Hello! Is there an available indicator already that alerts you whenever there's a formation of engulfing candle along an EMA, say 50 EMA or 200 EMA, in any time frame? Thanks.

I will code your EAs and Indicators for no charge

Needs to break the 200 EMA in both 4 Hr and Daily TF which apparently is currently acting as resistance for this to happen.

Cable Update (GBPUSD)

Again, thanks a lot!

Cable Update (GBPUSD)

Thank you very much for clearing this up. made a lot of sense. Regarding your question, if I based it on my system, I will wait for the price to break the line you drew then wait for the price to come back to the area. Then if there is a valid entry ...

Cable Update (GBPUSD)

Hi! I'm sorry if I'm bugging you on this one. I want to learn as much as I could from traders in this forum. How are you able to say that long on UJ was confirmed in H1 and you are correct? I think I'm just missing something here since in my view, ...

Cable Update (GBPUSD)

I think you are missing the resistance in the area as shown by the two areas to the left of your chart. Won't trade long until that is cleared.

Cable Update (GBPUSD)

My strategy includes closing my trades before any major impact news, then waiting for the dust to settle before entering another trade which still is according to the market structure and price action whatever the news is saying.

Cable Update (GBPUSD)

Also, from a technical point of view in the 1 HR DXY chart. Encircled are areas of reversal. Price is respecting the 200 EMA as resistance, while the area around 101.xx as support, for now...

Cable Update (GBPUSD)

My view on UJ

Cable Update (GBPUSD)

[quote=petvaibogdan;14256915]why is there so much SELL in the markets? I don't understand, why did everyone go to SELL? can someone answer me?[/quote My guess is due to the rate hike by FOMC and projection of more hikes in 2023.

Cable Update (GBPUSD)

Staying on the sideline at the moment, my strategy is now signaling a potential reversal. Will wait for a few more candle for confirmation.

Cable Update (GBPUSD)

Trying my luck on the rejection candle at 20,000ish area. Target 200 EMA of 1Hr chart.

Bitcoin technical analysis

Where do you get these data? Is this proprietary? Thanks.

Cable Update (GBPUSD)

image

Cable Update (GBPUSD)

Took a short position. 1. 4Hr and Daily are still in a downtrend. 2. Price bounced back from a previous high. 3. Price goes back inside the long-term channel.

Cable Update (GBPUSD)

Simplistic trade idea. Bias is on shorting once it breaks the support (being in a downtrend of the higher TF). image

Cable Update (GBPUSD)