Anyway, after my dreadful day yesterday I decided to look at things more closely today.
Not I'm doing the same thing just in a different manner using supply and demand!
If you say these charts are unclear when I'm doing them while trading live then...shoot me down
Potential demand zone
What it's looking like on H1 (after the following charts occurred)
Waited for failure of M5 supply level
Logic dictates that if it's then pulling back to the breakout zone then you have to drop to M1 to see an M1 supply level fail also
Entered on break of level
This is what it looks like on H1
But there is an issue, to pull back, it had to create an M5 supply level... oh dear
For a moment it looked like it was going to go back down but finally broke through the top. The dark blue areas are newly created M1 zones. As you can see it's a complete guess as to which will fail or hold.
hit the next level up, reacted and I added
And now OANDA have been down for 25 minutes.
Typical!
A fresh start! Doji's Trading Journal
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- newscalper
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Well, they're back online, my positions are still intact and further in profit.
Trouble is I sent them an email saying close all open positions, which they haven't done - it takes up to 2 days apparently
So do I just hold the damn things, close now, or what? No idea. I suppose if it goes further into profit they'll say 'no no' and close at the time when I sent the email and take back the difference. No point trying to add any more to it anyway - it's coming into H1 supply anyway.
Edit:
Just spoke to a rep - he says as they haven't acted on the email the positions can stay open. I'm going to try to add again in a moment.
I'll see in the ensuing weeks what happens.
Trouble is I sent them an email saying close all open positions, which they haven't done - it takes up to 2 days apparently
So do I just hold the damn things, close now, or what? No idea. I suppose if it goes further into profit they'll say 'no no' and close at the time when I sent the email and take back the difference. No point trying to add any more to it anyway - it's coming into H1 supply anyway.
Edit:
Just spoke to a rep - he says as they haven't acted on the email the positions can stay open. I'm going to try to add again in a moment.
I'll see in the ensuing weeks what happens.
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- dojirock
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Ugh!!! Anyone struggling this week...im down 3 percent
Im thinking im done for week...
I wanna blame the new platform....lol
Im thinking im done for week...
I wanna blame the new platform....lol
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- newscalper
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