hot thread eh? FF ruling as per usual

Prediction of random charts w/poll

it hit the sr, you dont even need to see the other TF's, just look left on your chart... h4 turns at higher tf sr

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image eu is fairly simple, weekly has been trending up in line with monthly, we have found some monthly sr and that has caused weekly to close down. so weekly will go down next week at least to a weekly sr at which point we may get more longs. The ...

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image

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yeah daily was looking for the weekly sr to go long from, found it today...

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mmmm... too simplified, you have to understand context and scale to really trade well, there are videos on my blog... An engulf on any timeframe will most likely go to higher tf sr, you can if you like (and i often do) wait for h4 engulf and trade ...

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As we predicted on Sunday the safe EA shprt (if the weekly went long first) was a h4 engulf off the daily SR above image

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thats a little sunday bar i get, the first 2 hours of sydney... so my monday bar is bearish same as you, same low and same high

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EA tried to go short off the daily sr but h4 couldnt engulf, now h4 closing up again... looks like a push through to the next sr above

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EU weekly was in up trend, we have hit monthly sr and now daily has engulfed and is trending short, will need weekly sr at least to stop it heres my daily with next 2 weekly SR, yesterdays close confirmed more down today image

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Personally I would be happy that I was profitable with 56% win rate because it shouldn't be hard to maintain or even improve (not that it needs to be any higher) My only concern is as always discretion.... discretion with what is really important, ...

Are my 6-mth-old results statistically valid?

GU engulf short on daily, will retrace to weekly sr before/if we get any more longs.. DAILY ENGULF image WEEKLY SR FOR LONGS (OR SHORT TO THEM, BUT BEST ENTRY WAS ON H4 TODAY) image

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EA did we say long from these weekly SR? and lovely H4 engulf confirming the SR, simple image

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Opens, closes, highs and lows of the most recent bars, for entries use price action to confirm. Theres some videos on my blog h4power.wordpress

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gold long to weekly sr this week? Simple price action reading (about to hit a monthly sr, watch for shorts!) image

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nice one Ferru... now we can see why the previous weekly bullish engulf stopped after only a few more pips up... clear tap on the monthly sr... check that looming monthly sr below too, will see a reaction there for sure EA MONTHLY image

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ahhh... some heavy schit there then... knew there had to be something there with the instant weekly reverse,

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fibo extensions are just averaging guesses... we need to be more accurate

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just cant get monthly to update until my broker comes online and as i dont trade EA its not updated for a long while looks like that, if someone can post a monthly chart with this months high showing I could see what monthly is saying image

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Hi pipmeup... not wondering, just cant see the monthly SR on my charts right now... I don't like those traditional price action teachings, they are flawed and better explained with true price and support and resistance. You can never accurately ...

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