I struggle to find the directions to be honest, while it is easy to see the trend by looking at the swing highs and lows after the fact, but it is difficult to differentiate whether the trend is continuing or is reversing live...
Cable Update (GBPUSD)
- #492,402
- Sep 6, 2019 8:56am Sep 6, 2019 8:56am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,569 Posts
{quote} My system knows the direction. From my side, only patience is needed. {image}
Thats a possible cup and handle formation forming there my friend, look for the 1-2-3 patten and a long entry.
- #492,403
- Sep 6, 2019 8:58am Sep 6, 2019 8:58am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
The drop will come
yes yes yes
- #492,404
- Sep 6, 2019 9:02am Sep 6, 2019 9:02am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
Intraday only.
- #492,405
- Sep 6, 2019 9:05am Sep 6, 2019 9:05am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
{quote} Thats a possible cup and handle formation forming there my friend, look for the 1-2-3 patten and a long entry.
The trend is important.
Taking trades on haphazard manner will eat the account. yes.
Intraday only.
- #492,406
- Sep 6, 2019 9:08am Sep 6, 2019 9:08am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
{quote} I use daily + 4hr trend + 15 min entry. On 3rd september : Daily MACD cut = Buy trend 4hr MACD cut = buy trend Look for 15 min entry on 3rd september. The trend is not over yet. So every day you can look for entry based on 15 min {image}
You get the big picture , with the little details.
Macd in h4 give excellent signals.
I wish i had the peicent to trade like this
yes yes yes
- #492,407
- Sep 6, 2019 9:10am Sep 6, 2019 9:10am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
{quote} H4 is the best chart for trAding. You get the big picture , with the little details. Macd in h4 give excellent signals. I wish i had the peicent to trade like this
I lost my account many times in the past by taking trades in haphazard manner.
Intraday only.
- #492,410
- Sep 6, 2019 9:23am Sep 6, 2019 9:23am
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
{quote} It must be me then Marcieny
.....Does Marcieny have so many admirers like that?
{quote} H4 is the best chart for trAding. You get the big picture , with the little details. Macd in h4 give excellent signals. I wish i had the peicent to trade like this
New traders can take clues from Moty's analysis and just try to do exactly opposite of what Moty says especially in GBP/USD pair.
- #492,413
- Sep 6, 2019 9:34am Sep 6, 2019 9:34am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
Intraday only.
- #492,414
- Edited 9:49am Sep 6, 2019 9:36am | Edited 9:49am
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #492,415
- Sep 6, 2019 9:41am Sep 6, 2019 9:41am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
Intraday only.
- #492,417
- Sep 6, 2019 9:59am Sep 6, 2019 9:59am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
Intraday only.
- #492,418
- Edited 10:13am Sep 6, 2019 10:02am | Edited 10:13am
- Joined Mar 2008 | Status: Name real with real own way | 23,414 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #492,419
- Sep 6, 2019 10:03am Sep 6, 2019 10:03am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #492,420
- Sep 6, 2019 10:11am Sep 6, 2019 10:11am
- Joined Oct 2010 | Status: Trader | 21,482 Posts
Intraday only.