DislikedIt is the most ideal case for me if the price hit the triangle lower TL and play it out as #19.10 with SL of 20pips instead of #19.9 on later time.
My target as indicated in chart is 140.55Ignored
Thanks again
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DislikedIt is the most ideal case for me if the price hit the triangle lower TL and play it out as #19.10 with SL of 20pips instead of #19.9 on later time.
My target as indicated in chart is 140.55Ignored
DislikedPossible 19.6 on the works for both fiber and cable.
I see gaps to be filled on both that could provide an entry @ TL touch.
Also looking at USDx.Ignored
DislikedHey JP.
#20.6 on GU small TFs with full ADR. Possible entry point to go to fill these gaps. What do you think?Ignored
DislikedMr C, i always like to see yr setups in your journal. But it seems like you're following JP and belekas into smaller smaller TF like 5mins, not that it is wrong but just hope it is little part of your arsenal.Ignored
DislikedHey JP. A respect to you for your logical chart viewing man.
#20.6 on GU small TFs with full ADR. Possible entry point to go to fill these gaps. What do you think?Ignored
DislikedHello,
Can you give the indicator, which paint the bars?
If not hard, plz tell me what the logic of the indicator?
Thank you !Ignored
Disliked
What you pointed out about the set-up being a nearly perfect 18.4 is what I was referring to in the edit about the trade not triggering. Not sure if there was another way to enter this, but from my understanding the master likes to place his stops on the opposite side of the intraday range or below another key technical level.Ignored
QuoteDislikedThanks Niteshift. I'll have to review the high volatility conditions like Sept 08 - March 09 roughly to gauge the better entry approach. ADR entry might make sense.
QuoteDislikedThe other thing I'm trying to understand is the div targets that's been mentioned a few times in the thread. In some of the posts it seemed to change to me.
QuoteDislikedCan someone kindly point out in this example of USD/CHF 4hr if the div target is at the blue arrow or the red arrow (I think it's the blue)?
QuoteDislikedAnd to clarify so I have it correct, when checking for these targets, it is usually the high/low extreme right before the divergence signal?
DislikedI'm still learning about this myself, here is a basic example of how I understand it works:
Price trend is bullish.
Trend line between the MACD crossovers is bearish.
Future minimum price target is located at lowest price between the MACD crossovers, in this case price area circled on the chart.
So at some point in the future, price will return to the level circled. However, it is mentioned that other issues can occur which may delay this return. It's also important to note that if the MACD lines cross the 'waterlevel', then the div becomes...Ignored