Thank God I modified the SL higher to 30 pips. )

How to tell if the Bull/Bear trend is over, without an indicator

Taking my chance to ride this bull with 15 pips Risk. image

How to tell if the Bull/Bear trend is over, without an indicator

AUDUSD 4HR New leg Higher Low leg has been made @76.4%. Higher High is on the roll image

How to tell if the Bull/Bear trend is over, without an indicator

Recent failed Bull's reversal leg X, on the 19th April 2017, AUDUSD 5Min chart Revision image Market able to make "X" bull's leg by 100%RT on 1A and 2A Bear's leg. Then follow with a retracement which turns out to retrace 100% of X, obliterating ...

How to tell if the Bull/Bear trend is over, without an indicator

A new study will be release regarding the failure of reversal. This is a key component to a successful trading. What makes everything beautiful is when you're able to turn failure strategy into a profitable trade. Expect a new post in about an hour ...

How to tell if the Bull/Bear trend is over, without an indicator

Identifying a range market in a systematic way. Presuming we have Bear's legs formed and we expecting a reversal. It is important to identify the range market as a precaution. Identifying that will allow us to identify fake outs and real break out. ...

How to tell if the Bull/Bear trend is over, without an indicator

Daily support @ 0.7941 AUDUSD. 50 pips below is bearish domain. image

How to tell if the Bull/Bear trend is over, without an indicator

This alternative strategy still at play when the bullish reversal failed. Backup plan

How to tell if the Bull/Bear trend is over, without an indicator

3rd Bear's leg confirmed image

How to tell if the Bull/Bear trend is over, without an indicator

1 or 2 hours ago (Almost hopeless, scary, Yes) image London closing. Looks like we're going to have a 3rd bear's leg after the London closing?.

How to tell if the Bull/Bear trend is over, without an indicator

AUDUSD Bearish Reversal Strategy. 2nd Bull's leg has been RT 100%. Waiting to 100% RT on the 1st Bull's leg and create the Y leg. Best to treat the X+Y bear's leg as the 1BLL (1st Bull's Leg). If it does broke the 1st Bull's leg. Expect 1BLL to ...

How to tell if the Bull/Bear trend is over, without an indicator

AUDUSD 4HR Last bull's Bastion (Support). Make or break time. If tomorrow no reversal to the upside of the 1st Bull leg, then AUDUSD could continue falling until 6th of January 2017 candle. Time to sleep on it. image

How to tell if the Bull/Bear trend is over, without an indicator

Ofcourse history justify any strategy and that's what people want That's why I'm forward testing this strategy and be honest about its failure.

How to tell if the Bull/Bear trend is over, without an indicator

Frankly we have a fail setup on the 5 minute chart. Still not selling until we have 100% RT on the H4 Bull Leg. image image

How to tell if the Bull/Bear trend is over, without an indicator

AUDUSD 5MIN Monitoring Bullish Reversal at work If the Bull X leg got 100% retraced then, we should see movement continuation downward (But the 100% RT that I recommend is a close of a higher TF candle to avoid any whipsaw tail) image

How to tell if the Bull/Bear trend is over, without an indicator

GBPUSD 5MIN Example of 100% RT Bullish Reversal using the ZigStoch indicator to define the Bear legs. The X and Y slowly and aggresively 100% RT on each of Bear's legs. Notice how each Bullish leg never took 100% RT on it self. That indicates a bull ...

How to tell if the Bull/Bear trend is over, without an indicator

Thanks for the feedback. OBV looks interesting. I can see that is very very very very usefull for divergence and convergence. Also. that is very useful for defining the Bull/Bear legs.... Cheers

How to tell if the Bull/Bear trend is over, without an indicator

Indicator update. Now the Stochastic in the zigzag can be configured accordingly. I use kPeriod 14 or 5 Slowing 3 or 3 dPeriod 5 or 3

How to tell if the Bull/Bear trend is over, without an indicator

For us who is lazy defining the BEAR/BULL leg. I programmed a zigzag indicator (no redraw). The zigzag is based on Stochastic. file In the indicator data window there are 2 variables 1. StochasticZigZag which indicates the price 2. Value2 ...

How to tell if the Bull/Bear trend is over, without an indicator

Didn't expect a fast move like that. 0_o

How to tell if the Bull/Bear trend is over, without an indicator