{quote} Hi ARROW, your chart is getting me confuse. would you show me the BoZ on your chart. the BoZ means for me: Bounce off Zero, (sometime just go through Zero but pull back) Thank you.SAKA showed a nice BOZ example post 21901 it looks like this: {image}
{quote} Hi Yvon, Thank you. Ok my entry is at the blue vertical (at the close of that bar). At the MACD it was zero break (break through the zero MACD line), that where i made my decision to enter the trade. Is zero break not a signal to enter a trade? Please tell me if that is so for i must correct myself. Yes, you have attached a good chart there. As for your explanation, I think you advice well reasoned out. After all, there is no right or wrong in forex trading. It is about probability ..... taking trades with high probability of making gain....
{quote} Hi all. Thought I'd do a little research on ema vs. sma. I found a great 2 min. video from Investopedia regarding the difference see attached below. From what I understand the ema is a somewhat more aggressive indicator when compared to the sma. http://www.investopedia.com/video/play/sma-versus-ema/ Hope this adds clarity to the difference in the two. Trade well,
{quote} Greetings Nicholas - welcome to our home. We will enjoy seeing your charts . Please ask questions & we will do our best to help. This is a thread where we all learn from each other.Below is my attempt at your translation via Google - I hope it means well for you.
Поздрав Никола - добродошли у наш дом. Ми ћемо уживати...
{quote} Hi Art, Cheers for that homework mate. Appreciate your input on the thread. My eldest son is getting married today so had better turn my laptop off now. But I will look forward to seeing the video very soon. Have a great weekend (you & everyone else )
Congradulation of your son BINNIE!Cheers! What a beautiful Day!Hey! What a beautiful wedding day to remember! I joint sincere taught of prosperity and love for them! Congradulation!Congrats too Binnie... This thread is now top banana, so much information coming through.. Can anyone help me, i just cannot see TC's I have read/looked at the P.Nells pdf and have the diagrams pinned on the wall above my pc....i know the names and i know what they look like...B U T i just cannot anticipate or see them when they are there.... If possible could someone make an upload of this weeks TC on the macd i don't care which currency.. I have put up the E/U for an example.. I know someone was doing it previously and quite recently but i cannot...
it should give you abreviation on the indicator of RT, TC, etc...
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need to learn about free-riding a lot. Please teach me..
Congrats too Binnie... This thread is now top banana, so much information coming through.. Can anyone help me, i just cannot see TC's I have read/looked at the P.Nells pdf and have the diagrams pinned on the wall above my pc....i know the names and i know what they look like...B U T i just cannot anticipate or see them when they are there.... If possible could someone make an upload of this weeks TC on the macd i don't care which currency.. I have put up the E/U for an example.. I know someone was doing it previously and quite recently but i cannot...
My previous trade. Entry at a candle after the shooting star. Just targeting EMA21, the pullback. Put SL at the psychological level of 1.6250 It turns out that it broke below the EMA. Stick to the plan. Need to be more flexible in adjusting the trade according to the market condition. But because this is the counter-trend trade, I decide not to join the free ride as it would be riskier than trend trading. For now..
Well I'm looking for and expecting the next trade in the coming hours. I'm waiting for the (hopefully) coming low...or did we already had that low?! (ofcourse confirmed by the MACD) If the last low holds and I got a MACD trigger (maybe a BoZ= Bounce of zero?!) then we maybe have a new opportunity at the EUR/USD... if not we maybe need to wait untill price tested the SMA89.... or can sma368 hold the price...?! Well we see and wait...
