daggerfall » Mon Jan 05, 2015 10:51 am wrote:
Hi frend ; )
You will never find exactly this same pattern, they are always distorted a bit but they are still there
Foxes are doing everything what they can to steal your money but they need to stick the plan
I can't do a price map it's to hard for me and i don't even know how to do that correctly BUT when I see some nice pattern on H4 I KNOW that this same pattern is already there but lower, after that I just follow the tracks and thats all
It's hard on the begining but with time and gathered experience your self confident will rise to the heaven ; )
best regard
Thanks mate, now it's a bit more clear. Next time I see a nice 4H pattern I'll try to look back for hints on lower time frames. Maybe some day I'll see it like you do
“And those who were seen dancing were thought to be insane by those who could not hear the music.” ― Friedrich Nietzsche
Yes, and on other pairs. The 'crazy' thing is that this spikes are not random either. They completed levels for quite a few pairs! [ including stopping out a massive amount of trades I would imagine... ]
I took some screenshots last night meaning to post up some ideas for this week, but dozed off before I could post. Will post them up in the next posts
GBPAUD H4:
20150104_gbpaud_h4_levels.png
20150105_gbpaud_h4_levels.png
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tienbanker » Sun Jan 04, 2015 2:09 pm wrote:I MAP EURCAD TF 15M AND USDCHF TF WEEKLY. INCREDIBLE. IT IS SAME.
Price in here around 1.00 with usdchf and I think it will reach price 1.31 in future.
Check with level right also. Price will do the same with the cycle in my picture.
HOPE WE CAN MAKE MONEY.
Incredible stuff tien!
Are you already long the USDCHF?
Watching to see whether today's opening pin high will be breached.
If not, could retrace up to the VBRN 1.0000 before proceeding long [ my 7 cents ]
Direwolf » Sun Jan 04, 2015 5:35 pm wrote:Hey guys. Just an example! I was talking to a friend explaining the accumulation and 3 pushes idea and was looking for example when I came across NZD/USD. It's crystal clear!
it started with a 3 pushed up, followed by an accumulation phase.
A little zoom out revealed that it's quite an obvious S/R level which tell us this would be an excellent level to sell.
Zooming into h1 we got several opportunities to short. Green = entry, pink = stop. Very nice minimal distance.
We then waited to see if it played out.
It made a nice and obvious 3-pushes down.
If you hold the trade all the way through this would net you nice easy 8-9R!
Good stuff!!, very clear breakdown too.
Hope you guys made money of the move!
Testing the waters with a long following the the chop + pin. However, it could keep plummeting down to L3 without a retrace ( in which case I'll cut my long )
Cheers
20150105_euraud_h4_levels.png
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Fundamentally I think EUR is so going down. Draghi hinted QE to be starting soon, Greece situation... what else to expect. QE could start as soon as 22nd this month. If we get a 3-push-up during next 2 weeks, we know what the fox is up to.
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Good stuff!
When a pair starts trending, I lose count and don't even bother [ unless something REALLY obvious pops up (like a retrace followed by a nice pin / RRT / EB on H4/D1) ]
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Zooming out for an even nicer level to sell. Here's me copying dudest's colors
