I am off to my coffee and a shower. Be back in about an hour or so. I will post my D,4H and 1H charts then. Also one last thing, the bullish butterfly on the 30M is pretty weak
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DislikedThis looks like we're in a 5 wave up sequence with a corrective wave happening now (ABCD). If you go short just be careful to bank some profits to cover your open positions. I'm still looking for another wave up to start somewhere in the support area. Just my opinion and I could be be wrong. Also you can see we were divergent all along the last up wave inn both price and the AO and now price has started down and the AO has pulled back below the zero line.Ignored
DislikedAny pair you wish. My preference is the EU. Feel free to post any pair as long as we speak the same language!Ignored
Dislikedselain eurusd, ane juga trading audusd gan. "paris van java" bandung nya?Ignored
DislikedIgnored
DislikedNunix said... she/he trade aussie also... and asked paris van java is in bandung ?
me : yes...my friend. me too, here is my aussieIgnored
Disliked4H: Currently sitting on S1, 23.6 fibo punched, just below the 38.2 is the S2. Price is also directly inside the mouth of the alligator. The divergence was finally respected with the AO. Upward momentum is declining and the RSI has touched the 50. To remain with a bearish outlook I would need to see the RSI push through the 50 and break below 40 on the subsequent candle.
This is creating doubt in my mind that 30M sell stop might be premature, the 30M is still riding that 200 the AO and RSI indicate a potential bounce here. Will keep sell stop...Ignored
DislikedSnapshot 30M. UK is still 2.5 hours from open. As I said previously low volume has a way of killing the most perfect setups.
As price moves sideways and rides the 200 upwards it pulls price farther away from my sell stop, leaving room from a break below the 200 (in this TF) to my sell stop (getting uncomfortable).
lets see what the convergence of the 200 and the alligator mouth doIgnored
Dislikedniner,on the 4hr eur/usd, why do i see this looking just like a pullback waiting for another upward thrust with AO above zero and RSI above 50?
Also, what happens when things set up to our liking, but RSI is going opposite. Does RSI always have to be confirming the trade or can we not use it at times?
thanks,
Silat50Ignored
Dislikedjust to breakdown into m15 and "playing with golden moving average - the 200 ". i just overlay ema 200 m5 on m15. so the red line is ema 200 m5 and the yellow one is ema 200 m15 ( we have 2 moving averages from different time frame in the same window ) . they are crossing already
shortly : if she goes UP...to retest prev support ?Ignored