Bull and Bear Entry

I am attaching the M 2 CHART where I have marked the bull entry and exit

A Possible +200 pip

M 30 was also bullish

Seems to me that we have an early entry in M2 provided M 30 is trending
properly

The Red candle has the maximum DD OF 20 pip

hi harigp
please look at attached picture. it ithe same as urs and i am using fxdd but the entry you have mentioned the bull was -0.02 . and as u can see we are missing many nice entries just relying on the closed candle below 21 and bull 0.02 , as in this example the bull was -0.02 . wondering why u wote 0.07
regards

hi sameer

you are correct it was bear no .07

if you closely look into M 2 CHRT for bull and bear no I have noticed the following

Going Long candle below EMA 21 LOW

If the bull and bear no has difference of only 1 or 2 and also if the bull and bear no is -.01 and -.01/ 0 0 time hascome for reversal and go long


Going short candle above EMA 21 High

Bull and bear no difference is only 1 or 2 or bull and bear no is +0 and +0/ 00
the time has come for reversal and go short

While on the way going long and short if you see again candles where the bull and bear no is equal or difference is 1 or 2 or 00 you can enter for additional contracts for long or short

harigp
just by watching the chart of m2 . we can see that if the acandle close above the high of 21 ma . and the bull is above 0.01 we can have a profitable entry , what do u think ?
thanks

Hi sameer

Yes you can, I can see lot of profitable entries in m2 and most of the time the dd is acceptable

I am exited about it

hi again
almost all the entries on m2 after the candle close above the 21 high are going into profitable trades .
monday i will forward test it
thanks

Statment of M 2 Trade

The one loss in GJ is mistake from my part of pulling the wrong trigger

The M 2 scalping is best in EU due to less spread

READ POST 163 FOR M 2 TRADE

While on the way going long and short if you see again candles where the bull and bear no is equal or difference is 1 or 2 or 00 you can enter for additional contracts for long or short

Extract above from post 163

Dont use this in Asia market because the volume is less

these are 2 trades on m2 chart for almost 134 pip
thanks harigp

hi
sameer

GOOD SHOW +134 PIP

statment

I can make my entry very easy with this system and see my green pip early.

Thanx harigp ..

.05 long booked

.03 closed at +67

.02 running at BE

Good show WED WED

EU Chart M 2

M 2 Gj Chart +80 Pip Move

Hi harigp,

I am trying to make sense of your recent chart and the remarks and cant put it together.

The red up arrow at 04:08, is that where you read "Bulls Bears 27 29"?
Did you long at the close of this candle?
I have a reading of Bulls -0.08 and Bears -0.27

hI DAN



The candle where I have drawn the vertical line IN M 2 CHART after the close had the reading of bull -27 and bear -29

Entry was in the next candle

Ok thanks,
on that candle I have -25 and -32 on IBFX.

Hi Dan

In that case based on your reading with IBFX you may have to wait may be next candle to get the diff of bull and bear to a level of 1 or 2

Yes, but on the next candle I had already Bulls -8 and Bears -27