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  • #23,121
  • Aug 13, 2013 3:10am Aug 13, 2013 3:10am
Quoting emmanuel7788
EURUSD watchlist: Those of you watching EU H4 charts, what do you see now just before Frankfurt open in 10 mins. Do you want to be seller or buyer for 4H swing trading?
I am a buyer.
1. The TTF trend is bullish
2. The HTF trend is bullish
3. Bullish TDI cross with steep angle
4. Bullish HA candle

My initial SL is 2 ATR(7), TP the latest high.

I am very happy that You still manage to follow this thread. I have learnt a lot from your posts.

take care,
thrax
Attached Image (click to enlarge)
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  • #23,122
  • Aug 13, 2013 3:10am Aug 13, 2013 3:10am
Quoting emmanuel7788
EU now the H4 closed as Bearish Outside Bar 'BEOB' and it is 1.3300
could you please send the link where i can read about this.

thank you
Come tomorrow, I'll wake up new
  • #23,123
  • Aug 13, 2013 3:14am Aug 13, 2013 3:14am
Quoting gsbharaj
{quote} could you please send the link where i can read about this. thank you
.
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File Type: pdf Three Powerful FOREX Price Patterns (1).pdf   1.8 MB | 1,795 downloads
  • #23,124
  • Aug 13, 2013 3:17am Aug 13, 2013 3:17am
Quoting gsbharaj
{quote} could you please send the link where i can read about this. thank you

now my turn to ask a dumb question:

Do you want to learn the easy way or the hard way?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,125
  • Aug 13, 2013 3:18am Aug 13, 2013 3:18am
Quoting thomi
{quote} . {image}

thomi, you gave him the easy way....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,126
  • Aug 13, 2013 3:19am Aug 13, 2013 3:19am
Emmanuele, in my case the last H4 bar is not a BEOB. It can be a BEOB the actual bar, but it is not closed. Anyway, for me it's a good setup for entering short.....
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  • #23,127
  • Aug 13, 2013 3:20am Aug 13, 2013 3:20am
Quoting emmanuel7788
EU now the H4 closed as Bearish Outside Bar 'BEOB' and it is 1.3300
Emmanuel what is your target for sh eurusd ?
how to manage this business?

60% week is : 1.31200
  • #23,128
  • Aug 13, 2013 3:22am Aug 13, 2013 3:22am
Quoting thrax
{quote} I am a buyer. 1. The TTF trend is bullish 2. The HTF trend is bullish 3. Bullish TDI cross with steep angle 4. Bullish HA candle My initial SL is 2 ATR(7), TP the latest high. I am very happy that You still manage to follow this thread. I have learnt a lot from your posts. take care, thrax {image}

today my other team sent me away because I ask them to do too much....and I have no place to hangout. LOL

BTW, if you buy today, you may have to build up more position as price move lower....

just mark where this week' open is and drop down 160pips and there is where a reversal may happen...

160pips is where 60% of the average weekly traded range is .

what if I am wrong? well, thank the person who invented Stop Loss in trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,129
  • Aug 13, 2013 3:26am Aug 13, 2013 3:26am
Quoting thomi
{quote} Emmanuel what is your target for sh eurusd ? how to manage this business? 60% week is : 1.31200

how about Prev W Fib 127% 1.3186 and I use Jumping SL 40pips. ... I'll try go for 4R trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,130
  • Aug 13, 2013 3:28am Aug 13, 2013 3:28am
Quoting tradefish
Emmanuele, in my case the last H4 bar is not a BEOB. It can be a BEOB the actual bar, but it is not closed. Anyway, for me it's a good setup for entering short..... {image}

if your H4 still not yet closed, then you must wait to see what type of bar it will close as.

but H1 is good to go.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,131
  • Aug 13, 2013 3:28am Aug 13, 2013 3:28am
Quoting nollej
{quote} Hey there thomi just noticed with your drawn divergence you need to make sure you draw the trendline from the closes of the candles like in the attached picture.. It can make a difference sometimes when determining if there is divergence or not.. If you already knew sorry, just trying to help out.. Josh {image}

what you need to make sure you draw the trendline from the closes ? why not take the wicks? the price is mounted at the top of the wick, you're sure you?
  • #23,132
  • Aug 13, 2013 3:34am Aug 13, 2013 3:34am
How to trade BUOB and BEOB?

posted many times before.
I am not advertising his website but the materials there are FOC and many videos come along.


read this :here
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,133
  • Aug 13, 2013 3:34am Aug 13, 2013 3:34am
on the eur/usd the price touched the weekly pivot point. now the price is heading down as it has returned from monthly resistance of 1.34039. i am gonna stick with this pair in my learning phase. will trade live though.
Come tomorrow, I'll wake up new
  • #23,134
  • Aug 13, 2013 3:35am Aug 13, 2013 3:35am
Quoting emmanuel7788
{quote} how about Prev W Fib 127% 1.3186 and I use Jumping SL 40pips. ... I'll try go for 4R trade.
Emmanuel thank you for the answer :-)
  • #23,135
  • Aug 13, 2013 3:38am Aug 13, 2013 3:38am
Quoting emmanuel7788
{quote} if your H4 still not yet closed, then you must wait to see what type of bar it will close as. but H1 is good to go.
EU Red news coming at 9GMT
Better to wait?

Axiom
  • #23,136
  • Aug 13, 2013 3:39am Aug 13, 2013 3:39am
Quoting emmanuel7788
{quote} my EU post was about H4....

hehe i'm studing the master bar with not much good idea but i'm at work ill check better at launch time
  • #23,137
  • Aug 13, 2013 3:43am Aug 13, 2013 3:43am
Quoting Axiom
{quote} EU Red news coming at 9GMT Better to wait? Axiom

yes news in about 20mins... H1 traders stay out if you are not in the market yet.


wait till after news release then decide.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,138
  • Aug 13, 2013 3:45am Aug 13, 2013 3:45am
Quoting thomi
{quote} what you need to make sure you draw the trendline from the closes ? why not take the wicks? the price is mounted at the top of the wick, you're sure you?

The rsi calculation (which is the green line on the TDI) would most likely be calculated from the close price of the bars as most standard rsi indicators are set up.. Unless thats not the case, then im pretty sure you then need to look at the close price of the candle and not the high/low..
Josh
nollej is power..
  • #23,139
  • Aug 13, 2013 3:52am Aug 13, 2013 3:52am
its good i broke even....i am expecting that the new will be in favour of the euro.
Come tomorrow, I'll wake up new
  • #23,140
  • Aug 13, 2013 4:02am Aug 13, 2013 4:02am
I apologise for my simplistic question, since I am a begginer but I would like to know which pivot levels are the more important ones when you are trading 1h or 4h timeframes. I mean are you more interested in daily, weekly, or monthly fibonacci levels? Perhaps all of them? I have downloaded various pivot indicators and I am getting a little bit confused.
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