Pending order triggered....
**Update: Closed this one out at +15 (eurchf)
**Update: Closed this one out at +15 (eurchf)
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DislikedUpdate on AUD/USD short: {image} start of this week has produced some follow through breaking down from the range formed over the last two days. While (at this point) the volume is weak, I have moved my stop down to protect the position and provide a small gain. Selling may run into trouble again at the current price or perhaps a little lower.Ignored
Disliked{quote} I'm not currently in front of my trade station but a quick look at my cellphone shows price is pretty much where it was when I took the last screen shot. I'm expecting some back and forth in this same area and lower... that's why I moved my stop down...worst case scenario I make a small profit. Did something happen that I'm not seeing? {image}Ignored
Disliked{quote} i notice you are trading shorter timeframes like me H1. What is your r:r ratio?Ignored
Dislikeddoes anyone think this qualifies as a good pin bar? It's based on a H1 chart.Ignored
Disliked{quote} Much is left unsaid in this chart...(1) has this candle finished? I don't see the open of the next bar. (2) Without any volume information it is difficult (for me) to see the necessary context. This pinbar (hammer) - assuming its finished forming - could be the result of a "lull" in volume between sessions. I would suspect between the London and NY open. Thus it may have formed simply because short term traders are exiting in profit and waiting for the NY open before re-establishing any new positions. This situation could be suspected IF...Ignored
Dislikedhere's one with the volume. it was a chart one hour before. I used the replay feature to playback. yes it has finished closing exactly like that formation. Volume is definitely increasing and very attractive.Ignored
Disliked{quote} OK...Now I am confused...if this candle is complete where is the next open? I still cant see what market this is...does this matter? Perhaps not but each market has its own little quirks. As well it has been well over an hour since this candle formed? Is your market closed? Based on what I see here (keeping in mind I do NOT trade FX intraday) I would be inclined to take a small position and add in on pull backs. However, your charting software is confusing...and I am not completely convinced by looking at a 1 hr signal that the context I...Ignored