{quote}Thats the way it was designed, to refresh only at the end of a candle which in turn means it will "repaint" but it should stop you watching the green line going up and down on the open bar, because after all, its not a finished candle until its a finished candle
{quote} Is there not always Support or Resistance near somewhere... ?
{quote} Yep, there is. {image} What gets missed is that TA is only two parts of a trading plan, entries and exits. Position sizing and stop management is where the money gets made.
Yes, agree money management is very / if not the important thing to do right.
{quote} Is there not always Support or Resistance near somewhere... ? So if the rules are saying here not to take trades near of SR you would never be able to enter a position. Also SR is different on every time frame. In this example i am taking a H4 trade so i look for SR on H4, not on Daily or Weekly or not? Same with the MA200. A lot of people say do not BUY if price is below, do not go SHORT if price is above this moving average. Maybe there is nothing right or wrong in technical analyses as everything can be seen different from trader A to...
Can anyone tell me why the TDI indicator attached to post #25 is not auto updating. I noticed i always have to refresh the charts manually by right clicking, update to see the TDI histogram lines updating its direction.
Big E entry HA candle #1 and #2 are more suitable for his aggressive scalping entry for reversals. When we swing trade, we can enter when we see an establish trend even when the entry is using HA#3 , #4 and also #5 provided there is valid price action and there is no risk of any nearby support and resistance.
{quote} EURCAD Week 37 Sep 13 breaks lower PPA Previous Price Action and BRN 1.5100 as support... simple trade..only round numbers, use %Risk and do trade Position Size. sell 1.5100 SL 1.5200 TP 1.5000 {image}
{quote} So let me get this straight... You want them to Sell into Support??? Why would give you such awful advice? Not only was that a losing trade but it also hit the SL you said.
{quote} That he is doing for years. He have no clue what he is doing. Thats why he refuses to open a own thread. Follow his rare pre posted entries and you will see. Pure scam with hindsight fancy charts. Sure his trades with straight entries etc. will now stop and meaningless confusing scam will start again.
Some brokers have the Sunday NY candle, that make 30 H4 bars/candle per week. so my guess is he uses moving averages period based on the of the number of bars/candles. my broker has 29 bars per week, so I use moving averages 29, 116 and 348 what they show below: {image} The concept is same as the Power of 10EMA in Multi Time Fame analysis. forum keyword search "Power of 10EMA". https://www.forexfactory.com/showthr...44#post9512444 https://www.forexfactory.com/showthr...9#post10067899...
{quote} correct. adding bigger periods give you bigger picture. nothing wrong with too many lines as long as they are associated with time. they give you correct S/R levels in the future and a sense of direction. the 6M MA held GBPJPY almost 24 hours {image}
simple and brilliant
{quote} This is what happens when you pick cherries out of season
{quote} That he is doing for years. He have no clue what he is doing. ''.
{quote} 'Thats why he refuses to open a own thread. Follow his rare pre posted entries and you will see.''.
