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  • #34,601
  • Oct 19, 2014 7:37am Oct 19, 2014 7:37am
Quoting DaddyBear
What does this UJ Daily DBX tell you? {image}
The answer to above question is available in the DBX user manual, http://daddybearforex.com/dbx-trading-system.html.
For your convenience, I would post the setups for you if you are a lazybones.

http://www.forexfactory.com/attachme...1&d=1413729346
daddybearforex. com
  • #34,602
  • Oct 19, 2014 8:31am Oct 19, 2014 8:31am
Now let's shift the gear to UJ H4 DBX.
Do you know what UJ's next move is?

http://www.forexfactory.com/attachme...1&d=1413732579
daddybearforex. com
  • #34,603
  • Oct 19, 2014 10:55am Oct 19, 2014 10:55am
Do you know what AU's next move is?
Attached Image
daddybearforex. com
  • #34,604
  • Oct 19, 2014 11:03am Oct 19, 2014 11:03am
Do you know what EJ's next move is?
This is a H4 DBX convergence pattern.

http://www.forexfactory.com/attachme...1&d=1413741101
daddybearforex. com
  • #34,605
  • Oct 19, 2014 11:03am Oct 19, 2014 11:03am
Quoting DaddyBear
Do you know what EJ's next move is? This is a H4 DBX convergence pattern. {image}
A DBX convergence pattern indicates the uncertainty before a big move.
When this pattern appears, stay at the sideline because it may go either way.

Quoting DaddyBear
{quote} A DBX convergence pattern indicates the uncertainty before a big move. When this pattern appears, stay at the sideline because it may go either way.
However, based on gold DBX Index, the odds of going up are much higher than going down.
daddybearforex. com
  • #34,606
  • Oct 19, 2014 1:10pm Oct 19, 2014 1:10pm
AU gaped up but outlook is grim.
daddybearforex. com
  • #34,607
  • Oct 19, 2014 1:15pm Oct 19, 2014 1:15pm
Quoting DaddyBear
{quote} A DBX convergence pattern indicates the uncertainty before a big move. When this pattern appears, stay at the sideline because it may go either way. {quote} However, based on gold DBX Index, the odds of going up are much higher than going down.
EJ gaped up and continues to go up.
EJ H4 DBX projected current move.
Gold DBX Index is critical on detecting the direction changes.
daddybearforex. com
  • #34,608
  • Oct 19, 2014 1:19pm Oct 19, 2014 1:19pm
There are no MT4 DBX updates available before 1700 EST because the broker is not open yet.
daddybearforex. com
  • #34,609
  • Oct 19, 2014 3:10pm Oct 19, 2014 3:10pm
DB
Instead of asking questions on the charts you've posted, why don't you explain them so people can see how DBX works?
People are not going to read your manual and they don't know what LDB, UDB etc are
Have a nice day
  • #34,610
  • Edited 7:55pm Oct 19, 2014 5:24pm | Edited 7:55pm
AU H1 DBX has had two setups so far.
Attached Image
daddybearforex. com
  • #34,611
  • Edited 6:27pm Oct 19, 2014 5:29pm | Edited 6:27pm
Quoting billv
DB Instead of asking questions on the charts you've posted, why don't you explain them so people can see how DBX works? People are not going to read your manual and they don't know what LDB, UDB etc are
Firstly, I did not know what questions they might have.
While I am promoting DBX, I do wish people can learn how to use DBX and get the most out of it when trading the Forex.
I posted DBX trading setups at this thread and EYI. If some of them are lazybones, no matter how I do, they are not going to make it in the Forex Land anyway.
daddybearforex. com
  • #34,612
  • Oct 19, 2014 5:35pm Oct 19, 2014 5:35pm
Let me post DBX components again.
Attached Image (click to enlarge)
Click to Enlarge Name: Components.PNG Size: 9 KB
daddybearforex. com
  • #34,613
  • Oct 19, 2014 5:38pm Oct 19, 2014 5:38pm
If you are using DBX, please post your questions, if any.
I will reply to your questions at this thread or at EYI.
daddybearforex. com
  • #34,614
  • Edited 6:05pm Oct 19, 2014 5:45pm | Edited 6:05pm
AU H4 DBX has shown the potential of further upward move.
Right now AU is in the middle of H4 range. Theoretically, it can go either way.
However, since 3 out 4 components are pointing to the north, the odds of going down are less than 50%.
EDIT: This outlook is within H4 context.
Attached Image (click to enlarge)
Click to Enlarge Name: 101914-H4-AU-2.PNG Size: 50 KB
daddybearforex. com
  • #34,615
  • Oct 19, 2014 5:51pm Oct 19, 2014 5:51pm
Quoting DaddyBear
Do you know what AU's next move is? {image}
can u tell us pls?

http://www.forexfactory.com/attachme...1&d=1413741293
  • #34,616
  • Edited 6:09pm Oct 19, 2014 5:51pm | Edited 6:09pm
To DBX users:
Please look at UJ H4/H1 DBX.
A potential setup is in the making.
daddybearforex. com
  • #34,617
  • Oct 19, 2014 5:53pm Oct 19, 2014 5:53pm
Quoting DaddyBear
AU H4 DBX has shown the potential of further upward move. Right now AU is in the middle of H4 range. Theoretically, it can go either way. However, since 3 out 4 components are pointing to the north, the odds of going down are less than 50%. {image}
i thought the outlook was grim?
Quoting DaddyBear
AU gaped up but outlook is grim.
  • #34,618
  • Oct 19, 2014 5:59pm Oct 19, 2014 5:59pm
Quoting HelloOz
{quote} can u tell us pls? {image}
Usually, the pattern indicates a downward move is underway;
however, the chart stopped at Friday close. Anything can happen at Sunday open.
daddybearforex. com
  • #34,619
  • Oct 19, 2014 6:03pm Oct 19, 2014 6:03pm
Quoting HelloOz
{quote} i thought the outlook was grim? {quote}
Current H4 DBX has shown the potential to the upside but Daily DBX tells another story.
That was the reason why I mentioned the outlook is grim.
daddybearforex. com
  • #34,620
  • Oct 19, 2014 6:11pm Oct 19, 2014 6:11pm
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Online support of DBX at EYI (http://www.forexfactory.com/showthread.php?t=409366) and Aussie (http://www.forexfactory.com/showthread.php?t=374571) threads mainly includes answering questions related to DBX components' functions and setups. No recommendations of trading entries or exits are to be provided.

Register your live or demo account at http://daddybearforex.com (http://daddybearforex.com/dbx-trading-system.html).
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