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A little bit of give back

  • #101
  • Jun 28, 2018 6:41am Jun 28, 2018 6:41am
Could you tell me if this is correct Nut?
thanks
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  • #102
  • Jun 28, 2018 6:52am Jun 28, 2018 6:52am
It looks incorrect, I think you are working the downtrend. Which instrument are you looking at and which timeframe
  • #103
  • Jun 28, 2018 6:53am Jun 28, 2018 6:53am
Quoting Nut
It looks incorrect, I think you are working the downtrend. Which instrument are you looking at and which timeframe
eur/usd - 1hr
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #104
  • Jun 28, 2018 7:09am Jun 28, 2018 7:09am
Quoting moneymagnet
Could you tell me if this is correct Nut? thanks {image}
This is my chart at the moment
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  • #105
  • Edited 7:37am Jun 28, 2018 7:24am | Edited 7:37am
Quoting Nut
{quote} This is my chart at the moment {image}
but I thought we had to adjust it from day to day (based on new highs/lows?)
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TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #106
  • Jun 28, 2018 7:48am Jun 28, 2018 7:48am
If anyone has video skills at this stage a video would be a great help.....anyone?
  • #107
  • Jun 28, 2018 7:49am Jun 28, 2018 7:49am
Hi,

I have been following along. Thank you Nut.

Wondering if there is a particular strategy that you use to enter and exit trades? Are you specifically looking for price to reach the 38.2?

Thank you
  • #108
  • Jun 28, 2018 7:55am Jun 28, 2018 7:55am
Quoting nozzer
If anyone has video skills at this stage a video would be a great help.....anyone?
I offered already.... no response. I don't understand the system well enough to make a video on something which I am not certain of.
  • #109
  • Jun 28, 2018 8:04am Jun 28, 2018 8:04am
Quoting moneymagnet
{quote} but I thought we had to adjust it from day to day (based on new highs/lows?) {image}
No we are measuring a trend from start to finish. It is the time cycles we adjust daily.

Please see
https://www.forexfactory.com/showthr...4#post11211474
  • #110
  • Jun 28, 2018 8:11am Jun 28, 2018 8:11am
CHECK THIS VIDEO IF CAN HELP. CHEERS

Inserted Video
  • #111
  • Jun 28, 2018 8:20am Jun 28, 2018 8:20am
Quoting FXState
{quote} EUR/USD Mark up. Nut Hope this is correct.
Why Perfect reversal is at 0.382 level? The ratio gets 1:0.382 and not 1:0.618.
Is price retraces after 2nd 61.8% level or can price retrace after 1st 61.8% level?
  • #112
  • Jun 28, 2018 8:26am Jun 28, 2018 8:26am
Quoting IenDzi
{quote} Why Perfect reversal is at 0.382 level? The ratio gets 1:0.382 and not 1:0.618. Is price retraces after 2nd 61.8% level or can price retrace after 1st 61.8% level?
Scott Carney explains this well (the founder of harmonic patterns). You may visit his website for a better understanding. The levels represent reversal zones, 61 S/R and 78R/S key zones as Scott Carney's last chance for reversal
  • #113
  • Jun 28, 2018 8:44am Jun 28, 2018 8:44am
Quoting Dethorn
CHECK THIS VIDEO IF CAN HELP. CHEERS https://youtu.be/eH31zwfrDZE?t=2
Thanks for the offer, somebody has already contacted me to make a video on my behalf. Your is much appreciated
Regards
Nut
  • #114
  • Jun 28, 2018 9:04am Jun 28, 2018 9:04am
Quoting Nut
{quote} This is my chart at the moment {image}
what about these 2? since the 61.8 was breached, I moved the dat to that position. Is that correct? This is the 1 hr EU
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  • #115
  • Jun 28, 2018 9:59am Jun 28, 2018 9:59am
Quoting moneymagnet
{quote} what about these 2? since the 61.8 was breached, I moved the dat to that position. Is that correct? This is the 1 hr EU {image} {image}
Absolutely spot on well done.
  • #116
  • Jun 28, 2018 10:03am Jun 28, 2018 10:03am
Quoting OAPDave
Not knocking your thoughts and method but, Seems very similar to this ? https://www.youtube.com/watch?v=yiImdlFtevU
It might work I don't know, just sticking with my own method. Hopefully at some point next week we shall have a video detailing things from start to finish.
  • #117
  • Jun 28, 2018 10:07am Jun 28, 2018 10:07am
Quoting Nut
{quote} Absolutely spot on well done.
Finally!! Thank you sir.. especially for giving back... I hope and desire to be in that position soon..
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #118
  • Jun 28, 2018 6:13pm Jun 28, 2018 6:13pm
Quoting Nut
{quote} Absolutely spot on well done.
so for tomorrow June 29th, do we use the high and low (for dat) from June 28th??
Thanks
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #119
  • Jun 28, 2018 7:08pm Jun 28, 2018 7:08pm
Quoting Nut
{quote} It might work I don't know, just sticking with my own method. Hopefully at some point next week we shall have a video detailing things from start to finish.
Money is made by sitting, not trading. Jesse L. Livermore
  • #120
  • Jun 29, 2018 1:20am Jun 29, 2018 1:20am
Excellent thread....

Im also big on Fibonacci but my question is does this fib always have to be drawn manually each day as mt4 will not remember or save it (actually it might)

I was just thinking is there not a fib indicator that can plot this automatically?

Thanks guy
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