2nd trade of the day...take a look at H4 and you will see bearish divergence . A evening star is also visible on eur/usd..I am leaving the house soon and will lock in at b/e if the need arises
the cautious seldom err....C
Trading Made Simple Playground 2 replies
P's playground 7 replies
Playground Price action 2 replies
DislikedTDI traditional overbought oversold condition (4H & 1H) {image}{image} If conditions are met, I will look at 5M or 1M 200 EMA. Entry could be arrow in the picture and SL could be yellow box. I will be doing this for multiple times only in one direction until I make enough profit. That's what I am doing..... {image}Ignored
Disliked{quote} Good luck. I'm already in a short with eur/usd on the 4 hour tf. I will be using TMS 5ema for H1/H4 entry but without the tdi. I will trade m5/m15 using my usual 10/34 ema trend trading .Here's my H4 trade today {image}Ignored
Disliked{quote} Stopped out. Double Repo Failure is another signal pattern (reverting the position) but i didn't open a buy position for various reasons.Ignored
DislikedI thought Elliott Wave was a voodoo science, but recently I have decided to revisit this topic one more time.... I like this video: https://youtu.be/l1tS7Yh4q-EIgnored
Disliked{quote} I am afraid I know nothing about wave analysis and as a matter of fact I have very limited knowledge..why don't you trade with the 5 ema and apb .It will work when done correctly..I don't agree with how it should be traded according to big E or for that matter by others on that thread which is really becoming a comedy threadIgnored
Disliked{quote} I have HA candle chart in my other temple and I already use 10 EMA (should be close enough to 5 EMA). Personally, I prefer normal Japanese candle chart due to my strategy. I tried TMS for a long time but unfortunately I had mixed result. IMHO, breakout traders cannot prosper in the long run these days. I still use TDI however (once ditched it but always come back to it).Ignored
Disliked{quote} perhaps you should put in the 5 ema shift 2 and set to typical price instead of the 10 ema..Use apb candles and if you must then use the tdi...trade the 1 hour or H4 or both and see how you get on..I will be trading the H1/H4 tf so that I need not be glued to the computer especially now that I have an eye condition..I 've set the template to a dark colour for better visual purposes too..The glare from the screen is making life difficult for me. I have 2 templates, one with the pivots on and the other without..the one with pivots on is to...Ignored