thanks guys, will learn my lesson eventually, and thanks for helping me out and teaching me properly. I am on demo now for a few weeks...
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Dislikedthanks guys, will learn my lesson eventually, and thanks for helping me out and teaching me properly. I am on demo now for a few weeks...Ignored
Disliked{quote} Not sure if you are talking long or short here........... For long I see bbs , slight adx - Expansion, RSIoma over 50 going long. THEN,,,,,,,,,,,,, For short, I see stochastics all topping out and fanning downward, with ADX expansion, RSIoma crossing the 50 line downward, Then the Green sto goes long for trend direction and ADX is mixed.......... {image}Ignored
DislikedDog the Bounty Hunter says that the Bible says "patience is a virtue". I expected Gold to retrace this morning and eventually continue back downward. Eventually, all the signals lined up on the 5M and we got this killer entry. The 1H had crossed down past 50 with the RSIoma dropping from the sky. The 15M continued to stay flat throughout this morning and still had ADX power to it. We go down to the 5M to find ourselves an entry. {image} As you can see, we had a DS forming on the RSIoma. There was a nice little BBS with the ADX holding momentum....Ignored
DislikedI want to thank you alien all for what you've taught us.I took a picture so you can see that because of you I have become a better trader.I know that I have a lot more to learn.Anyway, big thanks to you that you've led me to a new level. {image}Ignored
DislikedGood Day! Strange finding, UJ D and H4 charts. They are both flat, but looks like DS is forming but in opposite directions.I think we should avoid this pair for now, what you think? {image}
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Disliked{quote} Why avoid this pair ? In any case, one of the 2 situations will break the BBs and then gives you the right direction to go ... if others indicators also give you the momentum.Ignored
Disliked{quote} Thanks for your comment. I have lack of practice. Do not you think like the higher TF has more power, I mean on H4 movement can be correction, before major move on D?Ignored
Disliked{quote} Thanks for your comment. I have lack of practice. Do not you think like the higher TF has more power, I mean on H4 movement can be correction, before major move on D?Ignored
Disliked{quote} ...look at the H4 for now and once the DS crosses the DS signal line, drop to H1 to look for ADX expansion...Ignored
Disliked{quote} What do you mean by "once the DS crosses the DS signal line" You mean once DS crosses 20 from below? So we expect a rally up on H1? {image}Ignored
Disliked{quote} your green stoch, black stoch, rsioma and DS all have a thinner or dotted line. this is a moving average of the indicator itself and is called the signal line. when the DS crosses the signal line it means the DS has reversed direction = price started moving in the direction of the 'slingshot trade'. this is the moment ADX strength should be building on the lower TF.Ignored