Disliked{quote} Can you show haw you used the Quartile for others to see...ThanksIgnored
Gonna be checking it today as well rather than getting sucked into too much divergence like a lot of people are.
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Disliked{quote} Can you show haw you used the Quartile for others to see...ThanksIgnored
Disliked{quote} Yeah sure boss. I read the Quartile thread twice as its quite small and wanted to have a play with so waited on the M1 for a range to form as per the picture and put the Quartile over the range thinking this aint going all the way down there surely? And there it went. I didnt put any trades on, just tinkering with it so far. Gonna be checking it today as well rather than getting sucked into too much divergence like a lot of people are. {image}Ignored
Disliked{quote} Could say the same about this M15 range. Gonna either go up or down. H4 has found bear support. H1 is below the EMA so my bias is short at the moment. {image}Ignored
Disliked{quote} Don't form opinions, trade a plan. Here I have the 15 min drawn up for you. It begins with a 25% (1 Quartile) from the swing low. Then look for the most obvious target. Could be the 1-hour EMA or the daily pivot. Whichever comes first and makes your profit. {image}Ignored
Disliked{quote} I am struggling to find a reason to go long where you did today Alan. Here on the M5 we have the quartile from high to low. M5 Bear support is low down and we are below the H1 EMA. Bear support doesnt hold and M5 EMA is close by, maybe wait until the EMA is broken and we get Bull support for a long entry. Just gonna check the M1 again. {image}Ignored
Disliked{quote} Where I put the circle was the 108 period. It was a bull RSI div returning the price to the EMA but the bulls couldn't find support instead creating an ABCD. I did the math to get the exact ABCD target thinking it may have hit, alas it did hit but took its sweet time about it. Glad I went to bed. {image}Ignored
Disliked{quote} The M5 chart showed RSI divergence for several candles prior to the reversal. Maybe you noticed the low point from the previous day and considered that as a zoo point along with rsi 14 being very low. On the M1 we can see the reversal point followed by bull support with retest. {image} {image}Ignored
Disliked{quote} for me the reversal point was the h1 ema swing low around 1,11165; the h1 crossed it in a hd while the m5 made an rsi/rsi divergence at that line. You could have entered that m5 div with a small sl, or the next candle gave an 2lb entry. Later on, the m5 gave more possible long entries.Ignored
DislikedDear master Alan! How is my ABCD target? Please help me correct it, thanks. {image}Ignored