You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
I thought I saw an entry because Williams %R very low, but now, a few minutes later, the W%R on that spot shows only -91.9 % . Is this to be considered as a valid signal ?
hmm same here, I bought 1.9650 because williams was below -95 level, but then it ended above -95. Should we buy immediately before 5M period ends?
BTW I exit -23... chandelier is red now.
I believe you should buy below the -95% when after the candle closes since buying prior to close of 5 minute bar, anything can happen then you are gambling where the %R will be.
JSC77 and Vivaldi
hmm same here, I bought 1.9650 because williams was below -95 level, but then it ended above -95. Should we buy immediately before 5M period ends?
Please see the attached pic(sorry,I can not make it bigger.)
The 5M bar touches and closes @-95.0820(valid signal)....then the next bar closes @-90.3226..probably this creates confusion..
And you should have exited @1.9625 @ 12:00 after Chand confirmation,for a loss of approx 20/25 pips...And now,back to waiting..(and,frankly,looks like it can go up again,but we trade what we see on the signals,not our desires )
Regards,
Simba
et_phonehome_2
I believe you should buy below the -95% when after the candle closes since buying prior to close of 5 minute bar, anything can happen then you are gambling where the %R will be.
Right my friend..thanks
Simba
cementman
Sorry Simba but not on my chart..i'm using neuimex data feed, and i think if i had a signal it would be better if i took it near the first support if the XPMA and chandlier is still valid..or it would be better to take it from here, what's your advice?
Hi,cementman
Well in hindsight..you already know my advice ..jokes aside,if your charts didn`t gave you the signal do not take it..different dataforms give different signals,unfortunately..
Regards
Simba
Attached is my chart... it seems different brokers/pricefeeds give different results?
Anyway, in my case I shouldn't have entered, but I entered immediately when I got the first sound alert without waiting - my mistake.
Idea for the williams sound alert indicator: only give alert when 5M bar closes.
Jsc77
BTW I exit -23... chandelier is red now.
Right exit..;)
Simba
hi jsc77 please could you show where your chand stop was ie was it blue or red please
was it blue when you entered i mean
hi jsc77 please could you show where your chand stop was ie was it blue or red please was it blue when you entered i mean
Yeah it was blue, see arrow in attached chart. Next candle closed below chandelier.