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Forex Trading 2018- TA/FA- Setups and discussion, page-3895

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specgoldbug

12,874 Posts.

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26/07/18

22:13

Post #: 34584396
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Originally posted by RickM ↑

Hi Spec -

Here's my chart I was using when I first became profitable around 8 years ago. It still works today.

On USDJPY, we should being Selling from last Friday till we see a change in Colour to Blue. We are really waiting for a bullish blue Average price bar to close above the low of the last bearish candle ( turns blue ).
Then I will start to build a basket of Buys trades because -

Monthly is Bullish +
Weekly is Bullish +
I need Daily to become Bullish +
H4 Break to the upside A

So thats A+++

View attachment 1212044

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Heikin ashi lags too much its a timing dillema....still see potential for one raid downside even though may march up now....pending order proposition imho
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