Mastercandle Trading Style - page 2

[mymarahaba]

eu nzd

another sample of last friday eunzd

[mymarahaba]

mymarahaba:
another sample of last friday eunzd

here the update eunzd

[mymarahaba]

mymarahaba:
hi all,

gu trading plan using master candle style

on monthly master candle pa has been moving and closed on the Friday above the monthly MC pivot and be continue to the top of monthly master candle

on the weekly we see pa has been make new high and then retrace and closed above weekly pivot.

on daily we see the retracement is not completed yet i will waiting the last swing low of the pa the entry long from the dip???

see on 4hr tf there is 4hr mc be break to downside with +- 150 pips if the pa break to down side or if pa break up side with 460 pips.....

here my plan for this week of gu.....

here the updated of gu

[aelimian]

mymarahaba:
here the updated of gu

Please would be kind enough to describe your system in detail ie step by step?

Thnaks

[salamdo]

impressive

it is really impressive

please we would like more explanation

How we identify the master candle?

Are we working here on breakouts only ?

And based on what you are drawing the new candles ?

please if you have more detailed explanation of this strategy ....we will appreciate if you share.

thank you

regards

[mymarahaba]

GU analyst with higer Master Candle

salamdo:
it is really impressive

please we would like more explanation

How we identify the master candle? MC is the long bar with inside the range the are more inside bars

Are we working here on breakouts only ? no actually my entry 3/4 before break out

And based on what you are drawing the new candles ?

please if you have more detailed explanation of this strategy ....we will appreciate if you share.

thank you

regards

Hi all,

Here my analyst of GU using higher Master Candle to indicate the PA movement

1. Monthly master candle High price, pivot point of this candle and lower price

2. Weekly master candle High price, pivot point of this candle and lower price

3. on daily i try to identification area of the price.

4. on 4 hrs TF there are 2 master candle on the top of weekly MC.

5. on the one hour PA you can using as the good entry from this TF

6. see now pa at the pivot of monthly MC and weekly MC

7. have a look the 18sma and 23sma as the filter of 4hr tf

8. MCAD also the filter of your divergence of PA movement

enclosure the chart explanation.....

we enter before break out or after the master candle from 1hrs or 4 hrs entry point we are play at monthly MC and weekly MC and daily MC

[mymarahaba]

here the master candle trading style

hi all,

here the concept of the master candle trading style

[mymarahaba]

mymarahaba:
here the updated of gu

hi all,

here the gu updated....

[mymarahaba]

mymarahaba:
gbpnzd this week plan

remember this i posted before here the updated....

[fxbs]

so, what is master candle been explained only in post18?

btw. what is master candle? or it's not defined yet?

(small pict. with smaller text - impossible to read)

thank you