Thank you Sir. It helps a lot my understanding. When you took trade on M15 (primarily with-trend trades), do you also consider the price location with respect to 34ema on H1 and H4? How about the 34ema on D1? It seems to me that you are also taking ...

A very simple system - trade with arrow

Sir, would you discuss the reasoning behind this trade? When you are scalping the 5-min chart, what do you usually look at on the higher TF ? I can see you enter after a rejection candle off the 10ema on 5-min chart. But that is almost all I can ...

A very simple system - trade with arrow

Hi Likica, Would you discuss how to select good divergence versus bad ones? Especially why the first two divergences in that graph are bad? Thank you.

TMS for M30 charts

) Hi Dennis, Thanks a lot for the detailed answer. It shows a lot of insights. Here's some of my interpretation of your word. I am trying to grasp and understand better. My understanding could be wrong, and I would appreciate if you would point out ...

An effective strategy and account with stable profit!

Hi Dennis, Having read all the posts, I see that you are a very talented trader using Elloitt wave theory. I struggle with how to apply these theory. I have a question, it is actually very basic, where and how do you start marking the impulsive wave ...

An effective strategy and account with stable profit!

Hi Davit, I hope this is not a newbie question. But would you mind explaining a bit more on the reasoning behind the central bank's intention to lower the Yen/AUD? How do you tell that the price is at a price too high for the central bank to bear? ...

Pivot Trading

Hi likica, For GU, GC and GA, I was waiting for another LH or trendline break after the divergence to get in a trade. But it moved down straight without making a LH. So I missed the move. Any reason you decided not to wait for another LH after the ...

TMS for M30 charts

Hi pipsniper, You did well with pivot trading. I have a question regarding PA reading. Please see my comment/questions on the attached chart of your trade (I hope you wouldn't mind because I find it's better to write it on chart.) Davit, if you have ...

Pivot Trading

Sir are you looking for possible sell trade opportunity in the direction of weekly 10ema? I can see that GN is facing lots of resistance from weekly chart. H4 still inside WRB for both these pairs.

Trading Made Simple

I remember reading that you use EURGBP as a pair for recovery trade. If so, why? As it is still within WRB, I assume you did not take any trade on this pair? Thank you.

Trading Made Simple

Hi mch1970 and Davit, Would it be possible for you guys to kindly recommend some websites you are looking at, to check the currency news and its sentiment? I am not a native english speaker so not very familiar with the popular website to look at ...

Pivot Trading

Hi Likica, I read from your trades and sometimes your trades are based on bounce from weekly S/R. Could you teach me how to draw these weekly S/R? Thank you.

TMS for M30 charts

Ok I see. Thank you Sir. I see that apart from EURNZD and EURAUD, other EUR pairs are still within the Brexit WRB range. Would it be possible for you to share your BPP of one of those pairs. Which one do you think has the best selling potential? ...

Trading Made Simple

Thank you Sir. After closing the EURAUD sell position, you did not reenter a new position. Are you expecting a pullback next week (hence planning to enter at a better price during the pullback)? If so, why? Thank you.

Trading Made Simple

Thank you Sir. The EURUSD sell trade, after taking profit, did you reenter a new ME1 position? If not, why? Thank you.

Trading Made Simple

Sir, I am trying to understand better the concept of sell zone. In the EURCAD trade, when you say "sell zone", are you referring to the same thing as in this post you showed me earlier? url I thought to be qualified as being in the sell zone, ...

Trading Made Simple

Thank you Sir. I understand better now. With the rebound on GBP and the brexit next week, I assume you have closed all the short position for GBPAUD, GBPUSD and GBPCAD due to trade invalidation, are you still going to hold the short position for ...

Trading Made Simple

Thank you Sir. "The following day continuation and close in a sell zone. This is the beginning of the market type "Let profits run" phase." Why does the bearish continuation candle on June 3 mark the beginning of a trending market type? The word ...

Trading Made Simple

Thank you Sir. I understand the GBPAUD one. But why is GBPJPY a good choice? On weekly, it seem to be in a range and it's already APB#2. And why GBPUSD become a better choice than these two since yesterday? Thank you.

Trading Made Simple

Sir, is there any reason that you did not open the first GBPUSD ME trade on Monday? Thank you.

Trading Made Simple