I believe he is using a stochrsi indicator, not a stoch + rsi. Search for a stochrsi and attach that.

Trend Cycle Entry

Michael Can you explain this chart setup please. What type of candles? What timeframe? What indicator? Thanks image

Bionic Chart - The easiest forex navigation

The chart below is my current analysis of the EURUSD. The Distribution zone (yellow) may also be called rotation, consolidation, range or equilibrium. I happen to prefer the Wyckoff terminology, but that is just me. On the chart the purple zones are ...

Bionic Chart - The easiest forex navigation

Determining Key Candles From the first 1:20 of the video on post #286 (Work With Bionic Candle) I have constructed 2 charts on the H1 EURUSD showing how to determine a Key Candle and the associated Key Candle Zones. Chart 1 attached shows a "strong" ...

Bionic Chart - The easiest forex navigation

Buy market orders (aggressive buyers) or sell limit orders (passive sellers) both show up on the ask. Can never tell which one is really driving price action. In this case I believe price dropped on the next candle so only then do we get our ...

Bionic Chart - The easiest forex navigation

Which timeframes were these trades Bubalus?

Rules based method based on zz, fractals, psar, and s/d

Michael, the ‘key candle’ appears to be an important concept... something we need to understand clearly. How would you define a key candle in words? Is it the following: 1. For an upward price movement is it the first candle, where the entire candle ...

Bionic Chart - The easiest forex navigation

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Bionic Chart - The easiest forex navigation

Bubalus, didn’t I read somewhere that the psar switch needed to happen within 3 bars after the yellow dot?

Rules based method based on zz, fractals, psar, and s/d

That is what has happened to me as well.

Rules based method based on zz, fractals, psar, and s/d

Dates1.... this link isn't working for me... says "unable to accept invite"

Rules based method based on zz, fractals, psar, and s/d

Which currency strength meter do you use?

Less Watch time Method (LWTM)

Use high impact events and start with events where the price tends to move one way after the announcement. CPI new events for example.

Gauging Currency Strength Based on News Events

Thanks. Can you explain the filters please.

My Synergy Strategy

Smmtrader, can you provide your interpretation of questions b,c,d with examples when you have a moment please. Thanks.

Trading on H4 using Price Action

I trade a daily hedging system based on weekly support and resistance. Because you can never win more than 50% of the trades (more like 35%), the winning trades have to be significant. Second, a hedging system works best when the market is most ...

Opinions and Experiences with Hedging and Martingale

Powell testifies again in 20 min, so may see some movement then.

(binned per thread starter’s request) Supply and Demand, Price

Here is an example from my Friday trading. I trade GBPUSD around the US open - the vertical brown line is when I start looking at charts. Here is what I saw: 1. Preceding market structure showed a down-trend (LH/LL). At around 14:00 on my chart (7 ...

(binned per thread starter’s request) Supply and Demand, Price

The pullback, once it passed 0.7198, was forming a new structure high, signalling a change in the trend on your chart. So there is no reason to expect that price would turn down where you entered, and certainly, no confirmation candle was painted ...

(binned per thread starter’s request) Supply and Demand, Price

Winston, on the losing trade, if you had entered on the first gap bar you would have got your 3:1 R:R and it would have been a successful trade.

(binned per thread starter’s request) Supply and Demand, Price