07-19-2013, 06:08 PM #1801
j10da: I would expect the same, however this nice Friday afternoon it is rather in squeeze... and I do not know weather would do break out around US session close, but neither want to keep anything open for the weekend. Gaps can be harmful/useful, but I would rather not find out which one will be around entry .. in a long term free ride position still could harm, but would be less of a concern. What do you think, what is your experience/advice about it?
Originally Posted by j10da
07-19-2013, 06:10 PM #1802
07-19-2013, 08:35 PM #1803
Smoothing up Price Action for harmonic trading -> Smoothing up Price Action
07-19-2013, 10:38 PM #1804
Kor4x: Honestly I do not understand, what do you suggest here? I do not undersrtand how the pattern on an M30 chart back to February affects today`s entries? Or is it something to learn? Please summarize for us, to save some time, and for easier understending since you obviously studied it before sharing (as you seem to know, I am kinda lazy as you pointed out LOL ). Tnx, and have a wonderful weekend with a lot of excellent trade setups!
Originally Posted by kor4x
07-20-2013, 10:59 AM #1805
CadJpy H4/H1 multiple bearish patterns bat-butterfly + abcd with possible double top+rsidiv to be seen.
07-20-2013, 11:26 AM #1806
ChfJpy D1 looks like Jpy pairs show similar signals for the week, caution to be taken to trade just the best signal, and not to overtrade.
Here is a bear ABCD completing at horizontal resistance and a down trend line levels. Weather will break through these levels or will form double top with rsi div, still to be seen.
07-20-2013, 12:02 PM #1807
EurAud D1 potential bear shark@100-113 and bear butterfly in a weekly up-wave @ earlier weekly S/R level.
07-20-2013, 12:55 PM #1808
GbpUsd H1/H4 bear ABCD developing, potential gartley. What I do not like about this, that there is much longer and more obvious beautyful 5 wave XA leg for a 5 point patternn formation.
The developing ABCD seems to come into a higher level S/R zone though, with a significant external fib retracement level of an external leg.
I would be interested about your opinion, though it is theoretical, for my education, since I have to take off the week next week .
Till then happy pipping to all!
07-20-2013, 02:22 PM #1809
UsdJpy H1 - just another jpy pair, we were watching it the whole week lol. Now another small gartley which does not provide the ABCD (FE100) and the 78% D confluence.
07-21-2013, 03:04 PM #1810
Stock333 - can you give some details about your double TF approach and setup? Or is it somewhere on the site posted already?
Originally Posted by stock333