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Lol do a top down analysis before entering buys on the GBP and gold pairsYeah... GBPAUD still in a downtrend ...![]()
you can share indicators .I let my swing trades run on my bigger account. These trades were taken on my smaller account today, GBPAUD all sell.
View attachment 117207
you can share indicators .
THX
Could you share a print screen about using Elliot Wave?I'm in buy for both of those pairs...based on Elliott Wave Theory.
Cheers
Guz
nice trade. which broker it is?
please stop discussing your methods of elliot wave or any other , you can open another thread and guide ppl over there, do not ruin this thread, this is for likeminded ppl who believe in this system and if u have anything with respect to this system, then discuss it... do not confuse ppl with ur analysis!
if you want to help ur free to open ur own thread, rather then mixing up things with your analysis etc! its not required here pls!
please stop discussing your methods of elliot wave or any other , you can open another thread and guide ppl over there, do not ruin this thread, this is for likeminded ppl who believe in this system and if u have anything with respect to this system, then discuss it... do not confuse ppl with ur analysis!
if you want to help ur free to open ur own thread, rather then mixing up things with your analysis etc! its not required here pls!
Agreed. But in the first post you will see the author post, who looking for a filtering system to his mastermind strategy. Not mixing, try to find the best way. You are absoutely correct.Let those interested with another strategy open their thread. We should stop mixing issues/strategies here which eventually will make people confused.
Secondly, what I have come to know that makes people fail to be profitable in FX is because of jumping from one strategy to the other.
#1 priority that will make u money is MM;
#2 priority is Strategy, master your strategy if it is profitable.
#3 priority is psychology, your mental stability to stick to your rules no matter what. So for those who are in DD with GA you need to focus here..
thanks for ur input,but we will stick to original rules.maybe ur findings in that pairs is lucky for that day only but not all the time,i will choose original method since its proven and also not all know how to spot weak support or resistance.,i suggest stick to original.,Here's my comments, broader than the current system/EA under discussion here. I like the system, but in the absence of actually knowing how to trade some may still experience some difficulty. And if I may, here's why. Generally I never enter a trade without knowing what's happening in the bigger time-frame. If the daily trend is up, I want to trade in the direction of the daily only i.e. with the momentum. Let me use an example, a professional trader knows that previous resistance can become support and visa versa. Since this system is based on the m15 and h1 time-frames, we are trading minor trends within a bigger trend, hope that makes sense.
Today the system had CADJPY and AUDJPY along with other pairs confirmed for SELL in both time-frames.However, I bought both CADJPY and AUDJPY based on the Elliott Wave principle. I just closed AUDJPY buy for 42 pips, and CADJPY for 30 pips. The current resistance level on both those pairs in my opinion are weak, and weak resistance will be broken. Similarly, weak support will be broken.
I previously stated, wait for confirmation of a breakout, do not just enter a trade. The above is my explanation for why.
All the best everyone.
Guz
I think its better we wait for Ridzuan to post the filter which he is working on , that should be enough and just stick to the rules he told us, it would work fine i believe.thanks for ur input,but we will stick to original rules.maybe ur findings in that pairs is lucky for that day only but not all the time,i will choose original method since its proven and also not all know how to spot weak support or resistance.,i suggest stick to original.,
i'm talking about this system , but on manual trade it's
i'm talking only about this indicator , in manual trade gbp is weak