You can see the difference between Long Term and Mid-Term
1
simple and clear advice for new traders, no cryptic teachings 36 replies
Forex Audio Books and Teachings 5 replies
Michael's CHART Pattern trading is back! 0 replies
Getting Started in Currency Trading by Michael Archer 0 replies
Disliked{quote} ONce you have a 1 x1 or 45 degree angle your happy with...then check of "scale fix" on your common properties tab...experiment a bit and I think you will come up with a satisfactory solutionIgnored
Disliked{quote} Just a question about these bands.. They look like TMA bands which are notorious for repainting (giving a false history.) The only bar you can trust is the current bar. These bands also have a shift of about 10. I'd like to know how you could trade with these successfully? IMHO I think TMATrue (LWMA bands) would give better results.Ignored
DislikedWe all know there are so many ways to skin the cat...but I would like to stress a couple of points.........Do yourself a favor and concentrate on post 44 and subsequest posts to do just a few things to get your teeth into Jenkins. 1......Get your octaves set correctly...the horizontal lines...they represent support and resistance. 2.....Next get your cycles set up correctly to show the time factor because this is the time where the price may shift...its a warning to the trader 3.....If you want to learn about angles...start by just getting your...Ignored
Disliked{quote} many thx for the revision. your lessons first 2 points im practicing daily...and posting raw charts...next time I will be simple in chart setups. making 90 angle on Mt4 is still an issue for me. how do you do it? protractor on screen? regardsIgnored
DislikedThen ask yourself...how did I know to start shorting euro...that 4 hour candle was a strong looking momentum candle right? Normally I probably would have started to think long...wait for a retrace and go long......But Jenkins ....the very first page of his introductions says this....."always wait for a signal...short the low of the high bar, go long the high of the low bar...you see that's the confirmation and it works so well Im embarassed that I didn't trade this way in the past...more a gamble than the confirmation....now look at the chart again...the...Ignored