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- caveman replied May 2, 2010
How to identify a reversal — Just thought I would share a little knowledge here on how to identify a trend reversal. It is not a secret and not rocket science either. This is the way price reverses on a chart. Happens all the time. I will use ...
- caveman replied Oct 27, 2009
I am still waiting for confirmation for resuming uptrend. PA might head down for the TL before returning to the uptrend. The retracement may not be finished as yet. Expecting PA to trade between range of 4829 and 4762 for the rest of the day until ...
- caveman replied Oct 23, 2009
Hi Stratman, I couldn't agree more. As a matter of fact, no trading system can do without S/R and trend lines. Just a small suggestion here to improve your S/R. Draw only the obvious ones. You seem to have quite a number of S/R lines on your M15 ...
- caveman replied Oct 21, 2009
Not happening. Nice PB instead ....
- caveman replied Oct 20, 2009
Is Asian session setting the stage for E/U to fall back to the daily TL before forging ahead with the up trend ? It is breaking the inner TL now ... was in that trade down but exited near 1.4900 and inner TL ... it is fun looking at technicals in ...
- caveman replied Sep 10, 2009
Hi Jeff, Please download this version here. The older version had some inaccuracies that were solved in this latest version. I completely revamp all my higher TF charts with this new indicator. Before this, I hardly draw warning lines to this extend ...
- caveman replied Sep 10, 2009
Andrew's Median Line MT4 Indicator — Hi all, Like to share this indicator with all Andrew's median line practitioners. Scrutch was the one who asked me to code an improvement to MT4 pitchfork tool more than 6 months ago. With his help, it is ...
- caveman replied Aug 19, 2009
Hey bythepound, Yap. Woman tend to see things in simpler terms. Us Man on the other hand tend to make things too complicated for ourselves .... lol .. You got it! Momentum is not an easy concept to understand. Glad you did. What more do you see from ...
- caveman replied Jul 9, 2009
Hi Cencored, A lot went wrong here! 1. If you had drawn the trendline correctly, you will know that PA might bounce off the trendline. 2. You are scalping the 1M, why is your MTF indicators for trix and cloud on M30 and M60? Using the MTF indicators ...
- caveman replied Jun 3, 2009
Thanks Jeff. Now patiently waiting for retest of minor AL lower meridian line and THV setup for EU.
- caveman replied Jun 3, 2009
Hi Personalme, Wow! You should be at BE already. Congrats on the counter trend trade. Brave of you to trade against such strong uptrend. PA just broke major AL. I would have waited for PA at the center meridian line of minor AL and use THV for the ...
- caveman replied May 20, 2009
Hey GoldSurfer, My crystal ball is telling me to take a long break ....... just kidding. Never had a crystal ball. As for the Andrew's Line (AL). They are the same ones still in effect. Now it is just a waiting game. Just got to be cautious with ...
- caveman replied May 19, 2009
Hope we have the same 4H chart. Mine says 4H major trend is up trend. How far back are you reading your 4H charts?
- caveman replied May 18, 2009
Hi Cobra, If I may, your first up sloping AL PO P1 P2 is off. It should be a LHL formation. Yours is a LLH formation. I have attached one I did for H1 chart. Yellow is sliding parallel and orange is warning line. PA seems to be respecting the ...
- caveman replied May 7, 2009
Hi Traderathome, My hypothesis on the H1 chart while at the same time picking off pips on the M5 with THV. I am still hopeful of another bounce off the median line with possible SL on RED and TP on BLUE. But the market always has a mind of its own. ...
- caveman replied May 6, 2009
Right now, looking for possible reversal reaction on the Meridian Line I have drawn on a minor upward sloping pitchfork. Not trading today, just watching only. Liquidity is low now since Japan is on holiday. Edit: Forgot to attach the chart. Seems ...
- caveman replied Apr 17, 2009
Hey Forexample, Has been a while since I last posted here. Like to add my 2 cents worth here. Looking at trend on a chart is something very visual and easy. Don't blindly believe that the trend is your friend. The key is in analyzing where Price ...
- caveman replied Mar 24, 2009
Hi bizard, I don't normally post a lot here but am concern about your trades. Not too sure if you are doing extremely dangerous scalping or some other strategy that I am not aware of. The trend is UP and your channel is in concurrence with all MTF ...
- caveman replied Mar 4, 2009
Here's another. Blue lines are levels I marked. Still in. Add: Oh yah, the 3 gray lines are 34EMA (close, low and high). Helpful for me to visualize and sometimes I do trade bounces off them.
- caveman replied Mar 4, 2009
Sure. Trade I am in now U/J. Targeting for 99.4x resistance. Let's see how it pans out. Dotted yellow is my point of entry. Today's morning feels a little funny. Market jittery. Add: Hitting 99.42 and hesitating now. Expecting it to break. Add: ...