nope - don't get it
will go and study this - sorry to bother you
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
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DislikedBut only few times. Thanks for the feedback.
This type of TL made me 140 pips last Friday. Have a look at 4H!Ignored
Disliked....... so it shall be written
...... so it shall be done
eh - what is divergence anyway ?Ignored
DislikedHi All,
I noticed a trend line that has been holding for 18 times on the daily chart. Any comments? ThanksIgnored
Dislikednope - don't get it
will go and study this - sorry to bother youIgnored
Dislikedi got a high Friday at about 3715.. i target 3719.5. when so close to target we usually come back to it. so with the usual slip 3736.7. but 3733 is another 2008 fib that could cap it. as said all points north atm..
.Ignored
DislikedIt takes time to understand this...(Divergence)
Observe and practise on Demo...It is one of the most powerful thing in trading.
I myself dont like to try other peoples strategy and stick to what works for me..
But only this indi thing I offered is a NO Brainer.. some may benefit from it..this keeps me out of guess work at least for scalping..Ignored
DislikedIn simple words the E/U is all about 76.4% and 23.6%.... rebound or bouncing/ rejection levels are 50% and breakouts are 61.8% fibs.
if it breaks 76.4 or 23.6% by 10 pips it will go to 100% or 0%.
After that a new series or phase of Fib starts. E/U doesnot work on previous supports or resistence. So if you take a fib from the last low or high..you will never get the price to stop at the precise price lets say at 50% fib. it will be off by few pips every time.
In order to get the precise entry without loosing any pip or max DD of 10pips.....Ignored
Dislikedexactly... if you have an idea of the s/r level is ..use the 1 and 5m for entry.. if you get a 1m reversal candle. the odds are you dont have to rush to get in. because it more times then not, it will knock twice. sl can be just a few pips higher.. with min risk.. allowing a bigger trade since the risk is less.Ignored
DislikedHi Raza,
very valuable information. Wow, thank you. Will immediately work on it.
Regarding EW on 1min:
It is amazing. I oftentimes scalp on 1m TF. When I do that, I analyse often the 10, 20 or 30 sec chart for EW pattern. They are there also. Sometimes tricky to identify, but definitively there.
Again, many many thanks to you.
Best to you,
MarkusIgnored
Dislikedhttp://en.wikipedia.org/wiki/Divergence
didn't understand it myself, but you might have a better shot at it.Ignored