This might help: https://www.forexforum.co.za/cryptoc...ymbol-mt4.htmlOriginally Posted by ;
This might help: https://www.forexforum.co.za/cryptoc...ymbol-mt4.htmlOriginally Posted by ;
wait for the price to close over the close of the test bar you are revealing ... currently you bought under it .Originally Posted by ;
USD CAD is in a tight consolidation for days now. ...that I woul like to determine price move above 1,2850 and a valid test to confirm the buy
considering 4 hour USDCAD may go down ... there was heavy supply on up bars yesterday , evident on both 4 hour and 60 minutesOriginally Posted by ;
Today markets are tight consolidation
Thank you for the replies, hope we get too see a bit more from you.Originally Posted by ;
I was only coming back to explain why I did what I did.
CAD has been going sideways for the last fourteen days. Basically only fibbed that the volume on the 1 hour chart on the top and underside of the consolidation area we're in, which gives us the edges.
I do think USDCAD will fall too, but I'm just waiting for price to fall below the reduced zone and then return and retest. A perfect illuion is of this from the accumulation area from earlier in April. Simply take the zone from that place wait for price to push out and return and retest.
Calling it a day, even in case it strikes will likely probably be a 4.7:1 RR.
Just saying, I really hate the trading adage You can not go broke by taking profit. Taking profit also soon will lower your RR and in case your win rate can not support your RR, you'll go.
Malcolmb, thanks for being such a patient teacher and mentor to many. . .to me. I really can not thank you enough for all your posts and lessons over time. You're a rare gem. happy trading.Originally Posted by ;
will Clarify Exactly What I saw either later today or tomorrowOriginally Posted by ;