Disliked{quote} Crikey my div is far more prominent. I think this is down to what times brokers use to close the bars so if price is moving quickly it can make a big difference.Ignored
don't follow me
Identifying Market Swings - Medium and Long Term Trading 619 replies
Trading With Moving Averages 72 replies
Moving Averages Zone Trading 10 replies
HELP! GMMA (Guppy's Multi-Moving Averages) Trading Mehod 3 replies
Via indicator: trading xxxyyy via zzz 0 replies
Disliked{quote} Crikey my div is far more prominent. I think this is down to what times brokers use to close the bars so if price is moving quickly it can make a big difference.Ignored
Disliked{quote} Hi Alan Was hoping you might be able to help me out with you thoughts when you were live, because at this point I did waiver a bit on the long trade. Just before your first entry on the 5min chart there was bear support and the 1HR bar closed as a bear bar putting the 1HR in bearish Div. And price was struggling to get back across the 2572 swing level. Cheers JohnIgnored
Disliked{quote} Well John I could just as easily been wrong and thus would have lost ten pips on a minor trade. Had this been the case then I would be in a position to change my mind and then go short. As it was at the time the fast RSI was low down so I took the chance it would push up and cross the 5 min EMA on it way to the 1H EMA caused by the 1H div. Is that what you wanted to know?Ignored
Disliked{quote} Perfect thanks Alan Like you said easy today, yet my brain likes to overthink it and make it harder.Ignored
DislikedThe Daily is ready to make a new lower EMA swing low. {image} The next level is at 1.23xx It would not surprise me if we see that level again in a short time. No explanation here but it has to do with Weekly resistance line +61% fib + distribution seen on the Daily ==> potential sell off. Not that we only should Sell!Ignored
Disliked{quote} Fast alright, this thing is moving something like 50 pips an hour both up and down. With this kind of action we should be considering halving our entry and doubling our stop and TP distances. On the hour the EMA has made the LL as I suspected but interestingly the price has not quite reached the next level 2211 and is in bullish div. This gives us pause to ponder if this is the time for the bulls to stop the drop. Of course we know what happens when a div fails so don't hold your breath just yet. There is still another LL at 204. Also price...Ignored
DislikedDear Alan and everyone, I have been reading this thread for about 30 pages. Please can I ask if I use the system from the first pages, is it still relatively the same up to this point (page 306)? Alan thank you very much for sharing your method Napasorn.Ignored
DislikedI have being reading this thread and making notes for few days now. I can understand almost all the concepts you have mentioned. However I still have doubts about the Two Bar test. My understanding is the following. Can you please confirm if it's correct or not? In an uptrend(for example) you open a trade at the "valley". Then look at the current bar and the previous bar and then draw a line at the high of the said bars. If the next candle closes above that line, we are going to hold until an opposite signal shows up.Ignored
Disliked{quote} Well that is partially true. However first off you need a reason to be taking the test and this is where the ZOO points of the 1 hour play a role. What we are trying to achieve is a very early entry at these ZOO points with a tight stop. The stop being below the bar being tested. These entries are tentative ones where we risk very little then as the trade progresses we add to the trade with more and more confidence that a particular target is going to be reached.Ignored