ZigZag Charm | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

ZIGZAG Indicator 56 replies

Zigzag indicator with pip count? 9 replies

The Second Journal is the Charm 6 replies

Bat System EA HELP Modification works like a charm! 2 replies

Alert for zigzag? 1 reply

Attachments: ZigZag Charm
Exit Attachments

ZigZag Charm

  • #81
  • May 3, 2017 11:50pm May 3, 2017 11:50pm
Currently I'm working on adding additional feature on the ZigCharm.
The next iteration will comes with FIB Extension and Retracement of each leg
This is not investment/trading advise. Will not hold accountable for loss
  • #82
  • May 4, 2017 12:47am May 4, 2017 12:47am
Quoting yousername
Took the risk sold EURUSD {image}
breakeven -_-
This is not investment/trading advise. Will not hold accountable for loss
  • #83
  • May 4, 2017 12:49am May 4, 2017 12:49am
Quoting yousername
EURUSD H1 Stop loss 3 to 4 pips below. R:R ratio 5:1, 15 to 20 pips {image}
I wish I hold this position instead took 5 pips profit. Didn't expect a sudden moved down and bounced back reaching the 20 pips profit target -_-
This is not investment/trading advise. Will not hold accountable for loss
  • #84
  • May 4, 2017 1:00am May 4, 2017 1:00am
EURUSD

Being so hopeful for a couple hundred of pips to the upside
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 20 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #85
  • May 4, 2017 1:06am May 4, 2017 1:06am
Quoting yousername
EURUSD H1 {image} 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. {image} Yesterday interest rate news was like nothing compare to the the 28th Apri Asian/European session.l
The candle I look for is appearing on the 4H chart.
Trend continuation to the upside in 4H chart
We may have a false bearish breakout here

Hopefully it won't change to the opposite
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 26 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #86
  • May 4, 2017 1:21am May 4, 2017 1:21am
This is a very interesting methodology to calculate Zig-Zag, have you tried other oscillators also?
Keeping It Gangsta
  • #87
  • May 4, 2017 2:24am May 4, 2017 2:24am
Quoting KhaosTrader
This is a very interesting methodology to calculate Zig-Zag, have you tried other oscillators also?
Yes I have, a stochastic would be a very good alternative to soft setup because it has many-many crosses here and there as the macd soft mode.
This is not investment/trading advise. Will not hold accountable for loss
  • #88
  • May 4, 2017 7:35am May 4, 2017 7:35am
Quoting yousername
{quote} The candle I look for is appearing on the 4H chart. Trend continuation to the upside in 4H chart We may have a false bearish breakout here Hopefully it won't change to the opposite {image}
Maybe I will take profit before London Close in 2hr 30 min
This is not investment/trading advise. Will not hold accountable for loss
  • #89
  • May 4, 2017 9:07am May 4, 2017 9:07am
Little secret

When the market broke and close above 1.382 FIB level of the last leg
by then we have a breakout confirmation to respective trend.

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 30 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #90
  • May 4, 2017 9:36am May 4, 2017 9:36am
Quoting yousername
{quote} Maybe I will take profit before London Close in 2hr 30 min

EURUSD closed with >80 pips profit.
This is not investment/trading advise. Will not hold accountable for loss
  • #91
  • May 4, 2017 9:58am May 4, 2017 9:58am
EURUSD H4, if you're expecting a bearishness tomorrow

Take this 1.382 FIB% as main support

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 37 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #92
  • Edited 10:37am May 4, 2017 10:08am | Edited 10:37am
AUDUSD Daily

Need to close below Fib 1.382 to confirm further downside

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 36 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #93
  • Edited 10:37am May 4, 2017 10:11am | Edited 10:37am
GBPUSD H4

Confirmation area for respective trend. Make sure it closes above/belo those confirmation 1.382 FIB lines

1.382 FIB

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 34 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #94
  • May 4, 2017 10:15am May 4, 2017 10:15am
NZDUSD

Need to close above 1.382% to be bullish

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 35 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #95
  • May 4, 2017 10:20am May 4, 2017 10:20am
Quoting yousername
{quote} The candle I look for is appearing on the 4H chart. Trend continuation to the upside in 4H chart We may have a false bearish breakout here Hopefully it won't change to the opposite {image}
Why didn't I sell EURUSD and took break even?

Another reason why is, it failed to break below 1.382% fib level which is needed to confirm further downside.
Look at that long wicked, whiptail and retreated back to 100%

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 36 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #96
  • May 4, 2017 10:35am May 4, 2017 10:35am
Quoting yousername
USDJPY position closed after 30ish PIPS Time to go to bed. {image}
Here is the reason why I was bullish on USDJPY during the FED and interest rate news and took profits of it, market poked that fib level many time in the H1 chart and managed to penetrate 1.382% FIB
My little secret for you guys

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 26 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #97
  • May 4, 2017 10:46am May 4, 2017 10:46am
Quoting yousername
USDJPY H4 Potential bearish setup On the 5th wave we have a divergence in the momentum {image}
Looking forward selling this sucker tomorrow. If so, the H4 Potential bearish setup emerging is likely

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 19 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #98
  • May 4, 2017 1:27pm May 4, 2017 1:27pm
From 1 to -1
Heiken ashi turn red
Attached Image (click to enlarge)
Click to Enlarge Name: 01.png Size: 44 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 02.png Size: 56 KB
Everyone can find their HolyGrail
  • #99
  • May 4, 2017 4:25pm May 4, 2017 4:25pm
Quoting tai9127
From 1 to -1 Heiken ashi turn red {image} {image}
Hey mate, great idea! Let me know how deep you've gone mate.
I'd highly suggest you to combine it with EMA 12 and 26 with shift 3 in order to know the context of the market.
This is not investment/trading advise. Will not hold accountable for loss
  • #100
  • May 4, 2017 4:31pm May 4, 2017 4:31pm
GBPUSD

planning to close it with 8 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 18 KB
This is not investment/trading advise. Will not hold accountable for loss
2 traders viewing now