DislikedHello, i post my analyse on monthly gold with parabolas and volumes {image}Ignored
Would it be possible to share the indicator that draws those channels?
{quote} Thats an interesting chart, but it’s monthly which can mean some big swings either way.....do you also use the set up on smaller time frames?
yes, it can be used on all timeframe, but i prefer on daily/weekly/monthly actually using longterm view from bottom or top of instrument, to get the same reference of all investors, if you understand.
i have too insered the volumes (not showed on picture) to be confirmed by volumes in the right way.
And the channel can let to see green line where it accelerates the slope in the right direction for breakout opposite, or red when it deccelerates for continuation.
like showed my previous post.
- #4,905
- Oct 4, 2022 4:50pm Oct 4, 2022 4:50pm
- Joined Mar 2009 | Status: Trader | 2,571 Posts
It’s obvious it gave you some clear direction for London, NY sessions...good post!!!
- #4,909
- Edited 7:45am Oct 5, 2022 7:09am | Edited 7:45am
- Joined Jan 2012 | Status: Trader | 1,862 Posts
Dax40,M1,45, LondonSession-Orange
-------------------------------
edit 14:13 MESZ
DAX short
tp see H4, left side
-------------------------------
edit 14:13 MESZ
DAX short
tp see H4, left side
- #4,910
- Oct 5, 2022 9:59am Oct 5, 2022 9:59am
- Joined Mar 2009 | Status: Trader | 2,571 Posts
Always good to keep a 15 minute chart running on the side....and this is a good example of the power of swing versus scalping....I was sleeping when the MM drove price up to 15, triggering a huge 250 pip move south...and all of it as clear as a bell when paying attention to the powerful 1 x 1 diagonal...just posting as an example, Im still flat on the market until there is a retrace if there is one..
- #4,911
- Oct 5, 2022 10:08am Oct 5, 2022 10:08am
- Joined Jan 2012 | Status: Trader | 1,862 Posts
Dax40.cash H4(left); M1
expect lower tomorrow, ?12.280?. see H4
Let's follow M1
Let's follow M1
- #4,915
- Oct 5, 2022 7:30pm Oct 5, 2022 7:30pm
- Joined Mar 2009 | Status: Trader | 2,571 Posts
Nice retrace to the 50% level...going to build some shorts around here...(with fairly tight stops as there may be some more upside, we shall see....also note the area highlighted...that was the long for the day as price bounced off the guess what?? Yes, the 1 x 1 lol
- #4,917
- Oct 6, 2022 2:18am Oct 6, 2022 2:18am
- Joined Jan 2012 | Status: Trader | 1,862 Posts
DAX40, M1
?12.700? (short term)
?12.700? (short term)
- #4,918
- Edited 7:33am Oct 6, 2022 6:55am | Edited 7:33am
- Joined Jan 2012 | Status: Trader | 1,862 Posts
News today and tomorrow (and further on):
especially unemploiment US-Market has to come down, $ has to come down for Indices rising
see day, and higher to come in
I expect rising indices for about next 10 days if (US)employment is tending down, and EURUSD does not fall rapidly.
That's not the end of falling down, to find the ground needs some more weeks.
See intraday view of Dax40cash PreNY, try of 13.100
Take care, I'm going into hibernation now
especially unemploiment US-Market has to come down, $ has to come down for Indices rising
see day, and higher to come in
I expect rising indices for about next 10 days if (US)employment is tending down, and EURUSD does not fall rapidly.
That's not the end of falling down, to find the ground needs some more weeks.
See intraday view of Dax40cash PreNY, try of 13.100
Take care, I'm going into hibernation now
- #4,920
- Oct 6, 2022 9:23am Oct 6, 2022 9:23am
- Joined Mar 2009 | Status: Trader | 2,571 Posts
Going to pause here for a bit, some nice coin overnight and a beautiful 30 pip short just an hour ago, not sure if we see a bounce again off the 1 x 1 or just what might happen...usually the market is a bit sluggish 48 hours before NFP///time will tell...
