OK, I think I'm almost there but the settings on the strength meter I must have wrong or needs adjustment........any suggestions.....thanks in advance.
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DislikedOK, I think I'm almost there but the settings on the strength meter I must have wrong or needs adjustment........any suggestions.....thanks in advance. {image}Ignored
DislikedOK, I think I'm almost there but the settings on the strength meter I must have wrong or needs adjustment........any suggestions.....thanks in advance. {image}Ignored
DislikedHello Clive, Could you share your currency strength indie please may be then we could see what needs to be set properly, for one I see the currencies in redd should be blue and vice versa. {image}Ignored
DislikedHi Clive I am sorry for your loss, I know how it feels. I think I am at a loss with this ABCD HmmmmmmmmmmIgnored
DislikedHi Guys Thanks again for all the supportive comments its very much appreciated. I am going to carry on with my thread today despite posting problems so bear with me when I first post as I will have to go in after posting and edit it to make it readable, but can't wait any longer to resolve these posting issues. So carrying on from post 4 above: But hey guys its simple, every chart we've ever looked at is made up of the very simple ABCD move as shown below. This is all we need to trade forex succesfully, as hopefully I will demonstrate over the coming...Ignored
Disliked{quote} Hi Dennison Yes it works great on all time-frames no matter what you use but a word of warning. It is only an "indicator" which means it only "indicates" that a pair is worth looking at because its trending strongly BUT be warned trends come to an end. Now if you've done your homework I gave you earlier on the Elliot Wave theory then use your new found knowledge wisely when you look at a top trender pair. Ask yourself, which wave is this trend on? If wave 5 has just finished then give it a miss and wait for the abc move to finish and the...Ignored
DislikedWhole days review London and New York I always look back over the day to see what I could of done with a bit of hindsight. It always amazes me how easy it all looks looking back, if only it looked that easy going forward??? We'd all be millionaires wouldn't we?? The London session I covered above but the truth is I should of got that first trade and banked the reversal trade that I did catch, if you look at the chart the turn back down was on the cards with a failed drive higher and 2 HLs being taken out by one strong red move down. Divergence...Ignored
Disliked{quote} Hi Clive, All ABCD moves are not created equal. I separate the shaft from the wheat using volume on the entire leg to determine the strength of the push. Here is the "failed drive up" that you mention. {image}Ignored
DislikedHi Clivepackham...understand the frustration on the GJ 160 pip drop and thinking the daily low was in......would an average ADR on the pairs assist in any way....I know that they can always blow past the ADR when they are moving or on a news day or speech or whatever......just trying to think outside of the box to increase the odds.....Ignored