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thanks for your attention.i personally think all indicator-based strategies without understandig these conceps do not make any sense,anyway i follow this thread because it is my intresting trading system.
for the sake of shwoing the function of these i post today's recap by patterns.
remeber this whenever you want to trade with patterns:
The longer time-frame,the more pips.
Hi Guys,
where can i get this indicator with the blue shade please...
could someone help me with entry on these patterns?
1. what is the price zone that i hear talked about on this thread?
2. what do the blue squares in the indicator represent?
check out this pic of butterfly of silver? if i entered at the bearish outside bar at the formation of the butterfly, i would have taken a loss. would this have been a bad tactic?
dear ziko,there is conflict between H4 timeframe and the daily timeframe. I would certainly close my selling position for eur and gbp, and might switch buying at friday's low. what's your opinion?tq.
dear ziko,there is conflict between H4 timeframe and the daily timeframe. I would certainly close my selling position for eur and gbp, and might switch buying at friday's low. what's your opinion?tq.
Yan,
my 1/2 positions are still open, so wither they reach the 2nd profit target or get closed at BE