NVP
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hey gang ....
ok ive been mainly playing EJ and EU sells this morning as already mentioned
why ?
because based on currency correlation from 6am BST .....only euro is selling vs my main other currencies like GBP , Yen and USD .....they are all net bull
why try to selloff any currencies in a session clearly Bull ? ......unless you are hunting reversals.................which generally im not .....im mainly a trend follower
so heres the EU this morning from 6am ......(8am on these charts)
i get a lot of emails asking me to reveal more about my trading ....especially Entry points .....once ive identified my alpha pairs to trade in a session...
well i will at some point .....but i have to be honest and say its not that far removed from many things other traders are doing ...........i have no magic beans or indicators .......although i do have a lot of stuff trying to show me where the best low risk trades are flagging up
so heres the 5 min EU and as stated all i am doing is looking to sell .........the second chart is deffo where i went based on my indicators and patterns....usually inside the 5 min on a lower TF (1,2,3mins or even Renko bars)
so c'mon where are the places to sell in hindsight ? ???
I can tell you where i was hunting ..........ive shown them ....simple pullback areas .....but the actual entry points ?
well thats for another time and another place !!
N
ok ive been mainly playing EJ and EU sells this morning as already mentioned
why ?
because based on currency correlation from 6am BST .....only euro is selling vs my main other currencies like GBP , Yen and USD .....they are all net bull
why try to selloff any currencies in a session clearly Bull ? ......unless you are hunting reversals.................which generally im not .....im mainly a trend follower
so heres the EU this morning from 6am ......(8am on these charts)
i get a lot of emails asking me to reveal more about my trading ....especially Entry points .....once ive identified my alpha pairs to trade in a session...
well i will at some point .....but i have to be honest and say its not that far removed from many things other traders are doing ...........i have no magic beans or indicators .......although i do have a lot of stuff trying to show me where the best low risk trades are flagging up
so heres the 5 min EU and as stated all i am doing is looking to sell .........the second chart is deffo where i went based on my indicators and patterns....usually inside the 5 min on a lower TF (1,2,3mins or even Renko bars)
so c'mon where are the places to sell in hindsight ? ???
I can tell you where i was hunting ..........ive shown them ....simple pullback areas .....but the actual entry points ?
well thats for another time and another place !!
N
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