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- Delite replied Oct 17, 2011
Okay. The red horizontal line represents the close of the 1hr shooting star. as you can see, the 10.20 M5 candle closes below it and so entry would be one pip beneath that candle.
- Delite replied Sep 22, 2011
Hi Darryl May I offer an opinion? Looking for 1-2-3 pattern, I think you need to see a HL, H, LL, LH for a short or the opposite for a long. In defining those swings, then a definition from Strat's thread is quite helpful - "For confirmation of a ...
- Delite replied Aug 10, 2011
To illustrate my question above I attach two charts. The first one shows, via the black arrows, the type of candle I mean. It has no upper wick in a down trend and shows momentum to carry on down. The second, is one illustration from yesterday's ...
- Delite replied Aug 8, 2011
So, I hope this makes sense... I am posting an hour chart and a M5 chart. The blue line represents the close if the H1 Candle. So when the M5 chart shows a pullback then closes above/below the the cloes of the H1 candle, then you join at the break ...
- Delite replied Aug 4, 2011
Okay. Really kicking myself for having not taken this, but would appreciate some feedback on the interpretation of the H1 and M15 candles on the EU chart. Firstly there was a strongly negative 8am candle. So, from 9am we are looking for a pullback ...
- Delite replied Aug 1, 2011
Cool! It was also a trendline break on the M5 chart.
- Delite replied Jul 27, 2011
Two trades on EU M5 today. First one taken as rejection of 14500 level - exited at Daily Pivot. Second entered at rejection of Daily Pivot and exited at Monthly Pivot. Both trades had confluence with the m15chart printing a zigzag at the same point. ...
- Delite replied May 16, 2011
This is a great system, and while I do not want to move away from its simplicity I would like to add one thought. The use of pivots is great - but the same method (ie the HL, HH etc followed by HA candle colour) can be used at points of S/R. I am ...
- Delite replied Apr 14, 2011
Red As price has whizzed through that zone on the M15 will you be looking at the zone marked on the hour chart or is momentum too great? (Just learning) ETA - Kenny beat me to it!
- Delite replied Mar 30, 2011
Hello all I saw this trade - a pullback to the DP followed by a bearish engulfing candle - but didn't take it. It worked out, obviously, but would the position of the MAs have kept others out? EV - thanks for the doggie goodwishes - he had an op on ...
- Delite replied Mar 24, 2011
EU M5 chart Took entry at the black arrow. Bullish engulfing with a close above the 14100 level and a bounce off the 10MA. Aware this is counter trend so will take what I can - hoping for the DP.
- Delite replied Mar 17, 2011
Hi guys Attached is an EU chart from yesterday. Would you take the most recent swing high to be the area around the dotted red line, or would you use that really high spike candle? Many thanks in advance.
- Delite replied Feb 9, 2011
Still disagree!! EU Chart from yesterday morning. Anyway its what works for each of us thats important! All the best.
- Delite replied Feb 9, 2011
Oh I see. Sorry! In a final, clumsy attempt to help I post the following chart, which is my copy of Paulus' last chart ie 28th Jan. It would appear that his times are one hour ahead of mine. It may help for a comparison, until he posts himself. Best ...
- Delite replied Feb 9, 2011
Does this help? It is now 14.25 GMT.
- Delite replied Feb 8, 2011
Forgot to add chart!
- Delite replied Feb 8, 2011
Nice set up on GU
- Delite replied Feb 8, 2011
Pres - thank you for your reply. Nice set up on GU this morning.
- Delite replied Jan 26, 2011
Hello Thomas I attach my M5 chart for GU - there is definitely more than one candle between 2 and 3. Do you have a different setup? Hope this choppiness subsides soon.
- Delite replied Sep 30, 2010
I wondered if someone could spare 5 minutes to have a quick look at my hour chart and confirm that I have got my SR levels in the right places. I know it sounds really basic, but I just need to check that they go at the swing highs and lows while ...