Dislikedhi..
gj is good setup. D1 downtrend.stoch cross, price touch 5 sma,just wait 4 bearish candle reversal.
tqIgnored
Doesn't the AB wave have too many candles? Wouldn't you rather use 4Hr to reduce the candles?
Just my 2 cents.
Spud's MTF FIB Breakout System 370 replies
Fib/trendlinebreak entry exit system 4 replies
LFB System - London Fib Breakout 45 replies
Target Yearly 30-40% - Fib-Ox System Journal! 17 replies
Resurrected Powerful Dazfx AMG wave 20 replies
Dislikedhi.. mazdaz, I really thanks to see price at 4hr time frame, its better than 1hr tf. n not to wide SL like D1 tf.n not to make false signal like 1hr. i think its suit me
tq.Ignored
QuoteDislikedHi!
Just to clarify, should the cross of stoch happen in 80+ and 20- area, or should it not?
Thank you.
DislikedAccording to the rule, the cross must not happen in the OB or OS area.... join us in the tradingroom and see how we trade liveIgnored
DislikedAccording to the rule, the cross must not happen in the OB or OS area.... join us in the tradingroom and see how we trade liveIgnored
QuoteDislikedAs I understand it, I believe that the cross should not happen in the OB for long trade and in the OS for sell trade. Just use the common sense, if it is already overbought, then there is no reason for people to buy it anymore, ( that is why they use the word overbought). So it is a good signal for sell. And as I understand it, if you have a short setup and if stoch cross in the OB region , it is good to go in. The reverse is for OS with long setup.
correct me if I am wrong
QuoteDislikedhi chowclown.. is setup ok ? do u think D1 4 EGP/GBp is Uptren ?
why make short trade ?
tq.
bud
Dislikedhi..
usd/jpy(downtrend) looking 4 short n eu/jpy(side ways) looking 4 short at 4hr tf. good r/r . waiting stoch cross
edit :
usd/chf cancel . price retrace to many candleIgnored