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GBPUSD, DAILY (with Hotspot & Length of Bearish)MAY 27.2015. Although it's bearish, but wait until 10 bars to see the 1st trend. Length of Bearish = 20 bars (approximate). Unless we want to take the risk. From 1 to 20 bars in details: 1st -> 10th bars = 1st trend 11th -> 12th bars = Open Position following 1st trend (cut loss/ hit stop loss) 12th -> 13th bars = 2nd trend 14h -> 20th bars = Open Position following 2nd trend 20th > more = might be following 2nd trend, reverse or sideways.
Short
by SeremoniaFx
5
EURUSD , DAILY (with Length of Bullish/Bearish)EURUSD MAY 21.2015 is going up with length of bullish about 10-15 bars. Suppose EU is going down then it will go down until approximate 10-15 bars. After that, it might be reverse or sideways. 10-15 bars must be counted from the first time the trend shown up. Wait for about 5-6 bars, 50% of all bars (10-15 bars) to see the real trend then pick the rest bars with Open position. RESULT: EU MAY 21.2015/15:00(MT4)/12:00(TradingView) UP 15 bars accomplished. Finished. twitter.com
Long
by SeremoniaFx
4
EURUSD, DAILY (with length of bearish/bullish)MAY 20.2014. EURUSD is down. Length of bearish is 11 bars (11 hours). Whether up or down it will go approximately until 11 bars. Although it was analyzed as it will go down, but prefer to set an order after half of 11 bars (5-6 bars) from the first time the trend shown up. After 11 bars it will reverse or sideways. EDIT: Although this graph is 4hours, but 11 bars must be applied to 1 hour timeframe. Prefer change it first to 1hour timeframe, then apply 11 bars to it. 11 bars of 1 hour timeframe (not 4hours).
Short
by SeremoniaFx
1
EURUSD, DAILY (with hierarchy & length of bearish)MAY 15.2015. GU down, EU down, EJ down, UJ up. Approximate length of bearish is 10 bars (10 hours). From the first trend shown up, there will be bearish fluctuation until approximately 10 bars. After that it could go short again or up. EDIT : 4:30 Server Time (Metatrader) / 1:30 (TradingView): From the first time trend shown up, there will be bearish fluctuation until approximately 5-7 bars (5-7 hours) , after that it could go short again or up. Latest chart for EURUSD MAY 15.2015/16:30 (Metatrader)/13:30 (TradingView). As previously analysed, approximately bearish until 5-7 bars. twitter.com twitter.com
Short
by SeremoniaFx
2