i missed for eurusd....
4 hour strategy (the nausbot - 4 hour trader) 25 replies
4 Hour Strategy Macd+other Indicator 21 replies
X-1102 1 hour , 4 hour and daily Tf trades 7 replies
Create a verticle line at certain hour for every certain hour 16 replies
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DislikedBinnie, Your target was hit..so what is next? Bearish CoT or more bull power I have put my observations on the chart but I know my weakness now is knowing when to enter...I didn't understand this previously but I feel like i can get the rhythm but find myself waiting and waiting and waiting...just to see if i was correct...which saves me money hahaha So I am too early or too late.. cheers.... {image}Ignored
Disliked{quote} Hi Yaak, Nice chart & great question. Current Price Action seems steady but who knows what the next candle brings. I see you have a D1 Trendline drawn & on your chart & this is acting as a form of Resistance. I have placed more emphasis on the BRN but that is just my way of seeing things. The last 3 candles are a bit smaller now & this can be a signal of uncertainty after the major reports in the past 48 hrs or is just telling us that traders are slowing down towards the weekend. Even though I anticipate a further run up, it would...
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Disliked{quote} Thanks for the analogy and your time and effort.. I had to zoom out to W1 to find a target and found 0.9862 this is the 200ma and Monthly resistance 0.9787 365ma on D1 I've now cluttered my chart with a new indicator (again groan) to show support resistance lines....i know i shouldn't but i find i do not draw the lines as often as i should which means that i am not using them in my trading. I will be drawing BRN from now on..the little voice in my head use to whisper it but i ignored it...as you do = money gone ! My analysis is that we are...Ignored
Dislikedwhat indicator are you using to draw those lines? and I think im seing the same thing as you. would like to see the MACD sell signal push the price to the 21 ema before a buy signals given and then a push to 9750ish(365 ema on daily chart) where it may forma nice topIgnored
DislikedEur/Usd analysis... Waiting for retrace to 21 or 89 before confirmation to buy. 1) BRN above current price. 2)Price above / away from 8, 21 and 89. 3)Macd showing bearish lines when price is bullish (divergence?) Ideas suggestions welcome. {image}Ignored
Disliked{quote} Hi there Yaakruay, This one is still building and the Rythym is setting up as we would like to see it. Price hit the BRN at 1.3700 and has made a slow & deliberate retrace to its Magnet ( the 8ma). There was a strong effort to return all the way to the 21 but according to our rules, it is not necessary to actually touch. I recall Phillip telling us that a mid-point retrace is all we need to see. This one is therefore perfect. Note the consistent Lower Highs in price and then look at the Macd. It also made a nice down trend with Lower Highs....Ignored
Disliked{quote} Awesome thanks for the time...its amazing the little titbits that confirm and clarify things. Slow meander down in price and macd...can signal a build up of support and not a CoT... Nice as I have been fixed on this for a while and learning to ignore large fast candles. The problem with fast large candles is what do you do...go with them or against them and either choice is usually too late or early, IMHO. Flattening of the macd...i like it...so at this point would you switch to the H1 chart and wait for Macd to go over the zero line, or...Ignored
DislikedPOUND : I am posting this & hope someone will give some feedback. Perhaps Trademin might see this and offer his ideas. Yvon - we are waiting patiently for a drop down as in previous posts but I wonder if there is still a bit of space for price to make another charge up at least to recent Highs. Can you offer an idea on possible target measure here if I am seeing the making of a nice round cup ? {image} Cheers to everyoneIgnored
DislikedWaaahey... Money in the bank from the Eur/Usd... used the same trading model as the Aud/Usd.. But i am now hooked on the Aud/Usd and really want to trade it...just to test my learning here on the open forum... My feelings now. Want to buy. Price broke BRN Retraced a little but stayed above. 4 Green bars on Macd and lots of room to go up. BUT...i am new to this currency and not sure if i am happy putting my stop loss under the last low nearly a 100 pips.. Ideas / suggestions... {image}Ignored
Disliked{quote} Hi Binnie, thanks for being active here, ok, be careful this morning, 8.30 hrs is2 US reports that could bring volatility, but yes we could see a GBPUSD going higher,making a TC there where you mentioned. USD Non-Farm Employment Change and Unemployment rate.---I went for silver. I am very glad the way it turned out! On the daily, price broke the 21ema, as well as the downtrend channel, macd making RB, positive divergence. Got involve on oct 18 at the breakout in there, just above the 21ema. nice profit each time. Looks like a change...
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DislikedHi, Took this trade EurJpy on 21st October and was close out on 22 October for a gain of 52pips. I was not there to watch the trade with the profit target was hit. Otherwise I could have adjusted my target and stop loss to make another 50pips gain. but no regret as all went well. Appreciate you insight to this trade and feedback if my analysis was sound. And hope I have made the chart easy to follow. Thanks for your support. {image}Ignored