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- #2
- Feb 28, 2018 11:28pm Feb 28, 2018 11:28pm
The argument for opening trades:
1st #24584234 USDCHF 01.03.18 06:55 M5 Risk per trade 1%
A – MM 7/8 – Fast reverse line (weak), (Weak, Stall, and Reverse). This line is weak. If prices run up too far too fast, and if they stall at this line they will reverse down fast. If prices do not stall at this line they will move up to the 8/8 line.
Price stalls at MM 7/8.
B - It is possible to get a HEAD&SHOLDERS formation sustained by hidden divergence on M5.
The Outcome and comments: no comment
1st #24584234 USDCHF 01.03.18 06:55 M5 Risk per trade 1%
A – MM 7/8 – Fast reverse line (weak), (Weak, Stall, and Reverse). This line is weak. If prices run up too far too fast, and if they stall at this line they will reverse down fast. If prices do not stall at this line they will move up to the 8/8 line.
Price stalls at MM 7/8.
B - It is possible to get a HEAD&SHOLDERS formation sustained by hidden divergence on M5.
The Outcome and comments: no comment
- #3
- Last Post: Mar 1, 2018 3:11am Mar 1, 2018 3:11am
2nd #24586097 USDJPY 01.03.18 07:51 M5
3rd #24586218 USDJPY 01.03.18 07:55 M5 (I have opened one more trade to be able to “partial close“)
A – Price below SUPERTREND H4 and SUPERTREND H1. Going downwards possible to have a pullback at Super Trend H1 were we are having a regular divergence.
6/8 – Pivot reverse line (Pivot Reverse Line) this line is second only to the 4/8th line in their ability to force prices to reverse.
If the price is above the 5/8 line and falling, it will generally stop and consolidate around 5/8 first before heading lower.
B – Regular divergence on M5.
C- On higher time frames M15 – hidden divergence at 3/8 (if the price is between the 3/8 line and 2/8 line and heading lower, it tends to bounce off the 2/8 line and retest 3/8 before heading lower.)
Risk per trade 1%
The Outcome and comments: Trades hit SL at BE
3rd #24586218 USDJPY 01.03.18 07:55 M5 (I have opened one more trade to be able to “partial close“)
A – Price below SUPERTREND H4 and SUPERTREND H1. Going downwards possible to have a pullback at Super Trend H1 were we are having a regular divergence.
6/8 – Pivot reverse line (Pivot Reverse Line) this line is second only to the 4/8th line in their ability to force prices to reverse.
If the price is above the 5/8 line and falling, it will generally stop and consolidate around 5/8 first before heading lower.
B – Regular divergence on M5.
C- On higher time frames M15 – hidden divergence at 3/8 (if the price is between the 3/8 line and 2/8 line and heading lower, it tends to bounce off the 2/8 line and retest 3/8 before heading lower.)
Risk per trade 1%
The Outcome and comments: Trades hit SL at BE