You cloud be right.

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Yes. Decision time.

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Agree. Nobody gets poorer because of taking profits too soon...

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EJ, UJ and EU have the same H4 DBX pattern now. One of them is going to drop.

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Current H4 consolidation pattern is depicted below. This is not conclusive at this point.

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Take it easy. Use H1 DBX to guide your decision-making and use M15 DBX to time the entries.

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Bill, in order to wait for all 3 blue lines to align, it may be too late. The way I mentioned above can be applied to most cases.

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Bill, firstly, I prefer to use H1 DBX and use H4 and M15 to help me make judgment. Next, make sure yellow UDB , blue MDBi and GREEN Index all hook down. If aggressive, other setups can be adopted. There are rooms to discuss DBX setups. You will find ...

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Pretty good entry. Which TF DBX did you use? Why did you exit? AU H1 DBX is entering down trending now.

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I added AU H4 DBX to the combo charts. Since the readings do not point to the same direction, if conservative, wait until all three DBX readings are aligned. Because H4 DBX still points to the downside, H1 DBX may move back down again.

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Current AU H1 pattern and DBX formation suggest a continued move to the upper side.

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AU DBX combo shows the uncertainty at this point. Don't take H1 red Doji for granted.

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What I am discussing above is related to the EWP. This method is an advanced setup.

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Second peak of cyan M15 DBX Index has formed. The first peak of cyan H1 DBX Index has also formed. I would wait for second peak of H1 DBX Index.

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Will upgrade DBX-02 to DBX-03 by this weekend.

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Using H1 DBX will not get you the entry at the very top. However, it is a much safer way to make sure the entries are not off too much.

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I would set up MT4 as shown below to make sure the entry is not off too much.

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If you are using DBX, you may see the blue MDBi is still above MDB. This means no entry at this point.

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Usually M15 DBX has 2 peaks of cyan DBX Index at least. Three-peaks is near the extreme. Four-peaks is a sure shot. The first one is not a good signal most of the time.

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How to use the components is up to each user. The more components moving to the same direction, the more reliable the setup is. H1 confirmation is critical.

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