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Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)
dont forget. AAAXXX, If you are buying something strong bullish you you are also selling something strong bearish. Dont just looko at one side of pair. You must look at both sides.
Here is a clear exemple guys. Trade taken by EA according to HeatMap rules. The market bouced back with a loss.
That trade was taken on support level. So, definitly we need to avoid it.
Usually a big movement in the direction of a support/resistence its banks and institucionals cleaning all the...
From my experience in similar strategies, i doubt any good indicator would be of use. What makes the price bounce after a big speed in one direction is S/R. Lia hit the spot correctly.
Lia, this is very very good observation. I already thought of it as i had a similar strategy using CCI which was giving same entrys as this. Problem was the suport/resistance. Those are very bad entry points as the market bouce back a lot of times. So i started using fxr_sr_zones3.10 indicator...
Either you watch vertical line or horizontal it doesnt matter.
Its easier if you just look HORIZONTAL line. If you see USD all GREEN on all or most pairs, that mean USD is good to BUY. RIGHT?
HORIZONTAL - GREEN -BUY USD
ok! So now we have GBPUSD and USDJPY, what do we do?
At the moment we...
I will make an indicator for this that will tell you when to buy or sell.
I just dont have much time at moment, but i´ll work on that
From my point of view forget EAs for now. EAs would keep buying or selling even after momentum was gone..
yes!
Another more simples way to see...
Just look at horizontal lines Green -> Buy; Red --> Sell
AUD - Red; CHF - Green --> Sell AUDCHF
Much more simple!
Hemmy. Sorry mate but you didnt understand yet. Please follow me:
Pairs are divide in 2 parts AAA + BBB --> AAABBB,
Lets say you´re watching BBB vertical:
BBB is RED vertical --> SELL XXXBBB; BBB is GREEN vertical --> BUY XXXBBB;
Now Lets say you´re watching AAA horizontal:
AAA is GREEN...
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