08-03-2013, 07:50 PM #1961
08-03-2013, 10:39 PM #1962
Sly, RU backtesting, or going to fwd test?
I would like to ask you about the ichi cloud, in the case of posted siuation, i.e. support level weak I guess, then the cypher coming in below the cloud, what should be the plan?
Pls help. Tnx.
My question was, in case you worked on backtesting first... the statistics of success rate of the cypher.. whatever the cypher is in current fib ratios..
08-04-2013, 01:56 PM #1963
For those who trading EURUSD or USDCHF
A weekly evenig star is in a way to be realized under an oblique resistance on EURUSD
In the same way a weekly morning star is borning near an oblique support on USDCHF
08-04-2013, 03:06 PM #1964
i use ichi to determine the current trend. So i cant help you but u must read about ichi. And i dont care about where is my pattern under or above the cloud.
08-04-2013, 04:48 PM #1965
First time trading an impulse wave
USDCAD H4 Bearish Impulse Wave 0.886 @ 1.0420 + RSI Hidden bearish div
1)AB = Failed ST break at B = failed prior OX downtrend
2)Following by an Extreme bullish impulse BC wave
3)PRZ = High potential RT at C
Last edited by paulselvan; 08-04-2013 at 06:43 PM.
Reason: new picture
08-04-2013, 06:14 PM #1966
Hi everybody, just for show you this Butterfly Pattern bullish in correctly position ( waves 4-5 primary ) on Aud/Jpy H1. I'm waiting the price inside PRZ about it and the final waves 5 of the cycle intermediate.
Last edited by adrix12; 08-04-2013 at 07:01 PM.
08-04-2013, 09:38 PM #1967
GBPUSD was tempting, but wanted to be smarter than the market ... and missed the nice opportunity at the end. Ehh ... lesson lernt ->
08-04-2013, 09:42 PM #1968
hi, I was already trading this butterfly last week. Took the profits. May re-enter on the retest, but not sure if price will make new lows as your pic. Lets wait and see. Thanks.
Originally Posted by adrix12
08-04-2013, 10:08 PM #1969
You'll see.. there's a better probability of a last low due to the Elliott waves theory.
08-05-2013, 04:50 AM #1970
entry on restest