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- Dovilo replied Mar 17, 2016
No problem. It's true that there is a lot os space between H1 trigger and M15 trigger but that means I should look at more TFs than just two (H1 main with H4 as a filter for example). Thanks for the insight. Well, lets say my main TF will be H1. I ...
- Dovilo replied Mar 17, 2016
I'm still not sure. I mean, it's true that D1 is completely out of position for a short trade (RAC scrubs the zero level) so I definitely shouldn't take a trade on a H4 timeframe. But what about H1/H4 pair? Selling on H1 with eyeballing H4 looked ...
- Dovilo replied Mar 17, 2016
So, we need a confirmation from a higher time frame. If I used H1, I should have a confirmation on H4, if my primary TF is a H4, I need a confirmation on D1. Wasn't H1 chart supported by H4 chart in my example? Both were closing under the HAC ...
- Dovilo replied Mar 17, 2016
And what went wrong on GBPUSD? On H4 price went below HAC and RAC crossed its MA, on H1 same and only 5 bars earlier. image image
- Dovilo replied Mar 17, 2016
Hi Almuten, what do you think about NZDJPY? On H4 RAC went through its MA and price closed above HAC. On H1 it happend 9 bars ago. R/R on H1 is pretty low, about 1:1 tho. image image
- Dovilo replied Oct 4, 2015
Long term trendlines are like one of few things that actually works...
- Dovilo replied Sep 14, 2015
Wheat looks nice, positions near extreme which suggest we are on the bottom and price is on support, clear signals we will have some near-future uptrend.
- Dovilo replied Sep 11, 2015
With 1000% of profit per day, if you make your profits work for you next day and with $10 of starting capital, you would be richer than Gates in 11 days, in a month you would be richer than rest of the people on Earth combined.
- Dovilo replied Sep 3, 2015
From my perspective: image
- Dovilo replied Jul 23, 2015
I can add a couple of reasons why stock market is easier like no swap (positive too but there are dividends on some stocks), actually working volume and cleaner charts.
- Dovilo replied Jul 22, 2015
Looking at the pinbar on major resistance, we are still in downtrend gentelmens. Pack your lots and be ready for 3rd leg into ~1.0864 and inreased volatility in half an hour (RBNZ).
- Dovilo replied Jul 22, 2015
EU hit major resistance at 1.0925. If it's broken we are back in uptrend. It's also 61.8 retrace.
- Dovilo replied Jul 22, 2015
I hate price action like there is now on EU. Price slowly but steady going in one direction with awfully small range. Disgusting.
- Dovilo replied Jul 22, 2015
Me too but for now nothing changed. Price retraced to 38.2 Fibo and should go down from here. If it will not I will be utterly confused. EG looks similar.
- Dovilo replied Jul 22, 2015
There is a second news in 15 minutes. After that we will know direction. Current news was green but revised previous read was red so it's kinda neutral.
- Dovilo replied Jul 22, 2015
Right click ->Save as image (I think?)
- Dovilo replied Jul 22, 2015
Guys, you can look on EG and AU also. Looking smiliar.
- Dovilo replied Jul 22, 2015
I'm looking on 1.0925 for retest and 38.2 Fibo to load more shorts actually.
- Dovilo replied Jul 22, 2015
No, no one is ever 100% sure where price will go next but I was much more prepared for short than for long. I would be catch in wrong direction if yestarday's flag formation would realize.
- Dovilo replied Jul 22, 2015
Triple top near/on trendline and 38.2 Fibbo is not really in the blink of an eye