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Magic 100

  • #1,641
  • Sep 8, 2020 10:42am Sep 8, 2020 10:42am
Quoting ingo3344
{image}
What are the percentages for on the RH side?
  • #1,642
  • Sep 8, 2020 10:46am Sep 8, 2020 10:46am
I haven't dealt with that
  • #1,643
  • Sep 9, 2020 12:41am Sep 9, 2020 12:41am
Hi,
Thank you for sharing your variants, but apart from the different definition of the trend, the central idea is the Buy or Sell Stop when we have a contrary candle. Nobody kept this point ?
Thanks and good pips all
jf
  • #1,644
  • Sep 9, 2020 1:06am Sep 9, 2020 1:06am
Quoting Aliens
{quote} 4 mixed strategies + Magic 100
Interesting result, best wishes!
Can you share your 4 strategies ideas?
Just an opinion. Based on research
  • #1,645
  • Sep 9, 2020 2:26am Sep 9, 2020 2:26am
Quoting since80808
{quote} Interesting result, best wishes! Can you share your 4 strategies ideas?
Of course dear, but not in this thread. We will open a new thread soon with the help of friends.
Money goes to the one who understands, not the one who rushes
  • #1,646
  • Sep 9, 2020 2:42am Sep 9, 2020 2:42am
  • #1,647
  • Sep 9, 2020 2:53am Sep 9, 2020 2:53am
Quoting Aliens
{quote} We will open a new thread soon
Hi,
Good news
Cheers
jf
  • #1,648
  • Sep 9, 2020 2:55am Sep 9, 2020 2:55am
Quoting since80808
{quote} Interesting result, best wishes! Can you share your 4 strategies ideas?
For example look at EURGBP now. price reached to strong weekly resistance and we have a fake breakout and most of traders will buy here but it's wrong because we are on trick form market makers.
after that look at RSI in H4 time frame, RSI is 86 and we have a big reversal.
at the end look at H1 time frame. if price break that level and close below it we can use magic 100 strategy to sell this pair
So dont need to wait for EMA100 Good luck
This is for H1 time frame only not M5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 209 KB
Click to Enlarge Name: 2.jpg Size: 209 KB
Money goes to the one who understands, not the one who rushes
  • #1,649
  • Sep 9, 2020 4:09am Sep 9, 2020 4:09am
Quoting ingo3344
{image}
the link is not clickable to download it.. the indi
  • #1,650
  • Sep 9, 2020 4:10am Sep 9, 2020 4:10am
Quoting Aliens
{quote} For example look at EURGBP now. price reached to strong weekly resistance and we have a fake breakout and most of traders will buy here but it's wrong because we are on trick form market makers. after that look at RSI in H4 time frame, RSI is 86 and we have a big reversal. at the end look at H1 time frame. if price break that level and close below it we can use magic 100 strategy to sell this pair So dont need to wait for EMA100 Good luck This is for H1 time frame only not M5 {image} {image}
That makes sense. Are you waiting for a H1 candle to close below the weekly resistance line?
  • #1,651
  • Sep 9, 2020 4:16am Sep 9, 2020 4:16am
Quoting Aliens
{quote} For example look at EURGBP now. price reached to strong weekly resistance and we have a fake breakout and most of traders will buy here but it's wrong because we are on trick form market makers. after that look at RSI in H4 time frame, RSI is 86 and we have a big reversal. at the end look at H1 time frame. if price break that level and close below it we can use magic 100 strategy to sell this pair So dont need to wait for EMA100 Good luck This is for H1 time frame only not M5 {image} {image}
When I place the weekly resistance line it is at 0.9104, and then on H1 it has already closed under that line.
Is your purple line the same on both TFs?
Attached Image (click to enlarge)
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  • #1,652
  • Sep 9, 2020 4:38am Sep 9, 2020 4:38am
Quoting sagi
{quote} When I place the weekly resistance line it is at 0.9104, and then on H1 it has already closed under that line. Is your purple line the same on both TFs? {image} {image}
No, in the second photo, the support line is lower
Money goes to the one who understands, not the one who rushes
  • #1,653
  • Sep 9, 2020 4:49am Sep 9, 2020 4:49am
Quoting Aliens
{quote} No, in the second photo, the support line is lower
what is your take on EU?
  • #1,654
  • Sep 9, 2020 4:58am Sep 9, 2020 4:58am
Quoting Aliens
{quote} No, in the second photo, the support line is lower
HOw did you get that lower support line? and at what price is it? Is it at 0.9089?
  • #1,655
  • Sep 9, 2020 5:07am Sep 9, 2020 5:07am
Quoting youngjosh
{quote} what is your take on EU?
I have no idea about that right now because I might be wrong
Money goes to the one who understands, not the one who rushes
  • #1,656
  • Sep 9, 2020 5:08am Sep 9, 2020 5:08am
Quoting sagi
{quote} HOw did you get that lower support line? and at what price is it? Is it at 0.9089?
Last Swing on H1 time frame
Money goes to the one who understands, not the one who rushes
  • #1,657
  • Sep 9, 2020 9:36am Sep 9, 2020 9:36am
youngjosh, please copy once out of the forum
  • #1,658
  • Edited 11:52am Sep 9, 2020 11:18am | Edited 11:52am
Quoting Aliens
{quote} Of course dear, but not in this thread. We will open a new thread soon with the help of friends.
We will be so grateful.
  • #1,659
  • Sep 9, 2020 11:23am Sep 9, 2020 11:23am
Quoting flashpaul
{quote} We should be so grateful.
Of course with your help
Money goes to the one who understands, not the one who rushes
  • #1,660
  • Sep 10, 2020 2:29am Sep 10, 2020 2:29am
Quoting Aliens
{quote} For example look at EURGBP now. price reached to strong weekly resistance and we have a fake breakout and most of traders will buy here but it's wrong because we are on trick form market makers. after that look at RSI in H4 time frame, RSI is 86 and we have a big reversal. at the end look at H1 time frame. if price break that level and close below it we can use magic 100 strategy to sell this pair So dont need to wait for EMA100 Good luck This is for H1 time frame only not M5 {image} {image}
Ahhh...the good, old counter trend trade. Where traders hurt the most
Pressure shapes Legends
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