Daily Trading Ideas

GN has made a top while sleeping. I will sell if it retraces 30/50 pips Have a limit sell 19250 TP 18750

Maybe we need one more high GU to resume this uptrend swing just like GC and GA

Just posted this on Cable Update:

Cable @ 1.3045 area, heading into London opening, is at the identical spot to yesterday, wondering if we get the same rally to 1.3082 like yesterday???
And the 15 minute candles look similar,....Spooky

Ahhhhhhh......nope heading south, damn you Euro...lol

Gm Robin,and others... Hope ull have a wonderF$ll day

Gbpusd

SellStop 1.30
+/-30

shake n bake session ️

Seem like Gu don't wanna go up like yesterday..........

Hi all



Bit of GBPAUD fun today

remember me to a song ‘i believe i can fly’

Sure, my resistances/supports are fibo levels, for example 61fibo is my top priority, but the timeframe thats valid for me must be higher than 3 weeks. another supp/ress are tops and lows of higher timeframe, say Daily or better Weekly. Then another thing which i cant get rid off and still think about how the correlations work, so my entries are based on correlations from say 6 charts/pairs which correlates with the current pair i want to enter. These 3 major signals are working together. so what i am trying, is to predict the swing of major part of forex/indexes/stock indexes and gold/oil all together and find the ones that are most suitable for the move, rather than just one pair. I use no indicator, so everyting works on price action and the zones.

To answer your question, where do i learn it. the longer term tops and lows (ranging) i learned from Czech forums, was the first thing i ve learned. The correlations is something i do myself, from beginning i was thinking that the market is one body, not just a several parts, and thats left with me. and the Fibo levels got to my mind after learning from Davit in his Pivot thread, the pivots did not work for me well so i found out that fibo retracement tool works better, and every level has its own rules when to enter or not (i am still modifiing and adding to it), which i have developed on my own by observing. Usually i read something from someone, and if i think about it later/try it, i may add something from his teaching to my methodology. I dont read books, its too boring for me, i rather observe and make my own rules.

The good thing is, that i dont loose money anymore, I dont loose/dont win, so i think this is a good way so far, maybe after some more time i can make a little :-)

What i was asking, is your vision on the silver and gold, what was your signal to short it last time, because everyone has its own methodology.

Thanks Pak Sifu

I darksize, your methodology sounds good.

But I think it's a dump and pump!

Very strong daily uptrend will continue soon

Do you use stop orders a lot? I just find them incredibly dangerous. They simply grab you and run like mad in the other direction

They work OK in a very strong trend of course

I only use stop order.
But the SL has to be large,
It only give me a 1 to 1 R/R, I am working on it to do it better.

I use 4 indies. CCI, RSI, BB and envelopes. I track visually by so many years watching screen. I dont use SL which puts off 99% of trades and i go into the red sometimes 50%. I dont look for supports or resistences but reversals for 200-500 pips aprox. I sometimes write "resistence or support" so traders can understand me instead of saying "price should bounce from upper envelope band" My RSI settings are 14 period on 5 min TF and then i draw lines on that indicator according to maximun or minimuns. I have noticed that 99% of traders only understand the established rules. I called for a reversal once at another thread and was told to go back to basics because they could not see it. No candles, no nothing was telling such a reversal. Methods are very personal. I bet only 1% of traders understood Aki´s method and yet he is replying 1000 questions.I only understood about that divergence candle but still dont get how he enters nor i desire to. This is like telling you to speak chinnese from tomorrow when you just learnt english as your second language. I hope you grasp what i mean Mind you, never knew what basics was

The worst it when the pattern is so easy to read that the price will bounce up so hard in 1 minutes and sometime I am not executed,
so I am working to enter in a range before it exploses...
( Like this morning with NZD )

What is AKI's method ? where can I find it ?

it is at post 5636

here you go : https://www.forexfactory.com/showthr...5#post11986285

Oh come on.... GU always strike my heart....... now it is start getting down............ when i just finally buy....

i give cabel bear 15pips for my stop