At No.4 and No.5, price behaviour on H4 chart due to successive penetrations tells me the importance of blue zone has lessened. So that's where I decide to delete it and move on to the next support / resistance level. Kind Regards, Blackeagle

(binned per thread starter’s request) MM (Money Maker) Detective

As promised, I will show you how I draw support / resistance lines manually and when to keep them or delete them. As this is a subjective issue, there is no right or wrong, IMO. I have some objective rules to define swing highs / lows and based on ...

(binned per thread starter’s request) MM (Money Maker) Detective

I posted that link because it shows how price action works. As I said previously, I don't know how George trades. I spoke to him only once, a short period of time, that's all. But I read his thread and tried to integrate the things I find useful ...

(binned per thread starter’s request) MM (Money Maker) Detective

Please see this post. Explains clearly. But my short answer - to see the big picture. url Regards, Blackeagle

(binned per thread starter’s request) MM (Money Maker) Detective

As a side note, regarding deleting targets (consider them as a zone) after price touches them, I keep them for a while for possible extra entries. As you can see from below chart (M15), there were other profitable entries based on the initial target ...

(binned per thread starter’s request) MM (Money Maker) Detective

Option 3: If you decide to take multiple entries as I do, then another option for exit would be to close some positions when price touches the mid TMA band on M15 and close the remaining lot when price touches the SMA200 on M15. Regards, Blackeagle

(binned per thread starter’s request) MM (Money Maker) Detective

Option 2: Draw your Targets based on George's teachings and exit when price touches those targets. Top chart shows exit based on H1 target, and bottom chart shows exit based on M15 Target. If there is no nearby target on M15 and you think H1 target ...

(binned per thread starter’s request) MM (Money Maker) Detective

Exits: Option 1: Classic Chart Reading. Check left hand side of your chart and find area of interest where price might be targeting (blue area on H1 chart). Exit when price touches that area. Regards, Blackeagle

(binned per thread starter’s request) MM (Money Maker) Detective

Now consider you are on March 26th and price is getting close to 146.384. Because you defined your target zone (146.384), you can switch to M1 chart to see if Price is within the Pressure Zone or at extremes. Below you will see M1 Chart on March ...

(binned per thread starter’s request) MM (Money Maker) Detective

I see some people keep asking re. entries and exits. I am going to post a few charts regarding how to enter and exit based on targets and TMA. I am not saying this is how George or anyone from his thread trades. It may be completely off the course, ...

(binned per thread starter’s request) MM (Money Maker) Detective

SwingMan, wonderful job sir, thanks a lot. I have attached two charts. The chart on top shows the levels I drew myself manually based on what I have understood from George's teachings (I have read every single post of his thread) and the bottom ...

(binned per thread starter’s request) MM (Money Maker) Detective

A trader needs to have objective rules to determine trend. Do you use HH-HL, LH-LL method, or trendlines or an indicator or a combination of indicators to define a trend? Then what about time frames? What about look back period? The length of the ...

High Level Accuracy Method With Little To NO Draw-down

FXCyborg: I would like to kindly ask that everyone concentrates on the body sizes. They need to the same size or very close to it. This sentiment of the body is extremely important! Regards, Blackeagle

High Level Accuracy Method With Little To NO Draw-down

Quoting hibra68 Im not sure but i think you need accumulaion/structure/ranging action just before the candle pattern. So cyborg correct me if im wrong. You need some sort of build up before pattern. @hibra68 FXCyborg: Hi and Thanks for replying to ...

High Level Accuracy Method With Little To NO Draw-down

After spotting regular / hidden divergence on H1, if there is no divergence on M5 to place a trade, do you recommend to take the trade after H1 bar close? Or is it better to wait for EMA cross, confirm bear / bull support and then look for M5 ...

Trading the Cable swings via averages

Price is above H1 EMA26 and EMA printed HH, so long trade is in play after M5 regular bullish divergence. 2764 target is in place. Watch out 2670 and 2680 M5 hurdles. Regards, Blackeagle

Trading the Cable swings via averages

USDJPY, EURCAD, GBPCAD, and CADJPY look good. Waiting for trigger. Regards, Blackeagle

Extreme TMA System

I saw that but the problem is how that RSI divergence indicates top. At the moment you could draw that divergence between RSIs, the price was 2631. You said "You could have very easily hedged the trade at the top because it was a regular div on the ...

Trading the Cable swings via averages

I understand that, I read all posts. Would you please show me RSI 5 / RSI 14 divergence indicating top in place? During that top, there was neither RSI divergence, nor price / RSI 14 divergence nor any divergence. At least not on my M5 chart. ...

Trading the Cable swings via averages

With all due respect, there was no divergence whatsoever on M5. Whatever price did on M5, both RSIs did the same. Maybe broker difference. Attaching my chart. Regards, Blackeagle

Trading the Cable swings via averages