v8power wrote: prochargedmopar wrote:
v8power wrote:How would you trade this chart. Which way is price headed? Will the next candle be bullish or bearish. Were would you enter and were would you exit?gbpusd-d1-oanda-division1-2.png
Would this chart change any of your answers? How would you mark up this chart, to show what price has done and what it might do.gbpusd-h4-oanda-division1.png
I really do encourage anyone who is reading this thread if your not profitable take the 5 mins answer the questions, mark up the chart and post it. That's how you will become profitable.
Also would love to hear some of the vets answers.
Wirhout looking ahead to the next two pages this is how I would trade that daily chart.
Buy the first yellow line and buy again at the 2nd lower line.
Positioned from an extreme I would be targeting the either of the 2 green lines above.
The h4 chart doesnt mean much to me at this point as I have levels and an Idea.
I meant how would you trade the next candle that you cant see. So that should have taken the first lines out of play but I agree with the rest. Not that what I think matters
I don't trade candles I can't see.
Illusions are for people who make $.
Not sure what apir that was so I picked a random daily chart.
This is how I would trade it.
SL below the closest lows.
Next buy entry @ green line.
TP @ against trend ZL just above.