I agree 100% with Simpleforex , the Gap may get filled on GJ.
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DislikedGuys....Lots of oppourtunities in EU, GJ, GU in this month if you hold short..Go with only weekly charts...keep your SL above 500...
EU should go below 140 below mark this monthIgnored
DislikedThe new modified version of bullshit indicator gives a better stop loss level in the form of lionstail, this is the reversal point, on the timneframe you choose.Ignored
DislikedUSDCAD
If the current resistance at 1.0740 is taken out then long for 1.1782, else we drop back to 0.9056
Since usdcad is related to oil, only an oil price hike can make it drop.
This chart is for 84 months.Ignored
DislikedAdded one more parameter to the bullshit indicator the LionsTail
this is the stop loss level on the current timeframe for the current candle for the trade given by the bullshit indicator, beyond this the trend will reverse.
I felt the need for this based on necessity to keep an exit avenue should things go wrong.
So far, bullshit has given me 99% green trades. One of the best indicators that i have written so far.Ignored
DislikedHi ForexLion !
First of all thank you very much for your effort
Regarding your BS indicator you mentioned "99% green trades"
Could you explain this in more detail ?
By the way could you add a signal alert (Sound / E-Mail) wenn BS
is changing direction ?
Thanks again and happy trading
BernhardIgnored
Dislikedbullshit is a trend catching indicator, so it can work on any timeframe.
since we all believe in following stronger trends, so naturally it means higher timeframes.
best would be, when atleast 3 lower timeframes agree on direction.Ignored
Dislikedbullshit is always for the current candle.
the numbers are just for guidance,
read the entire thread on how to use bullshitIgnored
DislikedHello brothers ,
this one looks to me quite simple
i am waiting for a monthly close on this one to enter short
what do u think?Ignored
DislikedSo in other words, don't place a trade between 192.54 and 196.00??
Ignored