Hi Dentist, still around, nice work you are doing!
I can agree that the probabilities for the entries are very high and you can use very very short stops! And it is the only technique I know that keeps you out whipsaws, something traders are often complaining about.
Some patterns have very...
EUR/USD left 0.5% x 3 and on the right 1% x 3
At the 0.5% we see a possible triple bottom break, normally a very nice sell pattern but in this case we see a very long reversal to the upside while this pattern was created. What this means is that we can expect a tripple bottom break but there...
In my opinion you can better spend your money on his book, I have seen a couple webinars from Jeremy and he doesn't give any additional information than he points out in his book.
Thanks for your mention of this event!
I joined it, but I can't say Jeremy told something interesting, he confirmed a few things I already suspected but he didn't want to show all he know in my opinion. A pitty in my opinion.
I was the one asking him some questions about volume and the only...
Long time not seen guys but here is a quick update...
As you can see the FTSE 100 has created an other top. If it had enough strength it would have broken the triple tops. Because of the fourth top it means there is weakness so a break wouldn't mean a perfect trade, it can but the chances...
I don't find this the place to take any longterm positions.
You always should look for a pattern that brings you success and trade from that pattern, and at this point you don't see a pattern that is starting to break out. So you need to wait for a new pattern that you see and trade it, not...
6EM1 0.001x3 on a 1min chart
On a short term we are still in a short since the conformation of the triple bottom short on 1.479
In the upcomming days we will see if we will make a short term bottom around the 1.44 but it has all the potential on the short term to go lower.
For the long...
Made its targets and is moving to the 1.50 and higher!
Here is the FTSE 100 with a 0.5%x3 waiting to make a triple top break!
And here is the nikei 225 has made a nice retracement from the big drop but will soon consolidate and move back down again, with this kind of patterns you...
Been a while since I checked this thread, sorry for that :)
But yes, I use P&F charts for daytrading, try to take short moves in all possible futures available in the US. For example the NQ is very easy for daytrading, just look at the triple top breakouts, those are the ones you can trust...
The RSI, the most interesting indicator around and also the indicator that is used in the wrong way by most people!
There are very few around that know how the RSI works! Most people think below 30 is oversold and above 70 is overbought, WRONG!!! You can better buy when it is above 70 and...
I understand, it is very strange that you see so few PnF topics around on the Internet while it is such a usefull strategy. There is no instrument that has clearer signals whether to buy or sell...
I use it for daytrading futures, I rarely make longer term trades, one of the reasons I am...
Dear Dentist, on a little bigger box size you see a clear trend within the EURUSD.
This chart has a box size of 0.5 procent and shows a clear trend up to the 1.4160 after which we will probably see a small pull back after which it will move up (very high probability) to (big guess) 1.45 or...
I was wondering if someone knows a free live audio or video stream that waits for the latest economic numbers to come out and shouts them out so you know immediately what the numbers are and you can make up your opinion if it will go down or up?
It would be very handy while trading futures...