As per Kolachi Method price obeys axis (200ema) and vibrates on both sides.
We can clearly see that price has completed on side and now in obedience of
Kolachi Rules it is heading toward other side.The short term target for followers of Koalchi Method 2 in my view should be second median line at 1.2460.
Look at the daily chart below:
Here is the chart of gold which is heading for 591.A possibility of bagging almost 800-900 pips.The obvious target is ema21 which may repulse the wma5, and as you can see cross above that of higher emas.
As per Kolachi Method price obeys axis (200ema) and vibrates on both sides.
We can clearly see that price has completed on side and now in obedience of
Kolachi Rules it is heading toward other side.The short term target for followers of Koalchi Method 2 in my view should be second median line at 1.2460.
Look at the daily chart below:
PF(Kolachi Trader)
Ignored
Hi,
Sorry to jumped in the old thread. I didn't know where to ask. I don't know how to put the median fibo for the kolachi method 2, as the axis is ema 200.
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Joined Jan 2011
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Status: Trade what you see
|32 Posts
hi im curious about this kolachi trading method? do you have any pdf or link as to how this setup is done? entry, exit and considerations in taking a trade? I'm currently using Orange roshans style SRDC but I'm trying to something more of applicable to short term. possibly almost scalping style? and i've heard kolachi is good for that?
{quote} Hi, Sorry to jumped in the old thread. I didn't know where to ask. I don't know how to put the median fibo for the kolachi method 2, as the axis is ema 200. Really appreciate any answers.
