TAS
Long

EURUSD Last wave of triangle

FX:EURUSD   Euro Fx/U.S. Dollar
1100 12 33
EURUSD             is on a correction triangle going to wave E on low volume . Expecting a jump up from the green rectangle .
Sir im still learning forex and trading a live account at the same time. Does you mean if it hits the green rectangle it is the go signal to buy? Thanks.
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TAS reyforex
Man, what you are asking is about a trigger. The answer is NO (excuse the caps, it's to sink in). This chart is a SETUP, you should then go into a lower timeframe a search for a trigger you trust. Example, this is a 4H setup, then I go into a 15 or 30M chart and look and wait for confirmation. The confirmation or TRIGGER might be
1-Moving Averages crossing
2-News
3-Haikin ashi candles
4-trendline break
5-high or lows break

and many others that you should test.

remember this

A TOUCH OF A LINE IS NOT A TRIGGER, ALL LINES ARE IMAGINARY AND OTHER TRADERS MIGHT HAVE THEM IN ANOTHER LOCACION (excuse the caps, not shouting, just reforcing the importance) Demo before going live and test the triggers
+2 Reply
Thanks the input sir, much appreciated
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TAS reyforex
did you understand? ask anytime
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i understand .. that's very clear to me .. tnx sir
i am trading carefully
each day i catch profit sometimes 1500 or up to 25k
with 5 mins strategy i catch from 500 to 4000 that's good for me i am happy with that but if choose long of course it will be big profit
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TAS ZaynaOmar
glad to hear you are doing great. Nice man
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TAS Niverto
NICE NICE NICE
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Good luck Man ;)
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Niverto Niverto
We got it right ;)
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TAS Niverto
great how two completley different strategies came up with the same level. Thanks. Keep sharing, even if we're going the other way
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