back short (in late) flag PB 38.2 and break
1m
EDIT out +22 127%
1m
EDIT out +22 127%
nescentia necat
Trading is this Simple? Finally Explained simple and clearly! 46 replies
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long-run profits impossible with short-term trading? 39 replies
DislikedGER30 +110+163. +84. +20. Done for the day. Why was the TP at the 161.8% Exp and not the 200%, simple the "3" point extended past the 61.8% retr of the 123 pattern, CD=AB that makes the 161.8% the target, also just above is the 38% Retr of yesterdays Hi Lo. I have circled the points of interest. The last trade was a bit optimistic, Dbl Btm +div @ S&R, technically a good looking setup, but, we had already had a Lower High so I was cautious, I killed it after the 5 pip showed another LH. Also look at the stochs, did not make it back above the 50%....Ignored
Disliked{quote} this is my 10p until now... but I do not have all those beautiful levels !! tristeza {image} {image} 1m {image} we also want those 123 good levels . This is not fair! dee knows already do! are we that we need!! it rains, it pours!Ignored
Disliked{quote} See what you mean, this is another brokers chart it too has a different Low than the one I am currently using. IG.com are showing 9456 as the low Investing.com are showing 9496 as the low Obviously just like the Forex market it is take your pick!!! {image}Ignored
Disliked{quote} Yes sure, It is not the first time that we talk about these differences, but I am always surprised when it happens ... however, it was said in jest, to each his own choice!Ignored
Disliked{quote} I'd say this is difference between 24h DAX and normal one. I use normal dax for pivot points and trade 24h for better spread and analysis.Ignored
DislikedJust when I thought I was getting the hang of divergence... what's the better signal stochastics or macd? {image}Ignored
Disliked{quote} On Renko charts the MACD is best for Divergence signals because Stochastics will repeatedly max out at OB or OS, however, when Stochastics does show Divergence as in your chart it is worth taking notice of. BTW you realize that the MACD is not showing Divergence in this chart? or are you just highliting the difference?Ignored
DislikedGER30. +70(x2). +57(x2). +45(x2). I actually thought Draghi sounded quite mellow, he certainly did not say much considering how many words he used, do you think he will eventually become president of Italy he seemed to be practising to become a politician. EDIT. I have added the 5 pip chart otherwise you might be wondering why I took any of the trades. EDIT. Sorry I left off the 2b + Div, I have replaced the 5 pi chart chart. {image} {image}Ignored
DislikedGER30 +110+163. +84. +20. Done for the day. Why was the TP at the 161.8% Exp and not the 200%, simple the "3" point extended past the 61.8% retr of the 123 pattern, CD=AB that makes the 161.8% the target, also just above is the 38% Retr of yesterdays Hi Lo. I have circled the points of interest. The last trade was a bit optimistic, Dbl Btm +div @ S&R, technically a good looking setup, but, we had already had a Lower High so I was cautious, I killed it after the 5 pip showed another LH. Also look at the stochs, did not make it back above the 50%....Ignored
Disliked{quote} Thank you, but you have come a long way your self, I remember when you first arrived, still dribbling out of the corner of your mouth and now look at you. Time for my afternoon nap. CU 2morowIgnored
Disliked{quote} Hello dee, you are really bringing home the pips. for a beginner that wants to master just a chart, which do you reconmend; currency or GER30? What is your setting of ultimate arrow indi? Is your MACD same as the regular one on mt4 platform?Ignored
Disliked{quote} Currency or DAX. You should ask the others, which do they find the easiest to trade. Ultimate Arrows. attached. MACD. std MT4 Ultimate Arrows 5 pip {image} Ultimate arrow 10 pip {image}Ignored
Disliked{quote} I tend to agree with you, except I ignore long wicks when I draw my trend lines so at the moment we could be at a channel bottom / trend line. also ADR is 387 pips for today far in excess of the average 241 pips, and there is Divergence on the 4 hr. At this moment i would not be prepared to money on which direction we are going. {image} {image}Ignored