It will be a lot of buying at 1.3400 or a bit lower, do not hurry to go down on EU. Just my feeling....
Have good trades !
Have good trades !
Developing algo for Modified Bollinger Band Scalping Strategy 3 replies
ema bollinger band alerts 1 reply
Bollinger band difference indicator... 2 replies
Bollinger band settings? 1 reply
Bollinger Band Width for Metatrader 4 replies
DislikedConfluence here means - Meeting of two Bollinger Bands A confluence can be called as meeting of 2 or more events at a single place. When 2 or more events meet at a particular area, it attracts huge number of participants and generates big force in the form of big orders. At this point human traders and robot traders enter trades. Trading the best confluence areas can change a trader's life forever. If we can master it........... XAU/USD 5 min counter-trend scalp entry: This is from my trading experience: How to spot trend reversal with help...Ignored
Disliked{quote} Scalpeur made it simple, i just posted this for those who send me emails, I walked through one of the trades and explained what is confluenceIgnored
DislikedI see you understand the confluence. Picture is better than text: (with another indicator , for scalp 1 minute). {image}Ignored
Disliked{quote} I understand, but confluence is pretty simple, it can be used only with BB, confluence it is when two BB mat in one place, white circle on the chart. And don't use all that mtf indi, pick one or two indicators to show you direction, and follow the price. {image}Ignored
Disliked{quote} Whatever works for you, use indicators, that works for you. I like to see indicators, that give me view of two time frames. Then i do not make mistake for entry. All bands are very flexible, they move and change direction (I mean on 1 and 5 Min time frames) It is also important to see trendline brake. If its not broken, price may continue through the band. The best, if you have confluence of bands, indicators and fundamentals, then it worksIgnored
Disliked{quote} Very interesting chart. Are these TMA bands? Are these Envelopes? What are the settings? I looked over the thread but did not see them. Thanks.Ignored
Disliked{quote} That is your choice. Have pretty much the same chart as Scalpeur, I am using it from first day, had a good teacher or mentor (fancy word) who gave it to me. Trend line is not important, used it on the begging, it doen't make a difference if you understand this method, follow direction of the band.Ignored