Stopped at entry. Short setup cooking on h4.
hi, fxharmonix:
I was wondering how you go about looking for setups?
For example, in your screenshot form post#22 (please refer to my pdf attachment), if you take candles 1 2 3, it would be a buy according to your rules; but if you take 4 5 6, it could be a sell. Do I miss anything?
THX for your time and help!
Shuo
nzdjpy post22.pdf (28 KB)
Exactly so Shuo. Which is why I protected my buy trade so early. I am paying close attention to the buy setup which is still in tact in this up trend.
Limit reached for ++75pips.
This is a much bigger setup on gbpjpy daily that is just being tested. So i figure the best entries will be at the daily close. Will see what the h4 shows.
What do you mean current price holding above/below the close price’?
How many candles are you taking into consideration?
Hi sujoncit,
The answers to your questions are in post #1.
Poorly timed.
I thought we wouldn’t have gotten there before Sunday, however nfp sped up things, so decided to take this short setup on the nzdjpy h4. 16pip risk
Hello,
I am long the nzdjpy…risk 17pips. Taking profit at next swing high 89.21 or the one above 89.92.
Stopped at entry.
quit SL’s, they are nothing but trouble and disaster; check on hedging instead.
Gl