Download MetaTrader 5

Don`t read this thread..Make Money with it. - page 25

To add comments, please log in or register
okawa
15
okawa  

dragon and MSL at EU H1

hai.. this is valid..?

the dragon pattern and the elipse shape is MSL.

okawa
15
okawa  
SIMBA:
Hi no need to be sorry ,your english is very clear..Dragon,yes the setup is right,though you will have to wait for the breach of the trendline..just checked it now,looks like it is forming a Dragon within the Dragon...you may want to trade the inner one,if so,check that there is some kind of UPdivergence(macd,rsi,whatever you use),then a breach of the trendline. Regards

thanks for reply, u mean that it will form another dragon in this dragon, so pick the inner one, and,should we confirm with UPdivergence for this pattern..?

or just use the basic (rule that u post early at first page).

okawa
15
okawa  

msl or 2b

hai..

i just want to confirm.

how about this..?

is 2B or MSL(yellow elipse)?

or both is not?

SIMBA
2078
SIMBA  

Dragon

okawa:
hai..

i just want to confirm.

how about this..?

is 2B or MSL(yellow elipse)?

or both is not?

Hi Okawa san.

This is a Dragon the size of the emperor`s palace in Tokyo..please check my picture dragon1 ....it complies ALL the Fibonacci rules for it to be defined as a Dragon.

2b..there may be a 2b if price closes back ABOVE 1.1870 on a D1 timeframe...above the horizontal Aqua line..but still not there.

If you check pic dragon2 you will seee that in h4 tf there was a divergence between price and MACD action,so the Dragon had a divergence,even if at a lower tf,supporting it.

My suggestion...if the setup is unclear,do not trade it..it has to hit you in the face to be tradable,and the higher the timeframe the better.

This is what I meant with "a dragon within a dragon(h1 dragon up within d1 dragon down)since the h1 trendline was not broken up,the h1 was not triggered...but the d1 was...always check the global picture...it pays off very well.

Files:
dragon1.gif 66 kb
dragon2.gif 79 kb
winnn
65
winnn  

any update?

homestudy
196
homestudy  

???

winnn:
any update?

Did you read the book? The thread??? Might want to give it a try.

witsnpips
158
witsnpips  
homestudy:
Did you read the book? The thread??? Might want to give it a try.

heh, you don't say...

winnn
65
winnn  

yes, that's whey i replied this thread and now I am testing some harmonices ex4s

Benli Gunawan
24
Benli Gunawan  

thanks Simba

Benli Gunawan
24
Benli Gunawan  

thanks for sharing Simba

To add comments, please log in or register