unmistakenly INDENTIFYING THE TOP (BOTTOM) OF A TREND JUST BEFORE ITS REVERSAL
Dec 07, 2013 at 22:01
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3 Replies
Member Since Aug 18, 2011
3 posts
Dec 07, 2013 at 22:01
Please, share with all of us your best and interesting discoveries about correctly identifying the very top in an up trend and the bottom of a down trend.
Many traders mistakenly place trades wrongly assuming the trend will continue when they assume the trend was reversing and many lose their money.
Many traders mistakenly place trades wrongly assuming the trend will continue when they assume the trend was reversing and many lose their money.
Member Since Apr 21, 2013
101 posts
Dec 08, 2013 at 08:03
I post daily trade videos on Myfxbook i recommend you checkout all the video trades that have been already put out. you will see what i use to make really good calls on where the bottom and top of the markets will be in the future.
https://www.youtube.com/user/forexalertsystem/videos
and our thread.
https://www.myfxbook.com/community/experienced-traders/strategy-revealed-live-trades/659907,1
https://www.youtube.com/user/forexalertsystem/videos
and our thread.
https://www.myfxbook.com/community/experienced-traders/strategy-revealed-live-trades/659907,1
Member Since Nov 21, 2011
1718 posts
Dec 08, 2013 at 15:09
stefanKing posted:
Please, share with all of us your best and interesting discoveries about correctly identifying the very top in an up trend and the bottom of a down trend.
Many traders mistakenly place trades wrongly assuming the trend will continue when they assume the trend was reversing and many lose their money.
Choose the pair you want (and Timeframe in between: TF4 to Weekly) so i'll show you my Pattern identifies the beginning of the Price Action and the end of it (reversal area) as requested.
Dec 09, 2013 at 08:46
I think Fibonacci levels are the best to find out a potential top or bottom of a trend. However, one can not be one hundred percent sure as far as Forex market's uncertainty is concerned. Nevertheless, a trader can be safe with his already earned profit and wait for a new entry if those levels are obeyed properly.
With Fibonacci levels, we might have to integrated candle stick pattern, Trend line and bigger time frames' support and resistance.
At the end of the day, it is all about experience which comes with a lot of practice.
Wishing every one luck.
With Fibonacci levels, we might have to integrated candle stick pattern, Trend line and bigger time frames' support and resistance.
At the end of the day, it is all about experience which comes with a lot of practice.
Wishing every one luck.
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