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Tell us how you really feel Pennies lol
I think Nadex is a little better these days. I have a small account and when you're right it's really nice but when you're wrong it really sucks.
Hey Pennies, I do the same concept when I'm on my Nadex account. It's about the same as Binary Options with all or nothing.
Yeah I still keep the TDI regardless of the method. That's a clear break and retest on both. I would've taken that short as well.
Night Jav
Good deal...
That's a nice one there
Sounds good cause if we all can see them same thing that only helps
Yes indeed. And I agree these patterns set up all the time that's why I've been watching them. I have been measuring and watching targets before taking trades. So far so good though.
Nice example Pennies. As far as stops, if price breaks out to the upside I would set a stop just below the broken line cause if the price retreats back within the box then it's most likely a failure and I'd look for another set up. Thanks for the narrative
Yes Jav the pattern in the smaller white box is fine. You would measure from the upper line to the lower line then project the target price from the upper line upwards and the lower line downwards. As you see when the price broke the line to the upside moving toward the upwards target.
Yes Jav the pattern in the smaller white box is fine. You would measure from the upper line to the lower line then project the target price from the upper line upwards and the lower line downwards. As you see when the price broke the line to the upside moving toward the upwards target.
Swing highs or lows
Exactly. It's basically a breakout strategy or range trading or whatever name it's given for the day.
I'm not in front of the computer right now. I just got to work but I look for at least two points for the ceiling and two for the floor. I measure the distance between the two and project the TP target from the top and bottom. I only use the candle bodies and preferably higher time frames cause lower time frames look like breakouts but there are just wicks on higher ones. That's the price action thing that Pennies had been preaching for a while now. The indicators just follow along.
Believe it or not Jav it jus works plain and simple. It tells u how far its gonna go
Hey estimator. I just added that one a couple days and so far so good. It's called the FFX Envelopes. See if this link works for you but it's on the MQL5 website.
https://www.mql5.com/en/market/product/4419
Let me know if it works...
Hey Jav, Looks like NU came within 21 pips of the target. I still think it will make it but I probably would've taken the profit.
Nice...Ok enjoy.
Haha. Jav that looks like more than double. Lol. That is interesting though. I would think 4 and 5 deviations would be extremely over extended but I'd have to look into that.
Lol..Nice Jav. More rabbits. Good luck with that. I'm calling it a night as well. Have fun.
Haha. It's nice. I'm thinking you can use the standard ones or at the least use moving averages but I haven't even tried it yet. I checked out the settings that you sent and that is interesting.
Oh ok...That explains it Lol
Once you click the "yes I have MT4" then it should go to the "Launch Applicator" ( terminal.exe) then download to the navigator. Maybe just try going to the site without the link I sent. See if that works
It automatically goes into the "Market" section of the navigator once you choose the platform
I believe envelopes are standard with MT4 but you only get either two fast lines or two slow lines so you obviously have to add a second set but the areas won't be shaded. I still experiment from time to time.
Jav, It's called the Envelopes Zones. I got it from the MQL5 website. The blue zones usually indicate that the pair is trending. The pink zones are actually more of an area of interest. It indicates the crossing of the envelopes long or short and kinda gives a heads up of continuation or to enter a position.
https://www.mql5.com/en/market/mt4/indicator/free/page2?count=42
It's coming Jav just hang on.