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Attachments: Dragon or Snake - GU, UJ, GJ, EU, EJ
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Dragon or Snake - GU, UJ, GJ, EU, EJ

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  • Post #1
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  • First Post: Edited Jan 19, 2020 12:38am Dec 5, 2017 1:55am | Edited Jan 19, 2020 12:38am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
=
---------------------------------
snake == 1st target , price normally reach both side when ranging
dragon == 2nd target, price reach one of that target when go extreme.

=========================================================
indicators I use
You can google SS_SupportResistance_v04b and ADR1 indicator[dragon].
ichimoku , M30 stochastic 10,3,3, alligator,fractal,RSI,M15 ma8
VIP heiken aishi.
Exits == most important part of your strategy
  • Post #2
  • Quote
  • Dec 5, 2017 3:32am Dec 5, 2017 3:32am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
I closed short at previous H4 low 150.541 , enough for today
Exits == most important part of your strategy
1
  • Post #3
  • Quote
  • Dec 5, 2017 3:35am Dec 5, 2017 3:35am
  •  sumar
  • | Joined Sep 2017 | Status: Member | 798 Posts
Quoting edmun1388
Disliked
I closed short at previous H4 low 150.541 , enough for today
Ignored
Well done. The downward trend might not be over yet. Came in late but manage to get 30 pips
Never Ever Give Up
1
  • Post #4
  • Quote
  • Dec 5, 2017 3:40am Dec 5, 2017 3:40am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting sumar
Disliked
{quote} Well done. The downward trend might not be over yet. Came in late but manage to get 30 pips
Ignored
Attached Image

Ya , maybe can go down more , down 70 pips more will hit TP2 150.015
Exits == most important part of your strategy
1
  • Post #5
  • Quote
  • Dec 5, 2017 7:45am Dec 5, 2017 7:45am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
8:45 pm Malaysia time : GBP/JPY still as bear yet as long as price M15 not close above 151.303[or go above previous fractal high].--but further analyze found that major pair still bear against YEN pairs , so be care if you trade long. good luck.
Exits == most important part of your strategy
  • Post #6
  • Quote
  • Dec 5, 2017 7:50am Dec 5, 2017 7:50am
  •  sumar
  • | Joined Sep 2017 | Status: Member | 798 Posts
Quoting edmun1388
Disliked
8:45 pm Malaysia time : GBP/JPY still as bear yet as long as price M15 not close above 151.303[or go above previous fractal high].--but further analyze found that major pair still bear against YEN pairs , so be care if you trade long. good luck.
Ignored
It's already making higher highs and higher lows on the M15. New York open will just give it the push
Never Ever Give Up
  • Post #7
  • Quote
  • Edited at 8:28am Dec 5, 2017 7:55am | Edited at 8:28am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting sumar
Disliked
{quote} It's already making higher highs and higher lows on the M15. London open will just give it the push
Ignored
Even if price go above 151.295 previous fractal M15 high , we still need other pair to agree with the up move , so far I still see bear in control yet .
* If other pair follow , then I will long GJ.
==
** add note : H4 resistance at 151.720 , bull if price go above this
+--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+ If a pattern does not make sense to you , don't trade it. +
+--------------------------------------------------------------------------------+
Exits == most important part of your strategy
2
  • Post #8
  • Quote
  • Dec 5, 2017 8:30am Dec 5, 2017 8:30am
  •  sumar
  • | Joined Sep 2017 | Status: Member | 798 Posts
Quoting edmun1388
Disliked
{quote} Even if price go above 151.295 previous fractal M15 high , we still need other pair to agree with the up move , so far I still see bear in control yet . * If other pair follow , then I will long GJ. == ** add note : H4 resistance at 151.720 , bull if price go above this
Ignored
I could see it was struggling at 151.30. I closed a scalp trade now at 12 pips. Will enter again
Never Ever Give Up
  • Post #9
  • Quote
  • Edited at 9:11am Dec 5, 2017 8:47am | Edited at 9:11am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting sumar
Disliked
{quote} I could see it was struggling at 151.30. I closed a scalp trade now at 12 pips. Will enter again
Ignored
LOLz , bro , you close it ... if price later fly don't blame me ok .
* I no trade yet.
+If a pattern does not make sense to you , don't trade it.
Exits == most important part of your strategy
  • Post #10
  • Quote
  • Dec 5, 2017 9:22am Dec 5, 2017 9:22am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting edmun1388
Disliked
{quote} LOLz , bro , you close it ... if price later fly don't blame me ok . * I no trade yet. +If a pattern does not make sense to you , don't trade it.
Ignored
look like we can long small lot size if M15 bar end green.Good luck .
Exits == most important part of your strategy
1
  • Post #11
  • Quote
  • Dec 5, 2017 9:31am Dec 5, 2017 9:31am
  •  Alastair
  • | Joined Jun 2008 | Status: Learning Properly This Time! | 1,212 Posts
Quoting edmun1388
Disliked
{quote} look like we can long small lot size if M15 bar end green.Good luck .
Ignored
agreed, looking for a close above 151.40
Keep It Simple Stupid
1
  • Post #12
  • Quote
  • Dec 5, 2017 9:33am Dec 5, 2017 9:33am
  •  sumar
  • | Joined Sep 2017 | Status: Member | 798 Posts
Quoting edmun1388
Disliked
{quote} LOLz , bro , you close it ... if price later fly don't blame me ok . * I no trade yet. +If a pattern does not make sense to you , don't trade it.
Ignored
Too scared sometimes....lol. rather take a little bit of profit then sitting with nothing. I entered again and made another few pips. It looks like it's going for 151.67
Never Ever Give Up
  • Post #13
  • Quote
  • Dec 5, 2017 9:34am Dec 5, 2017 9:34am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting Alastair
Disliked
{quote} agreed, looking for a close above 151.40
Ignored
actually GJ more look like is ranging to me bro.not all condition meet.
*151.730 is H4 resistance, go above is bull
Exits == most important part of your strategy
  • Post #14
  • Quote
  • Dec 5, 2017 9:45am Dec 5, 2017 9:45am
  •  diamonddbw
  • Joined Sep 2010 | Status: Member | 2,043 Posts
Quoting edmun1388
Disliked
{quote} ... +--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+ If a pattern does not make sense to you , don't trade it. + +-----------------------------------------------------+
Ignored
++++++++++++++++++++++

Looks like you know what you're doing, which is why these 2 statements caught my eye. They seem to contradict one another.

Comments?
Darryl
1
  • Post #15
  • Quote
  • Edited at 11:38am Dec 5, 2017 9:55am | Edited at 11:38am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting diamonddbw
Disliked
{quote} ++++++++++++++++++++++ Looks like you know what you're doing, which is why these 2 statements caught my eye. They seem to contradict one another. Comments? Darryl
Ignored
Trade the pattern that you #define , not the direction that you think .
Pattern that in doubt best don't trade it or trade small lot size only [like now is slow zzZZZ pattern that boring as test].
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Exits == most important part of your strategy
1
  • Post #16
  • Quote
  • Edited at 12:17pm Dec 5, 2017 11:50am | Edited at 12:17pm
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
10 min to H4 bar end , H4 must close above 151.730 to continue my bull dream trade. - fail
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1:15 am nite
Exits == most important part of your strategy
2
  • Post #17
  • Quote
  • Dec 5, 2017 2:10pm Dec 5, 2017 2:10pm
  •  chimacole
  • | Joined Dec 2017 | Status: Junior Member | 1 Post
please i need this indicator. help me with it please
  • Post #18
  • Quote
  • Dec 5, 2017 7:49pm Dec 5, 2017 7:49pm
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
Quoting chimacole
Disliked
please i need this indicator. help me with it please
Ignored
You can google SS_SupportResistance_v04b and ADR1 indicator.
Exits == most important part of your strategy
  • Post #19
  • Quote
  • Edited at 9:55pm Dec 5, 2017 9:42pm | Edited at 9:55pm
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
06-Dec-2017 10:40 am
H4 resistance 151.240, below is bear/short only.
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closed +18 , currency meter show no strong down+Proven Support, Test Count=5
Attached Image

+--------------------------------------------------------------------------------+
+ Your biggest enemy in trading is going to be a directional bias. +
+ If a pattern does not make sense to you , don't trade it. +
+--------------------------------------------------------------------------------+
Exits == most important part of your strategy
1
  • Post #20
  • Quote
  • Edited at 2:32am Dec 6, 2017 12:05am | Edited at 2:32am
  •  edmun1388
  • Joined Nov 2009 | Status: Member | 2,756 Posts
06-Dec-2017
snake ::150.979-150.245 = 73 pips hit
dragon :152.139-149.081 = 304.8 pips
===========================
1:15 pm :: H4 - below 151.145 short only ( valid for recent H4 bar only )
Exits == most important part of your strategy
1
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