Thank you very much for your support and patience. It really helps. Regarding the explanation, it is the first time I see SETUP applied this way... As per my understanding, correct me if I am wrong, while until now we discussed SETUP for reversal ...

The SETUP and the Chuvashova Fork

To be honest I am not doing so well as you do. Lost focus these days, overtraded low time frame charts and lost pips (however small size lots so is fine) - did not stick to the rules. I decided to give it a try to GJ, pair which scared me in the ...

The SETUP and the Chuvashova Fork

Man, you're fantastic! I am amazed on how disciplined, focused and successful you can be. Bravo!

The SETUP and the Chuvashova Fork

Interesting. I look for the forks now, on top of the SETUP. Still accommodating with this indicator, don't rely to much on it yet but I think there is something potentially useful there. In the docs you provided I have seen a mention about looking ...

The SETUP and the Chuvashova Fork

Sure. You can find it attached. What I posted before was on M15. If you look now on H1 you will see that inferior bands of BBs are moving away from the price, down. This tells me that on short term the price can should fall down, because it will not ...

The SETUP and the Chuvashova Fork

Hi Wab, Actually I catched that move. Would like to show you something, which may be used as additional tool for take profit. I use many Bolinger bands as I've seen a trader here called scalpeur doing it. When the price goes to a BB and the band's ...

The SETUP and the Chuvashova Fork

I saw an opportunity to enter Long after price topping up while making Higher Lows. Entered Long on break of resistance line..then waited hoping to see RSI Ultimate confirming with a green signal, which fortunately happened will exit trade ...

(binned per thread starter’s request) Simplified Indicators by DR

Hi, By curiosity decided to scalp with RSI Ultimate. After last pullback entered short, considering also that price had just broke the support line from the 1st bounce. The RSI MA was also trending down, having a value around 7. I was not too ...

(binned per thread starter’s request) Simplified Indicators by DR

Very productive day you had, in terms of both pips and analysis Thanks for all your hard work! Looking forward for more info on how to use the fork. Have a nice weekend, Dragos

The SETUP and the Chuvashova Fork

Wab, I would have a question regarding the last chart If I may. Why you have taken the E there, and not at the lower high fractal? Thanks, Dragos

The SETUP and the Chuvashova Fork

I don't get it. In the circle the forkline is on the right of TE, while in the rectangle the forkline is on the left of TE. Still both of them are bullish forks?.. If that's the case, then what do they say more than the SETUP itself? Thanks, Dragos

The SETUP and the Chuvashova Fork

It looks like a SETUP to me Also it seems to be a bearish trend.

The SETUP and the Chuvashova Fork

Done!

The SETUP and the Chuvashova Fork

So, what's next? Best regards, Dragos

The SETUP and the Chuvashova Fork

Meanwhile I am looking for a bullish reversal on M5, on H4 U area

The SETUP and the Chuvashova Fork

Hi, You might also want to check EURJPY H4 for a SETUP (P not yet formed) Best regards, Dragos

The SETUP and the Chuvashova Fork

Buy SETUP on M1? UPDATE: it seems not. T was taken out

The SETUP and the Chuvashova Fork

Bearish setup. Waiting for P to form on M15. While waiting for P to form, I am watching M1 for a bearish SETUP. url UPDATE: SETU formed on M1. Waiting for bearish break of the E line on M1 in order to confirm also the P of the M1 SETUP. Once the ...

The SETUP and the Chuvashova Fork

What about this setup? Is it safe to buy at crossing of U level? Update: closed on profit, because the bullish trend might be over, due to lower low. Looking to sell from now

The SETUP and the Chuvashova Fork

Is this a valid SETUP? The P fractal was formed but it was exceeded by a candle afterwards.

The SETUP and the Chuvashova Fork