EU and UJ showed opposite moves. Both OTMS. Wrong thinking. 15 minutes
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Posted 10 January 2017 - 03:12 AM
Again after the breakout, entered CALL and PUT in both pairs since they were moving in opposite directions. (price correlation). Rode the trend after the pullback. Both ITM. 20 min expiry.
First you Learn. Then you remove the letter "L"
Posted 10 January 2017 - 01:03 PM
Nice trade Shalan!
But about the first one,don't u think it was a bit riskyto take the trade, it could have bounce on thr EMA, no?!
It crossed my mind. I waited about 1 minute to see how the candle react.for the first 15 seconds the price went up, but then changed direction, and it gradually went down. So, I figure the price should go down at least for the next 5 minutes. So, that was my train of thoughts when I took the trade
Posted 11 January 2017 - 01:36 AM
Hello, I would like to ask you if it is possible to record a short video traiding this strategy sorry on my english
Try to read a few pages before, you'll find all the answers you are looking for Hubba Hubba style videos. Already it has been discussed.
Posted 11 January 2017 - 04:54 PM
one of those 'giveaways' during Asia window. easy to spot.
i was not able to enter immediately after the long Bullish Candle as i was away from my desk. Came back and saw that good opportunity was still available. Although not as good as the previous candle setup but still can do. So i went for it.
I have commented about such setup before. Just do your verification steps and determine the probability of an ITM with such 'movement'.
Now, coming back to my discussion on drafting out your trading plan. Let's use this scenario for a case-study.
If u have the opportunity to allocate an undisturbed trading window and stick to it. And u wait for such 'occurrence' to happen again. Wouldnt it be a potentially consistent and viable plan?
U dont even need to follow the hype of achieving 10/10 ITM or 20/20 ITM. All u need is a high ITM%.
And wouldnt such 'occurrence' within a trading session achieve that for u ?
a day with 1/1 ITM or 2/2 ITM, for most days of the week. How would that sound ? Realistic ? Achievable? Profitable ? Easy? Manageable ?
Or all the above ? Think about it.
hubba hubba this was your one of the most important post, i already understand that you make what you know about the asian session (your trading window) again again again and again, you are watching these movements since 3 year, you memorized and you wait for them patiently and when these opportunities comes BANG you click your mouse and take a trade . We will ready when the market cannot show new one, right? That is why you and other traders now making an observation about difference sessions, it will help their traders who cannot stick to a fix trading window because for example they have got variable working hours or studied at university or lazy to observe these movements. I am waiting patiently the new developments.
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