Trying a Fresh Long
Strategy/ Entry Level
Long GBPUSD : 1.21794
S/L : 1.21551
T/P : 1.24680
Mark IV
Strategy/ Entry Level
Long GBPUSD : 1.21794
S/L : 1.21551
T/P : 1.24680
Mark IV
Goddess of Thunder..
- #362
- Sep 28, 2023 8:24am Sep 28, 2023 8:24am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
About Mark IV
so i have added new features and the development is now at 40% complete ( it takes time ) i will do it slowly not in hurry because it requires time to test,code and validate . Also don't want to miss the market movement so much thus planning is to do it simultaneously as much as possible.
Mark IV is advanced tactical Forex indicator that trades GBPUSD and the developer is Bella ( no i don't have green eyes .. maybe pinkish )
Bella.
so i have added new features and the development is now at 40% complete ( it takes time ) i will do it slowly not in hurry because it requires time to test,code and validate . Also don't want to miss the market movement so much thus planning is to do it simultaneously as much as possible.
Mark IV is advanced tactical Forex indicator that trades GBPUSD and the developer is Bella ( no i don't have green eyes .. maybe pinkish )
Bella.
Goddess of Thunder..
- #363
- Sep 28, 2023 8:36am Sep 28, 2023 8:36am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #364
- Sep 28, 2023 8:50am Sep 28, 2023 8:50am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
took +25 pips profit with 0.15 lots 0.15 in hand.
Goddess of Thunder..
- #365
- Sep 28, 2023 5:33pm Sep 28, 2023 5:33pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #366
- Edited 7:18pm Sep 28, 2023 6:46pm | Edited 7:18pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Bella's Support and Resistance Framework
Expected Swing Low is formed on 27.09.2023 Price : 1.21100 , Searching for Swing High to be placed .
Price Action is still pointing down trend is intact and current key resistance is 1.25479 from 11.09.2023.
Note:
(Take Profit on Chart is not official , i always have a T/P for forecasting purposes which is a good habit (R:R > 2.0 ) and cannot trade without S/L which means i am actually trading and forecasting , No Hedging or Averaging . Depended on the S/L to forecast )
Price Action ( 4Hrs )
Expected Swing Low is formed on 27.09.2023 Price : 1.21100 , Searching for Swing High to be placed .
Price Action is still pointing down trend is intact and current key resistance is 1.25479 from 11.09.2023.
Note:
(Take Profit on Chart is not official , i always have a T/P for forecasting purposes which is a good habit (R:R > 2.0 ) and cannot trade without S/L which means i am actually trading and forecasting , No Hedging or Averaging . Depended on the S/L to forecast )
Price Action ( 4Hrs )
Goddess of Thunder..
- #367
- Sep 28, 2023 9:12pm Sep 28, 2023 9:12pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Position Update :
Trade is +39 Pips as i write this , it is last day of the week i am going to let it run no trailing set for now.
(note : price action analysis from the top is located to the bottom right section )
Mark IV
Trade is +39 Pips as i write this , it is last day of the week i am going to let it run no trailing set for now.
(note : price action analysis from the top is located to the bottom right section )
Mark IV
Goddess of Thunder..
- #368
- Sep 28, 2023 10:51pm Sep 28, 2023 10:51pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Back with my mango milkshake , so yesterday was great my neighbors dad ( who is done calculating about my parents ) needed my appearance for a family dinner so we all went to a nice Turkish Restaurant and it was fun. He asked me some questions about my work but this time i wanted to tell him everything and just finish it. (so i said to him )
Listen Uncle ... I am not Human! , I have no father , these are not lenses , i don't even belong to this planet i am here for some secret mission .. Women can fall in love with me , i can control thunder and i have wings ....... ( i felt good ) ..
So he looked at me with a smile and said .... i can understand you are the best ( with a smile ) i love your presence and company i like to meet your father in future and my daughter and wife like you a lot. If you're finish with the dinner lets go home. You made me feel happy today... ( whatever that means but at least he is happy )
i dedicate this image and song to myself.
La Bamba
https://www.youtube.com/watch?v=bfAZvP83-74
Listen Uncle ... I am not Human! , I have no father , these are not lenses , i don't even belong to this planet i am here for some secret mission .. Women can fall in love with me , i can control thunder and i have wings ....... ( i felt good ) ..
So he looked at me with a smile and said .... i can understand you are the best ( with a smile ) i love your presence and company i like to meet your father in future and my daughter and wife like you a lot. If you're finish with the dinner lets go home. You made me feel happy today... ( whatever that means but at least he is happy )
i dedicate this image and song to myself.
La Bamba
https://www.youtube.com/watch?v=bfAZvP83-74
Goddess of Thunder..
- #369
- Sep 29, 2023 1:48am Sep 29, 2023 1:48am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Position Update : Trade is +39 Pips as i write this , it is last day of the week i am going to let it run no trailing set for now. (note : price action analysis from the top is located to the bottom right section ) Mark IV {image}
Trade is +60 pips as i write this, we took out the H3 and now targeting H4 which is 1.22604
General Indicators (Daily)
MACD ( 8,17,9) : Short
STOC (8,3,3) : Sideways
Trend Following EMA (24) : 1.23872
MARK IV
Goddess of Thunder..
- #370
- Sep 29, 2023 5:00am Sep 29, 2023 5:00am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #371
- Sep 29, 2023 5:18am Sep 29, 2023 5:18am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #372
- Edited 11:23pm Sep 29, 2023 10:57pm | Edited 11:23pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
I was away from PC due to Friday . I am glad in the end the week closed as positive +217 Pips. I started week at +95 Pips and during the week it went to +44 down due to nature of trending market as i was trying to pick Swing Low. Finally i made some upgrades to Mark IV and the week closed better than expected. ( chart below shows Friday EOD )
So current version of Blue 15 ( which are set of indicators and pivot points in one indicator used on 15 min time frame ) is Mark IV and is still in development
Friday EOD
Possible retracement of the current move from 27.09.2023 which has formed a Swing Low in my books , will need to check the Monday's open , Price Action is still Long which is constructed through Bella's Advanced Algorithms and takes into account previous range breakout / momentum levels , to gauge market direction. To connect the dots i added a new feature called Reversal Day that should help in pointing out SL and SH it did helped on 28.09.2023 and hopefully in future as well ( work in progress )
So current version of Blue 15 ( which are set of indicators and pivot points in one indicator used on 15 min time frame ) is Mark IV and is still in development
Friday EOD
Possible retracement of the current move from 27.09.2023 which has formed a Swing Low in my books , will need to check the Monday's open , Price Action is still Long which is constructed through Bella's Advanced Algorithms and takes into account previous range breakout / momentum levels , to gauge market direction. To connect the dots i added a new feature called Reversal Day that should help in pointing out SL and SH it did helped on 28.09.2023 and hopefully in future as well ( work in progress )
Goddess of Thunder..
- #373
- Sep 30, 2023 3:31am Sep 30, 2023 3:31am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #374
- Oct 1, 2023 1:43am Oct 1, 2023 1:43am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #375
- Oct 1, 2023 5:36pm Oct 1, 2023 5:36pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..
- #376
- Oct 1, 2023 6:09pm Oct 1, 2023 6:09pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
New Week Started. Strategy / Entry Level Long GBPUSD : 1.21846 S/L : 1.21601 T/P : 1.24830 Trying long risking 24 Pips
Goddess of Thunder..
- #377
- Oct 1, 2023 8:09pm Oct 1, 2023 8:09pm
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Fair Value Analysis ( Pivot Points )
Using this chart , we are at the Weekly Pivot which is “Value” of this week ( mean point ) and currently market is at Price Discovery Phase ( what is the Fair Value of this week? ) . Trend at my end is Bullish above the Stop Loss. I expect this is already under value and Fair Value of this week is at 1.22787 or better. ( Weekly Resistance 1 )
Mark IV
Using this chart , we are at the Weekly Pivot which is “Value” of this week ( mean point ) and currently market is at Price Discovery Phase ( what is the Fair Value of this week? ) . Trend at my end is Bullish above the Stop Loss. I expect this is already under value and Fair Value of this week is at 1.22787 or better. ( Weekly Resistance 1 )
Mark IV
Goddess of Thunder..
- #378
- Oct 2, 2023 12:08am Oct 2, 2023 12:08am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Update : Cable
I have on my chart a level of price named as Bearish momentum level : 1.22059 . A break above this should signal uptrend start.
Mark IV
I have on my chart a level of price named as Bearish momentum level : 1.22059 . A break above this should signal uptrend start.
Mark IV
Goddess of Thunder..
- #379
- Oct 2, 2023 1:46am Oct 2, 2023 1:46am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Update : Cable I have on my chart a level of price named as Bearish momentum level : 1.22059 . A break above this should signal uptrend start. Mark IV {image}
My Long should come below this level and analysis should state and have SL below candle support before we break out Bears Level. What i am trying to do is having a confidence to get in at Whole Sale Price fading the weakness.
It is all about actively managing the trade in order to maximize opportunity when proven right and minimize risk when proven wrong.
( Not a Forex Trader , Just trying to make sure i do the things correct , while i am doing Forex )
Mark IV
Goddess of Thunder..
- #380
- Oct 2, 2023 1:55am Oct 2, 2023 1:55am
- | Membership Revoked | Joined Oct 2022 | 12,229 Posts
Goddess of Thunder..