AH HA!..I knew it!..lol
lol…thats so cool…i am looking at nardins 62 ema and 162 …nice read and put it on my chart see how price plays with it…interesting…learning never stops…nice tick chart
I wonder why they call it Great Britain! its not greater then any other place…I guess it means Ego Britain
I do some posts within the next few days about incorporating demarker, i run it on another screen. how i incpororate into entries.
combined with everything posted in this thread! Basics on entries = if you are going long then you need to buy the low of the candle or open to increase your chances of success on most entries. Visa versa for short.
hmm i would like to make a PDF out of this one…
after i understand the basics >_<
i.e. Long most likely. If you put it all toghther then look at what happaned to eur aud on sweet pips chart…bit of patients
YO dennis
here is a BETA version of the PDF you are asking for
(apparently im compiling it …using what i have understood so pardoon me i havent completly understood your technique yet)
i made a fancy name for it and a cool template
LINK HERE:
Free Cloud Storage - MediaFire
yes please correct my mistakes on the PDF i would love to so we can completly DOCUMENT this technique of yours
in a nicely refined and simple to understand form @_@ especially for noobs like me
Quick summary
SQ BC: are all entry points of buying or selling at a good price (They are not Entry Strategies) They are possible entry points with BIAS.
Understanding the Market: This is not a Entry Strategy these are determining if you will be bullish or bearish.
Projective Fibs (Are entry and exit Strategies combined with everything mentioned here)
Candle Footprints: (Are entry and exit Strategies combined with everything mentioned here)
Channels: (Are entry and exit Strategies combined with everything mentioned here)
Conclusion: All of the above must be done for 1 entry:
We have more to add but not covered thus far in this thread will get into it later…PS we can add another 20 pip win to that cad chart
and price completes the squeeze…can everyone see how powerful these techniques are for manual traders…you can look at a chart and know where price is, what type of market we are in and what acutally is going on…its not like looking at price with no reference point look at the difference, just completed the sq now …pitty i fell asleep hehe what a yummy trade…sucks
yes it is a good place to sell, but your entry must include your additional entry strategy as mentioned prior…but your spot on well done…thanks for posting the chart
can you add a 13 sma as a filter for your 20 , it will help you a lot
how to use the 13 sma as filter? i have no idea @_@ please help newbie here
BTw please check out the Ebook template @_@
its pretty cool , i love the name…its a work in progress should start with defining market
right away sir
btw how to use the 13 SMA?
when the candle makes spikes back and fourth on the 20 the 13 acts like a filter so you can not get confused by the spikes up and down of one candle the 13 will be more constant and = a better reflection of todays price then the ups and downs of a one hour candle…its like adgusting the lense on a sniper rifle…to shoot tuna hehe