Simple as 1-2-3
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i always am on the look out for clues when markets just do not move.
because there will always be conditions/days that market chops around a price range.
today was one such day.
altho during uk session around 0115 est there was movement.
but the us housing data and us trading session did not provide any direction after the setup.
and the lack of follow through and flip back of the macd late into the us session told me no follow through.
because there will always be conditions/days that market chops around a price range.
today was one such day.
altho during uk session around 0115 est there was movement.
but the us housing data and us trading session did not provide any direction after the setup.
and the lack of follow through and flip back of the macd late into the us session told me no follow through.
- dojirock
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Hi Nic,
I didnt know if your knew your using the osma histo, not the macd histogram?
If you did, then I assume your just going for 1-5 pips.
doji
I didnt know if your knew your using the osma histo, not the macd histogram?
If you did, then I assume your just going for 1-5 pips.
doji
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!"
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yea. hehe. i kinda like the histo itself much more than the macd.
oh i misread. yea. i tweaked the settings so its not based on macd histo but more jumpy.
i usually try to secure 8-10pips depending on recent highs/demand/supply areas and roll the rest.
had to wait for eurjpy from 0603 onwards as i jumped the trigger.
took around the first 8pips then some at daily pivot then rest still rolling.
missed the gbpaud / euraud easy trade cos i was asleep. but they were building it up from 0100-0200 est. and after that it was so easy(compared to eurjpy /gbpjpy cluster clumping flat lining)
oh i misread. yea. i tweaked the settings so its not based on macd histo but more jumpy.
i usually try to secure 8-10pips depending on recent highs/demand/supply areas and roll the rest.
had to wait for eurjpy from 0603 onwards as i jumped the trigger.
took around the first 8pips then some at daily pivot then rest still rolling.
missed the gbpaud / euraud easy trade cos i was asleep. but they were building it up from 0100-0200 est. and after that it was so easy(compared to eurjpy /gbpjpy cluster clumping flat lining)
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