Too Fast to Fail: Is High-Speed Trading the Next Wall Street Disaster? | Mother Jones
Interesting read.
Interesting information, have no idea with those high frequency trading.
Any one trade this week, NZD/CHF was very good to buy, only manage to get 22 pips, did not get time to monitor the trade so move the SL and left it when I check my position was closed.
Hope next week we will get good setup.
Any one long on GU. I am waiting for the price to drop little bit more then buy. What every one things about this pair.
Missed the boat last week, did not get time to open the position, hope coming week will give good opportunity to open position, don’t know I will get time or not.
Any one open any position last week.
Hi Nikita,
Thanks for this great thread! I’ve been going through the thread from the beginning and it’s great and I had a question about your entries on the H1 TF. In post #127 on page 13, you give us an idea of where you would have entered buy/sell. Here is the chart you used.
On the second day (the second from the left vertical period separator), the current bias for that day is up since the previous day was up, so you would be looking for a buy signal. But you say that there was no buy signal. You only say that there was a sell signal on the 17th candle, which I’m guessing is the bearish pinbar. My question is, how can you tell that there is no buy signal between candles 0-16? I can see a couple bullish pinbars (candles 8, 9, and 10) which make it look like the price can go up since they have long lower wicks, and they are in line with the bias from the previous day. Why did you not enter a buy on these candles?
I’m clearly missing something here about reading price action and hoping you could help me out! I would really appreciate it, thank you.
First trade of the week hit my TS and closed with 32 pips. I will try to open another position on NZD/USD if the price drop and create another opportunity.
5 MIN TF NZD/USD
[QUOTE=“eujn;621100”]Hi Nikita,
Thanks for this great thread! I’ve been going through the thread from the beginning and it’s great and I had a question about your entries on the H1 TF. In post #127 on page 13, you give us an idea of where you would have entered buy/sell. Here is the chart you used.
<img src=“301 Moved Permanently”/>
On the second day (the second from the left vertical period separator), the current bias for that day is up since the previous day was up, so you would be looking for a buy signal. But you say that there was no buy signal. You only say that there was a sell signal on the 17th candle, which I’m guessing is the bearish pinbar. My question is, how can you tell that there is no buy signal between candles 0-16? I can see a couple bullish pinbars (candles 8, 9, and 10) which make it look like the price can go up since they have long lower wicks, and they are in line with the bias from the previous day. Why did you not enter a buy on these candles?
I’m clearly missing something here about reading price action and hoping you could help me out! I would really appreciate it, thank you.[/QUOTE]
Hi eujn if you check the post 124 on page 13 you will see Nikita uploaded Daily candle chart as well where previous day candle was bearish. Hope it will clear your confusion.
USD/CHF Daily
USD/CHF H1
Still trying to get in touch with price action.Hope all of you can help me to be a better trader 
Hi izzdin welcome and feel free to ask any question you have, we all trying to be a better trader.
Hi Nikita I hope you are doing good.
[QUOTE=“sharebazar;622317”]Hi Nikita I hope you are doing good.[/QUOTE]
Doing great Sharebazar.
Hope all of you guys are doing ok too.
Watching all USD pairs and looking out for the reversals.
Wait for new monthly candle to pullback to its respective support or resistance for that one trade.
Hit my TS closed with 53 pips on EU, last week was bad week for me. Almost recovered everything lost last week.
1HR EU
4HR EU
Nikita nice to see you.
[QUOTE=“sharebazar;624435”] Nikita nice to see you.[/QUOTE]
Good to See you too my friend.
Glad to know u recovered.
I just got my SL hit on EA by 8 pips, just to have it fly up by a 100 odd pip.
Just one of those things with trading
I was also waiting for the EA but unfortunately missed the trade.
I was long on NJ last week but stop me out and now went up more than 100 pips without me.
Very important lesson learned, I jump on bit early this time. Never mind I think price will go up but with a retracement soon.
What everyone think about this pair.
a stoch’s bearish divergence is getting shaped in the H4 chart
and on daily the stoch is looking down but not yet oversold
maybe the 86.5 price is good for a long trade
Any one open open position today.
[QUOTE=“sharebazar;626253”]Any one open open position today.[/QUOTE]
On a ENZD and EGBP buy
ENZD is in profit but EGBP is still hovering at a few pips since yesterday