{quote} Sir can u pls teach us exceptions to thr rules in post one? I need to sit back now and learn! See u later when u ve explained ur sys in greater details!
Ignored
Opemipo, read from post #1 downwards carefully. I will be posting some trades next week.
Time it carefully, Plan it thoroughly, Trade it confidently!
In the upcoming week, I will have my eyes on this potential short setup on the AJ h4. So far showing failure at this FLB high.
This level is also looking like good resistance on the daily chart. So I expecting price to head up there, may be gap up, and possibly topple, will be watching the PA here at 96.07.
Attached Image (click to enlarge)
Time it carefully, Plan it thoroughly, Trade it confidently!
I am also watching NJ, which is showing a potentially strong short setup.
On the weekly chart, there is a FLB showing weakness at the high of 88.87.
On the daily chart, we see price stalling at the FHB which triggered strong selling previously.
And on the H4, two FHBs have formed. I am expecting another test of 88.87 or near there and if this level holds, I will short.
I have marked the FLB on the daily at 88.00 which may create some level of support.
Attached Image(s) (click to enlarge)
Time it carefully, Plan it thoroughly, Trade it confidently!
It appears that the charts will show different results depending on the broker. If I look at Oanda the charts are quite different from yours. But Pepperstone is very close. I guess if we want to follow your trades do we need to use the same broker.
Nice work ooolaaaa. It requires patience. Though many use fractals, you just took your time to explain with charts and to maintain discipline. I will share my views. And I came to you by your name oolaa as it remembered WALL-E movie.
Anyway ... nice work.
It appears that the charts will show different results depending on the broker. If I look at Oanda the charts are quite different from yours. But Pepperstone is very close. I guess if we want to follow your trades do we need to use the same broker.
Nice work ooolaaaa. It requires patience. Though many use fractals, you just took your time to explain with charts and to maintain discipline. I will share my views. And I came to you by your name oolaa as it remembered WALL-E movie. Anyway ... nice work.
Ignored
Thanks arunthegreat! Yes it does require patience. Your views are welcome anytime.
Time it carefully, Plan it thoroughly, Trade it confidently!
It appears that the charts will show different results depending on the broker. If I look at Oanda the charts are quite different from yours. But Pepperstone is very close. I guess if we want to follow your trades do we need to use the same broker.
Ignored
It will not make a difference here. Sometimes very rare may be. But nevermind. It will work.
Potential swing back long trade on EJ monthly at 137.50. This could send EJ flying back to 145. I will be watching the PA at this level. There is also a daily FLB high which is now being tested at 137.43. A key level of resistance to watch is the low of the monthly FHB at 138.42. No monthly bar has closed below this price, however on the H4, we are trading below this level and price sharply fell off this level on Friday.
So far though, a strong bullish reversal may be in play as friday's sell off ended with a double bottom this morning and is headed back to the monthly FHB low.
Attached Image(s) (click to enlarge)
Time it carefully, Plan it thoroughly, Trade it confidently!
