There was a perfect setup at 18:22, as Andrea Oppenheimer suggested in the comments, but I was distracted at this moment and missed it. More setups to come :).
...well you had a really nice entry at 18:22 with both TL cross and CCI cross of 100 level.
Did I tell you that I'm starting loving CCI? :D
In particular divergence... even if I actually use it on different TFs, you already know. But the basics are the same.
You know what? Take a look at "Bollinger Percent B"... very good for divergence too. I'm using them both together and they give nice divergence signals.
you are right, 18:22 was the perfect setup. I missed that, i was distracted searching something on the internet. We are just humans, not perfect. Maybe we can make an EA on Ninja to take all the important 100 line breakouts.
I believe we have to be really careful with multiple trades, it can be seriously risky, so that’s why we have to be extremely careful or we could face huge losses. I trade with OctaFX broker, it is one of the best in the world and due to their lovely facilities, I am able to do well with small spread of 0.2 pips while there is also daily market news and analysis, so with that I can do trading so much easier without difficulty.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
4 comments:
...well you had a really nice entry at 18:22 with both TL cross and CCI cross of 100 level.
Did I tell you that I'm starting loving CCI? :D
In particular divergence... even if I actually use it on different TFs, you already know. But the basics are the same.
You know what? Take a look at "Bollinger Percent B"... very good for divergence too. I'm using them both together and they give nice divergence signals.
Let me know and "charge on"! :D
A.
you are right, 18:22 was the perfect setup. I missed that, i was distracted searching something on the internet. We are just humans, not perfect. Maybe we can make an EA on Ninja to take all the important 100 line breakouts.
No EA can trade like you my friend :) Now I know it.
Trading it's not only a matter of strict "rules".
Maybe I left behind a question mark in my comment :) I just wanted to know if I'm well understanding your "technique" based on CCI "signals".
You know that I'm new to it and always wanto to get all I can from the people like you with much more experience and skill than me ;)
Maybe that's the think I'm best at :D
I missed a lot of GREAT entries during the last few days. But we are only human :D
Thanks again,
A.
I believe we have to be really careful with multiple trades, it can be seriously risky, so that’s why we have to be extremely careful or we could face huge losses. I trade with OctaFX broker, it is one of the best in the world and due to their lovely facilities, I am able to do well with small spread of 0.2 pips while there is also daily market news and analysis, so with that I can do trading so much easier without difficulty.
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