FX:AUDUSD   Australian Dollar/U.S. Dollar
42 6 0
How do you think about this ?

Related Ideas

dojitrader
2 years ago
what do you see in this chart that says go short, not long
or not stand aside ?
Reply
note.natrong dojitrader
2 years ago
I see the engulfing and inside bar.
Reply
dojitrader note.natrong
2 years ago
More questions if you're interested ???
Are there any other reasons that support this idea
or are you only using candlesticks ?
(such as support/resistance that is weak or strong - rsi divergence - harmonic patterns
- wave count - fib retracement/extensions ?)
Do you find that 1 engulfing candle is a strong enough signal ?
Have you considered using the inside day candle to signal a breakout
either short or long, before, you enter a position.
Is your risk to reward greater than 1:1 assuming a 50% win loss ratio
that would be needed to break even ?
{it looks like you're using 2 positions ? the first is less than 1:1 which is
probably unrealistic needing a win/loss of 70% just to break even}
These are all the things I would consider for a valid trade that has an edge.
Thanks for your thoughts ~~~~~~
Wishing you lots of pips in your pocket for 2015 !!!!!!!!!!!!!!!
Reply
Teddy dojitrader
2 years ago
good advice.
Reply
note.natrong dojitrader
2 years ago
Thank you so much for my Beginner.
Reply
TheBulltrader
2 years ago
Good candle on the daily for me to sell. Good luck :D
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out