rashidin5178
Sergeant
- Messages
- 244
Rashidin, what's the book title?
Money management strategies produced by john wiley. I don't know the author.
Thanks and Best Regards
Rashidin, what's the book title?
14.45 GMT I see a DRPO on 15 min eur/usd
thanks damian. i see what you mean now.
Thanks Damian!
Again something very useful.
Very nice.
Thanks Damian,
BackSpace
Well-did`t work! But 1hour RRT on the horizon maybe!
14.45 GMT I see a DRPO on 15 min eur/usd
BTW Venelin, probably DRPO didn't worked because the first penetration of the 3x3 was too deep. it wnet up to .382 retracement of last swing up. That's not good for DRPO. And the second thing that is not good for DRPO is that when price came back below 3x3 it didn't take previous lows. It doesn't mean it will never occur a DRPO like that, but it's just about probabilities.
sive
i am confused. i took a look at your H4 and my H4. on both i see no bullish signs.
1- as a matter of fact, the price is still walking the band, that is, inside BB2 and BB1, hardly a bullish sign (now 6.43 GMT). usually price has to cross the mid-BB, penetrate upper BB1 and find support at said BB1. but that has not happened yet.
2- also MACD is on the verge of crossing the signal line but not quite yet.
3- and williams %R is still stuck in oversold with no cross to the upside.
4- 3x3 < 7x5 < 25x5
5- price hovering at daily pivot with no crossover yet.
i don't understand how is this bullish.
so what makes you say that the trend has turned bullish on H4?
cheers.