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  • #1,168,381
  • May 5, 2020 7:29am May 5, 2020 7:29am
Quoting Js3mwtRc
{quote} ...but this band recalculates...
That's why I don't use stuff like that. It is deceptive. It's better to stick to static support and resistance. You get better information that way.
Learn from your mistakes and march on.
  • #1,168,382
  • May 5, 2020 7:32am May 5, 2020 7:32am
Quoting viktoriaxz
channel of eur h4 now-1.07550-1.1034,daily channel low touched,i think should touch upper {image}
Do yourself a favor and get rid of the bands. They aren't as helpful for trading as you might think.
Learn from your mistakes and march on.
  • #1,168,383
  • May 5, 2020 7:33am May 5, 2020 7:33am
Quoting here2there
{quote} That's why I don't use stuff like that. It is deceptive. It's better to stick to static support and resistance. You get better information that way.
I like this statement. I joined a group of traders a few months ago and all they use is some chart patterns and support and resistance. Look at weekly, daily and 4 hourly and thats it. Obviously trading needs to be flexible but i knew that having indicators was just mobo majick
  • #1,168,384
  • May 5, 2020 7:36am May 5, 2020 7:36am
W
You can lead a horse to water, but you can't make it drink
  • #1,168,385
  • May 5, 2020 7:36am May 5, 2020 7:36am
Quoting tiborf71
{quote} very nice rally. but based on this chart, I would not have opened a position. just a comment.
Why not?
I'm enjoying the wins because I was once terrified by loses
  • #1,168,386
  • May 5, 2020 7:40am May 5, 2020 7:40am
daily targets- good targets in channel-it can touch 1,rare two times but after two-cosmos
  • #1,168,387
  • May 5, 2020 7:42am May 5, 2020 7:42am
Sell 1.0850. Stop Loss 1.0865.
Take Profit 1.0810
  • #1,168,388
  • May 5, 2020 7:49am May 5, 2020 7:49am
Quoting here2there
{quote} Do yourself a favor and get rid of the bands. They aren't as helpful for trading as you might think.
you can get rid of all,maybe you are genius.for me its ok.
  • #1,168,389
  • May 5, 2020 7:51am May 5, 2020 7:51am
Quoting chiny-fx
{quote} I like this statement. I joined a group of traders a few months ago and all they use is some chart patterns and support and resistance. Look at weekly, daily and 4 hourly and thats it. Obviously trading needs to be flexible but i knew that having indicators was just mobo majick
Indicators can be helpful. It all depends on which ones you are using and why. Indicators that repaint are worthless.
Learn from your mistakes and march on.
  • #1,168,390
  • May 5, 2020 7:51am May 5, 2020 7:51am
Good idea but we all started somewhat like that. In fact, simplicity comes with experience.

KP

Quoting here2there
{quote} Do yourself a favor and get rid of the bands. They aren't as helpful for trading as you might think.
Do your homework, follow the footprints of smart money
  • #1,168,391
  • May 5, 2020 7:54am May 5, 2020 7:54am
right now i am using int numbers for periods

i am looking for that ENUM code to select periods automatically

who can share ?
Attached Images
  • #1,168,392
  • May 5, 2020 7:55am May 5, 2020 7:55am
Quoting viktoriaxz
{quote} you can get rid of all,maybe you are genius.for me its ok.
It's an issue of reliability. I mostly got false signals from such indicators. I learned that using basic support and resistance is better.
Learn from your mistakes and march on.
  • #1,168,393
  • May 5, 2020 7:56am May 5, 2020 7:56am
indicators like bands ,Ma,MACD i respect they are very usefull
  • #1,168,394
  • May 5, 2020 7:57am May 5, 2020 7:57am
Quoting KeenPips
Good idea but we all started somewhat like that. In fact, simplicity comes with experience. KP {quote}
And that is exactly why I reach out to others who are making the same mistakes I did in my early days of trading. Some listen. Others learn the hard way, just like I did.
Learn from your mistakes and march on.
  • #1,168,395
  • May 5, 2020 8:01am May 5, 2020 8:01am
Quoting here2there
{quote} It's an issue of reliability. I mostly got false signals from such indicators. I learned that using basic support and resistance is better.
So if you know what to do in h4 chart and daily can you give us analyse.Support- resistance they are crossed very often and go to hell.
  • #1,168,396
  • May 5, 2020 8:03am May 5, 2020 8:03am
Quoting viktoriaxz
{quote} So if you know what to do in h4 chart and daily can you give us analyse.Support- resistance they are crossed very often and go to hell.
I have shared often here, from basic stuff to more advanced stuff. If you subscribe to me, then you will get notification.
Learn from your mistakes and march on.
  • #1,168,397
  • May 5, 2020 8:08am May 5, 2020 8:08am
Support is what motivates people to share more often. Lack of support does the opposite.
Learn from your mistakes and march on.
  • #1,168,398
  • May 5, 2020 8:17am May 5, 2020 8:17am
This is why EUR is falling. It's obvious there is some funny stuff going on with USD.

Attached Image
Learn from your mistakes and march on.
  • #1,168,399
  • May 5, 2020 8:22am May 5, 2020 8:22am
Notice how EURUSD returned to the Point of Control on Volume Profile. And look at what is happening to price now!
It's important to learn about this stuff.

Attached Image (click to enlarge)
Click to Enlarge Name: Image 035.png Size: 53 KB
Learn from your mistakes and march on.
  • #1,168,400
  • May 5, 2020 8:31am May 5, 2020 8:31am
PULL BACK 0885 then drop again !
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