04-25-2012, 09:13 PM #301
Just closed AUDUSD as we are on 121 bearish pattern level. Together with the positive SWAP bonus it was nice and lucky trade.
Also see some signs of short opportunity, but will wait together with duggils for something clear (and tomorrow).
04-26-2012, 12:42 PM #302
I got stopped out of my AUDUSD short since it broke the channel and went up. I'm still waiting for a new short entry as well!
Also - what you guys think about the AUDJPY? It's about to hit that trendline, might be okay to go long with a tight stop loss...
Last edited by silvergroupforex; 04-26-2012 at 01:14 PM.
04-26-2012, 12:46 PM #303
@kor4x - so you are basically only watching the EU and AU on ampmonitor? Or you have everything turned on. I had on my trial everything turned on and it was very overwhelming. I am thinking of just getting the EU and possibly AU for now as well and it's only $10 which I can afford no problem. See how I can manage those two pairs and see if it pays itself out in the course of 30 days. Thoughts?
04-26-2012, 01:17 PM #304
I went in on a M5 / M15 121 pattern - made some pips... Now, question is - if it gets re-tested - shall we go back in or we consider this already an old pattern and don't use it anymore? Are there any rules other than looking at what price action is doing and making smart decisions?
This is my H1 - with a channel going up...
Last edited by silvergroupforex; 04-26-2012 at 01:20 PM.
04-26-2012, 01:42 PM #305
I'd wait until price gets down to either of the pink lines- preferably the thicker one before start watching for any long signals.
04-26-2012, 01:46 PM #306
I never got the short signal that was needed to buck the trend last night. So I never got in.
I don't know which TF you took the trade on but there was a very nice opportunity this morning on H1/M5 short from the 380s for a good 20 pips. Actually, it should go to the 350s.
No trade for me though.
04-26-2012, 01:54 PM #307
Saw that - but I wasn't up yet when that happened...
04-26-2012, 02:22 PM #308
Originally Posted by silvergroupforex
To add to what SG said above, what I'd really like to see as a feature in AMP is the flexibility to pick the TF for each pair instead of a global filter for all pairs. In my case, I am mainly a swing trader but I take some scalps on M5 when I am in the mood. I want to watch all available pairs on H1 and higher for swing trading opportunities but want to limit myself to only a couple of TFs for scalping. Obviously, turning on all pairs and all TF's can get really overwhelming.
Is there any possibility to list the TFs next to each pair (on the Filter settings page) and let the user choose the combinations? That would be awesome.
04-26-2012, 02:24 PM #309
I must apologize to sg here. What I totally missed on EU on the M5 chart is the lovely looking bullish crown. Sorry! It would have made a great scalp trade.
Originally Posted by duggils
04-26-2012, 05:39 PM #310
@duggils - no apology needed; I'm learning a whole lot from all of you and this forum. I've found a better home to be at here than anywhere else during my trading time!