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pro4Xtrader

High Probability Forecasts

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After a nice rally up GBPAUD corrected what seems to be a good entry point for the long position. The rally does not look over as no signs of reversal are presented. Target area 2.0180

 

bji9zd.png

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GBPNZD continues to print new lower highs and higher highs without any signs of reversal. In fact uptrend could just accelerate from this point and hit our target in the next few weeks.

 

219z4uh.png

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EURNZD broke above key resistance that could be a signal of a long term uptrend taking place. I think price could move up to 1.66 area that would make over 1000 pip upside move potential.

 

qq51fs.png

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It seems USDJPY now in the ranging mode where best is to use oscilators. Now USDJPY bouncing off the resistance and Demarker showing overbough. I think it is very likely price will drop back to support.

upok5.png

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guys anyone reading this or should I stop? :)))

 

no worries I;m with you bro. :)

the main reason should be there's only a few traders who bother with manual trade nowadays. eventhough you trading method are great one. bad news is, not all people would spare his time with charting activity by drawing the elliot wave manually ( the paint activity it harsh :missy: )

I had similar works with EURUSD price, by counting any possiblity related to daily high low price. it;s not a commercial EA, and I dont intend to sell anything too.

EFaSPo5.png

here's current result from 2 weeks forward test trading. the idea is to set stop order based on daily hi-lo calculation, aim for probabilty market would breach these level.

and for a moment it only works with low spread brokers since I use 30 pips stop loss at 5 digit EURUSD price.

just my opinion share, hope it would ring the bell and give a some nerd inspiration, my guess :crap:

hilohilo.png.b3aa3e73955fa30effe0b124c714ec77.png

Edited by prax

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