- Search Crypto Craft
- Dra replied Aug 22, 2009
GU Long — As promise here are the details for a few trades taken this week. First chart below is GU daily. Its showing bullish engulfing candle at the test of the up trend line and also at the fib. 61.8. image As soon as it form we start ...
A,B,C,D - 1,2,3,4 System
- Dra replied Aug 21, 2009
Sorry guys I know you've been looking out for my posts, the thing is I dont really have the time to post here as often as i wish. I will post details of a few trades taken this week over the weekend. Hope you all are doing well.
A,B,C,D - 1,2,3,4 System
- Dra replied Aug 11, 2009
The market breaks below the level where our bounce as anticipated without giving an entry however the bias is still bullish until it breaks the TL. Look for reversal CF on daily chart.
A,B,C,D - 1,2,3,4 System
- Dra replied Aug 9, 2009
GU Long — I like the pound long for this week. The fact that it breaks the 1.6600 level which was tested a few times gives me a strong bull bias and also the current daily trend is up.
A,B,C,D - 1,2,3,4 System
- Dra replied Aug 5, 2009
I assume that was a short trade if so you need to flip the fib extensions.
A,B,C,D - 1,2,3,4 System
- Dra replied Aug 2, 2009
Thanks — Soya thanks for the tribute I appreciate it. I would love to add my comments in a few other threads(Soya's & Tunji's) on this forum but I'm only allowed to post here. You guys doing a good job keep it up.
A,B,C,D - 1,2,3,4 System
- Dra replied Jul 30, 2009
Hola — Hello people I'm back, hope yall have been doing well. Lets resume what we've been doing here. I wont have as much time as I use to but I'll be around.
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 20, 2009
Crown Formation — The chart posted below(audcad) shows the break of an up trendline then a test of that same TL which gave an entry after the close of the engulfing bearish candle.As you will see this is also a Crown/H&S Formation. These are ...
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 19, 2009
Yes I would wait on a break then a retracement if I was trading directly from the weekly TF. But if you should go to a lower TF say the 4H you will find trading opportunities.
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 14, 2009
Welcome Fxtl, good to know that you find the system interesting. Can you please resize your future charts to fit the page? Thanks.
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 11, 2009
The ABCD are place at the highs/lows that the trendlines are drawn from. Look at my charts post ed on the first few pages of the thread and you will see how to place them..
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 10, 2009
Placing Stop Loss — The chart below shows an entry that formed below the TL and also below the past support level. The stop for this particular trade should be placed at the level of the past support. Reason is that the past support level is ...
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 8, 2009
The formation is a TT Mike. Wicks are more than 60% of the candles.
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 8, 2009
Correct, but it should be drawn from the high and not from just any candle.
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 7, 2009
Posted below are a few entries I took this week. The first chart is audchf-daily, the entry is from the 4H TF after the formation of the engulfing bearish pattern at the TL. The second chart shows usdjpy retracing to the TL and also forms an ...
A,B,C,D - 1,2,3,4 System
- Dra replied Jan 7, 2009
HAPPY NEW YEAR TO ALL. On the audusd chart the market is just below a down TL, check the daily.
A,B,C,D - 1,2,3,4 System
- Dra replied Dec 19, 2008
Enjoy the weekend all..................HAPPY HOLIDAYS.
A,B,C,D - 1,2,3,4 System
- Dra replied Dec 18, 2008
The fibs on your charts need to be adjusted. You cannot have a retracement to the 78.6 before the 38.2. Also extensions should be below or above 0.
A,B,C,D - 1,2,3,4 System
- Dra replied Dec 17, 2008
Well said. Also remember to trade what you see not what you think. I highly doubt that an EA will do any good with this system.
A,B,C,D - 1,2,3,4 System