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No corrective wave followed the recent rise in Euro, I guess we should see some correction at this point ,, here is my view ..
Price still pushing. ML might be a target...or at least it might try to get there. Remember Newton's First Law...things will tend to continue....unless another force is applied to change the direction it is on...Still making higher highs and higher lows: buyers are buying, sellers only get "shallow" retracements to pick up more buyers. Don't be fooled.
FX4
No corrective wave followed the recent rise in Euro, I guess we should see some correction at this point ,, here is my view ..
Hello t4fast,
Thanks for posting. The Euro is simply making higher highs and higher lows. Some wave traders have had to recount their waves at this point. Take a look at your Weekly Chart and look for areas of resistance. Price just entered one there, more significant ones ahead. At this point counting waves on a longer time-frame might help.
Take care,
FX4
Update: Weekly wrap-ups are now posted on the blog.
FX4
Getting In The Signal Zone Again
Hello traders,
This was a signal that I sent last week. Was actually on Usd-Cad. Will be interesting to see what I will spot this week.
Have a good trading week. Beware of volatility in the market. Lots going on.
FX4
P.S. My 30-Day Trading Improvement Challenge seems to be paying off and getting me back on track .
Hello FX4newbies
I have been reading up on andrews pitchfork, along with harmonic trading.
Given the fork can be applied on any timeframe, how do you view your timeframes, weekly/daily for longterm view? What is your criteria for placing a trade?
What is the lowest timeframe you would trade using the fork.
What is your usual timeframe that you trade?
Here is my first attempt at applying the pitchforks.
Regards.
make EA
can u make EA or custom indicator for stochastic (14,3,3) with arrow or alert
or etc...
If u can will u teach me how if i want t make EA with stoch (14,3,3) herylutfy@yahoo.com
Here's the rule buy when %k touch 90% sell when %k touch 10% TP 10 point if lose let's laverage every 30 point 1,2,4,8..lot then we must move TP.
Example: sell 1 lot GBP 16.250 tp 16.240 if the price go up again then we must laverage at 16.280 sell 2 lot then move both TP at 16.270 we get BEP if up again laverage at 16.310 sell 4 lot move all TP at 16.290 we get profit 20 point. Just move the TP like fibonnaci number 1,1,2,3...... thanks
Everything about stochastics:
https://www.mql5.com/en/forum/177239
EAs:
https://www.mql5.com/en/forum/177239
Everything about stochastics:
https://www.mql5.com/en/forum/177239
EAs:
https://www.mql5.com/en/forum/177239Thanks New Digital for posting.
FX4
can u make EA or custom indicator for stochastic (14,3,3) with arrow or alert
or etc...
If u can will u teach me how if i want t make EA with stoch (14,3,3) herylutfy@yahoo.com
Here's the rule buy when %k touch 90% sell when %k touch 10% TP 10 point if lose let's laverage every 30 point 1,2,4,8..lot then we must move TP.
Example: sell 1 lot GBP 16.250 tp 16.240 if the price go up again then we must laverage at 16.280 sell 2 lot then move both TP at 16.270 we get BEP if up again laverage at 16.310 sell 4 lot move all TP at 16.290 we get profit 20 point. Just move the TP like fibonnaci number 1,1,2,3...... thanksSorry Lutfy, but I am not a computer or indicator programmer.
FX4Newbies