Created a brilliant MTF Heiken Ashi Indicator 4H and I think this work GREAT probably the best indicator on trading view. Go long when FIRST bright green appears and short for bright red, don't trade orange. Once colour is confirmed I use 1 hour chart for entry. If you would like this indicator please follow me. Also Send me a message asking for this indicator. ...
Triple hit on trend line, RSI over brought and diversion. Also lines up perfectly with fib at 0.786 level. Great opportunity I would even eat my own shit if this goes long. Don't miss out!
Please comment and let me know your views.
In the screencast I show how I assess the probability and enter short.
As usual, this is not a prediction - as I don't do predictions, targets, signals, or confirmations.
I expect price to take me out at my stop-loss and I shall sleep very well tonight! :)) But if price moves in my favoured direction, I shall follow on a more suitable trend time frame to ...
Last post: May 17th. See chart.
Review: Price was trying to make new all-time highs.
Update: The market has reversed since then and has now broken below a major support area.
Conclusion: We need to see if price will remain below the support area then we can look for shorting opportunities.
Any comments or questions, do not hesitate to leave them below. ...
Goldman Sachs has stumbled and now there is much debate out there about what next to do. As usual some are shouting "enter long now", whilst others are saying "stay out" etc.
For me, it's very simple i.e. I just need to wait on a favourable time frame, somewhere between 2 - 6 hourly if I'm to go north. It's difficult to go short as there could be a rebellion of ...
In this market, I have seen the market do into this downward channel and with that came lower lows and lower highs. I've added the entry point, stop loss and take profit.
The lower lows and lower highs can be seen more clear in the 1hr timeframe and smaller.
This is really like a David and Goliath story. Amazon is the big Giant and many traders with smaller accounts may not be able to take it on.
In the screencast I show why I estimate cautiously a key position with probability for the south. Note carefully that every probability estimate in one direction leaves a probability for the other direction.
I'd like to ...