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G#macd_h4
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G#MACD_H4.mq4 |
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Now (06:30GMT) I'm going to watch G_MACD_1H for AUD.USD if it turns down. It may soon. Normally I would already enter short position and yes I'm usually too early - now I will use your tip, not to trade against 1H G_MACD. Thank you again!Btw, AUD.USD is at +1/8 MM on M30 and H1 and it reached second Dolly target - so this may turn out to be nice sell. Only missing here for perfect picture is H4 which is going up. Mario Last edited by alamanjani; 01-11-2007 at 06:14 AM. |
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G#macd_h4
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All it means if the H4 is going in a different direction to the H1 is that the moves are generally smaller, The H1 rules for Daily trades, Look for good angle and separation and a break or reversal at a MM level or trend line or Fib level just to confirm the move. Just had a look at the AUS/USD Watch the M15 real close as it neutralises to see what it does, i understand the AUS/USD loves to retrace to the 50% Fib and that is at the 7/8 MM H1, H4 is turned up H1 has almost turned south but it is still above the Zero level so is still showing upward pressure, M15 is starting to level off and M5 is flat as, Often after a move such as the previous upward move this move is duplicated in the same direction after a retracement so My pick would be a reversal off the 7/8 1st then a run up to around 0.7870 MM 2/8 H4 Fib 161.0. Of course if the 7/8 is convincingly broken and H1 turns South then of course go short. How does this line up with your thoughts cja cja Last edited by cja; 01-11-2007 at 08:16 AM. |
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Hi Hymns,
What do you think about today Dolly's graph? GMACD Main Trend H4 & Major Trend D1 in red, Guppy Blue Line and Open Price below the yellow, gold, orange, red line, so it's a signal to place sell stop and set sell limit, right? But today the price even don't reach the sell area. Sell limit position get in, but close in loss. Can you give some opinions how to take position in this condition? Is it any wrong with this Dolly strategy? Thanks. Rgds, Pierre |
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After I've read your scenario, I can only agree, that it is the most possible way. Makes sense. This market is suprissing me over and over again lol Mario |
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Please use Dolly Entry & Exit Rules or Fibo 0% and 100% breakout.
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If you click here more then two times. You are insane. |
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Thanks for your recommendation. I used both of sell stop and sell limit, but yesterday only sell limit position got in and closed in loss, sell stop didn't get in because the price didn't move to the sell area. If newbies aren't recommended to use dolly little tips, do you have more indicators when we (newbie) can use this little tips? Thank you. Rgds, Pierre |
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