GBP/USD Update. Price moves in it's logical way. Morning analysis was clear and definitely right.
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DislikedThanks for sharing your systems Whatever. Can I ask how you determine when to get out of a breakout/CCI trade?Ignored
DislikedDivergences are the second very powerful tool in your trading. Learn them, note them on your chart, train your eyes to see them and test how to use them. Find out what works better for lower and higher TFs. It will be a big helper in your trading. Just last week EUR/USD, but how many possibilities. Easy, right? Sure, if you know what to do. Do you use Divergences in your trading? {image}Ignored
Disliked{quote} I have told about my exits a little bit in this post, but sure - exits are very personal and hard predicted thing. I trade M15 and my targets are moderate and SLs are tight. Often exits depend on candles and support/resistance levels. Original TP is always set in 1.5 bigger than SL. Also i put my trade in breakeven after it reaches about 50% of my TP. Main rule - never make your profitable trade to become loss, so don't be greedy.Ignored
DislikedWhat monday brings? EUR/USD. Early short signal with both CCI confirmations. Nice one, but i didn't take it because of timing, it's early for me, so i missed it. Then we see how price works with main level (let me call it so). It moves back, retest this level and gives a great fast move with a great momentum breaking Double Top. That was the point to enter. CCI(100) didn't confirm that still, but it was on it's way, crossing 0 line already. Situation is great for such moments - retest gives us confidence, breaking of DT gives us point to enter....Ignored
DislikedAnother one on EUR/USD for today. This time fully confirmed with CCI. {image}Ignored
DislikedHi Whatever, Long time lurker here but never really been successful with Forex... I really like your system as it's very simple and the chart is not crowded... just not really quite sure about the entries. In this particular case, for example, when and where did you place your buy? Was it even before the breakout happened or did you wait for a retracement? Thanks in advance. {quote}Ignored