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level 1 gbpusd short 19013 ....
looks like sharks (mthr fckers) did know in front about good housing number
i was vondering all morning why $ is going up and all researches advice to buy eurusd around 12770, sll usdchf 12350....
hard to folow any system if you dont have information....Hi!
I do not agree with that level 1 sell on cable at 1,9013 (16:30cet). Histo bar was in the making.
The right sell is now (17:00cet) at 1,8995. But according to daily ranges, that short is very,very risky.
Take care.
Nina
Hi!
18:00cet recap:
EURUSD, level 1 buy (08:30cet) @ 1,2813. Closed at 1,2785. - 28 pips.
EURUSD, level 1 sell ( 10:00cet) @ 1,2785. It has made a low at 1,2730 so far.
+ 55 pips.
USDCHF, level 1 buy (11:30cet) @ 1,2363 (pivot at 1,2369). It has made a high so far at 1,2394. + 31 pips.
GBPUSD, level 1 sell (17:00cet) @ 1,8995. Now, cable is trading at 1,19008. When we had this signal, I said that it was very risky cause cable was at its daily range lows. As explained, we ought to take into account the r/r ratio when we have a signal. You can have the best system in the world but, if you do not do any kind of Money Management, your system is worth less than nothing.
Total so far= + 58 pips (without cable signal).
Nina
Hi!
Here you are with a nice and very useful indicator that will tell you what we can expect when we have a signal according to the pair's daily range you are trading and to your r/r ratio.
It can avoid false signals like today on cable, for instance.
A pair can break its daily range; of course it can and it does sometimes. But you need to be very confident if you want to sell a pair when it is at its daily lows. It is much better to wait for a retrace if it is the case.
You can find how the indicator works here:
https://www.mql5.com/en/forum/trading_systems
Nina
Hi!
Here you are with a nice and very useful indicator that will tell you what we can expect when we have a signal according to the pair's daily range you are trading and to your r/r ratio.
It can avoid false signals like today on cable, for instance.
A pair can break its daily range; of course it can and it does sometimes. But you need to be very confident if you want to sell a pair when it is at its daily lows. It is much better to wait for a retrace if it is the case.
You can find how the indicator works here:
https://www.mql5.com/en/forum/trading_systems
Ninahow its work nina???
Hi Nina,
Thanks for sharing this wonderful system. I have a question:
Do you ever take a trade signal outside of the times you recommend to trade?
Hi Nina,
Thanks for sharing this wonderful system. I have a question:
Do you ever take a trade signal outside of the times you recommend to trade?Hi, Mcv!
I could take a trade out of 08:00cet to 18:00cet if there is data. But I recommend to trade that time cause it is the best.
Nina
Hi, traders!!
Signals so far at 09:00cet:
USDCHF, level 2 buy (08:30cet) @ 1,2374. It has made a high so far at 1,2400. + 26 pips.
Stop loss could have been placed at 1,2365. Now, it has made the first 15 pips. So, you can take half and place stop at b/e if you want.
Placing the stop at 1,2365, it means you have a stop of 9 pips. Then, lets look at what we expect. We should go for a mimimim of 15-18 pips (2:1). 3:1 is 27 pips.
So, we have the targets.
Nina
Hi, traders!!
Signals so far at 12:00cet:
USDCHF, level 2 buy (08:30cet) @ 1,2374. It has made a high so far at 1,2432. + 58 pips.
Stop loss could have been placed at 1,2365.
Placing the stop at 1,2365, it means you have a stop of 9 pips. Then, lets look at what we expect. We should go for a mimimim of 15-18 pips (2:1). 3:1 is 27 pips.
All we get above 27 pips is glory!!!
Hallelujah!!!!
Nina