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I MADE A VERY DECENT PROFIT. the goal is for you to be patient and study the setups well. wait until it reaches the extreme, there would be little losses and maximum gains.
Hi Narutopips,There were lots of trades today that were triggered by the software. BUY EURAUD, EURCHF, EURNZD, EURGBP and SELL GBPUSD
Hi Narutopips,I MADE A VERY DECENT PROFIT. the goal is for you to be patient and study the setups well. wait until it reaches the extreme, there would be little losses and maximum gains.
View attachment 161886 ok, I understood that if "EURUSD" which is in the 3° quadrant, does not move, or just little bit, we have to focus on the second quadrant wich crosses. If the currencies which stay at the Extrem of the 2° quadrant goes over/under the 0.33% then can enter that trade.
If the EURUSD in the 3° Quadrant moves Up/Down and goes over the 0.33 then we will trade only th 1° quadrant with currencies based on the EURO (eurusd, eurcad, etc) So, Euro/usd in the 3° quadrant goes lover than 0.33, then we check 1° quadrant and sell all euro based currencies wich stay on the extremes of the 1° quadrant ( the 2 on the left extreme and the 2 of the right extreme of the 1° quadrant)
this is what I understood from the author.
Question: Do you refer to the "Blue" line do determinate the 0.33% ?
at this time, (london opened about 1.1/2 hours ago, what would you do right now in the pict attached. Fro me ther is not trade rigth now.
Can you Elaborate please?Use it for bbma reentry
So, today 01/02/24 at 11.14AM the situation looks as following:
Right now, i would not enter any trade. The EURUSD doesn't go anywhere so fare.
So we should focus on the second quadrant.
However, the currencies at the extreme of the 2° quadrant where under 0.33 from yesterday afthernoon (afther NY oepning which I missed)
and i dont think its good way to enter/sell because they pushed already a lot.
What you think?View attachment 161893
You are wrong. If u look at the blue line at your EURUSD u will notice that it's still in the sell zone, so there is no need to look at the second quadrant, because eur pairs are selling but not with high volume. So u don't look at the second quadrant. You do need to hv ur technical analysis to be able to know when to enter early, if not u do be left with scraps
When see blue line retracing take reentry when price retraces to ma50 or middle bb and ma5 and ma10....if ur not familiar with bbma strategy just search the threads there are pdf about it....Can you Elaborate please?
Thanks