Page 8 of 45
Is EU setting up H1/M5 Trade?
Posted: 24 May 2022, 09:06
by immy
Nope. The move has already happened. The H1 candle is climactic now. Far from the moving averages.
When we drop to m5, we see a breakout and then a channel. well climactic not a banana setup.
USDCHF Quick Elliot Wave Analysis on H1
Posted: 24 May 2022, 09:26
by immy
https://www.tradingview.com/chart/USDCH ... ing-Chaos/
Let's do Quick 10 seconds Elliott wave using Bill Williams Technique.
Wave 1: That's when it first dashed down off the top of a Strong
Bullish trend on the D1 chart. It appeared as Wave 3 on the H1 chart at the time.
Wave 2: At the time it appeared as wave 4 up. But when it went more than 50% up, it was an indication that this could be a Wave 2 up within a larger sequence. And so the Wave 3 became wave 1 and wave 4 became wave 1 when the next wave created a TALLER peak on the histogram.
Wave 3: The tallest peak (inverse for Bears) on the AIMS Wave oscillator, is Wave 3.
Wave 4? The cross above the Zero line confirms wave 4 up.
Wave 5: The divergence after crossing back below the zero line is the first sign of Wave 5.
This entire sequence could be a 2 down on the weekly chart. or it could be a New Wave 1 down on the
daily chart .
The wave 5 could soon be completed.
Re: GU H1/M5 Setting up
Posted: 24 May 2022, 09:31
by immy
immy wrote: ↑24 May 2022, 09:04Breakout on GJ
It happened but only after catching one rent unless you had a wider stop loss.
https://www.screencast.com/t/WppL9ZbE
GBP/USD Wave 5 completion IDEA 2
Posted: 24 May 2022, 09:33
by immy
POST News Trade Setup on GU M1
Posted: 24 May 2022, 09:38
by immy
GJ M1 Post News Trade
Posted: 24 May 2022, 09:41
by immy
Oh well...
Re: POST News Trade Setup on GU M1
Posted: 24 May 2022, 09:45
by Minsk
Nice signals! And nice R's!
Re: H1: Trades, Ideas, Chat
Posted: 24 May 2022, 10:02
by Minsk
@Imi, you say this:
My Trade Plan is as you all know. The Banana Method
The time frame is H1.
So if I have read this correct those trades are DS0?
Re: H1: Trades, Ideas, Chat
Posted: 24 May 2022, 11:18
by Minsk
Filtered the seed signal on GBP-USD, as the impulse was one huge candle, very climactic.
Re: H1: Trades, Ideas, Chat
Posted: 24 May 2022, 12:39
by immy
kvr1966 wrote: ↑24 May 2022, 10:02
@Imi, you say this:
My Trade Plan is as you all know. The Banana Method
The time frame is H1.
So if I have read this correct those trades are DS0?
The trades I took on m1 and m5 were taken on the small account. They won't be counted. They don't really do any great plus or negative to my account. I just wanted to trade them. I have always traded h1/m5 but that's not my main strategy. if that makes sense.
