eur pairs are mostly in counter-trend moves, so no move for me until the next confirmation of [1] trend change i.e. move from the current low to high and then high to low, or [2] trend correction i.e it would resume the existing trend UP ...

Forex Day Trading

just read the eur pairs... on all H1 charts, the candles broken down the Daily HL's. are these trend change or correction? you tell me so difficult for me to decide... so no trade until further study, anyone?

Forex Day Trading

once again an excellent clarification, dw big thanks, pal. with your zoom-in charts, they offered n reinforced my thoughts... that's why in fx we have TP n SLo... either way we will have to quick to pocket the gains or just cut the losses because ...

Forex Day Trading

hi dw oh, i corrected the u-j which is "-142" not the early figure "142." no worry. let us move on. on the H4 eur-aud, the MB's low was broken down... but bcos it is now on the uptrend, i should wait for the (down) trend to change before making a ...

Forex Day Trading

oh... i also noticed eur pairs are having MB+IB on H4, i hope to catch one on time cheers p.s. v interesting n coincidence (?) to locate MB+IB in aud n eur pairs... why?

Forex Day Trading

hi dw how would u trade IB like the aud pairs? buy once MB broken or wait for pull back on H1/H4? cheers

Forex Day Trading

hi jebat which is the usual tf u trade with n 4 analysis? r u using ew? n plus some other kind of methods 4 analysis? care to share the methods (so that i can read/understand your analysis). tq. happy trading.

Daily GBP/JPY analysis

hi dw and traders i saw on D charts as follow: usd-sgd has an IB, aud-nzd 2 PB, aud-cad IB, aud-usd 2 past candles have long lower wicks pulled back from weekly SL, usd-jpy and gbp-jpy have PB yesterday, chf-ypy and eur-jpy have similar ...

Forex Day Trading

hi dw, good morning. thank you once again for your all pointers (all taken)... which are again re-confirmed my thoughts u r v happy pipping. cheers add: ooops! i don't know why the reply was "chopped?"

Forex Day Trading

hi when do you trigger your trades? based on daily candle closed? tq.

Swing Trading

hi dw i think u got the "8 trades" incorrect. i meant i "lost" these 8 trades i further analyzed... u r correct... counter trend trading offers higher risk comparing to trend trading. novice traders like me should avoid possible counter ...

Forex Day Trading

hi dw we had similar entries on aud-usd and so the gains... 330 on mine today. yesterday my aud-cad closed for 350 pips. in between the above closed trades, i lost a no. of trades which i tried/practicing on 5M and/or H1 entries mostly ...

Forex Day Trading

perfect, dw! i would trade on PB/Doji + RN + bearish candle if i spot one like yours

Forex Day Trading

well understood. thx, pal. a v. good morning and happy pipping. p.s. jusy noticed a no. IBs on g-a, a-j, e-j, g-j, chf-j, a-u, silver wow something to blow "up" or "down" today ? cheers

Forex Day Trading

again thanks for suggesting the options to trade ... i like option 2... i hope it would happen before i go to zzz... now hope H1 chart would give the sign cheers

Forex Day Trading

hey... thanks for your inputs... it re-confirmed and re-inforced my thoughts, u all

Forex Day Trading

how does one take trade on g-a? it has been range in a "equal box" for 7-8 bars by now my g-cad survives so far with, lower SLo to lock 90 pips, so a tree trade add: g-cad chart

Forex Day Trading

good to see u r returning to profit dw, mus, doggy, ipnee n traders for low tf trading like u all do now, what are the usual SLo in pips you would set? cheers

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what a gr8 start for the day i wish i could do that

Forex Day Trading

thanks

Forex Day Trading