Hi;
Thanks for the great info. Can you just show some fib levels, on 4hr charts
zee
Thanks for the great info. Can you just show some fib levels, on 4hr charts
zee
ZHK
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Disliked1. the post do show the swing pt. check very cafully in the left side of each swing low, u will find a little red dot indicate a swing.
2. the two dotting line at the last swing high and low are the most recent trendline.
3. the tom demark trendline indicator seems only catch the swing with one candle higher on each side.
4. you can zoom in the pic after you open it. it will help to find the dot.Ignored
Dislikedok, here comes the example.
in eurusd, there is a small setup that bring some pips into acct. the number on the pic, indicate swing low. i didnt draw all the swing low out, because once i see sk form, or the 38.2 hold the price, i will reconize the lowest pt to start with. b/c there will be no meaning to keep drawing down for price not even touch it.
in usdjpy, it isnt fit the setup rule. b/c at the 4h orvesold pt, h macd still in uptrend side. i will skip this one and keep going to find the better setup.
more prefer setup is when 4h sto oversold/overbought close to 100 or pass over 100 line. please keep in mind.
otherwise, either sk hold price, otherwise, please trade very carefully with the setup that 4h sto didnt oversold/bought to 100 line.
p.s. eurusd setup form in 5am pst, i was in sleep. but the pt i want to show is you will not get every single setup to trade instead scanning through all 19 pairs (my broker provide) to find the setup when the time in your convenience.Ignored
Dislikedok, here comes the example.
in eurusd, there is a small setup that bring some pips into acct. the number on the pic, indicate swing low. i didnt draw all the swing low out, because once i see sk form, or the 38.2 hold the price, i will reconize the lowest pt to start with. b/c there will be no meaning to keep drawing down for price not even touch it.
in usdjpy, it isnt fit the setup rule. b/c at the 4h orvesold pt, h macd still in uptrend side. i will skip this one and keep going to find the better setup.
more prefer setup is when 4h sto oversold/overbought close to 100 or pass over 100 line. please keep in mind.
otherwise, either sk hold price, otherwise, please trade very carefully with the setup that 4h sto didnt oversold/bought to 100 line.
p.s. eurusd setup form in 5am pst, i was in sleep. but the pt i want to show is you will not get every single setup to trade instead scanning through all 19 pairs (my broker provide) to find the setup when the time in your convenience.Ignored
DislikedHi Johntsai;
Thanks for your explaination; I am still not clear on a long setup,could you
please show me a present pair which has a long setup, and show how the Sto & macd work, would appreciate it
Thanks again
ZeeIgnored
DislikedPosition Open
NZDUSD
8002 / 7896 / 8123
101 : 126 = 1 : 1.25
7% riskIgnored
DislikedYour fib looks like it between the 61.8 and 38.2. It fell below the SK.
What justified the trade?Ignored
DislikedPosition Call
Three Pairs have setup.
risk 374 profit 422
ratio 1:1.13
26% risk from my live acct balance.Ignored