Attachments: The Student Handbook

The Student Handbook

#401
Dec 3, 2012 10:47pm Dec 3, 2012 10:47pm

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

On the 1H?

Quoting ed1705

Disliked

Hi, Can you please show point X here. I am just learning about these patterns. Thanks

Ignored

#402
Dec 3, 2012 11:07pm Dec 3, 2012 11:07pm

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

hi ...

is that ...what u gonna explain ?

Quoting 9er

Disliked

Perfectly inline. The only aspect that effects our Bias at the moment is that price has breached the upper Trend line on the weekly chart. My speculation is price may continue to push upwards as the RSI swooped below 50 a few weeks back and is currently pointing northeast!

until an upward channel gets broken to the down side we are cautiously bullish. The reason I say cautiously is if you refer t the 1H chart price is making a 4th stab at the lower TL.

In this up channel that is the first time this has occured

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: eu1h.gif
Size: 42 KB

not euphoria follower

#403
Dec 3, 2012 11:39pm Dec 3, 2012 11:39pm

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

Yes - as it occurs. nice mock up by the way!

Quoting iqyu5an

Disliked

hi ...

is that ...what u gonna explain ?

Ignored

#404
Dec 3, 2012 11:46pm Dec 3, 2012 11:46pm

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

thanks mate. this what i see for mid/longterm . can i have your opinion on that ?

( only AO, fibo and manual drawing )

Quoting 9er

Disliked

Yes - as it occurs. nice mock up by the way!

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: pvjj1035.gif
Size: 18 KB

not euphoria follower

#405
Dec 3, 2012 11:58pm Dec 3, 2012 11:58pm

ed1705
| Additional Username | Joined Apr 2012 | 30 Posts

Quoting 9er

Disliked

On the 1H?

Ignored

On the 1hr and 4hr. I dont see the X on both.

#406
Dec 4, 2012 12:16am Dec 4, 2012 12:16am

gregben
| Joined Mar 2010 | Status: Trader | 196 Posts

9er',
I too have the same ABCD completion on the 4 hr chart. MY question is ( even if it not a valid completion ), what is the normal retracement after such a completion if any? Do you draw fibs from CD leg or any other fib, or is the retracement random at this stage?

Another question. On the template you provided I have the IBFX Daily Pivots on the right top of screen. As I don't trade with this broker, the pivots are locked at the same value as when downloaded. I have tried to remove them but they do not show up in the indicators box when I open it. Can you or anybody else tell me how to remove it?

#407
Dec 4, 2012 12:42am Dec 4, 2012 12:42am

NuNix
Joined May 2012 | Status: Thank you Graeme | 1,449 Posts

Quoting gregben

Disliked

9er',
I too have the same ABCD completion on the 4 hr chart. MY question is ( even if it not a valid completion ), what is the normal retracement after such a completion if any? Do you draw fibs from CD leg or any other fib, or is the retracement random at this stage?

Another question. On the template you provided I have the IBFX Daily Pivots on the right top of screen. As I don't trade with this broker, the pivots are locked at the same value as when downloaded. I have tried to remove them but they do not show up in the indicators box when I...

Ignored

Right click on the chart, select Objects List, then delete all label with name IBF-DailyPivots. See in the attachment

Attached Image (click to enlarge)

Click to Enlarge

Name: del.JPG
Size: 55 KB

Dangdut is a music of my country

#408
Dec 4, 2012 12:45am Dec 4, 2012 12:45am

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

I'm sorry I don't speculate over the long term. I am intra-day and how it effects my trading right now

Quoting iqyu5an

Disliked

thanks mate. this what i see for mid/longterm . can i have your opinion on that ?

( only AO, fibo and manual drawing )

Ignored

#409
Dec 4, 2012 12:47am Dec 4, 2012 12:47am

gregben
| Joined Mar 2010 | Status: Trader | 196 Posts

NuNix,
Thankyou, pivots removed.
gregben

#410
Edited 1:36am Dec 4, 2012 1:02am | Edited 1:36am

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

aniway in m15 there is premature abcd with 1.414 ratio at the moment

Quoting 9er

Disliked

I'm sorry I don't speculate over the long term. I am intra-day and how it effects my trading right now

Ignored

http://www.forexfactory.com/attachme...4&d=1354597660

Attached Image (click to enlarge)

Click to Enlarge

Name: pvjj1036.gif
Size: 11 KB

not euphoria follower

#411
Dec 4, 2012 1:24am Dec 4, 2012 1:24am

Erebus
Joined Jul 2011 | Status: Gold Again | 10,565 Posts

Quoting Starry

Disliked

Can anyone explain what the indicator means by a bullish abcd pattern?

Ignored

Starry, and all new members in fact, look to the top of this page, on the right, see where the Reply button is?

Click on the Paperclip icon, a window will open, click Hide Images, there you will find all documents posted within this thread.

Click to download what interests you for you will find your answer within them

Good luck, E.

respect to 9er

It takes a lot for me to IGNORE you, but you can try.

#412
Dec 4, 2012 1:48am Dec 4, 2012 1:48am

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

Folks I apologize for my absenteeism today. have some matters I am tending to. Wanted to post the progress of the premise I posted yesterday.

Notice from the charts the progression from the lower trend line (which corresponded with Pivot). The last chart shows where I have 5 pips locked in.

I am currently "hawking" the 3090 area for a possible reversal.

I am going to be away for about an hour. When I return I will tend to your questions.

Pretty cool stuff though right?

Attached Image(s) (click to enlarge)

Click to Enlarge

Name: eu1h1.gif
Size: 42 KB

Click to Enlarge

Name: eu1h2.gif
Size: 42 KB

Click to Enlarge

Name: eu1h3.gif
Size: 40 KB

Click to Enlarge

Name: eu1h4.gif
Size: 40 KB

#413
Dec 4, 2012 1:53am Dec 4, 2012 1:53am

NuNix
Joined May 2012 | Status: Thank you Graeme | 1,449 Posts

The price kiss my SL at +5

Attached Image (click to enlarge)

Click to Enlarge

Name: 04Des12.JPG
Size: 182 KB

Dangdut is a music of my country

#414
Dec 4, 2012 2:03am Dec 4, 2012 2:03am

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

Moved your SL to lock in pips? Very nice! Good job

Quoting NuNix

Disliked

The price kiss my SL at +5

Ignored

#415
Dec 4, 2012 2:08am Dec 4, 2012 2:08am

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

I would like to point out an observation I just made. Notice on the attached chart that price has moved to and is currently favoring the lower trend line. Notice also if you will the AO's momentum is slowing to the downside. Again until there is a break out of the lower TL we are cautiously bullish

When you take a trade from a higher TF and you have locked in profit, drill to the lower TF's to get a better picture of the "underlying chaos". If the lower TF's paint a signal or gives a reversal indicating that your locked profit might be taken out - make the decision, but probably better to just close the trade outright - just my opinion

Attached Image (click to enlarge)

Click to Enlarge

Name: eu1h.gif
Size: 40 KB

#416
Dec 4, 2012 2:11am Dec 4, 2012 2:11am

9er
| Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts

Which is what I did when the 5M painted a goofy looking ABCD

Quoting 9er

Disliked

I would like to point out an observation I just made. Notice on the attached chart that price has moved to and is currently favoring the lower trend line. Notice also if you will the AO's momentum is slowing to the downside. Again until there is a break out of the lower TL we are cautiously bullish

When you take a trade from a higher TF and you have locked in profit, drill to the lower TF's to get a better picture of the "underlying chaos". If the lower TF's paint a signal or gives a reversal indicating that your locked profit might be taken...

Ignored

Attached Image (click to enlarge)