DislikedHere is my chart. Why does it look very different from yours. I use Alpari.
ThanksIgnored
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DislikedHere is my chart. Why does it look very different from yours. I use Alpari.
ThanksIgnored
DislikedThe funny thing is my chart looked same as yours but on Alpari demo. The broker prices on demo and live showed different results. This could hamper how we trade.Ignored
DislikedHi,
I think you should attach a chart to your comments, so we can better analyze what you say.
In my chart, GU Day, the Slope is 0.3 and pink. In H4 the Slope is -0.13. Are you sure you're talking about GBPUSD?
ThanksIgnored
DislikedHi,
Forget about how the charts look, I can figure it out later on. The important thing is for me to understand teh syste. Pls respond to my earlier request below:
Hi all esp NanningBob,
So to know if I understood the strategy, please confirm the following:
1) GU on daily is showing UT (slope green and above 0.4) so one more leg up before anything else. Monthly pivot sits at 1.6113.
So I should go to H4 (I do not trade daily charts) and look for slope green and above 0.4 to trade. Also, look at close to be above MA and / or weekly pivot....Ignored
DislikedHi,
Forget about how the charts look, I can figure it out later on. The important thing is for me to understand teh syste. Pls respond to my earlier request below:
Hi all esp NanningBob,
So to know if I understood the strategy, please confirm the following:
1) GU on daily is showing UT (slope green and above 0.4) so one more leg up before anything else. Monthly pivot sits at 1.6113.
So I should go to H4 (I do not trade daily charts) and look for slope green and above 0.4 to trade. Also, look at close to be above MA and / or weekly pivot....Ignored
DislikedMorning comments. Well it is morning here in China.
OK I have to go to work. My daughter graduated with a 4.0 average and got to wear all sorts of neat extras on her graduation gown. For her final two years of college she gets an almost free ride with scholarships and grants. I am very proud of Daddy's girl.Ignored
DislikedMorning comments. Well it is morning here in China.
Almost every currency pair is showing range mode right now. Look for price action to do the 3 main reversal patterns. Look for double tops; 1,2,3 swing trades; and head and shoulder moves on just about every pair. After you see these you will then go into a range period or reversal. I can do this with just about every pair on the board.
My plays for today is aud and nzd sells which I think may already have happened. They will go to support line or come up short and complete pattern 2 or...Ignored
Disliked4.0 average! Congrats again to your daughter's achievement. Like father like daughter.Ignored
DislikedAlso check you've got enough history for the pair(s) you are looking at. (Disable chart shift , press and hold Home key.)Ignored
DislikedI wasnt a 4.0 guy, only got straight A one time in high school. Other than that I would rather play football, baseball, wrestling, etc. My wife used to get mad at me at college. I would study for 4-6 hours for a test and get a 90 and she would study 20-25 and get a 98. I told her I would rather play ball with my extra 16 hours. She would get mad.Ignored
DislikedThanks SWG123 for the advice - worked a treat. Stupid tho', I've read about that before. Must have been having a "senior moment"
GrahamIgnored
DislikedThe GU on the 4H chart is ranging with a bias to the down side. You can look at the highlighted areas to see this.
1. Price is staying below weekly pivot
2. Slope is staying below its zero line and showing red colored bars which shows DT bias.
3. The 2x1 weekly open shows it is moving from UT to DT
4. The weekly 1.0 has stayed above its weekly open but price has stayed below the pivot line. This is a classic range view of a currency with a downward bias.
My feelings are you could be seeing GU moving to a DT or DT bias range. Because of this...Ignored
DislikedThe way I get around this issue is to load the 10.2 indis and templates on a demo IBFX account. I installed the free MT4i Personal Trade Copier - Sender EA on this platform. I then open another MT4 platform with my brokers account (+3 GMT) on it and load the MT4i Personal Trade Copier - Receiver EA on that and wallah! all trades entered on the IBFX account are copied near instantly to the other MT4 platform that has my brokers account on it. I run this setup on my VPS and it works fine.
Get the copier here: http://www.mt4i.com/appstore/app.aspx?id=2...Ignored
DislikedThanks. Why are your up candles Maroon and down candles Navy? Should'nt this be other way round? Any particular reason which we do not know?
So for now I will keep it simple.
1) Open daily chart for a pair and see if UT or DT or Range with Up Bias or Down Bias. Slope and Weekly Open 2x1 shows me this. Right?
2) goto H4 and trade in direction of the Daily.
3) Look at Pivot break or S1 or R1 tests
4) close is above or below MA.
Right?Ignored