you are right sujith price tends to drift i also wait till 1515gmt when news is at 1500

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heres a chart of this last trade that just hit target

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ozzie i understand you are looking at a bigger picture which may unfold days down the road but the daily weekly monthly quarter yearly etc show something quite different for the sake of everyone here just stay on 5 minute chart thanks

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sujith 2 super entries good job. my risk to reward is 1 to 1 this is an extremely high winning pct and i mean extremely high. when i get to with 5 pips of target i move my stop to break even i then watch to see if there is any bounces if there is a ...

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ok lots of question so let me put them in a few post hey ozzie heres the thing your using a 1 hr chart we are using a 5 minute chart which is a day trading chart not that you cant daytrade off the hour i just dont. each chart gives you the picture ...

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if i were trading this right now this candle when it closes would be a trigger bar to go long but again the time is a constaint it must take out high of this candle by 1 full pip and it just did so stop at 77 target 03 also when i get to within 5 ...

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no suith i dont want to trade the end of a wave 5 because what happens is thats when the 123s form to reverse thats the abc that happens at the end of the 5 wave pattern all i am saying guys is you want to know where you are in the midst of the ...

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it certainly was a blast so you are totally redeemed markets dont move because of you anymore but me lol

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what i would do in this situation is to let 123 form then if a bar closes and the high is with 2 pips of point 2 and bar is above 10 sma and +50 on the cci i would enter that way which is really ther trend trade entry the div and 123 are the info ...

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the simple way i determine elliot waves is this after i get a 123 formation and it triggers past point 2 wave 3 is under way now the elliot wave rule is this that wave 3 can not be the smallest of the 3 waves so what i do is measure the distance ...

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heres 1 that just reached target 5 waves also complete divergence is forming

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here are 2 trades today

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i see what you are talking about but you need last swing to be taken out first cause technically the trend was still up when swing was taken out trend changed then you wait for pullback then entry bar which is why i showed that trade on chart and ...

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on your first chart you had arrow at right trigger bar but nexy bar or bar after that didnt take out high as for london session i suppose starting around 7 gmt to around 10 ish might do well

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heres a usd cad trade

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yes sujith the triger bar was correct but if next candle didnt take you into trade you use next bar as long as cci is above 50 and bar is on or above 10 sma and not more than 2 pips away from sma if that didnt take out no trade the second one was ...

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for you long term traders heres a daily chart that has divergence. Remember what i said that after divergence triggers it forms a 5 wave pattern 90% of the time see if you can find the various entries in this uptrend then you will find money in your ...

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you make mt4 chart then click print screen tab then go to paint then paste then click x then save to desktop make sure you name it the go to ff write post and then go to manage attach find it on desktop then upload

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i uploaded indicator if anyone wants it its a cci with histogram

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yes thats what i have what you see is oanda begins trading on chart at 1 pm usa time though noone can really trade it but yes double top and out 1 points are the same ok i feel a little genrous tonite hears the indy

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