Nope it still going strong so will leave well alone for now.....!!!!
Next main resistance I think is last months high which is 150 pips away !!!!!!!!
Trailing the stop though may shorten it if there is some gapping to lock profit in
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DislikedWARNING...WARNING...WARNING...This indicator repaints!
The last three dots are subject to change (repaint); after that the dots will not change.
Therefore: this indicator is NOT for current time use, but very useful to show past levels of S & R. I like to zoom out on a Daily chart (or longer time frame) to identify the areas that have demonstrated support and/or resistance in the past. Enjoy!Ignored
thanks in advance
[quote=BeachBum;1594104]Initially it was my intention to only discuss PBs and a Fozzy-style indicator, but I have since decided to show how I use the basic 8 over 8 Fozzy indicator with other PA indicators.
Dislikedbeach, isnt this the same one wilf had posted on fozzy a few months back?Ignored
Dislikedlatecomer to this thread..Beach, if you dont mind, a couple of queries.
- if i have read you right, once a PB occurs, you wait for two days for fozzy cross to occur.. how rigid is that time frame for you?
- secondly i note that when a pb occurs you also take into account PA before PB. ie : if a PB indicating a sell occurs, you would tend to ignore it, if the candle(s) immediately before PB were already in the red? and vice versa for PB indicating a buy
- thirdly, elsewhere you mentioned you wait for the fozzy cross to occur first and then wait for the PB.. isnt it the other way round.generally the PB is the first to appear and then the fozzy?
thanks in advance
Ignored
Dislikedpokin in...
wondering if anyone had any comments on these 2 lil guys... specifically the 2nd one. Why or why not they may've took it.Ignored
DislikedWell looks like my run with the bulls is over. Did ok off most trades with the 2 EUR/USD trades being my star performers. will probably lose the USD/CAD & the NZD/JPY tonight as well as the price has almost hit my stops.
EUR/CAD -48 pips or -0.42% loss locked in
USD/CAD +46 pips or 0.52% profit locked in
AUD/JPY stopped out at +143 pips or 0.69% profit
NZD/JPY +142 pips or 0.62% profit locked in
USD/JPY stopped out at break even
EUR/USD 1D stopped out at +568 pips or +6.6% profit
EUR/USD 4HR stopped out at +331 pips or +7% profit
Enjoy
AdemacIgnored
DislikedAnyone buy some nuggets on this one?
Signals saying maybe it goes up to the 38 retrace level?
Thoughts?
I stayed out - didn't feel this was A trade enough for me (yet)Ignored