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  • #34,621
  • Oct 19, 2014 8:12pm Oct 19, 2014 8:12pm
Quoting DaddyBear
{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.
thx DB
  • #34,622
  • Oct 19, 2014 8:26pm Oct 19, 2014 8:26pm
Quoting HelloOz
{quote} thx DB
Koala, you are welcome.
Although it is grim in Daily context, the degree of bearish sentiment is not that extreme based on the daily DBX.
daddybearforex. com
  • #34,623
  • Oct 19, 2014 8:38pm Oct 19, 2014 8:38pm
Quoting DaddyBear
{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.
AU Daily DBX indicates a convergence pattern has formed.
This pattern is not bullish. See DBX trading Setups below for reference.
Attached Image (click to enlarge)
Click to Enlarge Name: Setups.PNG Size: 24 KB
Attached Image
daddybearforex. com
  • #34,624
  • Oct 19, 2014 8:42pm Oct 19, 2014 8:42pm
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%. EDIT: This outlook is within H4 context. {image}
DBX patterns don't lie....
daddybearforex. com
  • #34,625
  • Edited 9:55pm Oct 19, 2014 8:45pm | Edited 9:55pm
Quoting DaddyBear
AU H1 DBX has had two setups so far. {image}
Before

http://www.forexfactory.com/attachme...1&d=1413764653

After
Attached Image
daddybearforex. com
  • #34,626
  • Oct 19, 2014 8:53pm Oct 19, 2014 8:53pm
Quoting DaddyBear
{quote} AU Daily DBX indicates a convergence pattern has formed. This pattern is not bullish. See DBX trading Setups below for reference. {image} {image}
Finally here after purchasing and setting up my charts and reading the manual ....ready to make some pips



DB,

To me and on my chart, it shows AU Daily can go both ways as both UDB and LDB are converging with MDB and DBX. 50/50 here I believe

EDIT: actually feels like a breakout to the upside is on the table as LDB and MDB have merged

EDIT2: But looked at the weekly it seems like a bearish sentiment
  • #34,627
  • Oct 19, 2014 9:08pm Oct 19, 2014 9:08pm
Quoting BlkR
{quote} Finally here after purchasing and setting up my charts and reading the manual ....ready to make some pips DB, To me and on my chart, it shows AU Daily can go both ways as both UDB and LDB are converging with MDB and DBX. 50/50 here I believe EDIT: actually feels like a breakout to the upside is on the table as LDB and MDB have merged EDIT2: But looked at the weekly it seems like a bearish sentiment
BILK, thanks for leasing DBX license.
Based on H4, a short term move to the north can be verified by DBX setups.
The Daily DBX is bearish and Weekly is converging.
daddybearforex. com
  • #34,628
  • Oct 19, 2014 9:10pm Oct 19, 2014 9:10pm
Quoting DaddyBear
{quote} BILK, thanks for leasing DBX license. Based on H4, a short term move to the north can be verified by DBX setups. The Daily DBX is bearish and Weekly is converging.
DB,

Daily DBX is bearish bcos DBX has crossed over MDB and UDB is converging to MDB ? Showing it has higher chance of going back down ?
  • #34,629
  • Oct 19, 2014 9:18pm Oct 19, 2014 9:18pm
Quoting BlkR
{quote} DB, Daily DBX is bearish bcos DBX has crossed over MDB and UDB is converging to MDB ? Showing it has higher chance of going back down ?
Daily DBX has not crossed under MDB but it moves toward south.
As such H4 move is not likely to last long.
daddybearforex. com
  • #34,630
  • Oct 19, 2014 9:22pm Oct 19, 2014 9:22pm
Quoting DaddyBear
{quote} Daily DBX has not crossed under MDB but it moves toward south. As such H4 move is not likely to last long.

Thanx DB,
yes DBX has just merged but not crossed under MDB yet
  • #34,631
  • Oct 19, 2014 9:26pm Oct 19, 2014 9:26pm
Quoting BlkR
{quote} Thanx DB, yes DBX has just merged but not crossed under MDB yet
DBX Daily components do not change direction easily.
H4 is under Daily control. Any opposite moves have its limit.
daddybearforex. com
  • #34,632
  • Oct 19, 2014 10:23pm Oct 19, 2014 10:23pm
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%. EDIT: This outlook is within H4 context. {image}
DB

Good work, this is how you do it
Its not about being lazy, people who are new to your system need to understand how to use it
or they won't see the value in purchasing it.
Have a nice day
  • #34,633
  • Oct 19, 2014 10:25pm Oct 19, 2014 10:25pm
To DBX users:
Please look at AU M15/H1 DBX.
A potential setup is in the making.
daddybearforex. com
  • #34,634
  • Oct 19, 2014 10:54pm Oct 19, 2014 10:54pm
If you don't know what setups I mentioned,
get your free trial of DBX and see for yourself.
daddybearforex. com
  • #34,635
  • Oct 19, 2014 10:57pm Oct 19, 2014 10:57pm
Quoting DaddyBear
To DBX users: Please look at AU M15/H1 DBX. A potential setup is in the making.
AU H1 DBX has had one setup 30 minutes ago.
daddybearforex. com
  • #34,636
  • Oct 19, 2014 11:02pm Oct 19, 2014 11:02pm
Quoting billv
{quote} DB Good work, this is how you do it Its not about being lazy, people who are new to your system need to understand how to use it or they won't see the value in purchasing it.
I understand your point.
However, it only takes a few minutes to read three charts in the user manual.
Without knowing the basic, nobody would see what I see on the DBF charts.
daddybearforex. com
  • #34,637
  • Oct 19, 2014 11:03pm Oct 19, 2014 11:03pm
To DBX users:
Please look at EJ M15/H1 DBX.
A potential setup is in the making.
daddybearforex. com
  • #34,638
  • Oct 19, 2014 11:04pm Oct 19, 2014 11:04pm
Quoting DaddyBear
{quote} AU H1 DBX has had one setup 30 minutes ago.

30 mins ago a potential setup, so based on H1 should be ready to sell ?
  • #34,639
  • Oct 19, 2014 11:07pm Oct 19, 2014 11:07pm
Quoting BlkR
{quote} 30 mins ago a potential setup, so based on H1 should be ready to sell ?
I used AU M15 to enter the trade 30 minutes ago.
Now watch EJ M15/H1 DBX.
daddybearforex. com
  • #34,640
  • Oct 19, 2014 11:08pm Oct 19, 2014 11:08pm
Quoting DaddyBear
{quote} I used AU M15 to enter the trade 30 minutes ago. Now watch EJ M15/H1 DBX.

but not H1 or H4 was confirmed?
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