{quote} Hi Numpy! When you see setup, in this case H4 time frame, allways go one time frame below setup TF and one above. If you look at H1 and M15, you ll find the answer. Cheers {image} {image}
Alien's Extraterrestrial Visual Systems
- #13,882
- Oct 1, 2015 6:56am Oct 1, 2015 6:56am
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Funny, but true. 
Work smarter,not harder
EU and GU nicely developing for long term drop.
As I said last week, EU will drop when H4 finds the top and it happened.
NFP numbers were bad for euro but price almost reached levels before NFP.
As Alien always said, stick with higher TFs and you'll be safe!
GU new monthly candel, we can see that fast stochatic turned down....sell, sell, sell
H1 needs to find the top and then we will see if it's gonna take H4 down.
As I said last week, EU will drop when H4 finds the top and it happened.
NFP numbers were bad for euro but price almost reached levels before NFP.
As Alien always said, stick with higher TFs and you'll be safe!
GU new monthly candel, we can see that fast stochatic turned down....sell, sell, sell
H1 needs to find the top and then we will see if it's gonna take H4 down.
- #13,888
- Oct 4, 2015 12:23pm Oct 4, 2015 12:23pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
Here is one example for next week on UC where we can see that price can't go down much more, so we can wait for smaller TFs to go long and scalp. When smaller TFs find top, we can short it and go with the H1 and H4 down. {image} {image}
Work smarter,not harder
- #13,889
- Oct 4, 2015 12:55pm Oct 4, 2015 12:55pm
- Joined Dec 2011 | Status: Part-time Trader | 1,519 Posts
In case some of you didn't notice,when the DS crosses the 8,3,3 sto is already oversold/overbought and that's not a good spot to enter because PA tend to pullback or even reverse like happened to AU.
So if you only trade when DS crosses its signal line,make sure that lower tf will resume again (adx powers up).
OR
When you spot a DS setup,follow lower tf and wait for adx expansion for that direction and enter (even if the DS didn't cross yet,we are able to lock some pips).
Just my two cents.
So if you only trade when DS crosses its signal line,make sure that lower tf will resume again (adx powers up).
OR
When you spot a DS setup,follow lower tf and wait for adx expansion for that direction and enter (even if the DS didn't cross yet,we are able to lock some pips).
Just my two cents.
Work smarter,not harder
- #13,893
- Oct 8, 2015 10:54am Oct 8, 2015 10:54am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Per aspera ad astra
- #13,900
- Edited 10:34am Oct 12, 2015 4:39am | Edited 10:34am
- Joined Jul 2013 | Status: Trader | 2,603 Posts
Hi everyone, It looks like oil is about to go north...! Weekly - Bullish divergence on both the stoch's and the RSIOMA! {image}
A DS trade short has been completed on the weekly. On Daily I'll wait for a retracement to enter long. TWT.
Per aspera ad astra