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  • #1,170,741
  • May 25, 2020 10:19am May 25, 2020 10:19am
after 1.0912 still waiting for 1.0935 limit test before 1,0807 or not
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,170,742
  • May 25, 2020 10:19am May 25, 2020 10:19am
Quoting Tekin
{quote}as fontu said earlier sma 100 sits at 1.0936 and sma50 1.0815 h1 can be a rocket over this levels i think lets see there shouldnt be much volume because of bank off today
I also see that the price will move all the way up to where the sma 100 is on the H1 chart then to go down
  • #1,170,743
  • May 25, 2020 1:18pm May 25, 2020 1:18pm
Technical Analysis 300 + pip GBPCHF Move:

Inserted Video
instagram: stepbystepforex
  • #1,170,744
  • May 25, 2020 2:54pm May 25, 2020 2:54pm
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yes yes yes
  • #1,170,745
  • Edited 6:04pm May 25, 2020 4:55pm | Edited 6:04pm
Suthmo, do us a favor and say something crazy, but not parity. People will freak out. How have you been my friend, has been a while. Please post some humor.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,170,746
  • May 25, 2020 4:58pm May 25, 2020 4:58pm
This is not mine, someone else did the work. But has anybody thought about correlation pairs? Also, am I the only person trading AUDCHF?
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"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,170,747
  • Edited 6:06pm May 25, 2020 5:36pm | Edited 6:06pm
Okay Noobs, (Highly profitable method)
Today is a holiday for me so I am going to share something very simple. Please try on a demo account. I deleted my other indicators, because you must make the TP and SL your own. This is very simple. MA's are your trigger areas to enter a trade, is it laser accurate, NO it is a zone not a price action decision. Always look at the 1st dip/rally after the MA flip. On the daily, you will get about 1 entry/exit per week using the 4H for entry when price hits the MA's. But the pips won will be more than lower time frames. There are many good traders here, some use S/R, Supply/Demand zones, MACD, etc You will need to figure out what works best for you. This is just to get you started and understand the meaning of riding waves. If you want to be safe, do not trade against the direction of the MA's. Blue on top means it is going down, blue on bottom means it is going up. PM me if you have a question. This is not rocket science, do not make it harder than what it is. After drawing a blue or red line for each dot, you will see the MA's flip on the next lower timeframe. Example as seen below on the Daily, bump down to the 4H chart after drawing these, trade in that direction. Simple. Read the rules below so you can add your indicators.

This will help you find dips/rally's. After marking dots on the daily switch to the 4H chart. After first dip/rally you will see the pattern where MACD Marker typically crosses 0.00 and back again, that gap is the entry area. YES, I use another indicator to see this, but you must make it your own. Do your homework.

This is for high probability, if you trade so price will come back into MA's(Against trend) it is high risk. That is on you. I do not take any responsibility for losses or gains.

MA's
Red=50EMA
Green=100EMA
Blue=240LWMA

Remember if you want to modify this strategy that is fine, here are the basics. We need a few things for riding waves.
#1 Need a way to identify the trend
#2 Have an indicator for identifying the trigger zone for entering
#3 Have a SL Strategy(Mine is mental and keep track of S/R areas as well as Price Action)
#4 Have an indicator or method for identifying the TP zones (I use pivots, but that is me. You use your own)

Yes you can use this on 1D/4H, 4H/1H and 1H/30M(More volatility on lower time frames), but don't until you understand it. Attached is the MACD Marker indicator, change the settings to 12,26,1

Start with 1D/4H. That means draw the lines on the 1D and look at 4H chart for when PA hits the MA's.

Keep it simple, look at on multiple pairs.
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File Type: ex4 Mod_MACD_Marker.v1.ex4   28 KB | 169 downloads
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,170,748
  • May 25, 2020 5:44pm May 25, 2020 5:44pm
Last post for the day, if you LOVE harmonics, ask Techanalyst, he is into that like crazy!!! Lives for it. Believes nothing but Harmonics!!! Just kidding, Techanalyst will chew your ass. But it is fun to make him laugh and brighten his day. LOL Stay Green everyone, lets get ready for tomorrow when the markets open back up for UK and NY.
"What the wise do in the beginning, fools do in the end."-Warren Buffet
  • #1,170,749
  • May 25, 2020 7:01pm May 25, 2020 7:01pm
Quoting OhComeOn
This is not mine, someone else did the work. But has anybody thought about correlation pairs? Also, am I the only person trading AUDCHF? {image}
Not the only trading that pair.... I am currently waiting for a entry in it
LOCK IN RE-ENTER
  • #1,170,750
  • May 25, 2020 9:22pm May 25, 2020 9:22pm
I know I want 1.093 area.. but If it close back below 1.09099 start resisting, I may consider adding there.. (shorts)

Lets see
SS
  • #1,170,751
  • May 25, 2020 9:39pm May 25, 2020 9:39pm
I have seen people trade according to the news emerges, personally, this is just my opinion the trend plays a higher role than news. If you study the trend lines it serves you with better profits on the book. My speculation the trend will hit 1.08909to south. It will emerges uptrend after a downfall of a titan.

If you wish to listen to my explanation based on candlestick I will eleborate here. So far, my trade is 90% accurate by looking into 5 areas.

1. 5-min chart has a very clear direction the movement is aggressively showing downturn (at least current) with implementaring timezone around 26 May 2020 at 8.00am and 8.30am. A concrete confirmation.

2. Anhour chart 25May 2020at 8.00am showed a clear sign of uptrend coming in place, hence, I am "speculating" a high up by the end of today or tomorrow.

3. Monthly chart shows low standpoint for the time beingtill we hit point 1.

4. Remember my exercise from point 1 to 3.
  • #1,170,752
  • May 25, 2020 9:47pm May 25, 2020 9:47pm
Quoting martin1977
I have seen people trade according to the news emerges, personally, this is just my opinion the trend plays a higher role than news. If you study the trend lines it serves you with better profits on the book. My speculation the trend will hit 1.08909to south. It will emerges uptrend after a downfall of a titan. If you wish to listen to my explanation based on candlestick I will eleborate here. So far, my trade is 90% accurate by looking into 5 areas. 1. 5-min chart has a very clear direction the movement is aggressively showing downturn (at least...
noted this, lets see
  • #1,170,753
  • May 25, 2020 10:23pm May 25, 2020 10:23pm
Quoting martin1977
I have seen people trade according to the news emerges, personally, this is just my opinion the trend plays a higher role than news. If you study the trend lines it serves you with better profits on the book. My speculation the trend will hit 1.08909to south. It will emerges uptrend after a downfall of a titan. If you wish to listen to my explanation based on candlestick I will eleborate here. So far, my trade is 90% accurate by looking into 5 areas. 1. 5-min chart has a very clear direction the movement is aggressively showing downturn (at least...
I think eu is going to up. In H1 the price break sma50. And in h4 there 1 psar below. So the eu will going up
  • #1,170,754
  • May 25, 2020 10:54pm May 25, 2020 10:54pm
zzzzzzzzzz 950
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  • #1,170,755
  • May 25, 2020 11:04pm May 25, 2020 11:04pm
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yes yes yes
  • #1,170,756
  • May 25, 2020 11:37pm May 25, 2020 11:37pm
Quoting martin1977
I have seen people trade according to the news emerges, personally, this is just my opinion the trend plays a higher role than news. If you study the trend lines it serves you with better profits on the book. My speculation the trend will hit 1.08909to south. It will emerges uptrend after a downfall of a titan. If you wish to listen to my explanation based on candlestick I will eleborate here. So far, my trade is 90% accurate by looking into 5 areas. 1. 5-min chart has a very clear direction the movement is aggressively showing downturn (at least...
90% accurate. Would you be so kind to elaborate more on your 90%accuracy like your risks factor or you don't use stop-loss or isit a martingale etc.
Thanks in advance.
  • #1,170,757
  • May 26, 2020 12:00am May 26, 2020 12:00am
Quoting Sokjagoan
{quote} 90% accurate. Would you be so kind to elaborate more on your 90%accuracy like your risks factor or you don't use stop-loss or isit a martingale etc. Thanks in advance.
i am always 100% accurate when i say " something will happen " i am never wrong
  • #1,170,758
  • May 26, 2020 12:21am May 26, 2020 12:21am
EU is recovering from the drop, but yet in a range, I am more bearish than bullish.

Resistance is at 1.0932 and it can drop all the way down to 1.0870 support where a break can give us 1.0800 - the bottom of the weekly range.
Looking for profitable short term trades ...|
  • #1,170,759
  • May 26, 2020 12:46am May 26, 2020 12:46am
Quoting PatienceFx
{quote} i am always 100% accurate when i say " something will happen " i am never wrong
Sarcasm I hope because, on your last post I read, you were stopped out.
  • #1,170,760
  • May 26, 2020 1:17am May 26, 2020 1:17am
Quoting investing101
{quote} Sarcasm I hope because, on your last post I read, you were stopped out.
very true " something happened " i was right again
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