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Re: MACD&RSI

by: macd & rsi
GBPUSD : At H1 tf ,, price shows an upward movement , , blue movings and bbsqueeze , RSI above 50CL ,, at H4 tf ,, it seems a retrace , goes to 1.2960-1.30 which is resistence area ( two fibo and daily trend line , daily and weekly bearish 21 EMA ) , a clear divergence ,, at daily tf ,, daily impor...

Re: MACD&RSI

by: macd & rsi
Hello guys , Market has opened with a very noticeable gap , I think , based on technical analyses's rules , it would be better wait , until price fill the gap , then trader can decide well , sell or buy . USD/JPY and USD/CHF ,, are not at clear level , at least my system does not show that . USD/JPY...

Re: MACD&RSI

by: macd & rsi
USD/CAD:: It seems , this week is a good and predictable week for CAD ( I HOPE ! ) , the others get mad !!!!! ======================= I edited my post ,, because I think it would be better we move target of buy to 61.8% fibo , 1.3285,, If you are not risky trader ,,so delete the sell limit position .

Re: MACD&RSI

by: macd & rsi
wow it seems that you have a great forex trading system! i've read most of the posts here in the MACD&RSI thread, just great! does your system work in D1 and W1? is the system multi-symbol? do you have settings/templates for D1 and W1? pls. share, thank you very much :) Dear Jasonx , thank you ...

Re: MACD&RSI

by: macd & rsi
USD/CHF : let's have a look at the chart . H4 TF , we have a compacted area also the same shape for RSI . If market wants to obey the technical law ,, it should act like pink rectangle ,, and reach the daily trend line and 76.8% fibo level . May be it would be hard , because price has two important ...

Re: MACD&RSI

by: macd & rsi
USD/CHF : let's have a look at the chart . H4 TF , we have a compacted area also the same shape for RSI . If market wants to obey the technical law ,, it should act like pink rectangle ,, and reach the daily trend line and 76.8% fibo level . May be it would be hard , because price has two important...

Re: MACD&RSI

by: macd & rsi
GOLD : A divergence at H4 ,, two trend line ,, 61.8% fibo level ,, RSI CL 50 ,, moving averages and bollinger band of RSI ,, red ttm ,, If system issue sell signal ,, stop @1255 ,, and target @ 1215 Market is at the panic month , December , may be most of the positions hit the stop , so , follow the...