If you add a new level to HH LL LH HL with NSH ( New structure high ) and NSL ( New structure low ) you will be managing to on mostly any timeframe to know the direction with 70 to 90 % accuracy. I set up an sample that is attached with an V for the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

What tf you look to see a double bottom? I see a LL on 1H and then the logic is to look at shorts around the level that you has as target.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Nice, Thank you. It can be a good one .

Coffee for 2017

No , qte opposite. This should make it clear url

The Really Useless Thread

I post a weekly map with the main levels how I look it. And a more detailed chart daily with some more handles.

The Really Useless Thread

Expectations: Currently slow growth in Canada No planned rate hikes short / middle term Not the biggest upside potential for oil mid to long term. Uncertainty Trade ( Nafta ) middle term / Long term -> SHORT TERM CAD SIDE Macro economic factors ...

The Really Useless Thread

Production, and import / export ( trade )

The Really Useless Thread

USD side , again agree with fishers points here + Risk on off for equity's

The Really Useless Thread

Fisher mentioned oil as I agree with. Also I will say USDx is an important factor and in the current setting also US politics ( Nafta , Trump ) But only Nafta can qualify to perhaps be on the CAD side.

The Really Useless Thread

Yes, I mixed also short and mid term here. Then it is clear .

The Really Useless Thread

With buy outlook for oil ? I am not sure about that. Maybe NAFTA and USDx is weigthing stronger and I lost something here. Also a change to buy outlook USDCAD wich in this case is cad ( he did not write cad* ) before the handle is taken out ( a ...

The Really Useless Thread

No, then it should have been cad*

The Really Useless Thread

Yes and outlook change to sell from neutral. I just dont understand how 1.41 come in to the picture.

The Really Useless Thread

A little bit lost here. But if it is 1.14xx handle I understand. If 1.41xx I am lost in translation I think.

The Really Useless Thread

This is a nice one, recommend to look it : How The Economic Machine Works video

The Really Useless Thread

Looks interesting. Has potential. I see that coffee overall has strongest correlation to commodity currencies long term. They are currently trending so looking the correlation I would wait a little bit. I also notice that coffee is very weakly ...

Coffee for 2017

Been nice ride in NZDUSD also. now close just below flip level. Was able to get some positions close to the top and lifted of a little above flip level.

The Really Useless Thread

Read a little bit history here in the thread. We are not trying to catch top or bottoms for entry or trade the retracements.

The Really Useless Thread

Yes, also HH LL followed by LH on daily so expectation is LL. Then at retracement new opportunity at HL areas to scale in.

PVSRA (Price, Volume, S&R Analysis)

Are with you on this one

PVSRA (Price, Volume, S&R Analysis)