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- ericjschroed replied Aug 30, 2017
So far no trades for me. Asia is trickier (for a less experienced trader) and NY has had too much news during the time I can watch. Tick, tock, tick, tock.... watching and hopefully learning.
As simple as possible: 00 level trading
- ericjschroed replied Aug 28, 2017
I also noticed that every time there is a burst of momentum, my demo account freezes for 1-3 minutes. Guess I'll have to watch the live account and see how that responds. Thanks, guys!
As simple as possible: 00 level trading
- ericjschroed replied Aug 28, 2017
And while sitting here watching, the AJ just plummeted 50 pips apparently due to something on the NZD (not Red news), which dropped 110 pips in one minute! Not sure if I'll get anymore trades in Asia now.
As simple as possible: 00 level trading
- ericjschroed replied Aug 28, 2017
The pair was above the DO but heading sharply down for a good sell opportunity, but I am still learning and the momentum system I am trying to incorporate would have taken that trade (sell). Main point for me is not to trade if I don't feel ...
As simple as possible: 00 level trading
- ericjschroed replied Aug 27, 2017
Nice, you are apparently willing to trade earlier than I am; my spreads are quite high then. I only had one good possible trade later, but it violates the rules of this system. And I missed it anyway.
As simple as possible: 00 level trading
- ericjschroed replied Aug 24, 2017
Craziness. For no reason I can see, the JPY took off 45 minutes after (what I think is) the Tokyo open. There was only Yellow JPY news but that was over an hour ago. I just watched. image
As simple as possible: 00 level trading
- ericjschroed replied Aug 24, 2017
Don't see much happening today in Asia, just a lot of sideways action.
As simple as possible: 00 level trading
- ericjschroed replied Aug 23, 2017
Yes, maybe I should have checked for your new post before I took the trade! But I may have made the mistakes myself as I mentioned above.
As simple as possible: 00 level trading
- ericjschroed replied Aug 23, 2017
And yet another loss. I got the signal after price broke the 1.61750 and retreated so I placed a pending order there. If I had entered on the first cross, it would be BE. I probably should have removed the pending order when momentum started to ...
As simple as possible: 00 level trading
- ericjschroed replied Aug 23, 2017
Yes something to consider, and I think it may be risky to enter a trade in the last 15 minutes of the hour.
As simple as possible: 00 level trading
- ericjschroed replied Aug 23, 2017
Thanks, now I just need to learn if I'm doing something wrong, or it's just the month, or the session, or just unlucky.
As simple as possible: 00 level trading
- ericjschroed replied Aug 22, 2017
And in the blink of an eye, without any obvious news, the AUD and NZD just ran away. A better trader than me would have been able to catch that, but I don't know how to catch a runaway train. Some pairs seem to want to continue down, others are ...
As simple as possible: 00 level trading
- ericjschroed replied Aug 22, 2017
And this one. Now the market is reversing. image
As simple as possible: 00 level trading
- ericjschroed replied Aug 22, 2017
I don't take a trade if the previous bar crossed the DO line. Here's another that didn't work out. image
As simple as possible: 00 level trading
- ericjschroed replied Aug 22, 2017
Good for you. My current rules prevented me from taking those, and after the previous day's mistakes, I am a little more cautious. Maybe I'll get some opportunities next day.
As simple as possible: 00 level trading
- ericjschroed replied Aug 21, 2017
Thanks, bubincka, it's mostly just time now, and looking for trades, not trying to force a trade that doesn't exist. I think I have all the info I need now, I just have to remember to pay attention. No trades in Asia for me today due to following my ...
As simple as possible: 00 level trading
- ericjschroed replied Aug 20, 2017
Tried to catch the CJ as well and got a loss. No more trading today. Probably should not have taken this one because the previous bar crossed the DO line. Need to pay attention. image
As simple as possible: 00 level trading
- ericjschroed replied Aug 20, 2017
Thought I had a good reversal on AJ so sold it, but stopped out at BE. Probably should not have taken this because that bar crossed the DO line. image
As simple as possible: 00 level trading
- ericjschroed replied Aug 20, 2017
Ok, 2 losses so far. Why? Because I entered too early. I was worried that some of the previous trades were entered too late and I got lucky, so I jumped in just before the Asia open and as soon as the Open happened, the whole picture changed. If I ...
As simple as possible: 00 level trading
- ericjschroed replied Aug 18, 2017
@Yaz and any others who downloaded my script and EA: I removed the Expiration because the EA kept deleting the Pending Line, so try this, or edit the one you have. I'm still not sure about the Buy on Ask option but I'm trading on demo right now. ...
As simple as possible: 00 level trading