Measure twice, cut once
Drawing Correct Trendlines 58 replies
Drawing Gann Grid in mt4, the correct way 3 replies
Drawing correct S/R and pivot 8 replies
Drawing Objects vs Drawing lines 1 reply
Drawing support and resistance lines 4 replies
DislikedThere are lot of conditions and circumstances yuna... Not only pulls back... See all my posted screenshots.... You will find something intresting about my entry...yA its ture i enter in a next candle after the breakage but i also see the shape of candle which breaks the trendline... I mean if it's breaks the upper line of trendline than the candle which breaks the upper line of trendlines must be bullish ... I mean it must not be bearish & vice-versa( Important factor)...
-- Also breakage accured almost in it's middle body... cadles wicks have no impact...(2nd Important factor)....
--- Im using some commen indicator's to enter in a trade like...Ssto, Ma's, Rsi and other's... I like to enter when every thing is my favour and in right place...(3rd imp. Factor)
---Also Before entering in a trade I Observed the candle's shape which breaks the trendline ...It must be in my favour...This is the most important factor as there are lot of candles with different shapes which may breaks the Trendlines but all of them are not affective and valid... Just some of them... anD If you wana know which of them are affective and valid then save all the screenshots of my this threads post's... and monitor and observed these candles which breaks the trendlines and see the after affects... I know it may take some time but believe me no body teache's me ...Im my own teacher lol and I also save all the screenshots of my winning/losing trades and observed them in my free time... From this observation i came to know which candle is important/valid and which is not while breaking the trendlines...I hope you may learn alot but with patience...
GoodLuckIgnored
DislikedWell Sorry for the little late response ..I was bit busy today throughout the day ... I Just saw... well see the screenshot...Ignored
DislikedI do agreed with you buddy but i manage to get 10pips when i see good cs in tf 15..
Thats really risky move and the price is getting back in the triangle.. hurm..
Bdw, do u think tf below 30 is a lil bit noisy???Ignored
DislikedWell Sorry for the little late response ..I was bit busy today throughout the day ... I Just saw... well see the screenshot...
Nopp!!! well read my previous post about this fact carefully... I said if the the TL Broke the candle than valid and strong situation with solid impact must be like...
1).... If a i-e Upper line of a valid TL Breaks than the TL Must break's it from the middle of the candle and the breaking candle must be bullish and specially TL which you draw's by ur hand must be valid... (Not from De-Mark Indicator coz i have no experience of this indicator)........
2)... If the candle which break's the TL and then wait till the next candle like me ...examine the situation TL Must not be on candles wick coz sometimes it happened that candle breaks the TL and then retraces back and it's wick remain's on TL...Noppp it's not valid...( My experience)....Ignored
DislikedIgnored
DislikedWOOW This Pair is breaking some good resistance level's and frankly speaking I was expecting it to drop but technically speaking see the screenshot... +45-Pip's Max. Breakup Move is there in 4-Hour chart...Ignored
DislikedWOOW This Pair is breaking some good resistance level's and frankly speaking I was expecting it to drop but technically speaking see the screenshot... +45-Pip's Max. Breakup Move is there in 4-Hour chart...Ignored