D-W-M discretionary method
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Thread: D-W-M discretionary method

  1. #1
    Hello everybody and decent fortune

    I started to feel need to start a public journal, this might help both me and kind followers to enhance own trading style

    I'd trade daily ideas on little account (semi-demo); weekly and monthly on the regular one.

  2. #2
    We beginning with daily thoughts.

    AUD did a powerful pullback, so buy followup.
    Today I want to select counter-currency for the oriental session:

    AUDNZD is close to weekly resistence, and there isn't any hourly breakout about the previous consolidation phase. On the other hand AUDJPY doesn' have Issues

  3. #3
    AUDJPY. I also see fine H4 consolidation breakout

  4. #4
    In AUDNZD positive divergence indies that the current March low at 1.0635 ought to be followed by a rise. Trade idea - buy on the market, add to longs at 1.0700, stop at 1.0585 and goal in the slightest . .1.0950/85

  5. #5
    Quote Originally Posted by ;
    In AUDNZD positive divergence signals that the current March reduced at 1.0635 should be followed by a rise. Trade idea - buy on the market, add to longs at 1.0700, stop at 1.0585 and target at . .1.0950/ /85
    Welcome!

    Thank you, I'll back to the at weekly round-up

  6. #6
    Quote Originally Posted by ;
    In AUDNZD optimistic divergence signals that the current March reduced at 1.0635 should be followed by a rise. Trade idea - buy at market, add to longs at 1.0700, cease at 1.0585 and target in the slightest . .1.0950/85
    I believe that your idea suits intraday as well. I have closed audjpy and receptive audnzd

  7. #7
    Congrats to your new thread ! Thank youSubscribed

  8. #8

  9. #9
    Quote Originally Posted by ;
    Just bought EURGBP
    I wanted to wait for an european session open, but I see EUR from the prolonged consolidation, so it may move (somewhere) anytime. The worst thing isn't to lose, yet to miss a chance


    Weekly: so we see powerful bull couple of weeks back and also weak bears later.
    Daily chart: we still have a downtrend ofcourse, but take under consideration GBP has burnt out a lot of fuel to frighten the bulls.

  10. #10
    Quote Originally Posted by ;
    quote I wanted to await an european session open, but I visit EUR in the prolonged consolidation, therefore it might move (someplace) anytime. The worst thing is not to lose, but to miss an opportunity Weekly: therefore we see bull few weeks back and and weak bears later. Daily chart: we still have a downtrend ofcourse, however, take into consideration GBP has burnt a lot of fuel to frighten the bulls. image
    Pay attention to the candle around the 1H chart. THis is decider: you wish to see confirmed breakout and buy on the pullback ideally

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