REVERSE - IMPULSE System - page 21

 

Ending Diagonals

pls help me.........i cant undrstand your your message to much

 
f3n_dy:
can you explain point 3 detail.ending diagonal etc...can you explain with picture..thx

this was asked by Seckit, but since a lot of you are already asking, im pasting my relpy to him for you to see.

first or all, the as wee all know, Ending diagonals only happen on the 5th wave of some wave.. so this is the best chart pattern for a reversal.

basics of ending diagonal:

Ending Diagonal Leading Diagonal and Wedge Definitions SP500 | Afraid to Trade.com Blog

google it for some resources, but the best is robert pretcher's book

basically, ending diagonal is a 5 wave overlapping structure. this pattern indicates trend weakness

i drew this for you :)

.. so back to the system.. when you see a reversal signal on indicator in the spot with a number "5"on the picture.. its a high chance of reversal.

examples of actual trades i made this week..

Sell on GBP/USD.. ending diagonal,

Files:
ending_diag.jpg  41 kb
short.jpg  121 kb
 

Confluence & Rejection

this is an example of the topic above,

pls dont ask me questions on how to draw fibs, expansions, round numbers, etc..etc.... they are basic stuff that you need to know...

last EUR/USD Trade.

on 1.29600... (a round number) we see price is rejected (because of a big wick). that level also happens to have confluence or ratios,,, it is the Fib retracement of 113% from swing AB.. and it is the Fib expansion 61.8% of swing ABC... so point D is a good point of reversal..

the spot happens to have a signal, so we can enter agressive here..

Trading agressive has the best Risk Reward Ratio, but needs to consider more stuff...

Files:
 

Updates 04-28-2313

Notes:

1.This version Upoaded is ONLY for EUR/USD 5Minute Timeframe.. Trying it on others will create Negative Results.

2.Dont trade invalid/dissapearing signals, dont be too agressive. You only need to trade once a day. pick your perfect spot. So its better to trade in conservative type.

3.Switch from one Timeframe to another to check signal validity.

4.Impulse signals (yellow arrows) are always more powerfull the reversal signals.. Except for news releases. (dont trade this)

5.Slowly built your equity, 2% a day is 40% a month!!!

6.This system is developed only to pinpoint high propability spots to trade with. Its still up to you if you take the signal.

4 Digit & 5 Digit Vesrion (Updated)

https://www.mql5.com/en/forum/182653/page13

EWP Clarifications

https://www.mql5.com/en/forum/182653/page3

News & Gaps

https://www.mql5.com/en/forum/182653/page2

Divergences (Regular or Hidden) Entry Points

https://www.mql5.com/en/forum/182653/page4

Reversal Multiple Signals

https://www.mql5.com/en/forum/182653/page13

Regular Divegrence Explained

Regular Divergence | Trading Divergences | Learn Forex Trading

Hidden Divengence Explained

Hidden Divergence | Trading Divergences | Learn Forex Trading

How to Enter Aggressive on Reversal Signal

https://www.mql5.com/en/forum/182653/page13

Ending Diagonals

https://www.mql5.com/en/forum/182653/page14

Confluence of Ratios, Round Numbers, Rejections

https://www.mql5.com/en/forum/182653/page14

Impulse Entry Points

https://www.mql5.com/en/forum/182653/page4

Harmonic Application

https://www.mql5.com/en/forum/182653/page4

RSI & MA Divergence Indicator

https://www.mql5.com/en/forum/182653/page13

Invalid / Dissapearing Signal

https://www.mql5.com/en/forum/182653/page5

Take Profits

https://www.mql5.com/en/forum/182653/page10

Backtest Notes

https://www.mql5.com/en/forum/182653/page14

If interesed in pro version.. contact me.

Pro version has more features and you can trade multiple pairs, because you wont get signals everyday in one pair... you still need to filter that signal get conservative entry.

Im not forcing you to buy, but if you have more pairs, then you can filter more signals for conservative entries.

Pls get a habbit to use conservative entry type, because a lot of times, this will save you from loosing a trade...

and btw, if you are good enough, pro version has agressive mode that can give you more signals... but this requires more skill to filter

thanks

contact:

fxsuccessor@gmail.com

skype:

fxsuccessor

 

hello marina bay sands!!

see you tomorrow! so exited

good night guys

 

was a signal on opening! but i was sleeping

 
curtains:
was a signal on opening! but i was sleeping

signal now hidden divergence. alreadry pro vesrion

Files:
hidden.jpg  149 kb
 
Seckit:
signal now hidden divergence. alreadry pro vesrion

im not yet confident with hidden divergence.. boss told me to first focus on regular divergences on reversal signals.

 
fxsuccessor:
this was asked by Seckit, but since a lot of you are already asking, im pasting my relpy to him for you to see.

first or all, the as wee all know, Ending diagonals only happen on the 5th wave of some wave.. so this is the best chart pattern for a reversal.

basics of ending diagonal:

Ending Diagonal Leading Diagonal and Wedge Definitions SP500 | Afraid to Trade.com Blog

google it for some resources, but the best is robert pretcher's book

basically, ending diagonal is a 5 wave overlapping structure. this pattern indicates trend weakness

i drew this for you :)

.. so back to the system.. when you see a reversal signal on indicator in the spot with a number "5"on the picture.. its a high chance of reversal.

examples of actual trades i made this week..

Sell on GBP/USD.. ending diagonal,

thx for the explaination...i will try it..

 

ending diagonals are really similar to 3 drives pattern.

@fxsuccessor, thanks for explanations and time. have a great day at singapore