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Daily Chart 3-Candle

  • #961
  • Oct 25, 2018 4:01am Oct 25, 2018 4:01am
Quoting birdland
{quote} successful trading consists simple of three elements (and one more) 1) detection of support&resistance (trendline, fibonacci, moving average, round numbers, etc...) therefore we are working here with Best buy/sell Levels. 2) correct interpretation of Price Action (PinBar, CandlePatterns, recection pattern, etc...) therefore we are working here with SwingPoints (or call it 3-Candle) for 1) and 2) ready indicators on the page#1 exist to download and to help the trader in their decisionmaking. 3) proper money management to make things easy...
Thank you for your Statement. But this was not my Question. As we can see at this screenshot, it is an possible buy Signal, after close above the last two candles close. I ask, why should it be the best sell 4H Signal ?
  • #962
  • Oct 25, 2018 7:24am Oct 25, 2018 7:24am
hello ,,,my lightshot isn't working atm,,,,can you draw the latest weekly pivots on UC,,,i just want to know if I have them correct? thanks!
  • #963
  • Oct 25, 2018 7:41am Oct 25, 2018 7:41am
Quoting nschwegl
{quote} Thank you for your Statement. But this was not my Question. As we can see at this screenshot, it is an possible buy Signal, after close above the last two candles close. I ask, why should it be the best sell 4H Signal ?
ok, when i understand you correct you are asking if the best sell h4 level can be a buy?

1) yes (when i understand simone correct) you can see both (best buy&sell levels) as a support&resistance (S&R)

2) on your chart shown there was no signal as we take them here. we mainly concentrate on the swingpoint signal (3-candle)

look at AU for example:
on the H1 chart you see 4 buy signals (3-candle) around the lowest hSell (h4)
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 101 KB

and when you look at the H4 chart we see 2 buy signals (3-candle). the last one was right at the hBuy (h4) level (blue dotted line)
and a clear double bottom also.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 106 KB
trading is like dancing, don't think and just listen to the music!
  • #964
  • Oct 25, 2018 8:27am Oct 25, 2018 8:27am
Quoting birdland
{quote} ok, when i understand you correct you are asking if the best sell h4 level can be a buy? 1) yes (when i understand simone correct) you can see both (best buy&sell levels) as a support&resistance (S&R) 2) on your chart shown there was no signal as we take them here. we mainly concentrate on the swingpoint signal (3-candle) look at AU for example: on the H1 chart you see 4 buy signals (3-candle) around the lowest hSell (h4) {image} and when you look at the H4 chart we see 2 buy signals (3-candle). the last one was right at the hBuy (h4) level...
can you draw weekly best buy and best sell for EURGBP ,,I want to see if mine r correct ..

thanks
  • #965
  • Oct 25, 2018 8:58am Oct 25, 2018 8:58am
Quoting simoneg
{quote} Hi whitefox, This version reflects a filter which helps with fakeouts and weak setups. I will be updating in post#1 as soon as we are done testing and finalised.
Hello Simoneg - How is the testing and coming along in order to update Post 1?

Thank you
Raf
  • #966
  • Oct 25, 2018 9:37am Oct 25, 2018 9:37am
Quoting tony1200
{quote} can you draw weekly best buy and best sell for EURGBP ,,I want to see if mine r correct .. thanks
EG weekly
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPWeekly.png Size: 100 KB
trading is like dancing, don't think and just listen to the music!
  • #967
  • Oct 25, 2018 9:43am Oct 25, 2018 9:43am
Quoting birdland
{quote} EG weekly {image}
ok...thanks...I just wondering how it ties up into a trade,,,lik EG based on the weekly best buy best sell,,,,should I be looking to take profit at the weekly best buy or best sell?

http://prntscr.com/ladnjv

thanks
  • #968
  • Oct 25, 2018 9:56am Oct 25, 2018 9:56am
Quoting tony1200
{quote} ok...thanks...I just wondering how it ties up into a trade,,,lik EG based on the weekly best buy best sell,,,,should I be looking to take profit at the weekly best buy or best sell? thanks
i would suggest from your questions that its the best for the beginning to just buy or sell at or around the trigger-line combined with a h1, h4, daily or weekly best level. TP at 1:1 risk.
then after a few weeks, months you will get a feeling how far trends can go....hopefully;-)
so if the SL is about 15-20 pips then you will move your TP also to 15-20 pips.

ps: your links with charts are not showing anything, so useless for me
trading is like dancing, don't think and just listen to the music!
  • #969
  • Oct 25, 2018 10:03am Oct 25, 2018 10:03am
Quoting birdland
{quote} i would suggest from your questions that its the best for the beginning to just buy or sell at or around the trigger-line combined with a h1, h4, daily or weekly best level. TP at 1:1 risk. then after a few weeks, months you will get a feeling how far trends can go....hopefully;-) so if the SL is about 15-20 pips then you will move your TP also to 15-20 pips. ps: your links with charts are not showing anything, so useless for me
http://prntscr.com/ladu3l

you cannot see the chart in this snapshot?
  • #970
  • Oct 25, 2018 10:08am Oct 25, 2018 10:08am
Quoting tony1200
{quote} http://prntscr.com/ladu3l you cannot see the chart in this snapshot?
we have two wonderful indicators programmed by swingman for Mt4 for free and you show us this shit? serious?
trading is like dancing, don't think and just listen to the music!
  • #971
  • Oct 25, 2018 10:14am Oct 25, 2018 10:14am
Quoting birdland
{quote} we have two wonderful indicators programmed by swingman for Mt4 for free and you show us this shit? serious?
I just wanted to see if lightshot was working that's all,,,,,
  • #972
  • Oct 25, 2018 10:59am Oct 25, 2018 10:59am
now lets do a trade realtime with a 1:1 risk/reward
i will buy GN h1 at the close of the candle. and a second position when the price pulls back to the yellow triggerline.
SL about 30-35 pips below the entry, TP 30-35 pips above

look at the best buy (W1) on h1 chart:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH1.png Size: 96 KB


and then h4 chart look at the best sell m1 level!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH4.png Size: 87 KB
trading is like dancing, don't think and just listen to the music!
  • #973
  • Oct 25, 2018 11:19am Oct 25, 2018 11:19am
Quoting birdland
now lets do a trade realtime with a 1:1 risk/reward i will buy GN h1 at the close of the candle. and a second position when the price pulls back to the yellow triggerline. SL about 30-35 pips below the entry, TP 30-35 pips above look at the best buy (W1) on h1 chart: {image} and then h4 chart look at the best sell m1 level! {image}
what is your reason for buying at the close of the candle?
  • #974
  • Oct 25, 2018 11:23am Oct 25, 2018 11:23am
Hi birdland, can you put the indicator that you have on the left side of the chart please? I mean, where are the pairs and the timeframe.

Thank you.
  • #975
  • Oct 25, 2018 11:24am Oct 25, 2018 11:24am
Quoting tony1200
{quote} what is your reason for buying at the close of the candle?
have you read the page#1 carefully?!
have you read my post?!
trading is like dancing, don't think and just listen to the music!
  • #976
  • Oct 25, 2018 11:25am Oct 25, 2018 11:25am
Quoting geosevilla
Hi birdland, can you put the indicator that you have on the left side of the chart please? I mean, where are the pairs and the timeframe. Thank you.
please search for "symbolchanger"
trading is like dancing, don't think and just listen to the music!
  • #977
  • Oct 25, 2018 11:27am Oct 25, 2018 11:27am
Quoting birdland
{quote} have you read the page#1 carefully?! have you read my post?!
I thought I read page 1 carefully? I don't recall it saying buy the close of the bar?
  • #978
  • Oct 25, 2018 11:33am Oct 25, 2018 11:33am
Quoting birdland
{quote} please search for "symbolchanger"

Gracias
  • #979
  • Oct 25, 2018 1:10pm Oct 25, 2018 1:10pm
Quoting tony1200
{quote} I thought I read page 1 carefully? I don't recall it saying buy the close of the bar?
i am really amazed by the questions you have been asking.
i had previously shown you multiple times that you enter at the close of the candle.
no. you have not read page 1 carefully enough.
a picture paints more than a thousand words. from post #1.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 298 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #980
  • Oct 25, 2018 1:20pm Oct 25, 2018 1:20pm
Quoting Inthebox
{quote} i am really amazed by the questions you have been asking. i had previously shown you multiple times that you enter at the close of the candle. no. you have not read page 1 carefully enough. a picture paints more than a thousand words. from post #1. {image}
i have read page 1 over and over …i was under the impression that we had to wait til the retest of bar 1 to enter long on that example....and sometimes price never retraced to it.....
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