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50d replied Oct 25, 2016PATIENCE is Key in this method... (Sometimes i struggle to wait but the reward is there if one can master to wait and be patient) The idea is 1. Find a compression zone when the LWMA in 15m/ 30m/ 60m TF have come together 2. look at ADX if its close ...
Macsystems
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50d replied Oct 25, 2016Now it seems we have a break out and a trigger. 4hrs also in agreement. image The idea is 1. Find a compression zone when the LWMA in 15m/ 30m/ 60m TF have come together 2. look at ADX if its close to 12 or less 3. mark immediate range for the ...
Macsystems
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50d replied Oct 25, 2016UJ 30m TF from yesterday.... still more room on the upside i will expect image
Macsystems
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50d replied Oct 25, 2016Also watching EG which way will they break? Carney (BOE) gov speaks later today and market is waiting for a reaction in pound. image
Macsystems
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50d replied Oct 25, 2016Hi-Sandeens2, please slowly read post 3 & 4 on page 1 of the thread. you will understand it by also observing price action during EU and NY sessions. it comes with practise. you need to understand the consolidation zone and watch out for a break out ...
Macsystems
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50d replied Oct 24, 2016The supertrend has been flat for 5 days. Technically, it willl move, so i expect price to break away in one direction and run. image
Macsystems
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50d replied Oct 24, 2016UJ 30m TF breakout range between 104 and 103.75. i will be observing if this will pan out as expected but will be on the sidelines till tomorrow. No trading for me today... just observations when i have the time.
Macsystems
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50d replied Oct 21, 2016Hypothetical case of starting with a $500 account and how its likely to grow to something reasonable. I have learnt not to chase every trade (although the hard way). image My goal is to build consistency and patience. Take little profits here and ...
Macsystems
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50d replied Oct 21, 2016I know a lot of people visit and read this thread. I will encourage you with this. From my knowledge of this method, I will like readers to note: Mondays--- markets are somewhat trying to set the tone for the week. most times mondays are ...
Macsystems
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50d replied Oct 21, 2016Some profit booked. image 10% monthly target achieved. Tues/ Wed/ Thurs next week --- i will look for opportunites to take smaller trades
Macsystems
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50d replied Oct 21, 2016printed red diamond... watching closely to see where the break will happen. As usual, any break and retrace to break level will offer a good opportunity to trade. today is friday... am cautious on fridays and mondays. image
Macsystems
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50d replied Oct 21, 2016GU waiting to decide where next look at ADX at low levels and consolidation building up around supertrend which has been flat for 2 days. will see what NY session looks like else going into the weekend, BREXIT issues may spring up again on this ...
Macsystems
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50d replied Oct 20, 2016Yes, you have all you need to trade. If you add the ADX as i described earlier, whenever it gets to around a value of 10 and we have the LWMA line up then its good to go.
Macsystems
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50d replied Oct 19, 2016UCHF 30M tf Will be watching this pre & post EUR rate announcement tomorrow. Still in the Consolidation zone with LWMA compressed waiting for an explosion. image
Macsystems
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50d replied Oct 19, 2016G#For Gold, my trade setup is first target --1280 2nd tgt ---1300 breakout in 60m TF already happened. image
Macsystems