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Braintrading analysis
Hello,
I start this thread to post my views and learn further with braintrading indicators pls only post your views if you have some charts to back it up and must be related to BT thanks!. Below is the chart where the VP is providing good support for eurusd but looking at ITREND the Trend is heavily down will update after more time is elapsed. Trade: Looking to short first after vp( volatility pivot ) is taken or if new Brain Signal at 4hr for up conforming good support at vp. |
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Well, looking at 4hr we are clearly in sideways market
15 min Juice trigger i am currently using is 0.0003 also i am more into shorting euro because of ITREND todays pivots 1.2756 so resistance must be near 1.2756-65 lvl also BT2Stops are at or very near the same range 4HR charts. As BT manual states if you see Green Bars and then same color which i am looking for is Red then this could be good signal where i will check the juice to hit the 0.0003 lvl like yesterday lets see. |
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Quote:
This VP which is now below the price ( was before above the price needs to be taken-out by the price bar while the 4HR ITREND and BT signal all confirm the same direction . JUICE hitting 0.0003 lvl or above. |
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WOW!
Euro Ran up till the brainStop1 and finding resistance there i am not going to look anymore at 15min time frame 4hr seems to be the best for me like yen i had a chance yesterday anyways i am watching the BT resistance at 1.2786-90 can it reverse the euro back lets see. P.S: I will only post charts for 4hr this seems to be the best time frame for visualisation trades at least for me. |
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Quote:
Sl 1.2779 Tp 1.2706 [Trade is still going on ] Why? because 4hr TF down and now the VP was crossed while the 15 min Juice above 0.0003 |
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risk on this trade = 35 pips. I am watching the 4Hr charts and will only try to trade them from next time but this wat exatly i took yesterday on euro same setup so went for it again. |
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Files are attached for VP and Juice all BT indicators are available from the BT section .. I am still into make unmake of the system but VP is there to stay. |
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i closed it for -10 pip loss at 1.2760 Juice was gone!.. I need to think more for this sideways news days .. I am a programmer not a trader just turned into one i need to start thinking like a trader or else this business ( forex ) is not for me i work mor towards the strategy.
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