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- OmegaFire replied May 25, 2020
Alhalawi, When you recommended that trade, the Trendstrenght was flat and not below 35. I would not have recommended taking that trade because i would only be SPECULATING on where the direction would go next, which could be either ways. Now look at ...
- OmegaFire replied May 21, 2020
See my post just before your own (scroll one post upwards above your own pls) Meanwhile see chart showing current situation: Good time to jump in on break of Daily R1. Going to R2 or use AutoFibo to get comfortable TP
- OmegaFire replied May 21, 2020
Unfortunately, starting another thread would be the real definition of SPAMMING because I have added nothing to the indicator and strategies provided by Alhawali and TuxTrader, and I can't copyright what I didn't own or contribute to creating. We ...
- OmegaFire replied May 21, 2020
Hello Alhalawi, Just like I disagreed with you initially on your trade suggestions and I gave my analysis and reasons, you can see that I'm being proved right - NZDUSD & NZDJPY is currently LONG and the TrendStrenght is increasing. So it is not ...
- OmegaFire replied May 21, 2020
BUY EURUSD TP 1 & 2 & 3 Hit - going to TP 4 BUY EURJPY TP1 hit - Going to TP 2 Note: Composite Trendstrenght is very important in determining direction
- OmegaFire replied May 21, 2020
Why would you sell EJ???? Can you give your analysis? 1H candle did not close below 21EMA and Trendstrenght value still strongly UP @73 Still holding Buy EJ NB: Trend direction fluctuating due to News Releases
- OmegaFire replied May 21, 2020
BUY EURUSD, TP 1 & 2 Hit - UP TrendStrenght Value Strong @65 - 68 BUY EURJPY, TP 1 hit - UP TrendStrenght Value Strong @75 - 78
- OmegaFire replied May 21, 2020
BUY EURUSD, EURJPY EU never really touched RESISTANCE (zoomed to confirm) and StrendStrenght turning from Consolidation to UPTrend (Daily Pivot Broken above). 1H Candle closed above 21EMA Update: Market Ranging on News and taking out SL. Let's Wait, ...
- OmegaFire replied May 20, 2020
Of course, I'm trading the system... 1. EURUSD & AUDUSD reversed and closed above 21EMA while NZDCAD has always stayed above 21 EMA (remember I earlier recommended trading the pair in an earlier post) 2. All the 3 pairs Left bottom support since ...
- OmegaFire replied May 20, 2020
NZDCAD hit TP1 Get ready to BUY (in order of preference) NZDUSD, UP TrendStrenght showing 79% NZDCAD, UP TrendStrenght showing 77% EURUSD, UP TrendStrenght showing 82% AUDUSD, UP TrendStrenght showing 79% I choose them over NZDJPY, EURJPY, EURGBP, ...
- OmegaFire replied May 20, 2020
The Only valid trade I can see that meets the criteria and with sufficient TrendStrenght to continue is BUY NZDCAD I choose it because with UP Trendstrenght of 73.2, it is stronger and more likely to go up than NZDUSD (72.5) and ...
- OmegaFire replied May 20, 2020
This is excatly the point I'm trying to make. All Condition SEEMED to be met, but if you switched off your Weekly and Monthly on the TrendStrenght Indicator, you wouldnt take that trade because whilst your chat was showing CONSOLIDATION, mine is ...
- OmegaFire replied May 19, 2020
Doing this effectively filtered out most of the trade setups leaving the following as the only trades that meet our criteria are viz:- BUY GBPCAD BUY NZDCAD, GBPUSD do not fully meet criteria (RSI 14 & EMA have already left bottom of support), but ...
- OmegaFire replied May 19, 2020
Hello Guys, I took the EURUSD, AUDUSD and EURJPY trades and I noticed they all reversed even when the Trend Strenght Indicator was showing that trend is consolidating. I also remembered the comment of Alhawali on why I loaded up on the BUY GBPAUD ...
- OmegaFire replied May 19, 2020
Went through the charts, The following setups are ready or almost ready, SELL AUDUSD NZDUSD USDJPY BUY GBPAUD USDCAD Trade carefully. You don't have to trade all the currencies. Just take your best setup and watch the chart closely Already making ...
- OmegaFire replied May 19, 2020
While we are still taking comments on this I've just opened following trade SELL EURGBP SELL EURNZD SELL EURAUD TrendStrenght indicator shows that Uptrend move is waning. Maybe its finally time for a reversal. ...
- OmegaFire replied May 19, 2020
Hello Alhawali, Ive downloaded and attached the TrendStrenght Indi to my chart. Pls how do you use it to filter out potentially unproductive trades, especially since our system is based on reversal of trends. See Image of GBPCAD trade below as an ...
- OmegaFire replied May 19, 2020
I was only watching the pairs because reversal was imminent but only GBPAUD & GBPCAD followed rules so far and BUY trade has been taken on those pairs Experiencing a little drawdown at the moment though and hoping it doesnt hit SL (not easy trading ...
- OmegaFire replied May 19, 2020
Waiting to BUY GBPAUD Bought GBPCAD
- OmegaFire replied May 18, 2020
Close it and wait a little longer for confirmation. Check this NZDUSD RSI (14) on H1 and compare with the one on indicator. I decided to use a separate clean chart to view it bcos the one on the indicator is seriously lagging. I'm waiting to follow ...