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BiteFX replied Feb 6, 2020On a lighter note. Got this in mail they sent to me. And, this is so true... Check out most of the guys who made indicators, they were math gurus. For me, Leonardo Bigollo Pissano a.k.a Fibonacci. Do your maths well, and then trade what you see. ...
4 + 1 (Metals) strategy
- BiteFX replied Feb 6, 2020
Previous bullish hour candle little rejection at breakout and Bullish Triangle. *A possible false breakout*
4 + 1 (Metals) strategy
- BiteFX replied Feb 6, 2020
Bulls continue the breakout above the down trend line.
4 + 1 (Metals) strategy
- BiteFX replied Feb 6, 2020
Reason... Bullish Triangle acting as dynamic resistance.
4 + 1 (Metals) strategy
- BiteFX replied Feb 6, 2020
This may be a false breakout... But, anything is possible!
4 + 1 (Metals) strategy
- BiteFX replied Feb 5, 2020
Bullish Triangle, Dynamic Resistance, Horizontal Resistance, all three sending price back. This is gonna be fun.
4 + 1 (Metals) strategy
- BiteFX replied Feb 5, 2020
After thought : 1. Sell Resistance 2. Sell PIVOT 3. Sell support 4. Sell 1st Sell if price ever reaches there 5. Sell 2nd Sell if price ever reaches there Until...1st Buy, 2nd Buy, or 3rd Buy. Or and a big or 1. Buy resistance 2. Buy Reversal.
4 + 1 (Metals) strategy
- BiteFX replied Feb 5, 2020
Today is a good day. Observations: *Resistance came lower. *Support maintaining position as yesterday. *Two false breakouts up, one false breakout down. *Price finding dynamic resistance at upper trend line. *Price finding dynamic support at lower ...
4 + 1 (Metals) strategy
- BiteFX replied Feb 5, 2020
Retest the trend line you broke, form head and shoulder, then let us rally. Anything is possible! I am watching you closely.
4 + 1 (Metals) strategy
- BiteFX replied Feb 5, 2020
A retest of 1556.44 should push market higher. Let's see if it does. I have till 22:50 till trade idea expires.
4 + 1 (Metals) strategy