Forex Price Action

Thank you for your continuous support and help my issue now is that I don’t know how to put S/R with candlesticks :slight_smile: I mean with line chart it is pretty obvious but after I switch back to candlestick how do I tweak ?

Cheers

Hello guys,

does anyone know a Broker that offers MT5 and New York 5 day close candles? The only one i know is Roboforex and it does only offer a few pairs.

Not sure if that discussion is allowed in that thread - if not PM me please.

Alpari, LiteForex, and InstaForex use both MT5 and NY close on their live accounts. I know because I also searched for this same criteria in my brokers.

Thank you!

Hi:
I’m thinking going short on EURGBP D1:
Pin Bar on resistance.
Space to the left.
BRN 0.8500

It is against the present trend but I think there is space to reach the support and then looking for Long.

I will appreciate your comments.
Cheers


Gidday, I was just interested to know what charts you are using as I am looking at pepper the EUR/GBP D1 and see something completely different.

Here is what I’m seeing.


This is weird! I use Alpari UK but I’m looking at AXITRADE and looks like yours. I’m out of my office but tomorrow I will check it again in Alpari.
This is as I see in Axitrade.
Thanks,


Alpari UK sometimes shows different chart than the New York standard chart we use at this thread. That also answers some of the previous posts from another member who insisted of using Alpari UK a lot. Not recommended to continue using Alpari UK for the sake of discussion here, but of course you are free to continue using Alpari UK in your own personal live trade. Since you have Axitrader -it has our standard New York close chart- already, you can continue posting the next chart for discussion using Axitrader, mselva. :smiley:

That might be me you are talking about :stuck_out_tongue:

But I am not sure why Axi are the correct NY charts when I have live accounts with FXpro, ATC Brokers and Alpari UK all of which have the same candles and NY close. I also have a demo with Tradersway which also have the same candles as my live accounts.

Point taken I guess if Axi are the correct charts for this thread even though most the other brokers have been around alot longer would have considerably more account holders than Axi.

Post up some charts and let’s have a quick back and forth and figure it out :slight_smile:

CHeers

Hi mselva,

That was pretty brave of you, considering that the pin is technically not a pinbar ( e.g tail not x3 the body ) and the levels on the way down… All the best if you are already in.

Cheers


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Hallo cams,

Any 5-day NY-close charts are acceptable (so long as they strictly follow that spec); nowhere has it been set in stone that Axi are the correct charts.

If your sure about your charting broker and candles match up, then you’re good to go, no hand holding :slight_smile:

Cheers

.

Any comments?


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Yeah I’m thinking very hard about taking it. I like that it stalled out yesterday with an IB it suggests to me that price is winding up to make a fast break one way or the other.

Watching…


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Buy trade on USD/CAD buy stop order 10 pips above high of BUEB.

Chart USDCAD, H4, 2013.10.15 09:08 UTC, Ikon Group, MetaTrader 4, Demo - MetaTrader Trading Platform Screenshots

Chart USDCAD, H4, 2013.10.15 09:09 UTC, Ikon Group, MetaTrader 4, Demo - MetaTrader Trading Platform Screenshots

Awfully Nostalgic!

Cheers

It,s against the recent uptrend .What strong market levels you have for taking a counter trend setup like this?

Too much with the trend trading opportunities are coming)

I am not sure what else you would have me say to Darth… Would you like me to say “why on earth did you trade that pin bar Darth!!!”:stuck_out_tongue:

Keep in mind I did say to Darth;

I think Darth did really well. That pin was by no means no where near even close to some of the setups I have seen in here and Darth managed it really well.

I do agree with what you are saying, but at the same time I in this thread we are trying to show traders where they can improve and open their eyes, not slam them down. :60:

Johnathon