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Caseynotes

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Everything posted by Caseynotes

  1. yeah, 140 doesn't make sense on my chart while 14 looks right (any time frame) tho in his pics he has 140. will try to ask today. just remembered he's on holiday.
  2. US indices surge on Trump speech. Beware month end flows, may see some profit taking. UK Bank Holiday Monday. Daily charts;
  3. Indices up. Nikkei down on Abe resigning news. Gold and Oil down. Today: Jackson Hole symposium start. US personal consump data. CAD GDP. FX correlations.
  4. 👍 yes you're right it can be a trial. Anyway best of luck.
  5. ok, I did gather the large spreads on the small caps was causing a problem for the strategy.
  6. Zig Zag with RSI Divergence. Published online July 2020. (not tested myself). The strategy is based on Divergence in different way Timeframe: any; scalpers should choose M5Pairs: any. Claims a 75%winratio and 1:2 risk reward ratio So what we gonna need with this strategy two indicators. 1) Zig Zag with Depth 50. 2) RSI period 140 Buy Setup: 1) Wait for the price to break the last bottom, the zigzag indicator make it clear 2) Next the rsi need to make a divergence (higher high) if not then we will not trade 3) after the rsi is making a divergence we wait for the price to close above the latest low then we take a trade and we put the sl and tp at the latest high Sell Setup: 1) Wait for the price to break the last top, the zigzag indicator make it clear 2) Next the rsi need to make a divergence (lower low) if not then we will not trade 3) after the rsi is making a divergence we wait for the price to close below the latest high then we take a trade and we put the sl and tp at the latest low
  7. please do not use this thread to sh!tpost unrelated garbage gifs and videos.
  8. Indices and Oil paused overnight. Gold and Bonds down. Today US jobs data. FX correlations.
  9. Hi and welcome, see pic below;
  10. I wouldn't trade the pivots themselves but rather use them as recognisable and respected boundaries so am looking to trade pullbacks as price transits between one pivot to the next.
  11. intraday always look to the Daily Pivot, if above expect continuation up and if below then down but Dow and S&P are on opp sides at the mo, would expect Dow to follow S&P and Dax to follow Dow.
  12. Dax and Dow still below the pivot. M30;
  13. Indices up, Bonds down. Oil up, Gold down. Today; US durable goods. FX correlations.
  14. Third related video, this one is on Initial Balance and the Open Drive but looking at candlestick charts rather than concentrating on market/volume profile.
  15. Short mentoring video from prop trading Axia Futures looking at Initial Balance and what to use for different markets. This video is related to the one above, Identifying Range and Trending Markets and to the next one down which looks at Initial Balances on candlestick charts and the different opening times for different markets.
  16. yes, think of the ema as a slow oscillator and the stoch as a fast and so wait til they are lined up and going in the same direction, ema is the trend indicator and stoch is the trigger indicator.
  17. Depends what you mean by 'repainting' indicators. Most indicators repaint the current bar until bar close because the calculations change when the input data changes, once the bar has closed there is no more incoming data and the indicator is fixed. Most broker supplied indicators work like this but where indicators are written and uploaded by a community they may not. Some indicators are designed to recalculate the previous n number of bars with each new bar close such as a 'centered' triangular moving average, this gives a smoothed curved fit. Or some indicators may 'backpaint' such as many examples of Zig Zag which delays printing a signal 3 - 5 bars then when confirmed backpaints the signal. Finally some indicators will rearrange signals for a better fit once subsequent bars have been printed, these are favoured by scam indy sellers who can show a perfect fit picture but in reality the indy performance is mixed.
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