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rekon67 replied Mar 21, 2014See these instruments are turning into buy, however volatility is missing or it is coming which might help buyers. But I am only looking at price levels to place pending orders. image
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 21, 2014It should be an easy buy, price is at support 3, however watch out for volatility - it is low which indicates a range bound, but with some volume injection it is all set to go up, best odd is buy. you need to figure out how much risk you can take by ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 21, 2014Ya it is a problem so it is actually scanning 8 * 7 = 56 results so you need to place the instrument in different baskets and try with only 3 instruments at a time. Also After the first scan you can exclude the daily and monthly from scanning only ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 21, 2014I am adding 2 more instruments in my watch list. Market is a poor and low performing market so we will not be doing instant orders rather we just figure out if we can play pending orders with A/U or G/U. image
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 21, 2014For Buy With Trend: A. Decider Group: Majority is Green B. Trend: All Green C. Volatility: High Price is at S3, S2, S1, Pivot, R1 level For Counter: A. Trend will start getting Sell signals. B. More Overbought signals will be appearing at decider ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 20, 2014
I find it is unnecessary to clutter my thread with lots of different screenshots so objective is to have it "Object-Oriented" also let the others come in and make use of this place. I will be covering spot and BO both but want to mature ...Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 20, 2014Skype Group: I am forming a skype group exclusively for MTFA users. In case you are interested then please PM me. Pros: 1. You will be able to find other interested traders who are using MTFA or trying MTFA. 2. You can lead a discussion or be a part ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 20, 2014Now as per the price pyramid system, we will secure some profit by adjusting stops of the opened positions as well as we will re-initiate new positions at R3 levels. image
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 20, 2014We need to consider these factors for taking further decisions on the opened positions: 1. Lower Time frame indicates "Short Term Trend Reversal", It is now a selling Market but if reversal happens then it will again turn to buying market. 2. High ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 20, 2014So E/U is now down more than 140 pips from the Opened positions. Mind you I do not use any Mt4 terminal for executing the trades, it is based on "Multi-time frame Analysis" Instrument weakness and trend reversal. Next step is to put a cap on the ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 19, 2014This is also a known pattern in spot forex trading where we build positions following extreme levels of support and resistances. In Multi time frame analysis it is easy to see all the S/R levels formed in different Time frames and we can plan our ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 19, 2014This is the second half of the Month. Instead of a bullish Daily and Monthly price is capped under pivot level and testing supports. US session is so far this week on buying E/U. But as I am doing a longer term analysis of catching "Trend Reversal" ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 18, 2014Price is weak , however price is on Support level 2, Daily and Monthly is still up but technicals are on sell so my bet is weakness of price will slowly touch the higher timeframes like H5 and above and market will turn bearish. Having said that, ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 18, 2014Market Scanner has no connection with MT4, it collects data on its own.
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 17, 2014Sign of weakness. A. Instrument lost its volatility. B. MA series mixed with sell signals. C. Decider group is mixed with Sell signals. image
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 17, 2014So, in this season I will be trying different trading options provided by the brokers around us. As we all know doing all at a time is not possible so I will be picking up one by one at the same time I expect that you will pick up your favourite ...
Multi Time Frame Analysis for Spot and Binary Options
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rekon67 replied Mar 17, 2014Price got support in S3 level and going Daily and Monthly Direction, Higher price around R2-R3 level will attract more sellers. In price pyramid system if price reach the R3 level I will initiate my next batch of sales. image
Multi Time Frame Analysis for Spot and Binary Options