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ZigZag Charm

  • #61
  • May 3, 2017 5:22am May 3, 2017 5:22am
Quoting classy
{quote} hi mate in this chart you show last leg /hi cross with red candle right ..is it possible when last left leg break up or down it draw vertical line and if possible also draw horizontal line at break point as i draw manually in many image i already upload .any question plz don't hesitate to ask..
I will see what I can come up with over the weekend mate.
This is not investment/trading advise. Will not hold accountable for loss
  • #62
  • May 3, 2017 5:38am May 3, 2017 5:38am
AUDUSD

Closing sell order and sell pending orders.
50 pips profit
Closing because we could have a morning star pattern shortly.

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #63
  • May 3, 2017 5:48am May 3, 2017 5:48am
Quoting yousername
{quote} I think who ever wins the election won't matter so much. Look @ Donald Trump. People said when he won, USD will be plummeted immediately, the fact was not really.
Couldn't agree more
Risk comes from not knowing what you're doing.
  • #64
  • May 3, 2017 5:51am May 3, 2017 5:51am
Quoting dragonexpert
{quote} Couldn't agree more
welcome mate.
This is not investment/trading advise. Will not hold accountable for loss
  • #65
  • May 3, 2017 6:10am May 3, 2017 6:10am
GBPUSD Daily,

Somehow my gut telling me this should be a buy!
My last trade only got 20 profit.
Hopefully this time forward after the FED and NFP, 10 or 15X profit to the upside is possible

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #66
  • May 3, 2017 6:15am May 3, 2017 6:15am
Quoting yousername
GBPUSD Daily, Somehow my gut telling me this should be a buy! My last trade only got 20 profit. Hopefully this time forward after the FED and NFP, 10 or 15X profit to the upside is possible {image}
on the weekly, seeing the volume, we have an increase volume consecutively on those bull bars since the last 2 weeks

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #67
  • May 3, 2017 7:06am May 3, 2017 7:06am
NZDUSD H1

Morning star appeared on the 50% retracement (red box) of the 1st impulse move (pale green box).
If you're willing to take risk to buy this market, make the last few pips below the doji's low as the SL
We could have more 5 to 1 Risk Reward Ratio

Attached Image (click to enlarge)
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yousername out
This is not investment/trading advise. Will not hold accountable for loss
  • #68
  • May 3, 2017 7:13am May 3, 2017 7:13am
Quoting yousername
NZDUSD Daily (Soft) First we began with a bearish reversal at the top of wave 1 or leg 1. The bearish reversal pattern was a head and shoulder. Now.... We have accomplished 5 waves move down. The 5th wave ends with a bullish divergence from Leg 3 to Leg 5 (highlighted in blue lines). Expect to buy this sucker when the daily candle closes above 0.69194 Or Buy when tomorrow NZDUSD news are above expected. {image}
I still hold my bullish view/bias.
I have my bullish fail switch plan but I don't look forward to it.
This is not investment/trading advise. Will not hold accountable for loss
  • #69
  • May 3, 2017 7:15am May 3, 2017 7:15am
Quoting yousername
NZDUSD H1 Morning star appeared on the 50% retracement (red box) of the 1st impulse move (pale green box). If you're willing to take risk to buy this market, make the last few pips below the doji's low as the SL We could have more 5 to 1 Risk Reward Ratio {image} yousername out
Notice the bullish hidden divergence of the bottom of the first impulse leg and the bottom of the retracement.
We have a lower momentum on the low of the retracement than on the low of the first impulse leg.
So I bet, it goes higher.

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #70
  • May 3, 2017 12:02pm May 3, 2017 12:02pm
Quoting yousername
AUDUSD Closing sell order and sell pending orders. 50 pips profit Closing because we could have a morning star pattern shortly. {image}
Didn't expect it would continue down that far, crap.... Gotta wonder the FED news would be a doji in the 4hr chart. Better yet a bullish engulfing pattern. That way we have a double bottom.
ALternatively just sell this sucker.
This is not investment/trading advise. Will not hold accountable for loss
  • #71
  • May 3, 2017 1:40pm May 3, 2017 1:40pm
NZDUSD 4HR sold looking for a 30 to 40 pips of profit.

Target 0.6864

Take at least 5 pips of profit as a break even.

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #72
  • May 3, 2017 1:49pm May 3, 2017 1:49pm
USDJPY position closed after 30ish PIPS
Time to go to bed.

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #73
  • May 3, 2017 2:00pm May 3, 2017 2:00pm
GBPUSD

closed this order for 40 pips profit

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #74
  • Edited 9:32pm May 3, 2017 6:03pm | Edited 9:32pm
After all the sells I did, I'm still bullish bias on GBP, CHF, EUR, NZD, AUD against the USD.
Expecting a mixed or stinky NFP etc results this Friday.
This is not investment/trading advise. Will not hold accountable for loss
  • #75
  • May 3, 2017 6:05pm May 3, 2017 6:05pm
Quoting yousername
NZDUSD 4HR sold looking for a 30 to 40 pips of profit. Target 0.6864 Take at least 5 pips of profit as a break even. {image}
It was a hair close to 0.6864.
This is not investment/trading advise. Will not hold accountable for loss
  • #76
  • Edited 7:46pm May 3, 2017 6:17pm | Edited 7:46pm
EURUSD H1

Attached Image (click to enlarge)
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The high and low of that particular bullish candle totally consumed the previous candle.
But it would be better if it would be so much bigger that can consume multiple candles.
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Yesterday interest rate news was like nothing compare to the the 28th Apri Asian/European session.l
This is not investment/trading advise. Will not hold accountable for loss
  • #77
  • May 3, 2017 9:21pm May 3, 2017 9:21pm
Quoting classy
fresh supply and no demand bar lets'wait for valid or anomaly {image}
GBPUSD 4H

Hey Classy, could you help me to understand this particular candle respective to its volume please?
What does it mean when we have a bearish doji with a higher volume/demand than the previous candle.
Please see the chart attached. Thanks in advance mate.

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #78
  • May 3, 2017 9:54pm May 3, 2017 9:54pm
EURUSD H1

Stop loss 3 to 4 pips below.

R:R ratio 5:1, 15 to 20 pips

Attached Image (click to enlarge)
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This is not investment/trading advise. Will not hold accountable for loss
  • #79
  • May 4, 2017 1:30am May 4, 2017 1:30am
Quoting yousername
EURUSD H1 Stop loss 3 to 4 pips below. R:R ratio 5:1, 15 to 20 pips {image}
Trade closed with 5 pips profit

EURUSD bleak future?
Looking forward to what comes up today
This is not investment/trading advise. Will not hold accountable for loss
  • #80
  • May 4, 2017 1:49am May 4, 2017 1:49am
Took the risk sold EURUSD

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This is not investment/trading advise. Will not hold accountable for loss
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