Kolachi Method of Trading - page 113
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My targets are set on daily chart.
Going buy this time is very dangerous. It is better to wait price to retrace a little bit on 1h chart and then sell since daily is pointing down
regards
Good morning,Zach wrote that we can take profits 1.2950 but moving avarages are very wide. Now price is 1.3200 I cant understand how price is possible to go down 300 pips more.Please can explain anyone?Buy
Attached chart shows a running sell trade taken by me few hours ago when price reacted on 55ema and sloped down. My purpose is to close it close to support3 which is not seemed around 1.3110. Next slope of 5wma may push euro up to 100 or 200ema but if it happens i will sell again 1st order when price will touch 100ema and if price will go against me 2nd sell at 200ema.
Hope to help
My targets are set on daily chart. Going buy this time is very dangerous. It is better to wait price to retrace a little bit on 1h chart and then sell since daily is pointing downregards
Last trade resulted +116 pips
regards
Attached chart shows a running sell trade taken by me few hours ago when price reacted on 55ema and sloped down. My purpose is to close it close to support3 which is not seemed around 1.3110. Next slope of 5wma may push euro up to 100 or 200ema but if it happens i will sell again 1st order when price will touch 100ema and if price will go against me 2nd sell at 200ema.Hope to help
80% of cases price reacts around resist3. If someone wants to go long f.e here must wait 1 or 2 bars and if formed spikes then go long but be carefull. Daily chart is very bearish
regards
Last trade resulted +116 pipsregards
Buy here but be carefull
80% of cases price reacts around resist3. If someone wants to go long f.e here must wait 1 or 2 bars and if formed spikes then go long but be carefull. Daily chart is very bearishregards
Buy here but be carefull
I feel that it will be going down some more... Let's see...
Btw.. thanks for sharing buddy
Just trying to help in this very difficult market.
I have attached daily chart of euro. At my opinion inside the crossed area we will have the opportunity to go long.
regards
I feel that it will be going down some more... Let's see...Btw.. thanks for sharing buddy
Price almost touched 100 fibo extension 1.29680. From now and on look only for long trades either based on engoulphing / reversed hammer formed candle on 4h chart or slope entry of 5wma preferably on 4h chart
regards
Just trying to help in this very difficult market.I have attached daily chart of euro. At my opinion inside the crossed area we will have the opportunity to go long. regards
To prove my thoughts. Buy order SL 100pips
regards
Price almost touched 100 fibo extension 1.29680. From now and on look only for long trades either based on engoulphing / reversed hammer formed candle on 4h chart or slope entry of 5wma preferably on 4h chartregards
Hi,
Last trade resulted +100pips.
I will give an example to understand better KM and why we must be aware.
15m chart. Case1: 55<100<200. Also 21<100
Case2:55>100 and 21>200. Slope of 5wma must be avoid .It is better to wait price to hit higher emas on 1hour or 4hour chart and follow slope on 15mchart
regards
To prove my thoughts. Buy order SL 100pipsregards