DislikedHow much farther down the hill will the bear go in your view. The markets never go up or down forever, so what is your forcast for when your sleeping bull will wake up?Ignored
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DislikedHow much farther down the hill will the bear go in your view. The markets never go up or down forever, so what is your forcast for when your sleeping bull will wake up?Ignored
Dislikedyup, funny and weird isn't it?
actually it's not 70 stoch, it's the highest value of stochastic above 70 that I use for point 0
if it's aiming north than it's the lowest value of stochastic bellow level 30 that I use for point 0Ignored
DislikedDid you make up this system yourself?
I tend to take the low or high and then wait for a correction and see if that lines up with the 23.6 or 38.2 and then take it from there.Ignored
DislikedInteresting - you obviously have bagged many a pips to continue using it. Thanks for the education and sharing.Ignored
DislikedFunny, weird and above all, such an interesting approach.
Thank you very much indeed for the new fibstool that goes straight into my toolbox
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Dislikedyup, funny and weird isn't it?
actually it's not 70 stoch, it's the highest value of stochastic above 70 that I use for point 0
if it's aiming north than it's the lowest value of stochastic bellow level 30 that I use for point 0Ignored
DislikedFunny, weird and above all, such an interesting approach.
Thank you very much indeed for the new fibstool that goes straight into my toolbox
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Dislikedsomeone taught me the basic system similar to "red trader" stochastic system, but I developed it to get the targets,
the corrections for my system usually are 50% to 70% opposite targets of the two lower TFs, so for example when H1 is pointing down, wait for M15 and M30 achieved their 50 to 70% up targets and then sell
not really buddy, I tend to make mistakes by not patiently enough waiting for the correction and I sometimes don't pay attention to bigger time frames that often drag me to the wrong direction
you're welcome...Ignored
DislikedHmmm .... like your crystal ball.
It seem like need to put Stoch on a higher timeframe like H1/H4 rather than M15.
How do you Enter?
Near the 0% Fib OR After the 50% fib ?
Are you setting an initial Target as soon as you enter, or need to wait for Stoch to go through 50, then set the Target ??Ignored
DislikedI am not the sharpest tool in the box so I am a little slow at understanding things, but normally once I get them in my brain box they stay there.
So I wonder if I could please trouble you for a set of rules and some charts explaining how you trade your strategy. I really like learning new things and from what I understand so for is you establish 0 & 50 and from these levels if PA corrects further you have 23.6 & 38.2 TP targets to aim for, or if PA bounces off 50 you have 61.8 & 100 to aim for. Please correct me if I am wrong.Ignored
Dislikedit depends, most of the times I enter by the time it went through 50 and targets are visible and chase the target after a correction, but sometimes I go the opposite by the time targets of several TFs have been achieved, for example 1.0320 is a target for H4 and D1, so in my opinion it's safe to go long for a scalp especially because it's 100% target of H4.
sorry, English isn't my main language, so maybe I didn't get you question right, but let me try to explain anyway..
for example H1 has crossed 50 from above (going down), than have a...Ignored
DislikedThe Bear saw the Bull working in a big hole ..........
Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't fit anyway.Ignored
DislikedIf I could forecast how much further down the hill the Bear will go, I wouldn't be here. If you look at everybody's posts in our forum, you may get some clues. I know the bear is getting exhausted but cannot tell when he is going to give up.Ignored
DislikedSome people once questioned me why Columbus has anything to do with the Forex trading. Bad question at best. Based on my experience, those people did not have visions at all. Vision is the most important component in trading the Forex market.
Vision sets the right direction and the right direction brings the traders to the green pips. Some people always say following the trend. Without vision, how a trader see the trend, and more importantly, see the beginning and the end of a trend?Ignored
DislikedThe Bull wouldn't build a trap for himself. He is as smart as he can be.Ignored
DislikedMaybe the bull, he forget stair, because in your cartoon has not stair.Ignored
DislikedMaybe the bull, he forget stair, because in your cartoon has not stair.Ignored
DislikedI did not lose my vision. My vision is for the bigger TFs directions. You were asking a timing issue not a vision.Ignored
DislikedI did not lose my vision. My vision is for the bigger TFs directions. You were asking a timing issue not a vision.Ignored
DislikedI am not the sharpest tool in the box so I am a little slow at understanding things, but normally once I get them in my brain box they stay there.
So I wonder if I could please trouble you for a set of rules and some charts explaining how you trade your strategy. I really like learning new things and from what I understand so for is you establish 0 & 50 and from these levels if PA corrects further you have 23.6 & 38.2 TP targets to aim for, or if PA bounces off 50 you have 61.8 & 100 to aim for. Please correct me if I am wrong.Ignored