http://prntscr.com/l7lhpd
Daily candle chart 18,077 replies
Daily Candle On Chart Indicator? 6 replies
Weekly chart with daily candle patterns 2 replies
Day's first H4 candle correlation to daily candle 14 replies
Correlation between first 4 hour candle and daily candle 1 reply
Dislikedusdcad PRFOFIT should have been taken at line Best Buy H4 However, it is easy to say this in hindsight and much more difficult when actually trading.....Ignored
Disliked{quote} ok....should be a bit lower then.... one more scenario.....am I on the right track here? http://prntscr.com/l7lhpdIgnored
Disliked{quote} USDJPY short still running...added another position. {image}Ignored
Disliked{quote} am I correct here? even if u scroll to lower frame after confirmation price never retraced to entry short?? http://prntscr.com/l7nki4Ignored
Disliked{quote} my own interpretation. if this is a h4 chart: 1. if my entry is based on h4, then it would at close of bar 3 close above or below the set up line OR the retrace to the set up line and is valid candles later. 2. or i can drill down to h1 to do my entries after h1 close above or below the set up line.Ignored
DislikedHi simoneg. I have been reading your thread with great interest. Your technique is really impressive and I say this after reading many other threads over quite a long period of time. I have to admit that I'm still having trouble understanding how to define the rejection areas(initially I thought they're simple support/resistance levels) but thanks to swingman's indicator I don't have this problem any longer. I would like you to comment on this short entry I just made on NZDUSD. I had doubts since this 123 pattern formed just above a d1/w1 best buy...Ignored
DislikedGood morning Simoneg, I have a question I should have asked earlier. The historical level calculations are they ; 1) based on the same time last year or 2) something else so for example; historical best buy/sell H1 is it based on same time yesterday/last week/last month/last year historical best buy/sell H4 is it based on same time yesterday/last week/last month/last year and so on and so forthIgnored