Daily Only Currency Charts

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aliassmith
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Re: Daily Only Currency Charts

Postby aliassmith » Wed Jun 26, 2019 5:49 pm

trojoh68 wrote:I also got our after some retracement. Lost 80 pips out my 130 pip stop loss. When trading short-term, I would consider reversing to go short if price continues back up to the broken DojiZone. My hesitancy would be that we have already had a long run downward with several pushes. I'll probably keep an eye on this pair for next week if price move back up and closes above 1.6822.

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Would of took a whole stop without getting out based on market structure.
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dojirock
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Re: Daily Only Currency Charts

Postby dojirock » Wed Jun 26, 2019 6:37 pm

Consider using 4 hour to reduce SL for the Daily trades. It will improve RR due to targets will be based on Daily Bars still....
Still Daily bar trading, hence the overlays.

just an idea for you to ponder on.....

Sorry for the thread hack B

Doji
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It always takes Momentum to break Momentum!
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aliassmith
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Re: Daily Only Currency Charts

Postby aliassmith » Wed Jun 26, 2019 7:02 pm

dojirock wrote:Consider using 4 hour to reduce SL for the Daily trades. It will improve RR due to targets will be based on Daily Bars still....
Still Daily bar trading, hence the overlays.

just an idea for you to ponder on.....

Sorry for the thread hack B

Doji


Sure using 4H to trigger on Daily is a good way of doing it.
I was just laying out a simple way to be profitable looking at the charts less than an hour a day.
Some people don't have access to watch the 4H charts also.
Ya, using the 4H and adding into trades will help RR

Thanks for popping in Doji, good to have you around.
Maybe you can discuss how you would stack on the daily charts, unless its proprietary info now.
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aliassmith
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Re: Daily Only Currency Charts

Postby aliassmith » Wed Jun 26, 2019 8:20 pm

dojirock wrote:Consider using 4 hour to reduce SL for the Daily trades. It will improve RR due to targets will be based on Daily Bars still....
Still Daily bar trading, hence the overlays.

just an idea for you to ponder on.....

Sorry for the thread hack B

Doji


I can't seem to locate my custom candle indie for MT4 could you upload it plz?
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trojoh68
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Re: Daily Only Currency Charts

Postby trojoh68 » Wed Jun 26, 2019 11:52 pm

You made your target it seems! =D>
I made a trade on the AUD/JPY long and it moved pretty well also.[/quote]

Thanks, Alias!

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trojoh68
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Re: Daily Only Currency Charts

Postby trojoh68 » Thu Jun 27, 2019 12:00 am

dojirock wrote:Consider using 4 hour to reduce SL for the Daily trades. It will improve RR due to targets will be based on Daily Bars still....
Still Daily bar trading, hence the overlays.

just an idea for you to ponder on.....

Sorry for the thread hack B

Doji



You're on the money, Doji! That would've been good place to stack, maybe?

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dojirock
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Re: Daily Only Currency Charts

Postby dojirock » Thu Jun 27, 2019 2:13 am

M-CandleHighLow.ex4
(27.82 KiB) Downloaded 13 times


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!"

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Re: Daily Only Currency Charts

Postby aliassmith » Thu Jun 27, 2019 2:15 am

dojirock wrote:M-CandleHighLow.ex4

doji

Thanks
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Re: Daily Only Currency Charts

Postby aliassmith » Thu Jun 27, 2019 2:10 pm

I thought the candle over lay didn't work I had to switch to 4H duh!
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Re: Daily Only Currency Charts

Postby aliassmith » Fri Jun 28, 2019 1:55 pm

Based on Daily charts I don't see anything I'm interested in.
Check in on Monday
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