In terms of the SR levels, use Weekly, Daily and H4 levels, as long as they are significant lows and highs in the market, it doesnt matter how far back you go as long as they have not been re-tested before, only take the first retest, if these lows and highs have been used before than dont take those…
Hi Evermore F
Yes that is a great set up to shorty, watch the aussie dollar drop, also look on the daily low I have drawn below in the chart to see that off the daily there is a great zone further back…
Look on the hour chart to see the dynamic/impulsive move which will define the direction, then use the SR levels, this will drop significantly…
Break it down to the H1 and you will see the indicator at zero, you can do this, this is what we call sub waves which I will go into further detail over the coming weeks…
Hi guys
Look at the Eur/Usd, nice H4 SR zone, then disect the chart to the H1 to see the dynamic/Impulsive move to short.
I decided to create an MT4 Account… lol. I downloaded and installed the indicator succesfully. So, as I get it… the main idea is to catch a retracement to a previous low for a sell or previous high for a buy, and wait for the indicator to cross the 0 line, right?
Sounds pretty simple.
Don’t know. I have no experience with trading platforms other than MT4. However, this comparison chart from FXCM shows that their TS Desktop and MT4 are almost identical in features and both have custom indicators:
Forex Platforms, Metatrader 4, Forex Software | FXCM
You should be able to contact their tech support and pose the question to them. The indicator that the Trading-it users are using seems to be a proprietary product of that broker which they made available to the public. It is named: [B]‘tradingit-waves’ an elliot indicator used to identify specific waves[/B]
The other indicator, similar to the one above, that I listed in the previous post [now deleted] is named: [B]Bill Williams, Awesome Oscillator[/B]. This indicator seems to be public domain, not specific to any particular broker. Ask your broker whether they have an indicator equivalent to either. I would be curious as to what you will find out.
Thanks SR Player, you set me straight again. It looks like 1:3 with TP safely above next support 0.9900.
hi guys switching to 1h chart is a good idea once u sport the impulsive wave in higher timeframes thenx SR so far was sitting on my hands in 4h charts lol learning curve
i will still watch the 4h charts in nzd/usd aud/usd and eur/usd to see them retracing to zero but i concur entry in 1h chart is better plus the stop loss is like 30pips and the 90pips comes like rushing water before u know it
Hi guys
Please watch the AUD/USD and the AUD/JPY these should be making new lows today with the set ups…
just for analysis sake Sr this pair showed a good impulsive move donwards but did not test the previous lows i rem Dr B teaching on repulsion in the trading room could this be a case of repulsion?the wave retraced to zero well just thinking
theres been a couple of good setups and they all came in a bang am enjoying evry bit of this learning
hey SR Player - i saw your name in the ‘trading it’ live trading room - havent had a chance to jump in the last week as ive been away on a camping trip - lucky me 
so tempted to bring the lappy but I dont think the family would have approved :\ ive become somewhat obsessed with charts, even the trees looked like charts to me… good thing i had a bit of a break!
anyhoo - how have the trades been going in trading room? your analysis has helped me heaps so thanks very much…
ps - are we able to exchange files within the trading room?
Yes njokie it is a case of repulsion as Dr B states in the trading room, if you look closely there were lows there on the EUR/JPY that were tested at the gap in price, normally the gap will act as resistance when it is closed like in this case, so it was a great set up…
Hi Sirmontal
Thanks for the kind words!
The Live Trading Room at tradingit.com had a great week last week, the range trades similar to my SR levels generated at least 400 pips with their re-tests across the board.
Not sure what you mean by exchanging files in the trading room? Could you elaborate.
The trades called in the trading room are based on range breakouts based on fibs aswell then re-tests for entry, they are good, coincide with significant dynamic/impulsive moves, and they also involves Gann analysis which is very powerful in my opinion.
I have had a lot of enquiries about the Live Trading Room at tradingit.com, my feedback is that it is great for a number of reasons, firstly the trading analysis done in there by the instructors have alot of merit and substance and also they don’t charge any money for their services, its all free, you’ll need to open an account with their broker, that’s it, however people don’t pay any fees etc…
For those who are interested in the Live Trading Room they have open days for anyone to see every Wednesdays and Thursday in the time zones listed below:
London 9am to 2pm
New York 4am to 9am
Tokyo 5pm to 10pm
Zurich 10am to 3pm
Sydney 6pm to 11pm
Check it out all its free!
This indicator is absolutely same as awesome indicator just color different.
Thanks. What are the settings for this indicator?
I couldn’t see adjustable settings on either of the two indicators except for the ability to set the max/min of the scale which I don’t think has any bearings on the functionality.
Hi guys
AUD/USD, AUD/JPY took out those lows as anticipated.
EUR/USD still traveling well also…
Impulsive moves defined the direction on all 3 pairs.
those are realy cool trades and i guess in 1h one could do with 30pips sl looking for 90pips which looks like e/u has already gone down the 90pips
am looking to see the 4h chart setups and retracement to zero line
nice trades SR i missed them all i notice timing trades in 1h charts u could do with 30pips sl and 90pips profit and most of those trades have gone down more than 90pips am watching 4h charts to see the retracements back to zero