- February 14, 2019
- Posted by: Forex Wiki Team
- Category: Free Forex Indicators
Premis: I'm new right here and I used to be testing this technique that is work for me... I open new Thread for Opinion, Critics, Thought and errors correction
I'm going to elucidate System I'm utilizing for montly, mixed 2 system from the discussion board and collectively offers me very clear Thought what is going on to occur.
I verify chart 3 instances per day 5 min in morning 8:45 CET (15 min earlier than London open) 2:45 PM and 8:45 PM
I verify all of the currencies very fast.
Purple Bars imply major pattern taking place
Inexperienced Bars imply major pattern going up
Tomato Bars imply momentum taking place
Blue Bars imply momentum going up
Then is Orange candle stick for Bear candle
Mild blue Candle stick for Bull Candle
1. Proper up on left nook, offers me an Thought of all timeframes
2. all currencies energy... this tells me what's occurring in all markets and when currencies is just too weak or too robust (this alone does not assist)
3. when this present up, I begin to monitor extra typically so as to shut place or open one other one (not taking motion but)
4. blue or purple arrow after (3.) is generally when i determine to enter (verify how lengthy is the candle) typically is already on half and will pull again, in that case higher to attend (should you do not perceive ask)
5. Foremost pattern change from purple to inexperienced and momentum from purple tomato to blue (second entry or entry level)this affirm the route
6. not everytimes that (3.) present up is a take revenue or entri level in reverse aspect... there may go up extra.... (look level 1 and 7)
7. yellow line exhibits you distinction from when present up (3.) and the place goes.. over 200 pips that you wouldn't absorb revenue or lose should you opened in promote
right here is template and indicator i take advantage of
I'm utilizing new chart, please look submit 141
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