hey if,
what's your take on EC bouncing upward already?
what's your take on EC bouncing upward already?
Close Price VS Median Price (or other price types) 33 replies
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DislikedHi Kenny,
Thanks for your chart on EU, GU.
based on the daily chart ... GU now in demand level. do you wait the bullish engulfing on daily TF or you just enter buy based on small TF bullish engulfing ?
Thanks...Ignored
DislikedHow is divergence defined? The only way I see it is with indicators but how do you guys look at it? I see it in reds chart too but wasn't quite sure what he is looking at.Ignored
DislikedHere's an excellent resource to answer your question. http://www.babypips.com/school/divergence-trading.html
I'd advise everyone to graduate from the babypips school
Best
IfIgnored
DislikedAh I'm so used to seeing charts without indicators I didn't see you had one for that divergence. I was just confused as to how you determined divergences without any indicatorsIgnored
Dislikedi don't see it as it's in demand zone yet - at the time of posting this message..
i usually enter on smaller tf after having some data what the price is doing in demand or supply levels and watch for certain reversal candle patterns.. and sometimes i enter as soon as price hits the certain demand/supply zones depending on strength of the level and by looking at how price has arrived there.. unfortunately, there is no one answer that fits all circumstances.
as suggested before it's well worth to learn certain candlestick and chart patterns...
have...Ignored
Dislikedwe have a decent engulfing h4 candle on the edges of my defined demand zone.. may possibly move pass 1.4400 today... considering ny may be doing their day high rather than low..Ignored
Dislikedscalped again for 16 on the short side this time..
just located a supply level at 4402 ish.. it's a big number.. retracement is likely..
i do many trades like this.. so don't have much time to post most of them as full attention needed on charts..
miserable life of a scalper...Ignored
DislikedI took exactly the same trade but a little bit later when the 5 min BEOB closed.Ignored
DislikedGasoline scalloping up through TR.
Would only trade this long from BOPB and BUPA, as the bigger picture is bearishIgnored