Rainbow Magic with CRB charts

One of those classic support becomes resistance trades.

Now with a FIB on it.....dang spot on!

And again!

Interesting:- using ZIGZAG Charm indi with semafor.

After a complete MT4 meltdown when Windows 10 updated. This is what I've recreated so far.

Plus this is how it looks.

Look for MACD and chart MA to agree. Wait for Stoch pullback. The usual...

Reason for 9 point range bars on USD/JPY is that this is what I need to cover spread and commission (on average as spread changes). So one bar move gets me into BE position.

2 Scalps so far.

4 trades. No losers. Done for the day Just trading pullbacks.

This morning E/U trade. Reason for trade. Price making a crown and MACD dropping. Give away as to what it want to do next.....DROP! Tight following stop to exit.

Looks like I'll have to get out of bed earlier. Sydney open gives some excellent signals.

Head and shoulders. The only pattern you need. I took the second one. I use the black VMA to create the head and shoulder pattern. Made my pips for the day Trade it from market opening till about mid day (Aussie time for Asian market. After that usually expect sideways.)

EUR/USD just before Tokyo open. Stepping down. Close following stop. Percentage made for the day Lots of red news today so that's it for me. I'll wait till the dust settles.

2 trades this morning. now out for the day. Percentage made Internet sooooo slow. Too risky to trade more.

EUR/USD this mornings trade just after Tokyo open.

USD/JPY sell trade for this morning. Using 50 point CRB chart.

Hi Batavier,

IF I look at your posted charts/trades it seems like you use various different size CRB's? It would seem like sometimes you use as small as 1 pip (10 points) and your last post shows a 50 points chart. Am I right about the sizes?

How do you determine your CRB sizes and what makes you use such small bar sizes? It seems like you also then have very tight stops (maybe that's the reason) and that you only need a very small movement to make your % target for the day? Maybe its cos you trade the Asian session which is slower moving?

Thanks

USD/JPY Asian Session again. 10 Point CRB tight SL . Watch the candle formations. Any sign of reversal - Trail it real close and get out with what the market gives. Done for the day.

Very handy EA and Script:

https://www.earnforex.com/blog/scrip...ze-calculator/