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knkie replied Oct 18, 2018its my own creation. Basically its a combination of price, volume and standard deviation. Its not good for predicting. Its great for seeing what the current situation is. I actually only use it if im in doubt and need some confirmation.
EURUSD only
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knkie replied Oct 18, 2018and what happens if UK and USA make a great deal that the EURO-zone cant compete with? This brexit thing could turn out to be great for UK and terrible for Europe... On top of all the other issues Europe has, i wouldn't be surprised to see parity ...
EURUSD only
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knkie replied Oct 18, 2018the euro is weaker than usd on week basis on day basis, today, eur is stronger than usd. Hence the indecision. Liquidity on the usd is LOW.
EURUSD only
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knkie replied Oct 18, 2018i should be waiting for a break of 5149 but what the heck: short M5 @ 1.15168
EURUSD only
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knkie replied Oct 18, 2018yep too early. That H4 candle High is essential
So now we have a nice M5 setup for short developingEURUSD only
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knkie replied Oct 18, 2018probably too early, as i usually am
should ytake out the H4 candle top @ 5276 firstEURUSD only
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knkie replied Oct 18, 2018i know this is EURUSD only.. but can I just say that the Aussie is awesomely strong !
EURUSD only
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knkie replied Oct 18, 2018EURUSD is at that spot where I always become unsure: Either M5 is the start af a new wave upward or the Higher frames (H1, M30) are pulling back for another big run downward. Best to wait. I hate waiting. lol
EURUSD only
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knkie replied Oct 18, 2018yeah you are correct. I just wanted to share the info I had... wont do it again.
EURUSD only
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knkie replied Oct 18, 2018taking trades based on something an anonymous person says in a chat thread is crazy. anyone doing that should stop doing that. you gotta do your own homework and develop your own method that makes you feel comfortable.
EURUSD only
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knkie replied Oct 17, 2018took 9 pips profit.. i think there is a pullback coming on M5 The re-enter on a nice fractal
EURUSD only
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knkie replied Oct 17, 2018ah what the heck im gonna go short on M5 @ 1.15555 hahah all the 5's on the M5
5 pip SLEURUSD only
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knkie replied Oct 17, 2018Nice Chart
I like clean charts...this is H4 i think... The way I learned to spot Ranging Price is if there is a LL-HH or HH-LL and then price just doesnt make a new swing Hi or Lo beyond the HH or LL... So it just stays in between and is a large ...EURUSD only