Hi Huskins,Originally Posted by ;
Good luck with your trade. I lean and concur towards it shooting back down to that level. Prior to taking that dip, hopefully it doesn't skim your SL.
Hi Huskins,Originally Posted by ;
Good luck with your trade. I lean and concur towards it shooting back down to that level. Prior to taking that dip, hopefully it doesn't skim your SL.
It Only did,
I am Stopped out, Trying to reenter the Commerce Because I beleive from the divergence and I found no fundamental reason (i.e. news ) to Sabotage the technical analysis
Hi,
That was amongst the few Loss making days I'd, that also because I did not follow my own Bias.
Like I'd Mentioned in my AM preview, that If price goes over the 1.2838 mark, my Bias would shift to Long.
I knew I should be doing this, but I had been to keen to capture the top of the market and that also by not going step by step using the instructions I itself have made.
This AM Preview I will disuss my guidlines And can even write them down , So we can have a step-by-step trade implementation process.
Hece there will be no Are Reviews but we certainly will have a Long AM Preview
Huskins, awaiting it, this seems like just what I want . Various methods have been trying and it almost seems like I'm over analysing everything. I was thinking the past couple of days.Originally Posted by ;
?Weekly:
--Railway Track : Down
--MacD: Great angle of separation, but Macd Histogram waving Lower. Bias Mixed
--Stochastic : Overbought Mixed
? General prejudice , Expect to see a topping out procedure, by either MacD Divergence or Stochastic divergence until afterward prejudice is Up .
?Daily:
--Grumpy quicker moving Avg. Tied a knot and are up, while the Avg. Have a good angle of separation.: Up
--We have a broken Supply Trend line , which should now provide support at roughly 1.2832.
--Monthly Pivot Grade 1.2820 may also provide support.
--Current Trend Line Should Provide support at 1.2761
--May Look to go Brief up to one of those support levels, If We have a good trade setup.
? General prejudice is UP, but I really do price to at anticipate price to perform or at least tease us by heading to one of the above mentioned support Levels.
? If Price breaks 1.2761 Bias will change to down.
?4hr:
--Channeling Downward : Down
--Yet broken up the down Channel
--Currently in a High zone of this station
--Grumpy, Slower Moving Avg up
--MacD Great upward angle of seperation. Nevertheless MacD Histogram is waving lower
? General prejudice Expect Price consolidation and retracement until about 1.2769. Before an upward movement.
?1hr:
--Grumpy Slow EMA Up
--Quick EMA (Red) Tied a knot and moving Up.
--Have a Trendline split i.e. a Demad Trendline break, and can anticipate Short term price consolidation
--Joe Chung price projection from the TD break is 1.2783
? General prejudice is UP, however I really do anticipate Price to merge until 1.2783.
In Summary
?Expect Price to go up, however:
?Price would reach in and about the 1.2875 to 1.2906 Create Negative Divergence
?Fall to 1.2832 -- 1.2761
?If 1.2761 Holds or is not tested we should anticipate a close above 1.2906
Price is allready in our market zone for the afternoon and its looking to make divergence on the MacD on the 15 Mint chart.
I have my 5 mint chart open with 10/40 Simple moving avg plotted
I will market if the 10 crosses beneath the 40 SMA on the 5 mint chart
Hey huskin been on the brief side myself because 1.2904 but this thing isnt going down....keep us posted on your analysis
This is the recording for today.
Http://www.savefile.com/files/9616247
if price retestes the 1.2904 degree and hesitates it will mopst probably create negetive divergence on the 15 mint chart,Originally Posted by ;
Hi
So much Price has acted just as anticipated, I had 3 transactions now all of these partially sucessful.
I missed out on a few transactions nevertheless as long as I make my 20 pips I am happy
Today we're at the Buy zone, Yet today I dont see any indiors whch can help me pull the trigger.
The Are Inspection comming up by approximately 4.30 ESt
https://www.forexforum.co.za/cryptoc...fall-open.html
https://www.forexforum.co.za/cryptoc...-distance.html
These transactions are enginered employing the 5 mint chart.
Trade 1 : Inverted Hammer at a Piviot level. Could also be enginered by Boilenger bands.
Trade entrance : 1 Candle close below the piviot at 1.2881
Exit: 20 pips
Trade 2: Hammer at Piviot level
also a dual bottom on RSI, although price was waving lower:
Bought at 1.2864
Target upper Boilnger band
Exit: 18 Pips
Trade 3 Reenter Short trade (I knew by higher level charts price was likely to go towards 1.2832)
Exit before news: 20 pips
Throughout News : 10 Are out from the market (Actually I got in and out at breake even, too volatile for my liking)
I am Long From 1.2819
Total Pips today: 58