[quote=josi post_id=1295406710 time=1585201743 user_id=4937914] First sentence: but you could have traded that move successfully - and price may continue to fall, isn't that so? Ref 1+2: I think you are perfectly correct BUT doesn't the weak correctional move imply that sellers were controlling the ...

josi wrote: Thu Mar 26, 2020 4:49 pm
P.S.: to "replay" your scenarios and understand your somewhat adjusted setup fully (i. e. over weekends) it might be helpful to have your complete setup. Would you at all mind sharing it?

It's here.....

Consider the current situation. So... The current numbering of points on the M5 timeframe is shown in the image below. Screenshot_3.png The downtrend on this timeframe is completed. It consisted of 5 waves. The vertices of the waves are marked with numbers 0-5, respectively. As expected, the sluggis...

I don’t quite understand exactly what moment you are talking about ... Today I didn't open any positions on the DJI. There are no suitable conditions for opening. I will definitely inform there when I open a position. OK, I see. I was just asking because with Xard's new setup it looked like a perfe...

Let's switch the chart to the M15 timeframe. Below is the numbering of the waves on this timeframe. Screenshot_4.png The picture shows that the 5th wave of the upward movement is now developing. It is developing very sharply and I think that it also will not go far. I expect a soon price reversal do...

josi wrote: Fri Mar 27, 2020 1:28 am
OK, I see.
I was just asking because with Xard's new setup it looked like a perfect buy trade (no problems anywhere - not at all like two days ago):

According to the rules of the last setup, you would have a false entrance in the place indicated by the arrow

So - now you have a double Top - if this is already the end of your 5th wave (which Murrey Math would imply) - and when price moves down you will wait till after the first pullback (because you only enter on the 2nd dot)? If my forecast is correct, and soon a downward reversal will occur, then natu...

If my forecast is correct, and soon a downward reversal will occur, then naturally I will wait for the second point on the lower (M5) timeframe. This is the main rule and it is invariable !! I trade only from the second point. And by the way, the double top has not yet been confirmed and the price ...

The file !! _ Functions.ex4 in the original Christmas version from Xard is necessary for the functioning of the ADX & SAR indicator, located in the bottom window. In my setup this indicator does not exist, and accordingly this file is not needed. The "heaviest" indicator, significantly...

Today, my attention was drawn to the Nikkei 225 index (NKD at my broker). Not waiting for signals from other instruments, I think about the possibility of selling it. Working time frame M15. Peaks on the M5 TF are indicated in white, peaks on the M15 TF are blue. We are waiting for entry into sales ...