offering my system to copy trade. check my thread
Forex Market Structure and Dealers 3 replies
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Market Structure Question 26 replies
Disliked{quote} Koop, that was a perfect entry in the "zone" 78.6 ~88.1 Here is another one on EJ of March 18. You may see, that both are harmonic formations. {image} {image}Ignored
Disliked{quote} Yes Snail, that's correct. I noticed the retracements usually turn around between the 78.6 and 88.1 fib levels. I don't trade harmonics but I know these are the turning points on some formations. May definitely be worth checking out.Ignored
Disliked{quote} Koop, me neither, there are so many of them, however, what they have in common I use. "78.6 ~ 88.1" is deep enough to validate turn. Today: GBPUSD - tap on London Open, entry at 88.1 EURGBP - after full Elliot wave cycle, entry at 88.1 - short, then at -11.9 long, till London Open {image} {image}Ignored
Dislikedhi, i will be gone for a week. had a fall with my dirtbike and hurt both my hands. kinda hard to write. koop and snail, both can be traded using market structure. sorry i cannot say more, i write with 2 fingers. hope u understand see u when i get better guys. trade safe {image} {image}Ignored
Disliked{quote} was just about to post here exactly that with comments etc. no need now, just the images. congrats mate, well done. excellent. the trade we took was 5m trend continuation. the long i took was 30m trnd continuation. logic is the same in both trades. {image} {image}Ignored
Dislikedsimple market structure, master it, get 2-5r a day from 1 or 2 trades and live happily ever afterIgnored
Disliked{quote} Correct. This structure shift was staring me right in the face once I opened the chart. One of those trades that started moving almost immediately. I missed a perfect 4R on EurCAd earlier in the day too. {quote} Exactly. I took a 1r loss before that trade but I'm still left with enough to cover it and keep some change. Missing trades too often these days though. Gotta fix that.Ignored
Disliked{quote} you can use push notifications on mt4-5 mobile. make a metaquotes account, go to your mobile, get a code, and enter it on the platform. you ll find it in youtube, its prety simple. then just put an alert on a low or high you want to be broken and once that happens put another allert on the place where you are interested to enter i wont lie, i only figured out today i could use that cause i also miss way too many trades cause of my normal jobIgnored
DislikedLooking to short GBPUSD soon. I won't be looking for too deep of a retracement on this one, but I'll wait for it if I don't get my signal soon. {image} ............. Edit - I'm in. Now at the mercy of the Market beast. Will move SL to B.E if price gets to marked previous low. {image} .............. Edit 2 - Price reached previous low. Moved SL to B.E. Only two options now. Get stopped out with no loss or price drops further to my 4R tp. PS. I'll take 3R if I price starts slowing and i lose patience. {image} .............. Edit 3 - currently at 2.5R....Ignored
DislikedHi Everyone in here I trade with the idea of market structure as well, HH HL, LL LH, but in higher timeframe. I understand that indicators is not quite welcome in here, but I wonder where any one knows such indicator. On MT4, I can draw a rectangle zone/region and when price comes into this area, it sends me a notification. If no single indicator can do it, probably a combo of them? i.e. i first draw the zone using normal rectangle drawing tool, then apply a separate indicator to detect it and alert when price comes. The idea is I trade higher timeframe,...Ignored