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longshot_nl replied Sep 19, 2018could be missed by less then a pip. i am bearish for the rest of the day. image
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longshot_nl replied Sep 19, 2018usdcad where little wave 1 = 5 channel test image
Backing Trades Thru Charts
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longshot_nl replied Sep 18, 2018i marked the times that it worked green the red ones did not. 10 x ok, 4 x not ok. tomorrow i i short if price is up in the window. edit: if after 12:00 your stop is 30 pips below or above the high/low you never got stopped out and always have a ...
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longshot_nl replied Sep 18, 2018got stopped out -5 pips. but saw spike at 9:00 and jumped back in sl at be now. was more profitable. my hypothesis is that if high holds till 12:00 which it probably will then rest of the day is down. if so i might only trade between 9:00 and 12:00 ...
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longshot_nl replied Sep 17, 2018yes so the first 3 hours of the london open determine the rest of the day most of the time. in my case if 1.17 get hit between 9:00 and 12:00 i can safely keep short for the rest of the day. unfortunately. my short already got triggered. about 12 to ...
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longshot_nl replied Sep 17, 2018no its not correct. if its a bat the last point should be 88.6 fib which is a lot higher..
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longshot_nl replied Sep 17, 2018if between 9:00 and 12:00 a high is made, its bearish and the opposite. 3 hour window. from the past 12 days it happened 10 times. i did not go back any further.
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longshot_nl replied Sep 17, 2018every day it seems to poke in the opposite direction it goes later ny session i think. so i keep my short order there. image
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longshot_nl replied Sep 16, 2018Looking back into TLC's history. Butterfly should have 78.6 as point B. I think TLC called this a butterfly because of an abcd pattern. but it worked. url for this bat he picked some point inside a wave for X. url So i don't know all there is to ...
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longshot_nl replied Sep 15, 2018this is my trading plan on the daily, price could well go to wave 2.. 61.8 got confluence with previous high. but that is too long term for me. image
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longshot_nl replied Sep 15, 2018i am going to teach you. You draw a fib over XA. X and A should be a a signifficant high and low. so not some point inside a wave Same for B and C. it should be highs and lows, dont cheat. In this case it got rejected by 61.8 fib at point B. then ...
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