Hoping for the week to END this way, hindsight will be long for next week.
Horizontal Lines on Round/Major Numbers? 28 replies
execution time for major broker, major pairs 3 replies
Trading With Speed Resistance Lines 12 replies
Trading With Median Lines book 1 reply
DislikedHoping for the week to END this way, hindsight will be long for next week.Ignored
DislikedI know we should not have traded, but my eyeballs say something bullish. I took an early trade and it still running with about 130pips profit. It did no rtrace on the 4hr to hit my but limit order(I had to step out so I had to set an oreder) so lets see what happens the remainder of the day and next week take care guys and thanks sooo much for making my trading life easier NOMASK. Here is my chartIgnored
DislikedHi Nomask & people here,
I've just discovered this great thread tonight. I'm posting some charts just to see if I've understood the right concepts.
EURUSD should be Long.
We must watch for a rejection in the grey area on 4H TF to go long. Isn't it?
AUDUSD ( I took this pair to see if the system works in other pairs too) should be SHORT.
We must watch for bouncing down in the grey area in 4H TF....right?
Please, let me know if I'm wrong.
Thanks for the great job!!Ignored
DislikedHi Aztrader2,
You have the idea of the NOMASK correct but will let NOMASK answer your questions as he understands the system best.
EURUSD long seems to be OK for coming week, and if you add confluence at the 61.8 FIbs should be good support, see your 4-hr EURUSD chart.
AUDUSD, if i were you i would be wary on this pair....Ignored
DislikedI know we should not have traded, but my eyeballs say something bullish. I took an early trade and it still running with about 130pips profit. It did no rtrace on the 4hr to hit my but limit order(I had to step out so I had to set an oreder) so lets see what happens the remainder of the day and next week take care guys and thanks sooo much for making my trading life easier NOMASK. Here is my chartIgnored
DislikedHi,
I think this indicator is ideal for this model of trade. Draw horizontal levels at round numbers 1.40 1.50 and divide in half the amount of pips - 1000 500 250 125 62 and 31. You can chose how many splits you want, from 1 splits till 6.
You can also divide the chart starting from the same round numbers, from 10 to 10 pips for other types of trade. Can add many more things I thought when I read this thread.
I like this system cos is simpler. What is difficult is to respect the rules.Ignored
DislikedHi, Nomask. I’ve been lurking at FF for a while, reading lots of material. I started reading this thread last week. This looks like the method for me – easy to understand and execute, low risk on SL, and catching big moves on large TF. I’ve wanted to use the large TFs but haven’t figured out how without risking big SL. This method will give me confidence when I actually enter the trade....Ignored
DislikedI'm only six pages into this thread and I must say it is by far the most eye opening thread I've read on forexfactory to date.
Keep up the good work and thanks so much Nomask!
Edit: Just finished the thread. Going back to re-read. I wish there was more than 28 pages!Ignored
DislikedHi Nomask & people here,
I've just discovered this great thread tonight. I'm posting some charts just to see if I've understood the right concepts.
EURUSD should be Long.
We must watch for a rejection in the grey area on 4H TF to go long. Isn't it?
AUDUSD ( I took this pair to see if the system works in other pairs too) should be SHORT.
We must watch for bouncing down in the grey area in 4H TF....right?
Please, let me know if I'm wrong.
Thanks for the great job!!Ignored
DislikedHi Aztrader2,
You have the idea of the NOMASK correct but will let NOMASK answer your questions as he understands the system best.
EURUSD long seems to be OK for coming week, and if you add confluence at the 61.8 FIbs should be good support, see your 4-hr EURUSD chart.
AUDUSD, if i were you i would be wary on this pair....Ignored