- Search Crypto Craft
- forexgenius replied Dec 8, 2008
Thanks for the extra tip. — Hi Soyabean: This system is making sense to me now. This is a lot of fun. Thanks for your response and the insight about what cadle formations are commonly found. I look forward to placing my first valid DRA trade. ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
What was the reason for the AUD/CAD trade? — Hi Soyabean: Thanks again for posting the charts. Is the candle formation for this trade a morning star or bullish engulfing? My interpretation is that it is a morning star. Thanks for your reply. ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
Is my reason accurate? — Hi Soyabean: Thanks for posting the charts for potential trades. My trendlines actually match yours. I guess that I am getting better at drawing the trendlines. Question: The reason for placing the trades for NZD/JPY ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
It Is All Beginning To Make Sense — Hi Tanya: I do not have an answer for you. I just wanted to express my gratitude for this post and the way you explained everything. I followed it step by step and could actually get a feel for what the ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
I better read up on candle formations — Hello Hoedha: Thanks for your patience with me and all these questions that I ask. After reading your explanation about the evening star, I decided that I had better read up on candlestick formations ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
Thanks for the example — Hi Soyabean: Thanks for the great example of a valid engulfing candle.
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
Why did you wait? — Hi Hoedha: After reviewing this chart for this post a few times, I wondered why you did not place the trade for EUR/USD short after the formation of the evening star pattern on the trend line. Why did you wait for the ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
Great encouragement — Hoedha: Thank you for the words of encouragement. With help from you guys, it is much easier to develop confidence and to be excited about this system. You keep talking about Master Dra, Mike and Soya, you are quite ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
Nice chart. — Hi Soyabean: Thanks for posting the chart. I am unable to track and compare this chart because ODL does not offer this pair. Atleast I got to look at your trend lines on your chart. Thanks for all of the great knowledge that you ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 8, 2008
Update for the USD/JPY 4 hrs trade — Hi Hoedha: This trade did go north. It took a ride in the opposite direction. Your explanation of the engulfing pattern definitely makes sense now. Thanks again for the help. Just a few pips loss due to the ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 7, 2008
I am learning a lot. — Okay Hoedha sounds good to me. It seems so easy when you review the posts in the thread. When the time comes to execute, there is so much that is forgotten. Thanks for your patience. My lesson from today is, have a lot ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 7, 2008
Got it sir — Hi Soyabean: Thanks for the clear explanation. Thank you very much for your patience as I strive to understand this system.
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 7, 2008
What about this one? — Below is the 4 hrs chart of NZD/USD. Is this a potential valid setup for a SHORT trade? I see an evening star on the 4 hrs bearish TL and another possible evening star forming, resulting in a tweezer top. Any comments ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 7, 2008
I'm here to learn — Hi Tanya: Thanks for the lesson on valid engulfing candles. I figure that the best way to learn is to jump right in. I will print out your post and read it a few more times. We shall see what happens. Thanks again for all ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 7, 2008
Just placed this trade — Hello Everyone: It is short notice, but I just placed this trade. I saw the bearish engulfing pattern near the 4 hrs bearish TL. The trend is down. I placed the trade short. This is the USD/JPY 4hrs chart. I figure ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 7, 2008
Thanks. — Hey Soyabean: Thanks for the tips on the trendlines not crossing. The lines that are crossed are actually trendlines from other timeframes. I will have to differentiate between Monthly, Weekly, Daily and 4 Hrs. Currently, I label ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 5, 2008
Question — Hello Everyone: Below is a chart of USD/CHF daily. This setup shows a bullish engulfing pattern bouncing off the 4 hrs TL, that should form at the end of the day. What happens in a case like this? Do we wait until Sunday and then ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 5, 2008
Look forward to you and Dra sharing your thoughts — Hi Mike: I look forward to the clarifications that Dra will make. It is always a pleasure to read your thoughts and ideas. Enjoy the weekend.
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 5, 2008
Wow!!, the market does move very quickly !! — Hi Everyone: This is why it is a good idea to stay away from the market on NFP day. By the time I posted the AUD/CAD chart and returned to look at my charts, the candle was now forming into a ...
A,B,C,D - 1,2,3,4 System
- forexgenius replied Dec 5, 2008
Is this is potential setup ? — Hello Everyone: Just in case anyone is trading today, is this a setup in the making? The chart is for AUD/CAD 4hrs. The trade would be LONG. Is a morning star forming on the 4 hrs bullish trend line?
A,B,C,D - 1,2,3,4 System