02-06-2012, 04:19 PM #151
02-06-2012, 04:26 PM #152
John, thanks....look nice combine with zup..do u mind to explain each line of that zup what does that mean...where can i hv the manual book or anywhere discuss about that value...
02-06-2012, 04:40 PM #153
Hey DareDevil, I use http://www.screencast.com/
Originally Posted by DareDevil
Hi edy, I think GIGA could help us.. if I understood well,he has some problem to translate russian-english. I have no manual about it, but I think "blue values" into the pitchfork are something like fibonacci retracements in vertical and oblique
(if it were not so, correct me) . The middle channel is the "avenue" of the calculated trend (calculated by pitchfork indicator, zup).
Post #40 ( by DareDevil) could be helpful to understand the "Median Line"..
02-06-2012, 04:41 PM #154
Update 2012-02-06 11:30 AM EST
Originally Posted by duggils
Looks like scenario #1 is playing out. Low risk, *very* high reward and high probability short entry would be from 1.8359 (78 Fib Retrace) on H1 TF. But it may not make it there. Currently at 61 retracement after TL break on H1.
02-06-2012, 04:57 PM #155
Thanks John..it helps...yup screencast is good..
02-06-2012, 05:27 PM #156
What will be your take profit target on a short position?
02-06-2012, 05:48 PM #157
Blackhat, TP1 = FE78 TP2 = FE100 TP3 = FE127 to keep it simple. But I'll be a dropping a TL and watching price action when it approaches TL.
Originally Posted by blackhat
If it triggers a short from the above mentioned levels, a FE 78 will give you a target of 82.90 - which also happens to be the swing low. At this point I'd at least go break even and manage from there.
As of 12:47 PM EST still no short trigger for me though!
Hope that helps!
02-06-2012, 05:57 PM #158
i see the short opportunity there, but somehow still not my time. In 1-2 days i will consider.
02-07-2012, 05:21 PM #159
you're welcome, edy.. now, here we go.. have a look at this:
02-07-2012, 06:02 PM #160
How about this
John..i guess...just guess ya... the price in blue should be recommended take profit..the red is entry either buy or sell...but as koharmonic shown as bearish..probably pending order as in yellow box should be the idea to sell...
We really need to brainstorm...