DislikedHi nomask
Don't you regard the green weekly candle crossing 1.2 level as set-up bar?Ignored
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DislikedHello Everyone,
Have been readin through the thread and wanted to know if this is valid. I think Nomask said it must touch around the fib level, but is this a good setup? any help would be great? Still working through thisIgnored
DislikedNomask - Correct me if I'm wrong. Do you hope to sail the first week of crossing a level of 1.35 .... 1.40 ... closed through the week you go to the h4 and expects the same condition, after you go to m5, and also hopes fibo moth disruption in m5, ai using price action, analysis of candles. That?
Big hugIgnored
DislikedSorry Nelton.
I'm not sure what you asked me but if I get a weekly candle with close above 1.4000 level, I'll be looking in 4hr timeframe to go long and after that I look for low risk long entries on 5 min.time frame..
There are some good examples you can find at the beginning of this thread.Ignored
DislikedHi, if the weekly candle close below 1.4000 level. We go short and hope that it reach 1.3000 level again ?Ignored
DislikedSorry Nelton.
I'm not sure what you asked me but if I get a weekly candle with close above 1.4000 level, I'll be looking in 4hr timeframe to go long and after that I look for low risk long entries on 5 min.time frame..
There are some good examples you can find at the beginning of this thread.Ignored
DislikedHi cwl0375
We must see how this week's candle forms after its completion. If it is engulfing one, yes we must consider it as -ve and consider as setup candle for a short target of 1.35 to 1.3. If it is just an inside bar then we must wait for some more time for confirmation. If it turns out to be +ve candle then we must consider it as setup candle for target of 1.45 to 1.5
Nomask, correct me if I am wrong.Ignored
DislikedSorry Nomask my inglish.
His answer was perfect. Much appreciated. ThanksIgnored
DislikedHi cwl0375,
for 5min entries you could read threads that focus on entry techniques, such as " Flag-Trading with trend " or Niceguy`s " Ridiculous 7 pips system ", or " How to trade 1-2-3 effectively " ( Paulus ).
However, you will notice a big difference to Nomask, as they focus on making gains only for a few pips on the 5min, hopefully catching the right trend direction. This can be fast moving, high-stress and quite difficult when practised on its own !
So, the whole intention behind Nomask`s 5min entries ( correct...Ignored