Keep up the good work with your journal. Feels good to see charts that make sense.
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DislikedThere was an early buy at .4184 with stops below daily low. One more suggestion, put MACD on your charts and watch for potential div's.
Keep up the good work with your journal. Feels good to see charts that make sense.Ignored
DislikedThanks. You're welcome belekas.
I was trying to stick to price only just now - but may be worth a look at MACD. Do you use it for price-targets only?
Also, how do you make .4184 a buy?Ignored
DislikedMACD is just a nice tool tool to have. I use it for "minimum must reach" targets and possible directions. It works so precise if you know how to read it. Igrok has everything covered in his cave and I believe you should already know how to use this tool in real time battle.
EURUSD based on market symmetry. I think you missed a very important, nearly deadly ingredient in our trading methodology. Remember Igrok's phrase: every high and low has a technical meaning in the market sooner or later. Right now this buy was based on inverted head and shoulders...Ignored
DislikedAnother example of how the market works. What a sweet setup it was:Ignored
DislikedYeah, was aware of using div. as targets (I thought by your comment on E/U you may have been implying div. as a reason to enter this trade - obviously not).
I recall symmetry. But I thought Igrok pretty much didn't believe in H&S.
I have to admit to only reading the thread 1.5 times. But am working through it again - there is a lot in there.
MagnusIgnored
DislikedI see exactly what you mean belekas.
I remember seeing these kinds of trades in your thread.
Don't think I put the study into these as much as I should.
MagnusIgnored
DislikedKnow you know where to look for guidance. Take your time to study and practise then unlock the riches beyond your wildest imaginationIgnored
DislikedBEYOND my wildest dreams?... My dreams are pretty out there as it is...Ignored