Personally I would take the profit. There could be some buying here for the reasons I mentioned above. But it's your call.

Start Winning - Trade the Current Trend

Good Man, well done And thank you for losing that horrible RSI Histogram

Start Winning - Trade the Current Trend

A point worth noting on your current EU short is that we have a whole number just below which may act as support. 1.06000 I use this indicator with the following settings. Main levels 100. Sub levels 25. file We are also at the 61.8 Fib ...

Start Winning - Trade the Current Trend

Yes fpr shorts the green dotted MA shouldbe below the Orange dotted MA. Just be aware though that the 120EMAs on M5 are only an approximation of the H1 10EMAs. A good enough approximation forwhat we do. With that said there is nothing to say you ...

Start Winning - Trade the Current Trend

Oh I see. But at that point the HTF MAs were still saying that H1 was long. Now if you had taken it as a H1 trade using the H4 HTF MAs that would have been a good entry.

Start Winning - Trade the Current Trend

Possible but looks like we have hit strong resistance. Also if you look at the current leg up you can see higher volume at the tops than the bottoms. This indicates selling at the highs. image

Start Winning - Trade the Current Trend

Well done on bagging a few pips! It is not an ideal setup, mainly because there is no pullback with 3 RSI going above 50. The HTF MAs don't look great on M5 but you can see on H1 that they do look to be about to cross. If you can make money even ...

Start Winning - Trade the Current Trend

You could be on to something Trinquete. I see alot of volume traded at Fridays lows which could be large amounts os short orders being closed and long orders opened but trade what you see. If the setup works shows up and looks nice take it

Start Winning - Trade the Current Trend

Only if you want to use them and understand them. If you do want them you can get them from one ofthe PVSRA threads.

Start Winning - Trade the Current Trend

It would be better if you show the whole chart so we can see the TF and the RSI window.

Start Winning - Trade the Current Trend

Can you be a bit more specific?

Start Winning - Trade the Current Trend

I have mentioned my stance on SL and TP more than once already. I don't use TP and I am more likely to hedge my position than use a SL. If you want advice on SL placement I would say put it above or below the previous Lower High for shorts or Higher ...

Start Winning - Trade the Current Trend

Here is an example ofa trade thatcouldhave been taken today. (I did not take this trade) USDCAD H1 (left) using M5 for entry. 1. H1 HTF MA cross so we would be looking for shorts. 2. H1 pullback and Upper wicks show the pullback is stalling. 3. H1 3 ...

Start Winning - Trade the Current Trend

Has anyone made any money today using this system? Please share if you have.

Start Winning - Trade the Current Trend

Sorry Farmazetron, I can't make a video. All you need to do is this.... 1. Pick a currency pair. 2. Choose your Time Frame and apply the appropriate template. 3. Alalyze what the HTF MA's are telling you (long or short?). 4. Identify a pullback and ...

Start Winning - Trade the Current Trend

[quote=cristy1980;9271957]Hi, I know the point of your thread is totally diferent than simple "VSA/Volume analysis", but can u point once again the material regarding Volume (I'm very interested!), that u refer in an early post... The pdf that I am ...

Start Winning - Trade the Current Trend

Got work to do now. Good Luck and catch you all later.

Start Winning - Trade the Current Trend

Good question Jakdan. For me, I don't actually trade any TF in isolation. I am constantly looking at various TFs in a bid to get the whole picture. so when I see an H1 set up, I take my entry on M5 for example. However I think either method would be ...

Start Winning - Trade the Current Trend

[quote=krismitt;9271383] I have never had an interest in the study of "Volume" in Forex Trading but I have started Well done Krismitt! And thanks for the post! Please feel free to elaborate on your thoughts about volume. The subject is so important ...

Start Winning - Trade the Current Trend

My main pairs are AU, EU, GU, NU, UC, UJ, EG, EJ. All fairly low spreads. I also look at a few minors and the odd exotic. look at my RSI Dash on page 1 and you will see these pairs. I also like Dax but don't necessarily recommend it. I lost a lot of ...

Start Winning - Trade the Current Trend