Many contacted me for advice....
I posted this analysis just before breakout. Did not expect to breakout so strong.
What you can do after my analysis is to put BUY STOP pending order at 1.815 (if you agree with my analysis)
Right now it's too late. DO NOT CHASE.. Let it retrace first.. Entering now is very risky unless it suits your risk appetite
SL 1.56 is short/mid term trade... Long term trade SL is below 1.38
Be patient... Look at scomnet analysis.. Same thing, wait for retrace to enter..
jasonktlim
⋅
Is the FiFT bars reducing in length a concern although it has overshoot the red line? Is your indicator different from the published free version in TradingView under your profile?
kgiap123
⋅
@jasonktlim, It's like climbing a mountain.... At beginning got strength, so can climb faster (Bar Spike and GREEN since climb up). After few climb, he got tired and slowing down a bit to catch some breath (shorter bar but still climb up - still green ).. Then it hit major resistance A. He had few tries but fail.. Still hanging there (small bar but still gree)... He gathered all his strength to overcome the resistance. Make a big leap. Success !! (Bar Spike and continue to climb up - GREEN). After big leap, he take a rest at resistance turned support A ( smaller bar but still up - GREEN)... he continue with the climb until resistance B.. Same routine as at resistance A, but this time he fail and fall back to support A ( turned RED )..
jasonktlim
⋅
@kgiap123, Thanks! We'll see how Master will pan out in the coming weeks.
kgiap123
⋅
@jasonktlim, lol... don't have to wait for coming weeks.. Today already hit 20%. Hope you caught it.
kgiap123
⋅
@jasonktlim, yes, i've updated by not yet publish.
jasonktlim
⋅
@kgiap123, Thanks. Been testing with your FiFT and MCDX.
kgiap123
⋅
@jasonktlim, you can use either one. Hope been useful to you..
jasonktlim
⋅
@kgiap123, Ya thanks for sharing too. Admire coding people like you and I'm trying to learn too. The last time I did programming was back in uni C Programming LOL.
I posted this analysis just before breakout. Did not expect to breakout so strong.
What you can do after my analysis is to put BUY STOP pending order at 1.815 (if you agree with my analysis)
Right now it's too late. DO NOT CHASE.. Let it retrace first.. Entering now is very risky unless it suits your risk appetite
SL 1.56 is short/mid term trade... Long term trade SL is below 1.38
Be patient... Look at scomnet analysis.. Same thing, wait for retrace to enter..