If you fail to plan, you plan to fail.
Another new student 6 replies
Forex Without a Job (College/Uni Student) 35 replies
GusForex - College student on a mission 2 replies
student needs answers to some questions 5 replies
My Dealer Handbook 0 replies
DislikedThe signal is “sell at top”. It is called hangman because traders that haven’t seen it will be hanged that is caught to the violent reversal of the market. Signal is sell at top.Ignored
DislikedMr Pip - in my experience when a Hanging man occurs at the end of a long up trend, the following candle is normally bearish (in this case the hanging man closed as bearish divergent so it's moot). But generally signals an end to the trend. I would wait for the closure of the next candle to confirm and come in at the low of that candle (if it also closes bearish).Ignored
DislikedThank you I have to go through your candle stick patterns I'm finding them to be useful when you look at the right place. Couldn't help and I'm sorry I broke your request but just wanted to show you this beautiful reversal and entry. Up 26 pips stop @ BE. Ok no more charts from me as I do not want to confuse anyone just goes to further validate the power of ratios and fibs which is a part of your style. Caught the top within 3 pips.
Cheers,
Mr. PipIgnored
DislikedNo worries - I am in on the same reverse. Although I meant to cancel the sell stop, I am triggered in, now hopefully that was enough of a push away that is is sustained! Hoping for a 50 cross on the RSI on the 1H and can ride a few pips along the way!Ignored
DislikedThe 5M can do that to you LOL. Small pullback so far my bias is it will hold. Price needs to stay below 1.2983 which is the expectation 38.2% Fib or even the 1.2989 50% Fib on such a powerful rejection.Ignored
DislikedPerfect - I just finished drawing a fibo on the 5M and it is on the 38.2 now. Hoping the same thing, as this was an unusual entry for meIgnored
DislikedThis will help explain Divergence. Well written short and to the point.Ignored