miner
got it that time
gotta stop looking at the ticks;)
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miner
got it that time
gotta stop looking at the ticks;)
Ah, you guys are jobbing the 5 min charts - well my previous comments probably don't apply to v short term trades but might explain why you find your technique doesn't work all the time miner
Not a prob Xerof thanks for that will have a look,might need yet another screen tho(might jam a 5 min chart for eur/jpy on a screen),what have said is not foolproof but when it works it works well,as for put off not me hehe,played before just been busy with other stuff.
Prattle away I'm good at that too.
Slam can my last post mind not on the job enough,should have been jpy and chf not going same way so someone is wrong(jpy often shows the way tho) so dodgy hence my messy coments.
Cheers
Miner
Xerof I run daily 1 hour 15 min and 5 min charts for each of the 3 pairs,screen for each,and also look at times(as in say coming up to hourly) with mentioned method.
And yep mainly for trading but can stay in depends how trade goes.
Not trading at mo and wet day so just thought chuck some thoughts around.
Cheers
Miner
Been there done that,you got it watch the chart not how many pips you are making or loosing on your trading station.Quote:
quote:Originally posted by slam
miner
got it that time
gotta stop looking at the ticks;)
Cheers
Miner
Xerof just looked at eur/jpy,mirror image of usd/jpy,ta for that will jam it in on a screen.
Cheers
Miner
Slam as I'm having a prattle day[:o)] something else I do is watch the change of the daily and then the hourly(+ - 5 mins) as they can be good times to enter a trade.
Cheers
Miner
prattle away miner:)
I use Daily, hourly and min
??Quote:
quote:the hourly(+ - 5 mins)
Watch the 5 min before the hourly as they often run into the hourly and sometimes turn just after(hard to explain on a keyboard),eur/usd and usd/chf both gave a good entry on the daily(hindsight now I now but worth watching) jpy did a bit of a run into this hour,depends on other charts supp,ress etc as to what to do,but as say worth watching to suss if nothing else.
And Xerof's eur/jpy ran into the hour,so a quick few pips if you want.
Also when you get a bigish 15min candle like we did on eur/jpy and usd/jpy like we did today look to go other way off it(as fast so easy to miss,then you dont want to get on the wrong boat) more so when eur and chf didnt do it.
Obviously not that simple but some things to look for maybe.
MIGHT be too early to call but I reckon that little burst of USD selling, buying of EUR,CHF, GBP etc was a 'failed rally' and we head south now