DislikedWas just trying to remember who posted the MACD True indy. Might have been MPopular who uses it.Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
Sonic R.evolution 94 replies
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DislikedWas just trying to remember who posted the MACD True indy. Might have been MPopular who uses it.Ignored
DislikedLearning process can be fun with the compliment of manual...
SonicIgnored
DislikedNews question.
I see that GBP/USD has news in 2 hours 40 minutes, Nationwide HPI previous 0.9 forecast 0.3. Impact High. Is "HPI" House Purchase interest rates?
Will this have a Positive or Negative affect on GBP?
This news appears to going to be released at 7 AM UK time, seems a bit early in the day for such a news release.
Thanks in advance.Ignored
DislikedThe incoming news u see is Gbp House Price Index
This is the UK's second earliest report on housing inflation. The impact tends to be significant but varies from month to month
It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity
CareFul if ya wanna trade the news.Ignored
DislikedI am in...
Small SL with potential upside...
The rest let the mkt decide...
SonicIgnored
DislikedSonic, can you explain plz why you entered up? Doesn't this look like wave 4 on 1H TF - the thing TAH wrote, so shouldn't we have wave 5?Ignored
DislikedWave 4 and 5.. I never have wave 4,5???
I only have Highr Low and Lower High wave....I am on 15m TF..
As for the rest, t pic pretty much explained...?
SonicIgnored
DislikedBy wave 4 and 5 I mean "5-wave" Elliot model. I hesitade because of Shi channel, daily pivot and 89 MA in the way and hence did not enter. Did you use higher TF for any trade confirmation?
Thank you.Ignored
DislikedNope...I use higher TF for Trend/Bias confirmation..to see if u r pro or anti trend.... that all....
I do not really mention elliot wave thingy??
Keep it simple my friend...you trade when your rules tell u..that it..the rest let t mkt decide...
SonicIgnored
DislikedSonic Master please tell me about my entry it isnt rightHelp please
Ignored
DislikedEU: Yeah, Sonic and I are at odds on this one. Well, not really. He sees it going up, and I see the larger trend as down. So, maybe we are both right. It may go up, and then the powers short from a higher perch and drive it down.... In time we will see. I have attached chart showing how I feel about a short trade should PA move below the Dragon and most recent lows, aka the Open.Ignored