Where all “Rivers” wants to go…

Center rectangle is the dominant “channel”, and not necessarily in the geometric center.

Each “channel” is importat, as water must flow through each one when converging.

The further the water flow from the dominant channel – the stronger the flow and turbulance will be toward the center channel.

Just watch…[Read more]

Where all “Rivers” wants to go…

G.

As you can see from the attached, even a relatively small NEWS movement (USD @15:30, few minutes ago) retrace to the 60% “LAW”…

It’s on EURUSD + EURJPY (correlated)  and the USDJPY (opposite).

G.

As you can see from the attached, even a relatively small NEWS movement retrace to the 60% “LAW”…

It’s on EURUSD + EURJPY (correlated)  and the USDJPY (opposite).

G.

I have coded an indicator for those who would like to experiment with this method further.

Why watch and not trade ?!?!   ;-}

G.

Yeah… Now you know why I call it the “LAW” of big moves….

G.

Gadi_Currencies support only the 8 major currencies, i.e. USD, GBP, JPY, AUD, NZD, CHF, CAD, EUR.

That was the max buffers limitation of the previous MT4 versions at that time.

G.

Hi Brother, since I use M15 – H1 – H4 as my entry setup and D1 or W1 only for long term direction view (but the most important). I set all ohlc time frame setting to 1 hour , with 960 bars. So, I could see ‘smiley’ lines almost same in every TF.

By remembering the long term bias, I could ‘weighing’ my entries between long and short, and also…[Read more]

Yes Brother,  Ants, could bring anything to their anthill but always one small piece at a time, but with thousands of them back and forth very quickly, simply they give us example on how to do ‘high frequency trading’ .. lol.

hope it help and best regards.

MTH

Hi Brother,  which higher high ? since higher or lower is very relative to point of view.. , it depend on the scope of your analysis right..

From my side,  there’s no higher high in EU daily chart level.. so for me I don’t change my bias until the end of the day.. , and if the signal is wrong, then I will re-evaluate my current p…[Read more]

GBPUSD reached the 60% of the total move.

G.

GBPUSD reached the 60% of the total move.

G.

Hi Brother, sorry for late reply,

No, I don’t use hard SL because in my personal opinion hard SL is the one way to make your account burned.. lol. Mostly I use mental SL by looking to my floating minus percentage compare to my current equity, and of course from the beginning I prepare my trade account with enough capital to protect at least…[Read more]

Good Morning (or approx GMT 0  first hour right now..lol).  All…… !!

This Thursday 2015 Nov 12  00:26 GMT,  on daily chart AUDUSD, NZDUSD, GBPUSD, and EURUSD give us down signal(star and skull) , well let ‘see’ what will happen today..

Happy Trading and best regards

MTH

Hi Brother, I use default MT4 Fibonacci Arch Tool.. for that half ellipse ..

MTH