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Ralffe replied Jan 29, 2018Not worried about BS news spikes. This is the beauty of sticking as much as possible to Daily charts.
SAFE - KISS
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Ralffe replied Jan 29, 2018Gone short on Gold.. Price has proceeded below previous candle which had Red line crossing through it. We now wait until the 1st pull-back to draw a new line. Green lines show where previous trades entered.
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Ralffe replied Jan 29, 2018Not sure why you are using an 8H chart but all the same there was no add on entry there. just a fake-out.
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Ralffe replied Jan 29, 2018Thats a good point. I will TRY to remember to do that. Cheers.
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Ralffe replied Jan 29, 2018AU trade still going sideways. FOMC week.!!!! Took profit on my Gold trades & EU. Could be a messy retrace with FOMC getting in the way & no confirmation on the higher time frames.
SAFE - KISS
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Ralffe replied Jan 29, 2018Everything concerning Forex is subjective & my lines are no exception. No I didn't draw originally from the point you mention but it would have been ok to do so. Drawing from there would have got you in earlier & given you an extra 50 pips. However ...
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Ralffe replied Jan 29, 2018Bullshit FOMC in a couple of days so don't expect much in the way of direction confirmation this week
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Ralffe replied Jan 29, 2018Perhaps this will help. Red lines show change of direction. Trend end & start. Magenta lines show how red line was moved after each wave pull-back.
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Ralffe replied Jan 29, 2018Ok I can see where you are getting confused. The lines you see are after the fact. They show the end of a trend & the start of the next. They do not show how the line was moved at each wave. There were no entries at the positions you show. You need ...
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Ralffe replied Jan 29, 2018I only see 2 long entries plus one add on. All winners. Please explain.
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Ralffe replied Jan 29, 2018Gone short on the 1H on AU,EU & Gold. No targets yet. Still to confirm on 4H & Daily. Retrace could be short lived Maybe not. I will let the lines show the way.
SAFE - KISS
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Ralffe replied Jan 28, 2018Practice makes perfect. So. Set up a demo account & practice trading on the 1m chart. If you have an hour or two to spare in front of the screen this is a good way to familiarize yourself with the system. You will get false (premature) entries on ...
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Ralffe replied Jan 28, 2018Trade higher time frames & the issue is no longer an issue.
US Dollar Index
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Ralffe replied Jan 28, 2018I will when it happens. Could be a day or 3 before the next entry presents itself.
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Ralffe replied Jan 28, 20181st entry correct. 2nd entry, you could have got in earlier by moving the lint to the last higher low wave. Your last line can now be moved up to below the present lower high. This would however make the line quite steep. I would start the line from ...
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Ralffe replied Jan 28, 2018As has been stated several times. The entry is on the candle that does not have the line crossing through it.
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Ralffe replied Jan 27, 2018Yes. By taking an earlier low to "Hinge" the line you can see how the last few lows at the top of the trend all line up. This could be significant this week. If this signals a reversal, the same will happen on the other pairs. All is governed by the ...
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Ralffe replied Jan 27, 2018You are right there. However What I meant to ask was what is the difference in the two pics & what they show.
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