hey dee, see attached. same goes for longs of course. It is very important that the low of the last move higher gets taken out, before the pullback. a trendline break without taking out the last low will put the odds against a short. to be specific ...

can someone tell me what period and what kind of moving averages those two on this chart are? thank you

Hello everyone, is there a list of important posts or clarifications about this thread somewhere? unfortunately nothing like that is in the first post and the thread is quite lenghthy. for example what does 2B mean, or 123 in the context of this ...

let me try and add some "real", hard facts value. about 2 years ago i did a bit of coding and tested almost exactly what your are referrring to jakucha, these sharp reversals (among other things). i identified 10 basic chart structures, derived from ...

that short is what i was referring to in my post, short from the red line 9910 on the restest from below after the source of the last HH was taken. thanks very much for the help. also, meanwhile cable went to the moon. what a day

thanks, i get it now. was just abou to post this one, when i saw your post. did not trade it, my internet was down for the past 15 minutes :X price broke down, then retest of the marked level there and push down again. what i was talking about ...

one final question: see attached. do you look only for the sharp reversals (like you showed, HH into LL) or also for the less dramatic ones, like in my example, i.e. LH into LL? depends? or do you only trade the sharp ones?

yeah, i thought so. ok. i personally just look for likely levels within the buy zone for price to react at. or wait for momentum to turn and jump in then. ideally both, meaning price hits a level (can get in a first aggressive position), then when ...

well, it worked yday, i just let it run with some stepwise stop adjustment. actually it should be the easiest in a "fast moving situation", without much zigzags price just runs. and especially on dax you can really just stepwise adjust the stop loss ...

yay one thing to clarify though: would you consider the "buy zone" in this case like you marked it on your chart (just the small prior swing) or like it did on mine (down to the low)? cheers.

cable. was waiting for the setup all day yday, finally got to pull the trigger today. htf hidden bullish div into regular div, regular div on ltf too. stabbed down into marked levels late yday and rejected them, then held above marked 80 level this ...

you mean something like this?

same entry again here and exit too this time (unfortunately)

that makes more sense now. thanks for clarifying

nice to see someone took the exact same trade that's awesome.

and one for the gallery. nice hidden div on the 10 pip, time of day was perfect for the start of a session move, waited for price to turn, macd rolling over on the 10 pip, 5 pip macd coiling higher while the DB formed, breakout and pullback to top ...

could you clarify on a chart? the way i understand it you mean an uptrend (higher highs, higher lows), then a break of structure to the downside (lower low) and then take out the upside again (last higher high taken. i think i dont understand that ...

cable. htf (10 pip renko) div into ltf (5 pip renko) triangle BPC at PDH with momentum all the way down

back to DAX. after a trade earlier this morning that went up 45 ticks and stopped BE (dsajfdklnafklvmsanvcjapovkjpadpvkamv ) i finally got back in. strong move higher earlier this morning, bias the upside. nice triangle forming on m5, poised to ...

cable this time. been in consolidation this morning with bearish bias, meaning fade an upside breakout. upside breakout likely to hit the 50 level/fib confluence. news gave the necessary whipsaw. waited for renko bar to form the diverged DT and ...