DislikedWhat are the three "hammer - like candles" telling you, Danny boy and where are they?Ignored
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DislikedWhat are the three "hammer - like candles" telling you, Danny boy and where are they?Ignored
DislikedThis is where we need to be patient and diligent in our decision making process, This is a very important area we are approaching.
Although this is an inverse hanging man its location is not that great to say the least. We need to be looking for some more Stress FREE PA off of the pchyco 92.00 round number.
Just as a note also, I am no where near comfortable trading hanging man candle formations as of yet so i would stay away for that reason alone.
We need to really learn Shooting stars and Hammers first, as they are the most reliable.Ignored
DislikedAnytime, I was in the same spot as you just a few months ago!!
Hours and hours of studying the charts using F12 and learning Patience! is the KEY.
If you put the time in you will be rewarded!Ignored
DislikedF12 allows you to move bar by bar through price in Metatrader 4.
Pull up a weekly chart and draw all of the Major S/R levels for teh past 20 years or so.
Then move down to the daily TF and start off where the data begins, use F12 to move bar by bar through price. When you approach a Major S/R level that you have drawn from the Boss chart (Which rules the Worker) Look for PA! do this on as many charts as possible to understand how price reacts around thse major levels.Ignored
DislikedThis is easier to do if you have 20 years of weekly S/R levels and you are just trying to locate good PA setups at these levels.
In reality you don't have such an options. I think you would need to draw S/R week by week and move forward together with daily chart.Ignored
DislikedThis is easier to do if you have 20 years of weekly S/R levels and you are just trying to locate good PA setups at these levels.
In reality you don't have such an options. I think you would need to draw S/R week by week and move forward together with daily chart.Ignored
DislikedF12 allows you to move bar by bar through price in Metatrader 4.
Pull up a weekly chart and draw all of the Major S/R levels for teh past 20 years or so.
Then move down to the daily TF and start off where the data begins, use F12 to move bar by bar through price. When you approach a Major S/R level that you have drawn from the Boss chart (Which rules the Worker) Look for PA! do this on as many charts as possible to understand how price reacts around thse major levels.Ignored
Dislikedto crudecraig,strat and alter;
first thx to all for the help.
Craig, yes of course i know F12 and i am using it long time ago, so many times,thx for clrification,
in the future i will tell you something interesting about my use of f12,but just when i have free time (very buisy learning now from this valiable site)
Strat, the point is there is too much abreviations we can use,with...Ignored
Dislikedi will put a nother post about my previous question to you about hanging man may be ( or Iam sure)I was not clear about what I meant.
thxIgnored
Disliked
GBPUSD is providing a very nice example for us this evening with a very nice juicy Lucy BEOB.
Based on the first chart with major resistance, what would you do?
What would you do after seeing the second chart with minor resistance added?Ignored