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  • #391,181
  • Feb 20, 2011 4:05pm Feb 20, 2011 4:05pm
Quoting Raza
..

Here is one example.. but I have a different way of spotting it..

nope - don't get it



will go and study this - sorry to bother you
  • #391,182
  • Feb 20, 2011 4:06pm Feb 20, 2011 4:06pm
Quoting ehsan
But only few times. Thanks for the feedback.
This type of TL made me 140 pips last Friday. Have a look at 4H!
one time is enough to invalidate it somehow....
Hero calls followed by margin calls...
  • #391,183
  • Feb 20, 2011 4:06pm Feb 20, 2011 4:06pm
EU M15 scalping
Attached Image (click to enlarge)
Click to Enlarge Name: rsi.jpg Size: 220 KB
:-anything
  • #391,184
  • Feb 20, 2011 4:06pm Feb 20, 2011 4:06pm
Quoting redsword11
....... so it shall be written


...... so it shall be done



eh - what is divergence anyway ?
http://en.wikipedia.org/wiki/Divergence

didn't understand it myself, but you might have a better shot at it.
  • #391,185
  • Feb 20, 2011 4:07pm Feb 20, 2011 4:07pm
Quoting Raza
..

Here is one example.. but I have a different way of spotting it..
it looks damn complicated! but thanks very much,
rat
  • #391,186
  • Feb 20, 2011 4:08pm Feb 20, 2011 4:08pm
i take it these positions on your chart are SELL ? :o
Quoting ehsan
Hi All,

I noticed a trend line that has been holding for 18 times on the daily chart. Any comments? Thanks
  • #391,187
  • Feb 20, 2011 4:10pm Feb 20, 2011 4:10pm
Quoting redsword11
nope - don't get it



will go and study this - sorry to bother you
It takes time to understand this...(Divergence)

Observe and practise on Demo...It is one of the most powerful thing in trading.

I myself dont like to try other peoples strategy and stick to what works for me..

But only this indi thing I offered is a NO Brainer.. some may benefit from it..this keeps me out of guess work at least for scalping..
Markets are not Random, they are designed!
  • #391,188
  • Feb 20, 2011 4:12pm Feb 20, 2011 4:12pm
Quoting rattyo
it looks damn complicated! but thanks very much,
Since when making money was EASY!!

Here is another reference to Divergence..

www.babypips.com

Ok... just keep this in mind when chart price is doing something else or at different level and Your indicator such as RSI or Stoch doing something opposite.

Thats where you have divergence.

Your macd is all about that...Moving Average Convergence Divergence
Markets are not Random, they are designed!
  • #391,189
  • Feb 20, 2011 4:12pm Feb 20, 2011 4:12pm
Quoting gatorinla
i got a high Friday at about 3715.. i target 3719.5. when so close to target we usually come back to it. so with the usual slip 3736.7. but 3733 is another 2008 fib that could cap it. as said all points north atm..
.
we did come back to it and got the pip. on 24/7 brokers
those who can, do. those who cant, talk about those who can
  • #391,190
  • Feb 20, 2011 4:13pm Feb 20, 2011 4:13pm
Quoting Raza
It takes time to understand this...(Divergence)

Observe and practise on Demo...It is one of the most powerful thing in trading.

I myself dont like to try other peoples strategy and stick to what works for me..

But only this indi thing I offered is a NO Brainer.. some may benefit from it..this keeps me out of guess work at least for scalping..


will do
  • #391,191
  • Feb 20, 2011 4:13pm Feb 20, 2011 4:13pm
Quoting Raza
In simple words the E/U is all about 76.4% and 23.6%.... rebound or bouncing/ rejection levels are 50% and breakouts are 61.8% fibs.

if it breaks 76.4 or 23.6% by 10 pips it will go to 100% or 0%.

After that a new series or phase of Fib starts. E/U doesnot work on previous supports or resistence. So if you take a fib from the last low or high..you will never get the price to stop at the precise price lets say at 50% fib. it will be off by few pips every time.

In order to get the precise entry without loosing any pip or max DD of 10pips.....
Hi Raza,

very valuable information. Wow, thank you. Will immediately work on it.

Regarding EW on 1min:

It is amazing. I oftentimes scalp on 1m TF. When I do that, I analyse often the 10, 20 or 30 sec chart for EW pattern. They are there also. Sometimes tricky to identify, but definitively there.


Again, many many thanks to you.

Best to you,

Markus
  • #391,192
  • Feb 20, 2011 4:16pm Feb 20, 2011 4:16pm
Quoting gatorinla
we did come back to it and got the pip. on 24/7 brokers
3680 is in the sequence respected to get us here. so its support atm.. the same crap as posted earlier.#391057
those who can, do. those who cant, talk about those who can
  • #391,193
  • Feb 20, 2011 4:17pm Feb 20, 2011 4:17pm
hope this help
Attached Image (click to enlarge)
Click to Enlarge Name: 4h eur.gif Size: 18 KB
Attached File(s)
File Type: mq4 ind_DivPeakTroughRSI_SW_v1.mq4   11 KB | 213 downloads
File Type: mq4 ind_DivPeakTroughSto_SW_v1.mq4   11 KB | 251 downloads
  • #391,194
  • Feb 20, 2011 4:18pm Feb 20, 2011 4:18pm
Quoting gatorinla
exactly... if you have an idea of the s/r level is ..use the 1 and 5m for entry.. if you get a 1m reversal candle. the odds are you dont have to rush to get in. because it more times then not, it will knock twice. sl can be just a few pips higher.. with min risk.. allowing a bigger trade since the risk is less.
  • #391,195
  • Feb 20, 2011 4:20pm Feb 20, 2011 4:20pm
Quoting kill56
hope this help
looks like you got one to draw now missing
those who can, do. those who cant, talk about those who can
  • #391,196
  • Feb 20, 2011 4:23pm Feb 20, 2011 4:23pm
Quoting infinitus
Hi Raza,

very valuable information. Wow, thank you. Will immediately work on it.

Regarding EW on 1min:

It is amazing. I oftentimes scalp on 1m TF. When I do that, I analyse often the 10, 20 or 30 sec chart for EW pattern. They are there also. Sometimes tricky to identify, but definitively there.


Again, many many thanks to you.

Best to you,

Markus
No need to Thank.

To know elliot correctly... one has to have a very twisted mind..
Markets are not Random, they are designed!
  • #391,197
  • Feb 20, 2011 4:23pm Feb 20, 2011 4:23pm
Quoting kill56
lol


..... and whats funny ?
  • #391,198
  • Feb 20, 2011 4:25pm Feb 20, 2011 4:25pm
Quoting gatorinla
looks like you got one to draw now missing

watch the oil lybia is gone its a matter of time the tribes might cut the oil to europe if the blood does not stop in 24 h and leave the country
  • #391,199
  • Feb 20, 2011 4:27pm Feb 20, 2011 4:27pm
Quoting pkimnyc
http://en.wikipedia.org/wiki/Divergence

didn't understand it myself, but you might have a better shot at it.
..PK...

You know YOU KNOW what it is....

http://www.forexfactory.com/showthre...26#post4298426

Markets are not Random, they are designed!
  • #391,200
  • Feb 20, 2011 4:28pm Feb 20, 2011 4:28pm
Quoting redsword11
..... and whats funny ?

nothing, we do not know all, i thought u are kidding u been trading for a long time, any way we still have a lot to learn
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