Gold. Still expecting a retrace to around 1295..
Shit Happens
30% A Month - Magnetic Djasta 12 replies
My way of trading by Using trend line , BL line & febo level 76 replies
Magnetic Target Zone with Capped Martingale 115 replies
the magnetic lines 11 replies
PinoFX Magnetic System 11 replies
DislikedDax (15 min) Wow.. you guys are so silent anyway... I am waiting to reach the short term targets on 15 min. chart. nothing special so far.. Happy Trades {image}Ignored
DislikedDax (15 min) Wow.. you guys are so silent anyway... I am waiting to reach the short term targets on 15 min. chart. nothing special so far.. Happy Trades {image}Ignored
Disliked{quote} Hi Ata, would you mind to share why you took this sell entry, can you please explain the reasons for it? have a nice week end.Ignored
Disliked{quote} Simple: Thanks to the magnetic lines strategy KiwiOz brought us on his thread. Because the trendline to the downside wasn't broken yet, I took my chances to open a short trade and stay short till a touch on both blue targets happens.. as the first blue target line was touched my confidence grew and I waited for a touch on the second target line more deeper. That almost happened but very quickly.. so it was time for me to get out.. I am too very new to this system so the more I draw magnetic lines the more I get used to it and can detect...Ignored
Disliked{quote} Thanks Ata ,I'm also new to this thread and I'm still reading till page 10...... , I'm trying to see things as KiwiOz but for sorry it's still not clear for me ,I wish there is a clear set of rules for entry and exits specially on page one as this could be helpful. I'm trying to learn from everyone and I appreciate any information. tashakurat afandem.... CheersIgnored
Disliked{quote} Wach for this setup whit the Blue lines...1H Chart {image}Ignored
Disliked{quote} Here y'go mate. Perhaps this will explain more. 1. Entry is taken on clear break of the purple trend lines. 2. Exit on reaching target blue lines. You could say it is akin to breakout trading with clear targets in focus. Once a target has been reached you should be looking for a target in the opposite direction. Edit... Have added this to the first post. {image} {image}Ignored
DislikedHi KiwiOz, Thanks for that example above in reply to geomoon, but I haven't yet been able to figure out how you draw the blue lines. Especially the vertical blue lines, they have really teased my brain LOL! The purple lines I do get how you draw though Would you be able to to post an isolated long trade example (and one for a short trade)? It would be greatly appreciated. Cheers!Ignored
Disliked{quote} Thanks KiwiOz for the clarification and forgive me if I sound like a newbie "which I am... " , I may have other questions which I hope you may answer. 1 -what is the criteria for the purple trend line , is it only the last two highs and lows ? 2- sometimes I see you place the blue line " lets call it the base line " on the tip of a candle and other times on close o the candle, is there a reason for that ? 3 - what is the best time frame do you use it for ?. Thanks in advanced CheersIgnored