If you can share your experiences I would be grateful. I don't believe in that indicator. Don't be lazy and draw your lines! If you want to be lazy dont go binary options please. If you go to your chart, and actually start drawing the lines according to the pdf you will see the potential in this. I tested myself and found it very accurate.
Just wanted to share. Stop believing in indicators. Indicators are there to give signals not predict the future. If you have enough screen time and effort you will be able to predict in a profitable way. Yes i wasnt saying use an indi for it i said someone tried to create one, i also said it looks good.
Look forward to you showing some real results then , i will keep my eye on the thread. Don't get me wrong, I didn't said you were lazy btw, I said to every person that thinks that using an indi will give them profit like they dream.
Hope you get great results and post the here, so we can help other pople that are struggling with other strategies. At the end of the day we are all in the same boat, so if we help each other, we wil create a comunity of great people.
I am here to share my discovery, and also to get knowledge from more experienced traders than me! The red arrows indicate the candle where I took the trade. You applied both completely wrong sir. I am sorry I will try to explain the best I can but you should also read the pdf more carefully:.
For the first chart the top red mark should be in the wick of the little green candle and on the top the following red candle, and it should be 10 candles long. That will indicate you a PUT decision and you will have it on the money,. For the second chart I don't know why did you do that, but the top red mark should be in the reversal and in the following engulfing red candle being 10 candles long. This will indicate you again a put decidion and you would have had a 2 ITM trades.
I have been trading this or 2 weeks, and it has been vey profitable, I am just sharing to see your results and will keep posting mine also. The strategy is based in the price action for overbought and oversold currencies. The decision is based on analysing 1 hour maximum of price action, that is why the red marks have 10 candles long for the top one, and the one across the candles have a maximum of 14 candles, 1 hour. Forgive me if I have misunderstood. I vaguely remember that there was some there where some people also came up with a arrow indi based on this strat.
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If you are back again, please click the I'm Back button below. I have been using it for quite long, and it is extremely helpful and profitable.
Kei78 and yassou like this. MasterBlaster, ruhul and Trader2. Now, returning to the business side, could you please open our eyes showing us some screenshots. How did you managed to avoid fake signals? I'm interested to know your consistency over the time you are enjoying this strategy.
Japanese candlestick pattern call this a Tweezer, this a situation where by the candlestick top or bottom are equal at reversal. An engulfing is referred to as when the new candlestick covers the previous. Delight, teodomiro, JonJon and 2 others like this.
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