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- TerryDawe replied 17 hr ago
Using H4 time frame on EURUSD with strat shadow and fib: These signals occurred while I was in dreamland but for those in a different time zone, two good setups were provided on both the 30th and 31st.
- TerryDawe replied 38 hr ago
Good observation Strat. One would have placed a buy stop a few pips above the 30th candle and trade would have only been triggered where I have highlighted the H1 candle on the 31st. Price had already retraced to the fib 50 before the entry and ...
- TerryDawe replied May 31, 2024
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- TerryDawe replied May 30, 2024
Hey Lou, Yes if one were using the shadow the target coincides with the worker 200 and the bottom of the shadow. With no shadow and just candles, the target coincides with the broadening pattern where price stopped and reversed, thus providing ...
- TerryDawe replied May 30, 2024
Strat is absolutely correct in the post to which you are referring regarding best stops. In the case of the EURUSD and GBPUSD these were both "quick hit" trades. What I like to do is set my stop at the 50 retrace of the PA signal.
- TerryDawe replied May 29, 2024
Added worker important level. It appears no one was paying much attention to the charts and questioned why this level was not included in original charts. That's fine though, some folks are missing out on some good opportunities.
- TerryDawe replied May 28, 2024
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- TerryDawe replied May 27, 2024
Well, that last daily candle closed as a strong hammer and weekly 3 1 2 moving to the upside
- TerryDawe replied May 16, 2024
BOOM.....
- TerryDawe replied May 15, 2024
Actually if you look at the posts I have been putting on Strat's thread, you will see the combination of Strat and Rob Smith processes. Regards Terry
- TerryDawe replied May 14, 2024
I'm not sure if Strat mentioned this on the FF site or his personal site but it basically states the most important S/R levels are the most recent. Using the BB as the base, it does provide some interesting trading opportunities on the lower time ...
- TerryDawe replied May 14, 2024
Same as EURUSD: But this one has been a steady money maker since the start of the move up.
- TerryDawe replied May 14, 2024
Pure price action with nothing except candles and BB control candle: Green = Buy Red = Sell No trend lines, averages, etc.
- TerryDawe replied May 14, 2024
You mention the bullish candle in your summary and that you were confused. At this time the BB and Boss are both green candles so follow through of the outside candle is not that unexpected. First target hit at top of worker control candle.
- TerryDawe replied May 13, 2024
The BEEB you mention on the Boss is a WCC (weekly control candle).
- TerryDawe replied May 13, 2024
Okay, good on you. Good luck and enjoy the site as it is full of wonderful information and even if you don't intend to trade, it is a very good brain stimulant. Regards Terry
- TerryDawe replied May 12, 2024
We only make money trading. Analyzing is good but no money made analyzing. Do we have a trade and if so what is it and why? Let's not just put arrows about what we think will happen. So anyone posting some money makers????