Trade of the Month

@airraye

This is trading school example: 'Look left, structure leaves clues'
- Elliot wave
- Resistance became support
- Breakout/Pullback



Weekly W on 190.00

Guys, you must do your homework to see the beautifull pattern coming right now... otherwise, if you are lazy, get the Indicator M-W to get alerted : )

One clue: It's 'M'

You went short? So are you expecting a pullback to the breakout area? If it reaches, will you close your position there?

alexforex007 posted:
You went short? So are you expecting a pullback to the breakout area? If it reaches, will you close your position there?

First TP is Center Point of the Pattern... It comes around 185.00
Have a look to Daily or Weekly chart... you will see the W.

Here is what the Indicator looks like and the signals you could get realtime.

Charts below are 1 month trading:

ok😭

CrazyTrader can you please explain why on GBPJPY you are ignoring the 27% longs from Outlook and 35% Longs from Sentiment Trader green area? Does the W on the weekly trump the sheep being short?

CrazyTrader posted:

CrazyTrader posted:

Weekly W on GBPJPY... it worth to try:

CrazyTrader can you please explain why on GBPJPY you are ignoring the 27% longs from Outlook and 35% Longs from Sentiment Trader green area? Does the W on the weekly trump the sheep being short?

Thanks so much.

Hi Crazytrader . are you using a mix of analyze MW + Fibo levels please tell us what else indicators it would be realy great to learn from experienced trader like ur self

Also are u using TF D1and go back maximum to H1 to analyze ur charts.please give us full exp

I'm still short from 189.77 GBP/JPY. Hoping for a nice fall during London.

bsargent posted:

CrazyTrader can you please explain why on GBPJPY you are ignoring the 27% longs from Outlook and 35% Longs from Sentiment Trader green area? Does the W on the weekly trump the sheep being short?

Thank you for using my Indicator into your own trading strategy : )

spelcort posted:
Also are u using TF D1and go back maximum to H1 to analyze ur charts.please give us full exp

Yes, I'm a swing trader. I look at H4 to D1.
I use smaller tf to look at the details about my indicator... I can study the past and crowd action.... I'm like a sniper, I don't rush trade, I see what others are doing then I take time to grab a decision into the right time.

Here is a little story:
I started to get this approach while I wasn't trading yet. At casino, one guy was betting red on each turn... he lost 7 times in a row and was running out of money. On the 8th turn, I decided to start to bet red, and I won. This guy was mad at me, He said It was forbidden to do so. Lol.

airraye posted:
I'm still short from 189.77 GBP/JPY. Hoping for a nice fall during London.

I'm short too... tp is still very far.
Ps: Do not hope at trading... it will damage your performance.

spelcort posted:
Hi Crazytrader . are you using a mix of analyze MW + Fibo levels please tell us what else indicators it would be realy great to learn from experienced trader like ur self

I use what suits best my trading approach or trading style. (Sorting by importance)
- M & W Indicator (Available, Refer blog)
- Sentiment Trader Indicator (Available, Refer blog)
- Another Fx Pattern
- Bollinger Bands
- Classical Support/Resistance
- Moving average

CrazyTrader posted:
Guys, you must do your homework to see the beautifull pattern coming right now... otherwise, if you are lazy, get the Indicator M-W to get alerted : )

One clue: It's 'M'

Well, I'm long and you?

airraye posted:
I'm still short from 189.77 GBP/JPY. Hoping for a nice fall during London.

I remember I told you if you weren't winning by following me I would refund you... you are up 70pips on this one. : )

Who knows?