Eurcad is looking good, it's forming a continue, watch out 4 a long coming
1
- #131,706
- May 9, 2022 10:15pm May 9, 2022 10:15pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #131,710
- May 9, 2022 11:16pm May 9, 2022 11:16pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Eurcad is looking good, it's forming a continue, watch out 4 a long coming
I am watching this pair from my Group#2
Group#2
EURAUD
EURNZD
EURCAD
EURCHF
EURGBP***
EURCAD May10
- has WCC in control
- Weekly reaction at its 10EMA
- Daily reaction at it 50EMA
- H4 Price Action around its 200EMA and WCC high
* risk is the MN is downtrend therefore all these happening is corrective moves
>>> Power of 10EMA
break above would be nice to add-on and build positions.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,711
- May 10, 2022 12:05am May 10, 2022 12:05am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #131,712
- May 10, 2022 12:23am May 10, 2022 12:23am
{quote}
Thank You,
- #131,713
- May 10, 2022 12:43am May 10, 2022 12:43am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,714
- May 10, 2022 12:47am May 10, 2022 12:47am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote}
For those of you who are developing and testing your own version of TMS MEME,
you can consider to use M5 signals to add-in more positions after you have initiated your first buy entry. First check your previous last order entry and use the ADR(100) days , use 0.5ADR(100) as the order distance. You can use 0.25ADR(100) for more aggressive trading.
Remember to use time-delay and space out your add-on Multiple Entries from the last entry. I use a time delay of 4 hours as default to avoid having too many entries in one day.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,715
- May 10, 2022 5:17pm May 10, 2022 5:17pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote}
[attach]EURCAD May10 H4 pipware...
EURCAD May11 Update;
- not much has happen as H4 went sideways,
- those who have learned Dean Malone' TDI well can tell you how the TDI has all the warning signs of potential sideways market type based on the price action
> it can still break either way when there is a big event
> you can look at the Daily recent swing highs farther left and
> the Monthly 10EMA
>>>more on the Power of 10EMA see this old posts :
https://www.forexfactory.com/thread/...42#post8950642
https://www.forexfactory.com/thread/...46#post8598146
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,716
- May 10, 2022 5:26pm May 10, 2022 5:26pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} EURCAD May11 Update; - not much has happen as H4 went sideways, - those who have learned Dean Malone' TDI well can tell you how the TDI has all the warning signs of potential sideways market type based on the price action > it can still break either way when there is a big event > you can look at the Daily recent swing highs farther left and > the Monthly 10EMA {image} >>>more on the Power of 10EMA see this old posts : https://www.forexfactory.com/thread/...42#post8950642 https://www.forexfactory.com/thread/...46#post8598146...
another view of EURCAD Daily
- anything can happen
- if Daily breaks above WCC High 1.3760 and its 50MA, there's room for higher targets
> the 200EMA will eventually catches up with the Price, but the real question is how long will that take, we have until end-of-2022.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,717
- May 10, 2022 5:39pm May 10, 2022 5:39pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} And here is a summary of what to do by 2scoops post 191 A trade should be placed as soon as possible to the open of the new candle (when TDI cross has occurred and you have confirmed the market isn't in consolidation also watch out for entering trades in the direction of close support and resistance areas). ///
post 191
"A trade should be placed as soon as possible to the open of the new candle (when TDI cross has occurred and you have confirmed the market isn't in consolidation also watch out for entering trades in the direction of close support and resistance areas)."
LOL Fake'Dr'Dave
You are that same newbie simpleton who were posting in Big E old thread since July 2011.
You quoted a post by oldest member 2scoops who also posted in that old thread since its beginning.
Why would anyone here want spend their time to learn from someone who has given up trading Big E' 5-Method years ago?
No wonder you are still losing money like the 95% of retail traders.
1) do you know that the OP Big E considered 2scoop to be AAA+ trader?
2) do you know that 2scoops gave up on the 5-Method Dec2016?
#7084
2scoops profile
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,718
- May 10, 2022 5:48pm May 10, 2022 5:48pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} US Markets May 06 trade closed - relatively an easy day to trade the follow through of the previous day sell off - 3 setups , 4 entries x 4 exits and close the day with good money Big E' Post#7555 {image}
US Markets May09 trade closed
> when the market is 'super-hot' you must take advantage and make more money than the usual Big E' $500-$1000 per evening #557 and #7555
> it not every week that the markets trend run like crazy
> as investor/trader type, we re-invest banked-in profits and let our money work harder for us.
> I 're-invested' last week's profits and hit a few more home runs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,719
- May 10, 2022 5:54pm May 10, 2022 5:54pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} JPY Basket May09 H4 - still a waiting game to see when it will make a move above 8100 or below 8000 - be patient and look for the best setups like Big E. I look for A+++ setup which meet ten(10) criteria - note the retracement levels 50% and 61.8% of the last big move up from April 19 and 20, and its is narrowing price action now
{image}
JPYBakset May11 update:
- very slow moving yesterday after it broke the narrowing range
- only one position open
> doesn't look promising and may have to cut the position and hunt for the next pair
> a lot happening in Tokyo this week about ¥ easing, inflation,...
> play the BRN levels with Money Management
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #131,720
- May 10, 2022 5:59pm May 10, 2022 5:59pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} USDOLLAR May09 trade - will manage this trade with R and R-Multiples - 12800 is psych level to break if strong buyers jump in {image}
USDOLLAR May11 update:
- still holding open positions
- another slow moving start of the week
- if this week does not move up to 1290, I will have to cut these positions.
- no point locking my funds in slow moving pairs
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett