Again on the E.W. path
Emotions vs Rules
CRB Alien!! 215 replies
MT5 indicators for Alien’s trading systems 40 replies
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Systems, Systems and Systems... 1 reply
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Disliked{quote} O I see, I thought that elliot wave analysis would bring order to MTF analysisIgnored
Disliked{quote} imagine keeping track of the elliot waves pattern in 6 or 7 simultaneous different charts... its easy to get lost... you can get lost on the different timings on each wave development.. also counting waves is abstract art of trading... we should be aware of the nature of things in life as so the nature of the market and its waves... but i think a trader should focus on the more practical and technical part of analyze so it makes the trading plan more clear when to enter and exit the marketIgnored
Disliked{quote} Too bad I got out to early, my exit strategy is a mess. Yeah i see where you coming from, it is indeed some what abstract, all thou the 61.8 level helps me.{image}Ignored
Disliked{quote} fibonacci levels are special indeed.. i try to incorporate them on that s/r levels you see on the chart... its pivots day vs fibonacci... they can be used as tp points and important support and resistances areas...Ignored
Disliked{quote} BTCEUR M15 update another breakout... price seemed like it was respecting that line.. it broke the line then it went to test the line again and the emas creating another entry short... {image}Ignored
Disliked{quote} BTCEUR M15 update getting close to first support round number 38.000.... {image}Ignored
Disliked{quote} BTCEUR M15 update it broke support 38.000 with volume showing the sentiment behind the traders... they are bearish and reacted with volume... price is testing 38.000 again as resistance for now... {image}Ignored
Disliked{quote} i wanted to say testing 40.000 resistance for now and repeted the number when writing... sorry for my english im trying my best maybe the 3 sto even helps more to see along with the price and the areas where it is... {image}Ignored
Disliked{quote} and also the horizontal lines for support and resistances should be on the base of the candles not wicks... for other lines for ex for breakouts its more subjective it should try to touch the most candles possible so that most traders see it and validate also... {image}Ignored
Disliked{quote} EURNZD H1 update price is going for its support 1.6500.... {image}Ignored