Almoz perfect setup in every usd pair and yen pair.
Entry is easy. Still time to exit is the essential one in trading.
Wish you tons of pips
Entry is easy. Still time to exit is the essential one in trading.
Wish you tons of pips
The System Behind the System, by Merlin Jeffries 16 replies
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Dislikedasian session == CAREFULL....Swich off ur pc and relax...
SonicIgnored
DislikedNow that the asian session is over, the euro session half over, and the US session started, we still do not have a sense of direction, imho.
The brown area is support turned resistance. And as much trouble as the PA had breaking down thru it, it may have breaking up thru it (and staying up).
Personally, I will not feel more confident of an upside bias having been developed until I see the PA has risen above that area, then come down to test it and successfully bouncing up.Ignored
DislikedSonic, why do you prefer using EMA instead of SMA for the 34 and 89 moving average lines? As "longer term" indicators, in relationship to the immediate behaviour of the PA, would not the SMA be a good choice? It seems that by using the EMA, it is like trying to "hurry up" those moving average lines to change, based on current PA action. By using SMA, it helps those moving averages "resist" the pressure to change due to the immediate PA action....which can be quite fickle.Ignored
DislikedEMA 34 is like a nice trade mark... of mine.. 89 EMA is a random longer term indicator... I definitely prefer EMA to SMA...
As you know I pay SUPER attention on Wave analysis and S & R (PPZ level)... which works so well.. and help me pips...
I hope it does the same thing to you too...
SonicIgnored
Dislikedgreat analysis TAH ...
i re-entry with (green to red CCI changes) rule .. and gone out after +23pips and moved the SL1 to SL2 ... lucky i moved it to breakeven .... now i really need to buy that PDA Phone ..huhuhu
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