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  • #1,216,561
  • Jun 27, 2022 3:28pm Jun 27, 2022 3:28pm
Quoting Robinhood1
{quote} That is the established old fashion way. You know i am 58 years old and when a member addresses to me as "old man" he should distinguish about physically and mentally as far as trading. My technique is innovative. who is the old man here?
But I suspect that even with your system, trend direction is TF dependent.
To free Gazans of Hamas, use whatever it takes.
  • #1,216,562
  • Jun 27, 2022 4:05pm Jun 27, 2022 4:05pm
Quoting DrDave
{quote} But I suspect that even with your system, trend direction is TF dependent.
Nop
POSTMASTER
  • #1,216,563
  • Jun 27, 2022 4:14pm Jun 27, 2022 4:14pm
Its about spoting the extra wave and then looking at bigger tf to see where it came from and going to. ie is the 1h tf showing 3 waves down prior to the extra wave? no, ok lets check 2h tf and so on. So i donīt rely on trends but after a signal(extra wave) check the big picture. Now, the most dificult part is working out true and fake waves.

I will show you an extreme wave proportion.

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POSTMASTER
  • #1,216,564
  • Jun 27, 2022 4:18pm Jun 27, 2022 4:18pm
Licenciado, do i get the job or not? you know my pretentions
POSTMASTER
  • #1,216,565
  • Jun 27, 2022 4:26pm Jun 27, 2022 4:26pm
Quoting Robinhood1
Audcad. A few pips away for wave 1 to be completed on 2h tf on its way up. Note. The second green dot is not necessaraly the end of wave 2 where i plotted it. {image}
See, once i detected the extra wave (still in process) i could workout the bigger TF. It normally breaks the low or high, in this case will bethe low making a 4t wave on the 2h tf.

audcad
POSTMASTER
  • #1,216,566
  • Jun 27, 2022 10:24pm Jun 27, 2022 10:24pm
EU

The 86 MA is playing its part at this point. Looking back nothing special but as a turning point could be. It started off as a support and now a resistence. Lets see if it holds.

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POSTMASTER
  • #1,216,567
  • Jun 27, 2022 11:24pm Jun 27, 2022 11:24pm
Quoting Robinhood1
{quote} I hope its accordingly with natural law otherwise you run the risk that in the hands of the lobbyīs hostile algorithm will decode it for you and the system will end. I do not loose more than what is fair and that each one do their studies. cheers
Thanks for the advise.
I have tested my formula many times for many years, it's keeping me safe till now and I will enter a trade whenever I feel confident. So far, I am good and happy with the formula I have. Frankly, I am not a news trader, I am more to candlestick analysis, where every candlestick has a good story to tell, I also use my own calculation to to go along with the candlesticks.
  • #1,216,568
  • Jun 27, 2022 11:42pm Jun 27, 2022 11:42pm
I'll try buy (Im not sure with S1)
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Trendlines H1,H4, SMC
  • #1,216,569
  • Jun 28, 2022 12:22am Jun 28, 2022 12:22am
EURUSD is in an uptrend unless it breaks 0551/54. The blue shaded areas are lower timeframe pivots (a break, or a bounce inside the range again expected).

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Looking for profitable short term trades ...|
  • #1,216,570
  • Jun 28, 2022 12:26am Jun 28, 2022 12:26am
Wife beating husband with a sandal

Hey where did that wave come from, it's not in Elliott theory
  • #1,216,571
  • Jun 28, 2022 12:27am Jun 28, 2022 12:27am
Quoting Js3mwtRc
EURUSD is in an uptrend unless it breaks 0551/54. The blue shaded areas are lower timeframe pivots (a break, or a bounce inside the range again expected). {image}
After achieving last week high Price is taking a break
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  • #1,216,572
  • Jun 28, 2022 12:31am Jun 28, 2022 12:31am
Quoting PatienceFx
{quote} After achieving last week high Price is taking a break {image}
This will explain better
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  • #1,216,573
  • Jun 28, 2022 12:32am Jun 28, 2022 12:32am
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The Average Discount Everything
  • #1,216,574
  • Jun 28, 2022 12:34am Jun 28, 2022 12:34am
Quoting PatienceFx
{quote} After achieving last week high Price is taking a break {image}
We may see 0627 today, or tomorrow, unles a downside break happens - because of energy and war for the last.
Looking for profitable short term trades ...|
  • #1,216,575
  • Jun 28, 2022 12:52am Jun 28, 2022 12:52am
I think i am the only one betting for a downtrend? not counting members who state up or down.
POSTMASTER
  • #1,216,576
  • Jun 28, 2022 12:57am Jun 28, 2022 12:57am
Quoting Robinhood1
I think i am the only one betting for a downtrend? not counting members who state up or down.
In that case, the drop will be nice as 99% are up bias.
POSTMASTER
  • #1,216,577
  • Jun 28, 2022 1:01am Jun 28, 2022 1:01am
Just before this last high yesterday, members were calling for a drop mainly. Its amazing the psychology bit into it.
POSTMASTER
  • #1,216,578
  • Jun 28, 2022 1:04am Jun 28, 2022 1:04am
Just went long for a quick 60 pips

gbpnzd
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POSTMASTER
  • #1,216,579
  • Jun 28, 2022 1:09am Jun 28, 2022 1:09am
EU. 1st wave on 5m tf to the downside began forming.
POSTMASTER
  • #1,216,580
  • Jun 28, 2022 1:23am Jun 28, 2022 1:23am
Quoting Js3mwtRc
{quote} We may see 0627 today, or tomorrow, unles a downside break happens - because of energy and war for the last.
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