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immy wrote:How to take advantage of Momentum in the market. A Simple technique. DA is the concept behind it.
The Chat Session relevant to above
Similar situation here on GU despite the news... its a good example
And when it does not go your way, this will happen. This is the price we pay to find out. But find out we must...
I got what I wanted out of AU
Update on the Tricky Cable
The end of GU
So effectively in this post I showed the AU h1 chart where the trade was already taken and going nicely while proving the point, another opportunity arrived on GBP/USD and took the picture before the pending order triggered. then the trade started and followed it to the end. Do this on M5/M1, M15/M1, M15/M5, H1/M5 , H1/H4, D1/W1 , whatever combination you like. This is AIMS. Thats it.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
niceeeee!:) cheers for what you're doing for us ^:)^ :-bd
Immy i think you should consider to do a challenge like timothy sykes does and create milionaire from scratch 8-} ops hold on you're creating already not one but many!
Nikita wrote:Immy, you said that Ucad is not suitable for m5.
Can you share with your experience, which pairs are ok for it?
EU, GU, UJ, EJ, AU, NU?
EU GU EJ AU may be swissy too. no for Kiwi. Ucad is ok but only some times, because it does not move that much. Even when the world of forex was high volatility market UCAD used to be slow moving sluggish horse... But good for H1
ps: did you read my above posts? it appears you killed the sequence of my posts but did not comment on it... I can tell you the above is valuable stuff mate
There isn't UJ in your list - is that deliberate?
Last edited by Darren on 25 Jun 2014, 10:45, edited 1 time in total.
Personally, Nikita, I'd be staying away from entries now. Get the wave when it's fresh and young. This wave shows multiple steps down, multiple pullbacks, and a big eWave peak. In my opinion it's time to sit back and, if anything, see if a C wave entry shows itself.
The spots you've marked were definitely nice though!