my boxes still are not turning out like yours. I noticed on your website you and that other guy are doing a dvd...can i come to the seminar, i am willing to drive. And also, is the box going to be taught at the seminar and going to be on the dvd?
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Dislikedmy boxes still are not turning out like yours. I noticed on your website you and that other guy are doing a dvd...can i come to the seminar, i am willing to drive. And also, is the box going to be taught at the seminar and going to be on the dvd?Ignored
DislikedYa wish is my command ! so i concentrate on g/u and g/j..so there will be about 2 post a month about that ...
so now u expect a nice move with cable if it breaks the actual zone to the upside or downside right..
After getting that river240signal now and interpreting fundis (especially the now really rolling credit crunch) i expect much more probability to the downside the next days...
Also the weekly channel still offers some more downside before significant Support plays a role..(a weekly Pinbar there too)..next medium support 2.0300 inmyview
Thank you very much PowerTrader for allowing me to post this stuff..it really helps me to focus and improve..I am still only 1 Year @ the markets (24/7 if possible )..so for everyone consider my OPPINION/RESEARCH as an schoolars one..
PT is the Threadstarter and Teacher!
now my River240 chart
I Entered a 1% of capital short at the actual Candle which is the first red candle below the River which will close soon.
In Retrospect i think i should have waited for an retracement to the 38.2 like PT is telling us in Post #277..
Could give an better entry
But my Stop is above so i can wait it out.Ignored
DislikedYou have a very good understanding of what I am doing and it does work on many pairs. I will be posting some 4hr charts in the future so people can see the total PowerTrading method. It is never just one move.
Nice Post,
PTIgnored
DislikedI took an Short entry on cable a few minutes ago..
Bad i missed the bounces off the river on gbp/jpy(which is now @ heavy support) and cad/jpy while reading and chatting
Okay here we go with charts :
btw one can see also my River240 Positions on cable and loonie.Ignored
DislikedGood Job again you are catching pips with this strategy every day now.
PTIgnored
DislikedXSDelivers and sitges, thank you for getting back to me, can you please tell me how to draw the box on the MT4 chart?
I understand the concept of color zone, but don't know how to draw the box, there are tools to draw the lines but not the box.
ThanksIgnored
DislikedPowertrader your words are right. Trading the cable is easier with the zone. But i would advice other people that g/j is harder to trade with Zone because its trending volatility. Cable has more consolidation price periods unlike g/j.
So the basic 15min river system should works better then the modified one on g/j.
I tried both with the Zone and i never lost pips with cable unlike g/j.Ignored