he's not still around to share his wisdom. I'm not saying that trading, purely, as per page ...
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stevepatt replied May 15, 2014Your observation about H4 charts, from a few years ago, being like H1 charts today shows how the market has changed. When I've been looking back over old charts I've found the same thing, H4 charts where running a lot smoother and for longer than ...
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stevepatt replied May 15, 2014The image below shows how I would have entered these trades.
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stevepatt replied May 15, 2014Hi Omonisha, There are three different ways to enter the market. A Buy/Sell Market Order you buy or sell immediately at market price. A Buy/Sell Stop Order is placed ahead of the market so your order gets filled as the market moves through your ...
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stevepatt replied May 15, 2014I like your and fxFox.mb method of entry, after a pull back in the trend. Did you use Stop Orders to enter the trades? I know the AUD/JPY is not going to plan, they are not all going to work, if you have at least +1 Higher Time Frame (HTF) in your ...
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stevepatt replied May 15, 2014Hi Fx94, The chart should explain the problem with the H1 setup.
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stevepatt replied May 14, 2014This is a good webinar showing the importance of having a plan of action for our trading. How many of us know that when we move our SL to BE after the market has moved xxx amount of pips, in our favour, that we are improving the performance of the ...
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stevepatt replied May 14, 2014I set a Sell Stop on USD/JPY D1 following what I set out in this Post 37,468 the TDI, on D1, hasn't crossed yet but I'm in line with the W1 TDI It's not strictly TMS and I'll stop posting this kind of setup if anyone gets upset about me breaking the ...
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stevepatt replied May 14, 2014Take a look at the charts below, would anyone be looking to enter the pull back, after a good bearish trend, on the H4 chart? Because I love this setup on H4 and above but it doesn't always comply with TMS rules because the TDI won't have crossed ...
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