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- Nala66 replied 3 hr ago
Back to the 1 hour we see the average is trying for A so the price should try for B... image Since this is the 1 hour, we look for the short signals on the lower timeframes to take us down to the distance.
- Nala66 replied 4 hr ago
Back to my 5 min chart we can see much clearer how if the average is to pass A then price should reach B. image I don't hold any bias towards any particular direction. I simply respond to the signals given and plot the potential target. Then do ...
- Nala66 replied 4 hr ago
My ABCD was a tad different on the 1 hour. X1 and X2 were in divergence so I didn't take those as the A point... image
- Nala66 replied 4 hr ago
I had this marked on my 15 min chart, but it took two days to get there... image
- Nala66 replied May 24, 2024
Did you have an eye on the 4 hour ABCD? An entry at the lower time frames at A would have shown the best trade was long. It hit D giving a 3:1 win. image Other than that, the week was weak especially compared to the previous week. We can only take ...
- Nala66 replied May 21, 2024
Mmmm, that was the most important one being four things... 1) It was indeed an RSI bull div 2) It was at the daily pivot. 3) It was at the last average swing low. 4) It was at the 1-hour EMA. All these ZOO points.
- Nala66 replied May 21, 2024
Three for me but done now...Tooo Slowww. Blue is test entry. Red is stop X is exit. image I don't suppose the market will stand for these small moves much longer. I am still expecting a break long....
- Nala66 replied May 21, 2024
The tick chart is showing not much interest as it keeps stopping.
- Nala66 replied May 21, 2024
My longer-term thinking is that it will break that level and push onto the next at 2839. But this is the daily and a lot can happen over such a time span.
- Nala66 replied May 21, 2024
Whooopeee I just made 3 pips
- Nala66 replied May 21, 2024
OK guys remember the rule. If the div does not make the EMA, it is probably going to make a HH (LL)
- Nala66 replied May 21, 2024
I see. That is tough. I find it difficult even with 4 large monitors to see all that is going on. On a phone I would find it impossible. Even the US session is difficult for you about 1pm your time. I have a solution, move to a more civilized ...
- Nala66 replied May 20, 2024
Yesterdays... image Where I closed my first long, I should have shorted, but I was waiting to see if the bulls found support to take it longer. Note this was a double bottom for the averages before it took off long.
- Nala66 replied May 20, 2024
What time of the day are you normally trading? (GMT will do)
- Nala66 replied May 18, 2024
All the effort I put in to making a few bob within the red circle. Then with a bull div it takes off for over 50 pips after I had quit for the day. This has been happening quite a bit lately, the US session is quite lively. That is about the 1500 ...
- Nala66 replied May 17, 2024
That was a roller coaster of a trade involving hedging and adding to short position. Got there in the end. Not showing chart because I don't want to explain hedging all over again.
- Nala66 replied May 17, 2024
With 10 pips profit locked in, this is what I am going for.... image If it doesn't make it, no harm done.
- Nala66 replied May 17, 2024
I simply don't understand this chart at all. It is just showing entry numbers with no reason at all for taking them. The distance from the entries to the EMA is just not worth the effort. Price had rolled over to a bear situation indicated by the ...
- Nala66 replied May 14, 2024
I got my money back plus 5 pips...Whoooopeeee!