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Attachments: PVSRA (Price, Volume, S&R Analysis)
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PVSRA (Price, Volume, S&R Analysis)

Quoting mel3
{quote} Hello, Ata, my ATR in 15 m tf show now 12 pips, is ok?
I corrected my post where I explained you the formula. I can not pm you and I don't know why.

Anyway, if we say ATR VALUE = A

All formula are like this

-If you want very tight SL use (A / 2) * 3 ------> that would be 12 / 2 = 6, and 6 * 3 = 18
-If you want moderate SL use A * 2 ------------> that would be 12 * 2 = 24
-If you want very safe SL use A * 3 -------------> that would be 12 * 3 = 36

Best Regards
Be a seer, not a looker!
Quoting dna9179
{quote} So you do hedging with another account?
No dear friend. I hedge whenever necessary on any account I have. Watch my trade explorer and you can see I have a hedge that I use as Stop Loss

I have a buy stop at 1.12826 in case price goes wrong direction. But it is not active yet. If it gets triggered I will have hedge position.

Best Regards
Be a seer, not a looker!
Quoting Ata-Turkoglu
{quote} No dear friend. I hedge whenever necessary on any account I have. Watch my trade explorer and you can see I have a hedge that I use as Stop Loss I have a buy stop at 1.12826 in case price goes wrong direction. But it is not active yet. If it gets triggered I will have hedge position. Best Regards
Oh you mean the pending order of Long @ 1.12826, I thought you eventually going to Long it @ that price. I get what you mean, thank.

So what is your target price for the current short?

Thanks
Quoting Ata-Turkoglu
{quote} I corrected my post where I explained you the formula. I can not pm you and I don't know why. Anyway, if we say ATR VALUE = A All formula are like this -If you want very tight SL use (A / 2) * 3 ------> that would be 12 / 2 = 6, and 6 * 3 = 18 -If you want moderate SL use A * 2 ------------> that would be 12 * 2 = 24 -If you want very safe SL use A * 3 -------------> that would be 12 * 3 = 36 Best Regards

Ok ty, can you show me please the wedge in the 30m chart. I see only a triangle in 5m
Quoting mel3
{quote} Ok ty, can you show me please the wedge in the 30m chart. I see only a triangle in 5m
Please look post number 2779, you will see just above. The yellow lines show the wedge I am referring to. Yeah it is not a 100% wedge but also not a pennant. It's sort of ascending wedge or triangle. I hope that clarifies.

Best Regards
Be a seer, not a looker!
Quoting Ata-Turkoglu
{quote} Please look post number 2779, you will see just above. The yellow lines show the wedge I am referring to. Yeah it is not a 100% wedge but also not a pennant. It's sort of ascending wedge or triangle. I hope that clarifies. Best Regards
Yes i see it, ty
Quoting Ata-Turkoglu
{quote} Please look post number 2779, you will see just above. The yellow lines show the wedge I am referring to. Yeah it is not a 100% wedge but also not a pennant. It's sort of ascending wedge or triangle. I hope that clarifies. Best Regards

Ata, hier again, i would like you take in consideration that, look the price action in 1m tf is intent to go above trend suite, if does and later both go above 200 sma, i think is time to long, if they do not crosses the average the short trade is in play, what do you think abaut?
Quoting mel3
{quote} Ata, hier again, i would like you take in consideration that, look the price action in 1m tf is intent to go above trend suite, if does and later both go above 200 sma, i think is time to long, if they do not crosses the average the short trade is in play, what do you think abaut?
I am watching 1.1250/65 level.. as long as candles close below it no retrace condition.

Best Regards
Be a seer, not a looker!
Quoting Ata-Turkoglu
{quote} I am watching 1.1250/65 level.. as long as candles close below it no retrace condition. Best Regards

It matches whith a said befor, 200 sma is at the moment in1,1262, if price and trend crosses 200sma sure the price is 1,1265/70 time for long
Quoting mel3
{quote} It matches whith a said befor, 200 sma is at the moment in1,1262, if price and trend crosses 200sma sure the price is 1,1265/70 time for long
Ok we are looking for the same condition then.. good
Be a seer, not a looker!
The fib measure of last total drop on 15 minute chart shows 78.2 level --> 1.1297 as most possible return level, I will close my hedge there.

Best Regards
Be a seer, not a looker!
Quoting Ata-Turkoglu
The fib measure of last total drop on 15 minute chart shows 78.2 level --> 1.1297 as most possible return level, I will close my hedge there. Best Regards

And always de same closed with 10 pips gained, i sould entry at the crosse of trend suit, too long waiting ant too early closed.

Regards
Quoting Ata-Turkoglu
Tip of the Day "The very first thing you must do before you start your trading day is putting a distinctive horizontal line on your daily opening at midnight (GMT time). Now this is the idea: If during the day, price crosses that line from below to above, market might have turned bullish and if price crosses from above to below market might have turned bearish. Always keep that in mind." Best Regards
Daily Open Line.....Enjoy!.
Attached File(s)
File Type: mq4 Daily open line.mq4   2 KB | 545 downloads
Keep It Simple
Quoting cigarguy
{quote} Daily Open Line.....Enjoy!. {file}
thanks
Quoting dna9179
{quote} thanks
NP and hope this indicator helps as it has been useful to me for years as indicated by the white dash line...........
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiH1.png Size: 79 KB
Keep It Simple
Quoting cigarguy
{quote} Daily Open Line.....Enjoy!. {file}
Thanks bro, but newbies.. you still put the line manually please till your brains get used to look for that value every time you start your day.

Best Regards
Be a seer, not a looker!
EURUSD M15

I closed my hedged buy trade. I also noticed that bull power looses momentum. Maybe early but now I am short.

Not much left till FOMC. Be careful!

Best Regards
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 64 KB
Be a seer, not a looker!
Quoting Ata-Turkoglu
EURUSD M15 I closed my hedged buy trade. I also noticed that bull power looses momentum. Maybe early but now I am short. Not much left till FOMC. Be careful! Best Regards {image}
Hope FOMC will push it lower then
good luck
Quoting dna9179
{quote} Hope FOMC will push it lower then good luck
Never fully sure but my odds are bearish with this picture. Always keep in mind that there can be "manipulation"
Be a seer, not a looker!
Quoting Ata-Turkoglu
EURUSD M15 I closed my hedged buy trade. I also noticed that bull power looses momentum. Maybe early but now I am short. Not much left till FOMC. Be careful! Best Regards {image}
Ata,

I personally feel the fact that your focus is on one pair ie., EURUSD in this case, is a great asset as a learning experience for new traders and offers an excellent learning template. As you are aware, most new traders error by attempting to trade many pairs, more concerned with making pips then the methodology, pair PA rhythm, key levels and volume areas as support & resistance......
Keep It Simple
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