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  • #1,198,501
  • Aug 12, 2021 12:15am Aug 12, 2021 12:15am
Quoting RickM
{quote} Until the big volume comes it later, it’s a toss of the coin at present. I wouldn’t call it bullish until we get a strong imbalance signal. Until then it’s still bearish.
my system looks at h1 and above and tells me to consider shorts from 1850 ; till then i can long
  • #1,198,502
  • Aug 12, 2021 12:23am Aug 12, 2021 12:23am
Quoting PatienceFx
{quote} my system looks at h1 and above and tells me to consider shorts from 1850 ; till then i can long
1830 max
  • #1,198,503
  • Aug 12, 2021 12:33am Aug 12, 2021 12:33am
Quoting PatienceFx
{quote} long order taken, no sl {image}
1810 exit set, not being too greedy
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  • #1,198,504
  • Aug 12, 2021 12:39am Aug 12, 2021 12:39am
Quoting RickM
{quote} Until the big volume comes it later, it’s a toss of the coin at present. I wouldn’t call it bullish until we get a strong imbalance signal. Until then it’s still bearish.
finally discovered who is RickyM
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  • #1,198,505
  • Aug 12, 2021 12:42am Aug 12, 2021 12:42am
Quoting PatienceFx
{quote} my system looks at h1 and above and tells me to consider shorts from 1850 ; till then i can long
I am sure your system provides good profits from you.
I don’t trade time frame or price, rather trade liquidity pressure - meaning I buy if the buyers delta is moving price in a bullish direction.
On many occasions you can have bullish delta but bearish trend.
Trading thin liquidity at the boundary of the charts
  • #1,198,506
  • Aug 12, 2021 12:46am Aug 12, 2021 12:46am
try selling this H4 and Daily trend, you will love the Red Tomatoes
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  • #1,198,507
  • Aug 12, 2021 4:39am Aug 12, 2021 4:39am
Reasons why EU doesn't convince me yet on the bullish side. 50 SMA crossed down 200 & 100 SMA.

We are still in a. from a-b-c Elliott Wave correction.

Attached Image (click to enlarge)
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Looking for profitable short term trades ...|
  • #1,198,508
  • Aug 12, 2021 4:43am Aug 12, 2021 4:43am
Looks like a short right here.
  • #1,198,509
  • Aug 12, 2021 7:48am Aug 12, 2021 7:48am
The long-anticipated oversold relief rally! Now, sell the rally - 1.1160 look spry
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  • #1,198,510
  • Aug 12, 2021 8:15am Aug 12, 2021 8:15am
Quoting Js3mwtRc
Reasons why EU doesn't convince me yet on the bullish side. 50 SMA crossed down 200 & 100 SMA. We are still in a. from a-b-c Elliott Wave correction. {image}

I've always been fascinated by EWP but never been able to use it myself, too many 'sub-waves' and 'exceptions' and 'extensions of extensions'.
  • #1,198,511
  • Aug 12, 2021 9:31am Aug 12, 2021 9:31am
Attached Image (click to enlarge)
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  • #1,198,512
  • Aug 12, 2021 9:36am Aug 12, 2021 9:36am
Quoting PatienceFx
{image}
So we looking at spike down or will we head up to 1.178-1.180 territory?
  • #1,198,513
  • Aug 12, 2021 9:42am Aug 12, 2021 9:42am
Quoting JauntyLoon
{quote} I've always been fascinated by EWP but never been able to use it myself, too many 'sub-waves' and 'exceptions' and 'extensions of extensions'.
Yes me too. I only use the simple counts (1-2-3-4-5, A-B-C) and only when it is able to recognise them. Fibonacci retracements help!
Looking for profitable short term trades ...|
  • #1,198,514
  • Aug 12, 2021 10:18am Aug 12, 2021 10:18am
Quoting EvilEye
{quote} Not really. It conforms to one timeframe, but when it's trending hard away from heavy resistance it can throw dummy reversal entries. Otherwise it conforms to one timeframe - only that during that time frame it can make it's moves whenever it wants to. The trading terminal even helpfully delineates the timeframe for you.
ok. to each his/her own.

what timeframe is eu working to then? and as you say is constant?

what "trading terminal" do you refer? and how does this terminal work as discribed?

tia
In tea leaves we trust!
  • #1,198,515
  • Aug 12, 2021 1:22pm Aug 12, 2021 1:22pm
I lost my patience today. Nice range
  • #1,198,516
  • Aug 12, 2021 7:18pm Aug 12, 2021 7:18pm
Seems the price move on the range, based on the daily timeframe, the price is already in the lower band, this is support zone I think, meanwhile RSI level 38 and show flat line, expected long term reversal will occur next week.
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  • #1,198,517
  • Aug 12, 2021 8:07pm Aug 12, 2021 8:07pm
Quoting Erpthetrader
{image}
Can you share your indicators。
Can you share your order index。
  • #1,198,518
  • Aug 13, 2021 12:11am Aug 13, 2021 12:11am
Not so big range this week, 63 pips! Friday and August holidays will keep this pair flat.

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Looking for profitable short term trades ...|
  • #1,198,519
  • Aug 13, 2021 12:13am Aug 13, 2021 12:13am
Quoting dishui509
{quote} Can you share your indicators。 Can you share your order index。
his underwear works for him, because it fits his body

never try to share underwears, i mean indicators and trading strategies

try to develop your own strategy which suits your personal needs, it will work better
  • #1,198,520
  • Aug 13, 2021 12:19am Aug 13, 2021 12:19am
like on my chart using just two indicators i solved one basic problem every trader faces

  1. TREND
  2. VOLATILITY
  3. MOMENTUM

14 sma is trend, but i combined it with 14 BB to get both trend and volatility
14 rsi is a knwn momentum indicator

i do not need anything else

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