EURUSD

Quoting SallyB

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{quote} That´s fine. You can disagree, I´ve no issue with that but if I think about what you said... "If you need to confirm your entry by using another tf then that calls out that the higher tf isn't needed." that doesn´t make sense to me...maybe I´m missing something here..can you explain? Edit: I need to go out soon, so let me fire first then... If I want to enter short on a 15min tf as price weakens, I´ll look to the 4hr or 1hr for guidance...if I have a bearish scenario which plays out on that 4hr then, I have the confirmation that I need [from...

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Quoting FookMe

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{quote} Thatis just it. If you trade the 15m then there is no need to use any other tf. Timeframes have delays but notice how a 4hr trader never bases his buy or sell on how the candle closes. That is like trading the 1m and placing buy or sells prior to the 60seconds expiring. If you trade that way then you aren't trading 1m but tick.

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Quoting mbrown

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{quote} It depends on the method. If you're trading Andrew's action-reaction lines/sliding parallel lines/warning lines , unorthodox trendlines and micro Pitchforks to scalp (like the EURUSD Only thread) then higher time frame confirmation is a big plus.

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Quoting FookMe

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{quote} That is the point. The methods are flawed thanks to indoctrination of Price action.

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Quoting FookMe

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{quote} That is the point. The methods are flawed thanks to indoctrination of Price action.

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Quoting bjpumping

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so i did talked about checking the monthly and weekly charts of eurusd last night and i was with the sellers...well, the sell off has started, am still with the bears on this...happy positive pips next week to you all. {image} {image}

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Quoting mbrown

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{quote} The final arbiter is return on investment. It seems many traders over there are generating nice returns with the aid of lines and higher and lower timeframe confirmation.

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Quoting FookMe

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{quote} Sadly we have 0 way of p proving that. Remember the bears hide when the market spikes up and vica versa. That is why these thread starters never use TE and rsther go through the hassel of cherry picking their recommendations especially their wins.

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Quoting bjpumping

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so i did talked about checking the monthly and weekly charts of eurusd last night and i was with the sellers...well, the sell off has started, am still with the bears on this...happy positive pips next week to you all. {image} {image}

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Quoting daniellimcl

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{quote} Ya i do hope it continues downward the following weeks

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Quoting FookMe

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{quote} Excellent returns this month sir.I think it would fear to say that a drop will be expected but the market can start reversing at anytime, which is why weekly and monthly trading is a gift and a curse. If you miss, you might never see BE again.

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Quoting daniellimcl

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{quote} Ya i do hope it continues downward the following weeks

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Quoting Isabella_D

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That`s my projection for next time Swing filled long @1.1448 tp 1.1600 SL 1.1375 (but SL maybe changed to higher if hard pressure down on Monday) long @1.1402 tp 1.1660 short @1.1479 Intraday I will post tomorrow FFM/Lo-open EU W1 1.1410 {image}

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Quoting bjpumping

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{quote} i dont see any reason to go long on this pair yet, no disrespect sir, just my opinion, i may be wrong though. my sentiment from being bear will only change at the end of this new week, watching and still staying with my short positions..cheers bro.

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Quoting Isabella_D

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{quote} it may be you`re right. That`s why I draw additional (not preferred) turquoise line down. It`s only a preliminary assumption of mine that price goes up, see RSI H4 oversold for instance. For swinging you need assumptions otherwise you can not build a buy-sell-line. Nice if assumptions are not so bad By the way I am Isabella not this one

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