kvr1966 wrote: ↑23 May 2022, 14:08
@Imi, about the 2nd USD-CHF trade I took, I now enlarged it way bigger, and I see both the seed and the Banana #2 are bullish. That does not invalidate the signal I think. Or?
Fact is, that first time around when I took the trade I saw the seed candle as a bearish black one. As I obviously did not enlarge enough.
That's NOT the point.
When you saw the Seed, you put the trade , ok fine.
Then the next candle, was a bullish but still Number 2 Banana. That means, Seed signal is invalid now, and if you like and if it is valid, then trade the Number 2 Signal. Seed was GONE. IF wanted to definitely trade the seed then the best way was to wait for price to do down and then set a limit sell.
hope this makes sense.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
kvr1966 wrote: ↑23 May 2022, 14:08
@Imi, about the 2nd USD-CHF trade I took, I now enlarged it way bigger, and I see both the seed and the Banana #2 are bullish. That does not invalidate the signal I think. Or?
Fact is, that first time around when I took the trade I saw the seed candle as a bearish black one. As I obviously did not enlarge enough.
kvr1966 wrote: ↑23 May 2022, 14:08
@Imi, about the 2nd USD-CHF trade I took, I now enlarged it way bigger, and I see both the seed and the Banana #2 are bullish. That does not invalidate the signal I think. Or?
Fact is, that first time around when I took the trade I saw the seed candle as a bearish black one. As I obviously did not enlarge enough.
kvr1966 wrote: ↑23 May 2022, 14:08
@Imi, about the 2nd USD-CHF trade I took, I now enlarged it way bigger, and I see both the seed and the Banana #2 are bullish. That does not invalidate the signal I think. Or?
Fact is, that first time around when I took the trade I saw the seed candle as a bearish black one. As I obviously did not enlarge enough.
That's NOT the point.
When you saw the Seed, you put the trade , ok fine.
Then the next candle, was a bullish but still Number 2 Banana. That means, Seed signal is invalid now, and if you like and if it is valid, then trade the Number 2 Signal. Seed was GONE. IF wanted to definitely trade the seed then the best way was to wait for price to do down and then set a limit sell.
wow, another DS0 Today on UK100 . I think I exited this trade because I was extremely bearish on all the other Indices. Turns out I was (the system was) RIGHT on this one .
DS0
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
kvr1966 wrote: ↑24 May 2022, 07:53
goodmorning,
nothing yet on my FX pairs.
In about 40 minutes there will be red news about germany manufacturing. That might move things.
Yes! German Flash News at 8.30 am UK
As I write EU is spiking up. Looks like money is pouring into the euros.
Once again DAX is going short signals but the indices have been losing momentum a bit. They have kind of stopped going down but nobody is willing to buy crazy like they used to , a few months ago. The market was bullish, everyone bought dips. Not anymore.
