Raining pips today. GU M15
Multi time frame Simple MACD system 823 replies
DislikedHi fellow traders and lovebees
I have redrawn and created a print friendly trendline patterns, so you can print it, and stick near your workstation.
I hope the patterns I have drawn are the most common. If I missed anything, I can add these patterns in.
DislikedMost of the sellers have jumped out of train. Dead end! Let's see if they are going to recover their strength.
Too many "coincidences": 126 RN, 138fib price ext Weekly (red dotted). 161fib price ext Daily (blue)Ignored
Dislikedhahaha...good one...ultimate example ...where have you been brother...didnt you see for sometime...?Ignored
Good to know that you love what I do. I too love what I do everyday and I never work another day.
the power of CONFLUENCE:
Prev Week Low
D fibo-e 161%
best one is my TP4 level. LOL
Have a Good Evening trading the rest of today US session. .
I need to get out for some beers, ... it is Friday night here.
Cheers brothers and sisters!Ignored
DislikedI got one of those "can it be done, trade for a living" messages someone getting retrenched. Of course it can be done but the mental stresses to trade live from the start are staggering. Anyway it reminded me of the story (I am assured NOT urban legend) of the guy that taught his nephew to trade, at the time an early teen. He was successful from the start. Now late teens apparently employed with his uncle at a private bank.
Their secret, a trend method they stick to religiously. Buy above/sell below 200 ema no, they have a different trend definition....Ignored
Pin bar on H1 TF ; On 15 mn TF , price above 10 ema , target 1H 10ema. A little risky for newbee;but we got a 4h Support also and price above 4h support. Took 10 pips.Ignored
DislikedHi long bow,
Thank you for re-writing your post chart with more details. Very well drawn charts with good clarity. I like that.
Those two trades did not meet the criterias of this method. But you manage to BE your trades early and pevented some losses.
The first sell trade isn't the best when I look back to how the US session closed. There was key data release from China this morning and this usually move the market. If you had follow closely the market after your sell trade failed, the buy setup was there but you did not see that. Your...Ignored
here my lovebee entry for AJ.
i'm still trying to learn how to hold on to trades. follow emmanuel if you want to learn
for the day:
EC +18, +11
closed almost all positions as i had to go to school. if only i had the confidence to let them run like AJ lol.
peace and love
P.S. Will post a lot of backtests this weekend for lovebeesIgnored
Dislikedemmanuel7788, thank you for teaching me! I really like your charts. I've learnt many things from your posts.
After the 1st sell, I was out. so I didn't see the buy setup. And like you said, next time I should set smaller SL. R-multiple is great. I find out today's EU chart just like your post a few days ago about Price/TDI Divergence. I should re-read many times.
My English is not good, so I read the thread just like a snail. and sometimes I maybe misunderstand. I'll keep reading and learning.
I was diffident to post my charts before. But...Ignored
Hey brothers and sisters,
does anyone of you have this indy to share?
http://www.forexfactory.com/attachme...1&d=1349770500 (this one in yellow, Master Gibril chart)
Would appreciate your hand. Would like to test it.