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  • #34,501
  • Oct 17, 2014 1:51am Oct 17, 2014 1:51am
Quoting DaddyBear
{quote} Unfortunately, the loser is to be EU......

and looks like taking AU with it

EDIT: sorry all the majors
  • #34,502
  • Oct 17, 2014 1:53am Oct 17, 2014 1:53am
Quoting BlkR
{quote} sorry DB what you mean by zigzag , can you draw it up on the chart?
This is my imagination which may not happen in the end...
Attached Image
daddybearforex. com
  • #34,503
  • Oct 17, 2014 1:55am Oct 17, 2014 1:55am
Quoting BlkR
{quote} and looks like taking AU with it EDIT: sorry all the majors
UJ is not going down with EU.
daddybearforex. com
  • #34,504
  • Oct 17, 2014 1:56am Oct 17, 2014 1:56am
Quoting DaddyBear
{quote} UJ is not going down with EU.

THe question is how to trade a convergence, this is a perfect example
  • #34,505
  • Oct 17, 2014 1:59am Oct 17, 2014 1:59am
Quoting BlkR
{quote} THe question is how to trade a convergence, this is a perfect example
Watch GREEN and RED Indexes. When both are going down and cyan DBX Index crosses under MDB, it's time to short and vice versa.
daddybearforex. com
  • #34,506
  • Oct 17, 2014 2:02am Oct 17, 2014 2:02am
Quoting DaddyBear
{quote} Watch GREEN and RED Indexes. When both are going down and cyan DBX Index crosses under MDB, it's time to short and vice versa.
Ive sold EU , due to all signals showing down , lower and higher tf
  • #34,507
  • Oct 17, 2014 2:15am Oct 17, 2014 2:15am
AU H1 DBX is an interesting pattern now.
It is a bearish flag but blue MDBi tells another story....
Attached Image
daddybearforex. com
  • #34,508
  • Oct 17, 2014 2:17am Oct 17, 2014 2:17am
Quoting DaddyBear
AU H1 DBX is an interesting pattern now. It is a bearish flag but blue MDBi tells another story.... {image}
And now, AU H1 DBX pattern has changed to a bullish one...
Notice that yellow LDB hooked up.
Attached Image
daddybearforex. com
  • #34,509
  • Oct 17, 2014 2:25am Oct 17, 2014 2:25am
Quoting DaddyBear
{quote} And now, AU H1 DBX pattern has changed to a bullish one... Notice that yellow LDB hooked up. {image}

Would we want to wait for UDB to hook up or would it be too late? BUT H4 is still showing bearish
  • #34,510
  • Oct 17, 2014 2:30am Oct 17, 2014 2:30am
Quoting BlkR
{quote} Would we want to wait for UDB to hook up or would it be too late? BUT H4 is still showing bearish
Because most H1 DBX components are all up, I would use H1 for entry even though UDB is not up yet.
H4 DBX is a bit lagging. However, it is the final leg of a consolidation pattern. I would rely on H1 DBX.
daddybearforex. com
  • #34,511
  • Oct 17, 2014 2:32am Oct 17, 2014 2:32am
Based on H1 DBX, AU is on the verge of a breakout.
daddybearforex. com
  • #34,512
  • Oct 17, 2014 2:43am Oct 17, 2014 2:43am
Quoting DaddyBear
Based on H1 DBX, AU is on the verge of a breakout.

and thank god i bought it at 0.87538
  • #34,513
  • Oct 17, 2014 2:46am Oct 17, 2014 2:46am
Quoting BlkR
{quote} and thank god i bought it at 0.87538
Nice! I would give thanks to God that I could created DBX Trading System to help FX traders like you.
daddybearforex. com
  • #34,514
  • Oct 17, 2014 2:47am Oct 17, 2014 2:47am
Quoting DaddyBear
{quote} Nice! I would give thanks to God that I could created DBX Trading System to help FX traders like you.

and hope i am right with EU lol
  • #34,515
  • Oct 17, 2014 2:47am Oct 17, 2014 2:47am
Quoting DaddyBear
Based on H1 DBX, AU is on the verge of a breakout.
Now, we all know how reliable DBX is....
Attached Image
daddybearforex. com
  • #34,516
  • Oct 17, 2014 2:50am Oct 17, 2014 2:50am
Quoting DaddyBear
{quote} Now, we all know how reliable DBX is.... {image}
There is no news. AU's surge was preset longtime ago. DBX is the system to decipher such a preset path.
daddybearforex. com
  • #34,517
  • Oct 17, 2014 2:51am Oct 17, 2014 2:51am
Quoting BlkR
{quote} and hope i am right with EU lol
Set your SL. EU may snap back.
daddybearforex. com
  • #34,518
  • Oct 17, 2014 2:51am Oct 17, 2014 2:51am
Quoting DaddyBear
{quote} Set your SL. EU may snap back.

25 pips

EDIT: Got out at -3 pips, M15 doesnt look too good there, but Im 21 pips ahead on AU
  • #34,519
  • Oct 17, 2014 2:54am Oct 17, 2014 2:54am
Quoting BlkR
{quote} and thank god i bought it at 0.87538
I think a lot of people who were here did not buy because they might think I was speaking Greek....
daddybearforex. com
  • #34,520
  • Oct 17, 2014 2:55am Oct 17, 2014 2:55am
Quoting BlkR
{quote} 25 pips EDIT: Got out at -3 pips, M15 doesnt look too good there, but Im 21 pips ahead on AU
Place SL at BE if you will.
daddybearforex. com
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