Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
Dislikedhopefully this is not out of place.. but, I love this overall style of trading and this might be an interesting opportunity. it will correlate to the rest of the market as it relates to , at least gbp imo,if not usd. if it plays of course....Ignored
DislikedHi there,
What do you mean by the 90 degree angle? Do you mean the angle at the 2.0 zone?Ignored
DislikedHi Noloqy,
What I believe ThomKnight is referring to is that price went straight down. As Clockwork called it : parabolic. If you draw a line through those bearish candles and a line that is horizontal on the chart, the intersection of those two lines will create a 90 degree angle (or close enough to it). I hope that explanation was not too confusing. My apologies if it was.
Take care,
DaveIgnored
Dislikedusd/cad
Anything beyond the triangle in my opinion is "too noisy".Ignored
Dislikedwhat i got from this thread is that round number also has to stand for some s/r level..when i look at this pair on my mt4..it might be something like 2.26-2.25 area which is pretty tight..don't see any support at 2.27
plus i'd be really careful when taking a long position while overall trend is down..Ignored
Dislikedplus i'd be really careful when taking a long position while overall trend is down..Ignored
DislikedOk,
thought I'd point this out. There's a daily pin forming on the G/J in what seems to be a pretty reliable zone. Day hasn't finished, but looks promising.Here's the charts. Not sure about the distance for reward here. Wanna sprinkle some input on this one CW?Ignored
DislikedI would be careful with that one. It's doji signaling indecision and especially seeing where all the other pairs are and that we havn't moved from that general S&R for a few days I would be careful to take anything before we have clear signal of movement. As for that particular daily bar, the bottom half of the bar is about as long as the top so it doesn't really have that long "nose" at the top if you will.
Just my view, feel free to chime in if I'm off anywhereIgnored
DislikedLooking at a set up for a possible short on kiwi.
Daily Pin bar (daily bar closed as a Pin, although screen shot below shows it 30 mins prior to bar close)
Divergence on 4H
Weekly support 0.5950
Overall trend - Bearish
any thoughts CW?Ignored