DislikedThankyou for sharing the information. I will demo next week and share my results.Ignored
g.
I believe . . .
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DislikedThankyou for sharing the information. I will demo next week and share my results.Ignored
Disliked{quote} Fabulous work Lenrod! Really cool to see you not getting carried away on the EUR/NZD and taking your sure pips off that major PPZ. That's the way to do it g.Ignored
Disliked{quote} Hey ghous, I was looking at the setup but I was looking for a breakout trade since price broke through the TL and the 150 and 365 EMAs. What kept me out from shorting bar 1 was the close above the LLS, Weekly LCS and inside the PPZ. Next day's bar (2) was an IB that closed like bar 1, it made me see it like a fake out scenario but the two EMAs just above the bar kept me out from buying. I think that I give too much importance to the S/R created by the EMAs, how should I look at them, how much strength do you think they have as dynamic S/R...Ignored
Disliked{quote} We have basically been in an elongated consolidation period. These periods are generally dreaded as many believe that there is more money to be made in a trending market. For my method I have come to understand that it works the best in side ways scenarios. Yes it means you gotta be quick with your profit taking but it also means a lot more tradable opportunities as obviously there are more carefully crafted swing points that you can feed off. As for the question pertaining to MAs in a sideways market, they do end up being very limited in...Ignored
DislikedDear Ghous. Please tell me, fake out works better on Daily chart or H4 chart? It depends on what? Thanks in advance for your reply. You often show charts (fake out) on H4, also and on Daily charts. I understand, it deepends on key levels of support/resistance (key levels of HHR or LLS), but i cannot understand when and how to use your method correctly on H4 or on Daily chart?Ignored
Disliked{quote} EUR/NZD was an easy pass based on the massive PPZ it was headed into. USD/CHFIgnored
Disliked{quote} if you draw the lines like you do EVERY LINE is a massive ppz and if it's not massive then it has a very short distance to go. (aka People Please Zoom !!). you only see what you want to see and you are not even profitable with what you do. james16 and mike might be profitable but you are not.Ignored
DislikedHi Ghous. Very interesting concept, thank you for sharing with us. Still need to read through a lot more materials but I wanna see if I got this right. eurusd D1, pending short at the blue line above, target at the blue line below, stoploss above the wick. Order set on demo account. {image}Ignored