Discussions and Chat

[immy]

GU is getting exhausted on the way up. Trading Range or Reversal? 

https://www.screencast.com/t/DrfsCFC3cj

[immy]

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. 

https://www.screencast.com/t/V8vqQ0kaSbR


 

Went up Straight away... gave a seed on m5 but I ain't taking M5's


 

[immy]

wow, lovely move on EU for this Banana Signal on H4 https://www.screencast.com/t/3EO7LvAb06O

[Minsk]

I stay at H1 otherwise I will get tempted to try all sort of things on other timeframes that I should not do. At least not now.
But it shows there are always possibilities.
 

[immy]

I stay at H1 otherwise I will get tempted to try all sort of things on other timeframes that I should not do. At least not now.
But it shows there are always possibilities.
 

 

yes, best to stick to a trading time frame of your choice. Multiple time frames is a nightmare. Vicky does h4. We do h1. I like h4 alot. When I'm busy I'll be doing h4. It is not very hard to do. Check 6am, 10am, 2pm, 6pm. And still plenty of signals. 

[immy]

I stay at H1 otherwise I will get tempted to try all sort of things on other timeframes that I should not do. At least not now.
But it shows there are always possibilities.
 


 

One can monitor 10-20 even 30 charts on h4. Choose the ones that are moving and risk appropriately. 

The H4 trades don't need a 3R target. You can let them run and catch huge winners. There is no rush so one can make decision with peace of mind. 

10-20 and30R trades are possible on H4. 

but 1:3 or 1:5 targets are the BEST way forward. Peace of mind. 

[Minsk]

That news didn't shake any trees, or was it priced in already just before the news came out?
 

[immy]

That news didn't shake any trees, or was it priced in already just before the news came out?
 

 

My response to news events is this. If it moves, we trade if not, then the market did not care. Who cares... we only trade our setups. And i'm on h1, i don't give a shit ... other than FOMC and NFP. 

 

[Minsk]

That news didn't shake any trees, or was it priced in already just before the news came out?
 


 

My response to news events is this. If it moves, we trade if not, then the market did not care. Who cares... we only trade our setups. And i'm on h1, i don't give a shit ... other than FOMC and NFP. 

 

 

yes you are right, we can only trade what we see. 
 

[immy]

Breakout on GJ