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EURUSD only

  • #6,921
  • Dec 13, 2017 11:19pm Dec 13, 2017 11:19pm
Then you can see how how the upper wicks are strong
  • #6,922
  • Dec 13, 2017 11:31pm Dec 13, 2017 11:31pm
Quoting Ata-Turkoglu
{quote} {quote} There are many more Harmonic Patterns discovered by researching traders or coders each and every year. The ZUP coding team is one of those. Common and Well Documented Harmonic Patterns: Butterfly, Gartley, Bat, Crab, Shark, Cypher, 3 Drives and AB=CD Uncommon Patterns That Only ZUP Indicator Uses: Nen Star, Leonardo, Sea Pony, Partizan, Black Swan, 121, White Swan, Navarro 200 and Total You won't find any explanation around these patterns because there are just different calculations of the common patterns based by the ZUP coders....
I also know about only gartley butterfly, crab and bat patterns because there are pretty much calculations attached with them and any money making person like me, has not enough brain and time to understand other 1000's types of patterns !. I think if we do forex trading, we should think positively only about making money and plan to take maximum profit and minimum loss. But if we become confused in these thousands of indicators and patterns, we will surely fail in this business. We should standby our energy for other matters of life !
  • #6,923
  • Dec 14, 2017 12:03am Dec 14, 2017 12:03am
Quoting shaheer9856
{quote} I also know about only gartley butterfly, crab and bat patterns because there are pretty much calculations attached with them and any money making person like me, has not enough brain and time to understand other 1000's types of patterns !. I think if we do forex trading, we should think positively only about making money and plan to take maximum profit and minimum loss. But if we become confused in these thousands of indicators and patterns, we will surely fail in this business. We should standby our energy for other matters of life !
Can't agree more.. the best approach in everything (not just trading) is to keep things simple.. always having the tendency to stay away from noise.. focus on the real deal..

Stay Green
Focus only on what truly matters!
  • #6,924
  • Dec 14, 2017 12:28am Dec 14, 2017 12:28am
newbie trader here, just want to ask your opinion.

I'm locking my position:
short at 1.1733
long at 1.178

should I keep locking? very much appreciated
  • #6,925
  • Dec 14, 2017 12:49am Dec 14, 2017 12:49am
Quoting Ata-Turkoglu
{quote} Can't agree more.. the best approach in everything (not just trading) is to keep things simple.. always having the tendency to stay away from noise.. focus on the real deal.. Stay Green
yeah tough to read rsi divergences, tough to collect pips rotflmao
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 26 KB
  • #6,926
  • Edited 2:16am Dec 14, 2017 2:00am | Edited 2:16am
Added Long at 1814. SL 15 pips. Still trading the Pitchfork above.

Closed for 10 pips. Too many models pointing downward.
  • #6,927
  • Dec 14, 2017 2:09am Dec 14, 2017 2:09am
Quoting PatienceFx
{quote} yeah tough to read rsi divergences, tough to collect pips rotflmao {image}
I love how these divergence work out. Since i learned about them, and watch about them, they work quite good for me.
MAKE IT RAIN
  • #6,928
  • Dec 14, 2017 2:25am Dec 14, 2017 2:25am
Quoting mbrown
{quote} According to the divergence how high is price likely to go? Is it possible to project price with divergences?
divergences work in channels
  • #6,929
  • Dec 14, 2017 2:31am Dec 14, 2017 2:31am
Quoting PatienceFx
{quote} divergences work in channels
eu can rise to 1890 although above 1824 the trend starts to weaken out this week
  • #6,930
  • Dec 14, 2017 2:35am Dec 14, 2017 2:35am
a typical rsi divergence is price making HH although rsi is making a LH

works the same way for other oscilators but in rsi its more reliable

fib the ATR to get better targets
  • #6,931
  • Dec 14, 2017 2:36am Dec 14, 2017 2:36am
Just shorted 1.1836... SL: 20 pips.. TP: 20 pips..

Stay Green
Focus only on what truly matters!
  • #6,932
  • Dec 14, 2017 2:38am Dec 14, 2017 2:38am
anywhere close to or above 1850 i will begin shorts
  • #6,933
  • Dec 14, 2017 2:40am Dec 14, 2017 2:40am
i would prefer to wait for rsi to give me a more reliable short
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 35 KB
  • #6,934
  • Dec 14, 2017 2:50am Dec 14, 2017 2:50am
Quoting mbrown
{quote} What is the RSI period value?
very high 14 lol
  • #6,935
  • Edited 3:24am Dec 14, 2017 3:05am | Edited 3:24am
Quoting PatienceFx
{quote} very high 14 lol
Cheers. I have RSI models + other ingredients currently cooking.

Heavily short with profit locked in for some shorts.

In truth: I deserve more pips!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 22 KB
  • #6,936
  • Dec 14, 2017 3:24am Dec 14, 2017 3:24am
Quoting Ata-Turkoglu
Just shorted 1.1836... SL: 20 pips.. TP: 20 pips.. Stay Green
Nice call!
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #6,937
  • Dec 14, 2017 3:50am Dec 14, 2017 3:50am
Quoting Ata-Turkoglu
Just shorted 1.1836... SL: 20 pips.. TP: 20 pips.. Stay Green
Target reached..

Stay Green
Focus only on what truly matters!
  • #6,938
  • Dec 14, 2017 4:36am Dec 14, 2017 4:36am
On the 4h it looks to me like a clear rejection of 1.184.
  • #6,939
  • Dec 14, 2017 4:57am Dec 14, 2017 4:57am
Technically I hate this move...
Fundamentally its not matching anywhere...
I do have still short bias.. but I am out of my trades. my aim is 1.12000 levels
please comment on levels around 1.1860 & 1.1590
technically 1.2260 level is there to decide levels for 1.50000 or else 0.89000
comments required by all leagends
let be me clear in my thoughts.
The Phoenix Trader....
  • #6,940
  • Dec 14, 2017 4:58am Dec 14, 2017 4:58am
Marking 1.1825.. if price can stay above it we keep buying.. otherwise switching to selling the highs even more.. time will show if that level holds or not..

Stay Green
Focus only on what truly matters!
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