Junior Member
10 price breaches and 10 trade success.
2,260 pips or about $226 demo miniature a/c at 0.1 lot per ccy pair
Junior Member
Current setup H4.
Price seems to retrace 50%.
Junior Member
Current setup m15.
I will see whether the price would make greater low beyond 1 or making lower high below 2.
Junior Member
Current setup m15.
The market is consolidating/congesting now. Probably after a massive move up, and also probably awaiting the results of the news release of US core durable good orders at 12:30 gmt.
Meanwhile I simply lost close to $100 because of power blackout for a few hours.
Luckily it's simply demo a/c.
Junior Member
In this article on, I start to take trades as per system outlined in post no 1.
Referring to the chart below I took commerce from close and 1 at two.
Got some 800 pips or $80.
Junior Member
1 Attachment(s ) ) Current setup
Junior Member
1st chart: trend finder
2nd chart: current arrangement and trade
Junior Member
1st chart - setup
2nd chart - trade
I see and begin to draw my installation at start of asian session after the final of US session.
Retracement of 50%, 61.8% and 78.6percent are safe impulsive waves.
I select the points where at least it gives me 50% retracement but not exceeding 78.6%.
Two days (green) and 1 week (blue) are powerful support/resistance lines.
Draw lower and upper trendlines too to spot the conclusion of ups or downs.
I prefer m15 chart.
Gj is my favourite.
I enter a trade after:
1) I see that a marubozu candle after a confirming reversing candle at 5 hours sma.
2) the price split during the psycological lines
Junior Member
chart 1 - setup
chart 2 - trade
Junior Member
I thought I found my rhythm with the fibo installation but apparently not.
I will keep testing installments until I find the ones that pack me.