karmo, in the other thread you mentioned 4h gann as support, 1h as resistence .. is this a general rule when price is above 4h and below the 1h?
Do other factors play into this?
Do other factors play into this?
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Dislikedkarmo, in the other thread you mentioned 4h gann as support, 1h as resistence .. is this a general rule when price is above 4h and below the 1h?
Do other factors play into this?Ignored
Dislikedif this hourly candle closes above 145.30 and 1h QQE crosses up, I'm going to try a long once it retraces to 5sma
Bulls not giving up yet.., this time it might touch 4h 50ema coz it's right there with the UTL of my 4h bear flag.Ignored
DislikedIts getting pretty close to the top of the 4 hr bear flag Karm. Also the 4 hr 50 and we have a new bear bat (not sure thats what it is called) on the 1 hr. Seems it should retrace a decent amount first.Ignored
DislikedI will let it go until there is an hourly close above the 4 hr 50ema.Ignored
DislikedI know but I'm getting tired of waiting lol
146.50 is tough resistance and the 4h 50ema is definitely getting closer, bears should win this battle IMO.
I'll take some more patience pills.Ignored
DislikedHey abasiakara, I know what you are going through .. that was my problem for months! Now I am finally figuring out one of the most important lessons: when NOT to trade. And now is that time .. unless you are a confident scalper and/or have some extra play money to play with.
The trick to finding the high probability trades is to WAIT for them to set up properly & do nothing until that happens.
You can take as many of karmo's patience pills as you like while waiting ...
I suggest the candy-flavored ones, keep a bowl by the computerIgnored
DislikedCongrats on page #100, Karmo! Only 9153 to go to catch up with auslanco threadIgnored
DislikedHi Karmo,
Is 142.60 M15 Gann or there is something else to put sell stop order there?
http://www.forexfactory.com/showpost...stcount=139301
Thanks
MikeIgnored
DislikedMost of the people there are trading on 1m/5m chart and they're looking for the intraday moves.
Price is still below 4h gann hilo and price tested the broken 4h flag twice now at 142.50
My bias is still down.Ignored