Re: News Ahead

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EURUSD pair is pretty dead after the Gas Pipeline news bumped it up for a bit yesterday. But it's in a bit of a sorry state right now, I mean, even if it were to go up for a bit there's just no volaility at all (at the moment).

The poor old Hourly chart.... she's just asleep at the wheel 🥱

1 hour
4 hour
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Re: News Ahead

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Jimmy wrote: Thu Jul 21, 2022 12:34 am EURUSD pair is pretty dead after the Gas Pipeline news bumped it up for a bit yesterday. But it's in a bit of a sorry state right now, I mean, even if it were to go up for a bit there's just no volaility at all (at the moment).

The poor old Hourly chart.... she's just asleep at the wheel 🥱
lol no shit

even the divergences on the 1h chart are getting confused........... 🥴💨
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Re: News Ahead

23
Jimmy wrote: Thu Jul 21, 2022 12:34 am EURUSD pair is pretty dead after the Gas Pipeline news bumped it up for a bit yesterday. But it's in a bit of a sorry state right now, I mean, even if it were to go up for a bit there's just no volaility at all (at the moment).

The poor old Hourly chart.... she's just asleep at the wheel 🥱
Yeah, it was so flat and unexciting today in the markets I spent some time on the driving range hitting golf balls further than the average daily range :Rofl:
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Re: News Ahead

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BeatlemaniaSA wrote: Thu Jul 21, 2022 2:23 am hitting golf balls further than the average daily range :Rofl:
Hahahhahahaha 🤣
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Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
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HappyRe: News Ahead

25
BeatlemaniaSA wrote: Thu Jul 21, 2022 2:23 am Yeah, it was so flat and unexciting today in the markets I spent some time on the driving range hitting golf balls further than the average daily range :Rofl:
aahahaha......... imagine if it was GBPJPY's average daily range
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Re: News Ahead

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Ogee wrote: Wed Jul 20, 2022 11:10 pm the whole thing has turned into such a circus it's hard to know if Russia aren't just having a laugh.
Mixed feelings. We are going to a bright future (as always). Only NATO and the European Union sometimes make us smile.

Re: News Ahead

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josi wrote: Wed Jul 20, 2022 11:23 pm As so often, I admire the clarity and simplicity of your chart:
could you give us the inputs and types of your different MAs and channel (and/or the template)?
Yeah, Josi, the good old Moving Averages......... :D
They look good in trending markets, but when it's going sideways......I'm sure you know.
Secondly, they can be very deceiving at times. In history of course everything looks good......The problem is trying to fill in the blank space on the right... :D

Anyway not taking any credit for that....Pls. see here
viewtopic.php?p=1295481405#p1295481405

Well, here is the template
The arrows are from the Keltner channel. No need to show the channels as it is in line with the MA's.

Update:
Try also a setting for the 2 LWMA that might give you better results:
Both MAs Period 14
Black Line no shift
White Line shift 2



Remember, there's nothing that can replace Trendlines! NOTHING!!!!
Thus a much better approach in my eyes is this one:

viewtopic.php?p=1295481274#p1295481274
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