gbp/aud jump up & gbp/usd down . . .

As simple as possible: 00 level trading

cheated and took a FO trade . . . want to stick to the rules but figured FO was worth a push after bank holiday . . . image

Trading is as simple as ABCD

"The real secret for the trend direction is the 10EMA on the 15M chart" -ozziedave sounds interesting to note! gonna keep it in mind.

Trading is as simple as ABCD

this makes a lot of sense. have you checked to see if the majority of these momentum pushes are corrections that are in line with the daily 10ema? what i mean is, lets say the gbp/nzd moves 150pips down in a single session and then begins to creep ...

Trading is as simple as ABCD

so, would you not trade a pair if it was below the daily 10ema and the day was a blue candle day moving up from the open? or would it depend on how far you are from the daily 10ema? would you simply trade another pair? what if the pair was the top ...

Trading is as simple as ABCD

here u go: file file for 1hr candle just set to 60, i think the default is 1440

Trading is as simple as ABCD

Dave, can u tell us a bit about the indi in top right hand corner of your chart? Is it based on HA, or open price ? How significant is it in your trades? Can u post it?

Trading is as simple as ABCD

Which MA is the fast red/blue in your chart?

Trading is as simple as ABCD

feel free to keep up the repetition, its a good educational tool and people like me need it!

Trading is as simple as ABCD

3 charts from earlier. looking at MA's and CCI signals. SL of 8pips would have been very sufficient for buying any of the good signals of wave bottoms. image image image

Trading is as simple as ABCD

excellent. 2% compounds too.

Trading is as simple as ABCD

Thanks. I will live to collect pips another day. Definitely need to be more selective. I am learning. I appreciate constructive ideas from you guys. Thus, I contribute to the thread. It's a good thread and a workable system. I need some more ...

Trading is as simple as ABCD

today has eaten my lunch. back to BE on account. gotta make some changes, take less trades.

Trading is as simple as ABCD

looks like a good bit of resistance around 1.9635 on gbp/aud . . . gonna break to the down side? i certainly have no idea!

Trading is as simple as ABCD

thanks clive. yep. patience.

Trading is as simple as ABCD

hey clive, so gbp spike is primarily up. gbp/eur strength . . . does it usually resume in same direction?

Trading is as simple as ABCD

ok, it looks more ranging now anyways

Trading is as simple as ABCD

hard to stay out of a buy on eur/usd . . . how long to wait after the news?

Trading is as simple as ABCD

4.79% on account. 34.7pips. done for the day. gratitude and thanks. image

Trading is as simple as ABCD

I appreciate the warning Clive. I can honestly say my heart is full of gratitude for having come across this thread and Udine's 00 level thread.

Trading is as simple as ABCD