DislikedGM mate,
sorry, but i have to laugh, because does happend to me plenty times..
Hope you had a good trading day with full bag of PipsIgnored
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DislikedGM mate,
sorry, but i have to laugh, because does happend to me plenty times..
Hope you had a good trading day with full bag of PipsIgnored
DislikedHi Lilmo,
I was wondering would you put a sell order on 50ema(Aqua line) in M15.
If not why?
Thanks
MikeIgnored
DislikedHi Lilmo,
Hope everything is fine.Is this chart match with this post in Aus?
http://www.forexfactory.com/showpost...stcount=147499
Thanks
MikeIgnored
Dislikedbro, on MACD you have to draw the trendline from highs, u can't draw from high to low
look for the previous high on MACD, it wasn't very far from the 0 line on MACD.. then draw that line to our current high.Ignored
Dislikedrule #3: when price approaches 50ema, watch for a hidden divergence. if a hidden divergence is present, price tends to bounce again and go back to it's major direction. a stronger signal is when CCI bounces from the -100/0/100 lines. if however, price makes it through 50ema, watch for the closest and most reliable S/R-fibo level. this pattern is valid unless the divergence is broken.
example: take a look at that chart. the bearish HD was visible on MACD, coupled with a bounce from the 100 line. STRONG short signal, signaling...
Ignored
DislikedLilmoe,
Do you find your strategy to work in all sessions, or is it more profitable during certain ones?Ignored
Dislikedhi lilmoe,
I'm new here and to forex so would appreciate for any comments that you have for me. Like that way you made it easier to for people like me to understand your system.
my question is: on your chart i can't see the HD on the MACD. The 3 lines drawn on your CCI and MACD indicator are just to show the CD on your Rule 2. how did you know PA was gonna rebound from the 50EMA apart from the bounce from 100 from your CCI30?Ignored