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Davit replied Jan 6, 2013Mr Pip already mentioned that no indicator for this thread specially harmonic painting ones.We are trying to learn it ourselves not blindly assume indi's version which could be erronous and often they are. This is rather challenging way to trade but ...
Ratios & Harmonics: a Different Way to Trade
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Davit replied Jan 5, 2013I disagree with you. C ideally to reach 618 but can't be higher then 786 however Mr. Pip said Quote from his manual Note: The BC move remains valid as long as there is at least a 61.8% retracement of AB and there is not a candle close beyond the ...
Ratios & Harmonics: a Different Way to Trade
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Davit replied Jan 5, 2013So you are the TDI police?
after 35 posts...Another simple system - Time-Frame 15
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Davit replied Jan 5, 2013I agree with you. Problem is by the time it validates a signal 1/2 or 2/3 of the move is done.I never used it.
Another simple system - Time-Frame 15
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Davit replied Jan 5, 2013Mr Pip Let me try if I understand difference of XABCD VS AB=CD X major swing AB C retrace ideally .618 but invalid if closes above .786 if this happens we might be looking double top or double down.D is ideally at 127.2 (measured from BC)but can ...
Ratios & Harmonics: a Different Way to Trade
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Davit replied Jan 5, 2013Your C is not formed yet so its premature to say Gartley bullish forming.
Ratios & Harmonics: a Different Way to Trade
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Davit replied Jan 5, 2013Nice indi I would suggest you reduce your lot size and trade very small until you get sufficient about it. url download the free book and study.Its important you understand how markets move.At 1st it seems random but in actuality there are ...
Davit's Confluence Trading
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Davit replied Jan 5, 2013Here is an interesting Fib tool for Meta trader.Like most meta traders are frustrated with default fib tool.Its rather sterile. This fib indi shows price and color coded lines and you can modify to your liking. How to use it. 1.Drop it on your chart ...
Another simple system - Time-Frame 15
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Davit replied Jan 5, 2013Please Emmanuel don't think I am arguing with you I just want to voice my opinion freely . Person who started this thread kept mentioning God on every opportunity (even though I am an atheist) and he kept saying "love Everyone" even his signature ...
Another simple system - Time-Frame 15
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Davit replied Jan 5, 2013Hi Emmanuel I agree to expect exuberant expectation is dangerous.I blew my 1st account.Had lots of painful moments and still do at times however I except the very inherent risk in trading.Matter of developing thicker skin..."psychology" You posted ...
Another simple system - Time-Frame 15
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Davit replied Jan 4, 2013Newbies by default means a beginner which also means be open enough to except who you are and cultivate trading style that suits one's own personality. It is a process that one goes through. I know a trader here with five years of experience on this ...
Another simple system - Time-Frame 15
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Davit replied Jan 4, 2013I am still tender from my last suspension which caught me unexpectedly.I am not going to diverge into it.Its over.Suffice to say I am not seeking popularity contest. What I got from this system is awareness of EMA's influence on price.And I thank ...
Another simple system - Time-Frame 15
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Davit replied Jan 4, 2013Reading Trade What You See: How To Profit from Pattern Recognition This is about Gartley patterns.Interesting that Gartley was charging staggering $1500 for each copy of the book in 1935!!!Worth of 3 cars at the time... Anyway I am late comer to ...
Davit's Confluence Trading
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Davit replied Jan 4, 2013Hi KADC Nice to see you post again.Your lot size made my think ant (me) versus an elephant
I agree I hate selling the Aussie for same reason.Come to think of it I dislike this currency and often just ignore it.I tend to be more of a seller ...Davit's Confluence Trading
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Davit replied Jan 4, 2013Hi brother I totally sympathize with you on your reservations.Most decent systems even with 52% edge is enough to make great deal of money. Challenging part mostly is not about systems but trading psychology.How you manage your trades determine your ...
Ratios & Harmonics: a Different Way to Trade
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Davit replied Jan 4, 2013I am inclined to believe we are still in Uptrend. On down side there is still room price to touch lower daily TL 2915 is 200EMA important in terms of confluence and floating S/R although I believe price next week may resume bull run and I am not ...
EURUSD
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Davit replied Jan 4, 2013I know I am little early but inclined to think Bearish Gartley is developing.Nice swing down X I know its very premature but looking at least 38 fib retrace which is 3115. I will wait to see how this unfolds. image
Ratios & Harmonics: a Different Way to Trade
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Davit replied Jan 4, 2013Anything is possible but we are still in up trend.We had a huge drop and expecting a correction move up at least 38 fib 3115
EURUSD
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Davit replied Jan 4, 2013retail traders only effect 7% of the markets hence irrelevant. 75% Short on Cable and Euro on 1st Jan and GU shot up 150pips.I am sure lot of accounts got blown away.I suggest ignore retail traders positions most likely market makers will push ...
EURUSD
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Davit replied Jan 4, 2013my thoughts. Inclined to think Gartley bearish developing.Some aggresive traders trade from B to C but "safer" is shorting from D which is .786 of the move which is square root of .618 golden ratio. image
EURUSD