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Money moves the market, not an indicator.
- #541
- Jul 26, 2020 1:43pm Jul 26, 2020 1:43pm
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
- #544
- Aug 31, 2020 5:23pm Aug 31, 2020 5:23pm
- Joined Jul 2011 | Status: Gold Again | 10,569 Posts
Not so much an analysis of of EURNZD, more of a statement,
PRICE is the same on ALL time frames, are you trading daily or 2 hours or 15 minutes, no difference,
time frame is redundant concept
It takes a lot for me to IGNORE you, but you can try.
- #547
- Nov 20, 2020 4:22am Nov 20, 2020 4:22am
- Joined Jul 2011 | Status: Gold Again | 10,569 Posts
It takes a lot for me to IGNORE you, but you can try.
- #548
- Nov 20, 2020 4:42am Nov 20, 2020 4:42am
- Joined Aug 2018 | Status: Trader | 7,847 Posts
{quote} WOW, that actually would have worked for about 125 pips, the same level as the large candle that dropped Congratulations
I actually posted another one here that worked out really nice: https://www.forexfactory.com/attachm...9&d=1594885865
I wish there was an actual indy for it. As far as I know there isn't.
There is one by the PZ trading guy. It's a pay indy but it didn't draw those patterns at those times.
I actually contacted PZ a couple hours after I posted this one and asked if this particular one was drawn by his indy but he said my signal was false according to his indy.
Since then I downloaded a demo of that indy and I don't think it is drawing this pattern. It draws a pattern based on certain inputs but it's not this one.
Well, maybe one day someone will figure it out.
- #549
- Nov 20, 2020 5:05am Nov 20, 2020 5:05am
- Joined Jul 2011 | Status: Gold Again | 10,569 Posts
{quote} Thanks. I actually posted another one here that worked out really nice: https://www.forexfactory.com/attachm...9&d=1594885865 I wish there was an actual indy for it. As far as I know, there isn't. There is one by the PZ trading guy. It's a pay indy but it didn't draw those patterns at those times. I actually contacted PZ a couple of hours after I posted this one and asked if this particular one was drawn by his indy but he said my signal was false according to his indy. Since then I downloaded a demo of...
Your drawing skills are out there, to say the least
It takes a lot for me to IGNORE you, but you can try.
- #550
- Nov 20, 2020 6:31pm Nov 20, 2020 6:31pm
- Joined Aug 2018 | Status: Trader | 7,847 Posts
{quote} Yes, you are right, I have PZ, not used for a long time, did a quick check, not there, his cups are more jagged straight lines Your drawing skills are out there, to say the least
The pattern is a drawing I found on internet and it is superimposed on a screenshot of the graph.
I can overlay it on any graph.
The thing is that some ppl believe the pattern should be exactly 100% similar to this graph.
I'm more flexible. I ignore slight deviations.
If anyone actually makes a proper indy showing the pattern on a chart, I think they should use a few different variations of it to give it more of a chance to be detected.
- #551
- Nov 22, 2020 4:36am Nov 22, 2020 4:36am
- Joined Oct 2020 | Status: Trader | 1,707 Posts
LONG for me too 
EUR is getting strong & NZD is getting weak
EUR is getting strong & NZD is getting weak
- #553
- Dec 10, 2020 4:07am Dec 10, 2020 4:07am
- Joined Dec 2019 | Status: Going with the flow | 2,032 Posts
buy 
Emotional Control. Process, not outcome. 
