I don´t worry about what the trigger would be. Yellen, Geopolitical crisis, earthquake, whatever. The story is contained in the chart. That rising weekly wedge is very important as well as the TSI divergence. Also, the Green Weekly TMA is way above ...

Davit's BB Wave System

Hello Dave. There is a great chance of a turn around at the top side of the weekly rising wedge around 107 to 107.30. Notice also the major divergences showing in the TSI at bottom. After that, if wedge is broken on downside, target is around 88, ...

Davit's BB Wave System

UCad Inverted Head and Shoulders Daily/Weekly neckline in danger of breaking today. Target 1.1300

Davit's BB Wave System

Watch out with AU longs. Head and Shoulders Daily neckline has been broken. Target .8900

Davit's BB Wave System

Yes. Either way, pips distance or percentage of price away from centerline would work and indeed, it would be a great aid for scalping... I am no coder, but this sounds like a pretty simple project.

Davit's BB Wave System

Thanks Davit. As you can see from my picture, RSI 14 (Pink) and RSI 8 (Blue) produce practically identical results. I´ve been using 14 all my life. See no reason to change...

Davit's BB Wave System

Davit, after testing and trading your system for a few days, I have thought of an indi that would be very helpful with exits. I have noticed that if price jumps a certain distance from the 34 EMA center line, it would be a solid place for an exit ...

Davit's BB Wave System

Hi Dave. I´ve been in and out, long only, UC for months now. Last bought at 1.0650 and sold at 1.0900. I´m looking to go long again somewhere between 1.0700 and 1.0750. How do you see it? I like your system. Good work !!!

Davit's BB Wave System

Hello Dragos. For several months while ranging, UsdJpy H4 TMA always turned before reaching the D1 TMA outer bands. During this time I have traded it successfully several times. In this particular case, I entered at A as H4 TMA began the turn. Slope ...

The similarity system

Thanks kprsa. I will keep your post nearby in the next few days. So you feel that once a problem bar has exceeded its H value without a test, the probability of it being taken out is very low? I have seen EURUSDD give great credence to problem bars ...

The similarity system

Hello guys. I am heavily short UJ. Could you please confirm a problem on the Daily at 101.50/70? I know you are focusing on EurUsd, but I would appreciate confirmation of this UJ problem. My H value is 10. Thanks a million.

The similarity system

Well, since you are looking at M5, how about a problem at 1.3291?

The similarity system

Thanks for your pointers. I noticed you use an H value of 3, I assume you do not scalp on M1 charts. What do you normally use? M15 or higher? What do you use for your TP? I am looking to use transient zones to complement my Extreme TMA system, which ...

The similarity system

[quote=hepsibah;7692363] Hi. Can you kindly please explain what you mean by: "... there is a longer term problem lurking at 1.32488." I´ve been reading extensively everything posted about transient zones and would appreciate your input. Thanks.

The similarity system

I agree with you. My target is 1.17 which may be reached around Christmas/New Year. Ultimately, we may go much higher than that longer term.

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