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- Nala66 replied 4 hr ago
I use it to measure the distances for the AB=CD because it quickly gives me the levels.
- Nala66 replied Apr 27, 2024
Kerrect (not) The first one was HD., you had no problem with that. The second one was in regular bear div but it failed (expect a HH). Look what happened with that expected HH. It ran into a bear HD. image Let me explain this a little.... This RSI ...
- Nala66 replied Apr 25, 2024
Couple of things to point out here for your edification (nice word). And yes, you are getting good at this. image
- Nala66 replied Apr 25, 2024
No, you beat me that time. I had quit by then. Well done for your tenacity.
- Nala66 replied Apr 25, 2024
Not sure about the going back on the bounce. To me that is in the lap of the gods. Here is the daily AB=CD for those who don't understand... image Note the only div that counted was after the target was hit.
- Nala66 replied Apr 25, 2024
Made the 1-hour ABCD now what? image Have to wait a tad and see what sets up.
- Nala66 replied Apr 25, 2024
Another bad day, another loss. Here is how i trade yesteday image I'm busy yesterday so i miss our trade time, price is too near EMA H1 So my first order is at 1, i buy due to M5 DIV bull and got stoploss I re-entry at 2, my target is 2454, the ...
- Nala66 replied Apr 24, 2024
I don't really like to talk about the money aspects, but what I can tell you is that... For each $21.67 of profit, I have lost just 1dollar You do the math.
- Nala66 replied Apr 24, 2024
For those still trying to get a handle on this... For the average to pass A the price should reach B on this 5-min chart. image This is my main trading method. Hence trading the average swing levels.
- Nala66 replied Apr 24, 2024
Well overnight I see the4-hour has found support and is still on track to the target level... image I only made a total of 23 pips yesterday. It was so slow. After a slow market day, I am always wary that a bigger move is in the making.
- Nala66 replied Apr 24, 2024
Ha, beat ya, I got 16. Looks like the 4 hour is trying to find support.
- Nala66 replied Apr 24, 2024
Yep, there was quite a bit going on with the 1-hourchart yesterday which I didn't pick up on... Both the ABCD and the AB=CD were the same target level image
- Nala66 replied Apr 23, 2024
This is what I was looking at before going to sleep last night on the 4-hour chart. image I was expecting to see the target hit by now, however maybe it needs more time.
- Nala66 replied Apr 23, 2024
I had 1.24464 and it has definitely hit that now.
- Nala66 replied Apr 23, 2024
Gee that push was 1 pip off my TP but I have closed now anyway. Whoops no it wasn't my red line was a tad too high. image Note how the EMA is trying to break the red line level that price reaches the next red line level.
- Nala66 replied Apr 23, 2024
Sorry I don't know, I don't trade them.
- Nala66 replied Apr 23, 2024
You might find a pair that is somewhat in line with the time you have available. It doesn't have to be currency, take a look at gold for example. Whatever it is, if you can capture just 10 pips a day you will be well ahead of the long termers.
- Nala66 replied Apr 23, 2024
The daily pivots such as the S1 S2 etc are supplied by your broker in the tool list. Mine is called Auto Pivots. I then remove the ones I am not interested in. I am at a loss to understand why you cannot see targets for today. Look at the15-min ...
- Nala66 replied Apr 22, 2024
Here is the workings of the 5-min chart today... image If you cannot get the required pips from this then you are doing something wrong.
- Nala66 replied Apr 22, 2024
1) Yes, the 108 bar is about the London open and is the time I start to look for trades. I am in Australia, so it is about teatime for me round about 5pm depending on daylight saving. 2) Anything to do with long term trading is very inefficient as ...