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- Elflaco replied Apr 4, 2017
This is a broker issue. Candles, arrows, SAR, they are all not accurate. This will be solved when you open a demo at Forex.com. At the same time you can still be loyal to IG ;-) just don't use them for the indicators.
- Elflaco replied Mar 26, 2017
Hi guys, I want to share this summary that I created. I understand it can be hard to spend a lot of time studying when you also have a dayjob and a family at home, but since you need to study a lot this can probably make that a little easier. The ...
- Elflaco replied Mar 21, 2017
Very nice trade! Didn't see you mention it, but you also had the hit on 23.6 Fibo and Smooth resistance on the Daily, so that was a good confluence.
- Elflaco replied Feb 23, 2017
I second that :-)
- Elflaco replied Feb 23, 2017
Hi guys, Just wanted to share another trade in consolidation. The Daily candle opened at 23.6 Fibo with the horsemen in a downtrend. On H2, notice how the 61.8 has been tested numerous times and held as resistance. We had an open candle below Purple ...
- Elflaco replied Feb 21, 2017
Hi guys, I just wanted to share my trade of today. We are in a tight consolidation and as it has been mentioned before, you don't trade from the middle. After the Daily candle opened notice that the Purple resistance was touched in creating the new ...
- Elflaco replied Feb 14, 2017
I know your question was directed to Shaun, but I hope this will help you. I quoted it from post 3897: Sometimes the next candle will bump higher and other times it will just turn on the next candle
- Elflaco replied Feb 14, 2017
Very good. Keep it up and study hard.
- Elflaco replied Feb 13, 2017
Well, you can't expect a trading plan to turn out well when you have only read the first pages, that's for sure. Here is your answer regarding what causes consolidation: Once White crosses Purple on any of the three charts you are AUTOMATICALLY in ...
- Elflaco replied Feb 10, 2017
You always want to look for confluence before entering a trade. You depended solely on the Daily SAR attachment, and going against the trend. By the way, there is no Green divergence showing on H2 on my chart and I don't see it on the one you posted ...
- Elflaco replied Feb 9, 2017
For any newcomer in this thread, the advice below is the best you can have. I copied it from Shinny, post 4191: Forget about trading and making trading decisions for the immediate future if your brand new here. Concentrate on studying, and ...
- Elflaco replied Feb 2, 2017
Post 5316 is your answer.
- Elflaco replied Feb 1, 2017
I am very sorry to hear that as well.
- Elflaco replied Jan 18, 2017
Yes very nice, and I'm glad you did manage to take 40 out of the market today, although you let it run through Yellen.
- Elflaco replied Jan 18, 2017
My trade today only got me about 20 pips. Here is my motivation: I entered when H2 PSAR was set in stone as support, so H1 and H2 horsemen were both in uptrend with a top SAR attachment on H2 for the new trend. On Daily the 4 horsemen were trending ...
- Elflaco replied Jan 17, 2017
Hi You are right, there is no green divergence showing. It is actually the Magenta divergence and DB/SAR connection that allowed me to take the short in this consolidation with H2 trend still down. Also notice the hit on Daily Purple and H1 ROMAR ...
- Elflaco replied Dec 23, 2016
Wishing you all a Merry Christmas and a Blessed New Year full of love, happiness and good health!!
- Elflaco replied Dec 20, 2016
I already knew
- Elflaco replied Dec 20, 2016
EMA is still support, no matter how you look at it. Purple determines whether EMA becomes resistance, so with Purple above EMA it is still support. Right now the market is stuck between ROMAR resistance and EMA support. This consolidation could take ...