Jun 16 Tokyo Open 9am - Nice moves with volume, - when H1 follow the H4, {image}
Kiwi NU Jun16 *CONTINUATION*
- when H4 turn in the same direction of the Daily
-
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,241
- Jan 15, 2024 8:54pm Jan 15, 2024 8:54pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Kiwi NU Jun16 *CONTINUATION*
- when H4 turn in the same direction of the Daily
-
...
- #145,242
- Jan 15, 2024 10:03pm Jan 15, 2024 10:03pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Jun 16 London 6am
- new 4Hr trade window
...
- new 4Hr trade window
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,243
- Jan 15, 2024 10:05pm Jan 15, 2024 10:05pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Jun 16 London 6am - new 4Hr trade window {image} ...
- Stoch above 80-level ... check higher timeframe !
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,247
- Jan 16, 2024 3:15pm Jan 16, 2024 3:15pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} USDCHF Jun16 H4 continuation - Stoch above 80-level ... check higher timeframe ! {image}
...
- plan your trade, trade you plan
- start your trading day with Daily candle price action
USDCHF Daily Inside Bar breakout !
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,248
- Jan 16, 2024 3:29pm Jan 16, 2024 3:29pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} Kiwi NU Jun16 *CONTINUATION* - when H4 turn in the same direction of the Daily - {image} {image}
...
NU Jun17
- Market Type and Price Action are leading indicators
- all the nonsense beliefs in lagging oscillators' over-bought and over-sold and market will reverse will be certain you will fail
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,249
- Jan 16, 2024 3:45pm Jan 16, 2024 3:45pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} NU Jun17 - Market Type and Price Action are leading indicators - all the nonsense beliefs in lagging oscillators' over-bought and over-sold and market will reverse will be certain you will fail {image} ... {image}
NU Jun17 review
- start your trading week with your Weekly Top Down Analysis #647
- plan your trade, trade you plan
- start your trading day with Daily candle price action
> Price Action
> Arjun candle 10EMA
> price action pulled back at the Daily Master Candle high ...
> BRN/RN play ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,250
- Jan 16, 2024 4:49pm Jan 16, 2024 4:49pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} my dear im not asking about hidden divergence,i was asking about The hiddden pending trade EA. what you are saying is absolutely true as well.
he is a new trader with less than 3 years trading experience.
he blindly jump at the word 'hidden EA' and jumped to his conclusion which is wrong.
he had not learn what is hidden and regular divergence with the RSI and how to pick the correct divergence with post #647 price action ...
price action vs oscillator divergence will not work out is most cases in sideways market type conditions ...
when trading sideways ranging market type conditions, the Stoch(8,3,3) is a better tool to use and to confirm a setup with PA vs Osc divergence ... and the RSI will confirm the setup , that is just one way to pick the best setup.
bythepound... The 5 method is my favorite because more trades come along. Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,252
- Jan 16, 2024 9:11pm Jan 16, 2024 9:11pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
shorting Audjpy {image}
Using one of the OP' old template and blending it with TMS Histogram ... red zone now,
there is a good setup ,,, with the recent swing high + True REVERSAL
AJ market type is sideways narrowing range,
- there is opportunity for a big move +9R to +12R trade,
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,253
- Jan 16, 2024 10:28pm Jan 16, 2024 10:28pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Trading made Simple 5-Method for all you gals/guys with day jobs
> trade once every 4Hr
AU Jun 17 4Hr London 6am
post #647 Price Action ... small candle, big candle,
> Bearish Engulfing Outside Bar BEEOB
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,254
- Jan 16, 2024 11:50pm Jan 16, 2024 11:50pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
shorting Audjpy {image}
As of TMS, the previous high was retested earlier but rejection was weak. Downswing probability is not high.
TMS traders looking for buy can wait and enter at next retest. that is why I hope your sell can take some profit first.
- #145,255
- Jan 17, 2024 12:25am Jan 17, 2024 12:25am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} I hope your trade will go well. As of TMS, the previous high was retested earlier but rejection was weak. Downswing probability is not high. TMS traders looking for buy can wait and enter at next retest. that is why I hope your sell can take some profit first. {image}
Keep It Simple:
Zoom out on your chart and look farther left and see the big picture.
H4
Daily
Weekly
Nothing will happen as log as the Weekly remain within its PAC high-low .... that is narrow range sideways market type conditions.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,256
- Jan 17, 2024 12:47am Jan 17, 2024 12:47am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} Keep It Simple: Zoom out on your chart and look farther left and see the big picture. H4 {image} Daily {image} Weekly {image} Nothing will happen as log as the Weekly remain within its PAC high-low .... that is narrow range sideways market type conditions. ...
AJ Jan17 London 08:45am
- Daily is sideways ... yesterday was Doji !
- waiting for Tokyo to close then watch what happens,
> you got to pick the best A+++ setup
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,257
- Jan 17, 2024 1:03am Jan 17, 2024 1:03am
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #145,260
- Jan 17, 2024 1:48pm Jan 17, 2024 1:48pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} I hope your trade will go well. As of TMS, the previous high was retested earlier but rejection was weak. Downswing probability is not high. TMS traders looking for buy can wait and enter at next retest. that is why I hope your sell can take some profit first. {image}
AUDJPY follow up
