Recent content by erebus

Long is correct for all JPY pairs, are you collecting any swaps?

Just FYI as someone who use to do what you describe here, I know the pain you are experiencing trying to download historical data. There is a better way to get the data from the server from your broker and that is: Step 1: Open an M1 chart (M for Minute, not Month) Step 2: Go to History...

No, don't trade oil and much reduced trading during 3 weeks of holidays quiet period. Working on the never ending problem of solving for trend spotting and getting on board those winners.

Look at this, any Trend Meter long signal above the 30 SMA or any sell signal below the 30 SMA o_O

An indicator called Trend Meter on Tradingview say "I concur"

The signal on 4-hour, below the 30 SMA, so far profits denied if entered, still anything could happen on Friday.

And there is the retracement on Daily, possible weekly high made on Wednesday.

An example, here is a pair clearly in down trend, weekly, blanked out this week's price

I should have put the demo trades on here this morning, but I had periodontist appointment and other distractions. There was a bit of inside bar there too, so plenty of opportunities to enter.

Current sell signals on AUDUSD, and EURUSD. Just going to watch the daily close and then strength meter.

An update on the previously mentioned USDGBP short trade, the arrow is the original signal from last week, X is where I placed it, suffered through consolidation, and draw down since then, now looking good, will move the Take Profit down to the ADR for Thursday if it continues, go USD.

I took this USDCAD long yesterday, demo, and got lucky on news spike, also holding a GBPUSD short but that was an Inside Day so anything can happen there.

So many inside weeks and inside days after last week's big trending moves. Some JPY longs look good but the risk of BoJ intervention of the YEN. Except NZD, continues weak on bad news. Patience is the order of the day.

Watch this video, understand what he says about making the high or low of the week on Tuesday or Wednesday, then check your charts, especially the 4-Hour. The Weekly Bias - Excellence In Short Term Trading

If anyone is reading this, did you notice the 4 opposite entry method signals on the last 4-Hour chart were also excellent trades, as shown here - But the catch is, there was no way to determine that the trend for the week would be long, so it's only a win for hindsight.