EU
Bollinger Band Confluence Trading 16 replies
bo7a method... method for GBP/JPY 205 replies
Trading based on Confluence 20 replies
Confluence Trading 30 replies
XXX Confluence Scalping Method 58 replies
DislikedHey M, I have a opposite view to your USDCAD. I see the weekly slowing and and printed a green candle which tells me that we are extended and now looking to make a retracement atleast to the 0.382 level. on the Daily we now have a resistance turned support on USDCAD. I am personally looking for longs to complete the weekly retracement. Confluence used: 1) Weekly Pivot 2) Daily Resistance turned Support 3) 50% Fib on 4H Retracement Lets see what the markets gives us today. {image} {image}Ignored
Disliked{quote} Hello swayam Sir.. Usdcad, you are right.. you analyze the price will go up, so I analyze the same thing with you, here we both agree Regarding the uscad analysis that I made last night based on the wyckoff scheme, it is a reversal scheme, what I did it was project whether the spring as the peak of the seller's last emphasis occurred. so wait and see if spring will happen or not and react afterwards that's my current position. Our eyes never lie, if we are to be honest, the current buy/sell of USDCAD is just a "SUGGESTION" Until now, price...Ignored
Disliked{quote} I still beleive that this pair continue to down as COT report still increase in buying cad, or perharp they push them down more before selling cad, sorry it is just view onlyIgnored
Disliked{quote} sure swayam sir..glad to know ots helpfull.. looking big picture can give us where price look like to go.. here my trading plan.. disclamer.. this is not trading call or signal.. M {image}Ignored
DislikedHey M, i agree, the major resistance hasnt bene broken yet and the 4H chart which i use to trade is still not promising however, I am not looking for short at the moment. the COT Report does show more downside but i believe retracement are needed as the weekly is losing momentum. Once the 4H structure or the 1D structure looks bullish. No worries on your english ,we understand everything. Thanks for sharing your thoughts and charts. We are all students here. My reason for being bullish was this structure that was broken and the price...Ignored
DislikedHey M, i agree, the major resistance hasnt bene broken yet and the 4H chart which i use to trade is still not promising however, I am not looking for short at the moment. the COT Report does show more downside but i believe retracement are needed as the weekly is losing momentum. Once the 4H structure or the 1D structure looks bullish. No worries on your english ,we understand everything. Thanks for sharing your thoughts and charts. We are all students here. My reason for being bullish was this structure that was broken and the price...Ignored
DislikedThe ball in your hand, you decide your self being bull or bear.. eyes never lies.. only our greed and fear manipulated our soul.. hope this can help.. ciaooo... adios amigos.. i talk too much here.. lol.. Ps. im lucky kid.. shahab teach me personaly.. i can't describe how good man he is.. he is my master and my journey of trade begin with him,, if he read this.i would say.. MAN.... YOU ARE ROCK... thanks for everything and i never forget about you.. {image}Ignored
DislikedI am just curious, i never trading live before , however how do you deal with spread overnight, or over weekend, and do you use some EA to close base on price ( not base on spread), because i know there is some time the spread of the market jump very high so how do all of you deal with it in practical. Sorry for ask silly questionIgnored
QuoteDislikedI use an arbitrary scoring system that I developed myself for confluence levels: round number (score=2), W/D/H4 S/R (score=2), H1/M30/M15 S/R (score=1), fib levels (score=1), and weekly pivot (score=1). If you are going with the trend you add one score. If it is a counter trend, you subtract 1 score. You add up the scores and you get a total score. The higher the total score, the higher the confidence of that level.
Disliked{quote} Ehi gf, c'è un forte supporto a quel livello ed è vicino al livello di .500. La Confluenza che puoi osservare è: 1) Divergenza RSI su 1H/4H 2) Round Number 3) Supporto 4H 4) Stoppini e reazioni precedenti a quel livello. C'è una divergenza RSI su 1H e 4H, quindi c'è una maggiore probabilità che il prezzo ti dia almeno abbastanza pips per andare in pareggio in base alle confluenze di cui sopra. Uso il sistema di Shahab per darmi fiducia se devo accettare o meno lo scambio. Ecco cosa fa: {quote} Puoi provare a usare questo sistema come lui...Ignored