trailing aggressive
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Ratios & Harmonics: a Different Way to Trade
- #28,064
- Apr 24, 2017 4:31am Apr 24, 2017 4:31am
USDJPY 5m
Was looking for a possible long but the price action is really confusing, hard to say who is in charge, so better pass it for now.
Also the weekend gap below is a bit concerning, there's always the possibility for a fill...
Was looking for a possible long but the price action is really confusing, hard to say who is in charge, so better pass it for now.
Also the weekend gap below is a bit concerning, there's always the possibility for a fill...
the 3rd wave is the crowd's wave
- #28,066
- Apr 24, 2017 5:17am Apr 24, 2017 5:17am
GBPCHF 30m short
longer term order flow is up but on the HTF (4H) price is at resistance
trading TF order flow is down and looks like the bears are at a slight advantage, the only concern is that price rejected the lows at the most recent NSL. The pull back looks weak, it started with some strength but then weakened and stalled with a rotation candle on second test of the golden ratio (.618) and momentum (NSL swing) increased also slightly to the downside.
longer term order flow is up but on the HTF (4H) price is at resistance
trading TF order flow is down and looks like the bears are at a slight advantage, the only concern is that price rejected the lows at the most recent NSL. The pull back looks weak, it started with some strength but then weakened and stalled with a rotation candle on second test of the golden ratio (.618) and momentum (NSL swing) increased also slightly to the downside.
the 3rd wave is the crowd's wave
- #28,067
- Apr 24, 2017 5:24am Apr 24, 2017 5:24am
USDJPY 5m {image} Was looking for a possible long but the price action is really confusing, hard to say who is in charge, so better pass it for now. Also the weekend gap below is a bit concerning, there's always the possibility for a fill...
{quote} On the same page with you juriFX. Price action is confusing. Bears are trying to take the lead but Bulls are still in the fight
NSH achieved, now the projection is really weak and price is accelerating into the retrace, looks like bulls achieved only a temporary victory, although the momentum looks strong
the 3rd wave is the crowd's wave
- #28,078
- Apr 24, 2017 9:02am Apr 24, 2017 9:02am
GBPCHF 30m short {image} longer term order flow is up but on the HTF (4H) price is at resistance trading TF order flow is down and looks like the bears are at a slight advantage, the only concern is that price rejected the lows at the most recent NSL. The pull back looks weak, it started with some strength but then weakened and stalled with a rotation candle on second test of the golden ratio (.618) and momentum (NSL swing) increased also slightly to the downside.
GBPCHF 30m
the 3rd wave is the crowd's wave
- #28,080
- Apr 24, 2017 9:10am Apr 24, 2017 9:10am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
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