wolf coupled with macd divergence signaling a short around 1.4428 EURUSD daily. first target around 1.4174. second target around 1.4078.
do u see the same as me or is my analysis wrong.
thanx
I'm not one to employ Wolfe Waves - thats more Sunil's forte - but EUR/USD did open with an upwards gap of 17 points. Also, the completed Point 5 in the wolfe wave corresponds with a Weekly R1 level, which, if rejected, would help support your view further.
However, I don't feel very confident about any sort of meaningful short trades right now on the EUR/USD, considering the dollar's situation. The divergences that I've seen between MACD and the price don't look very strong to me.
I'd be more confident if i saw how the gap starts to resolve itself. And I also want to hear what George tells us tonight at the fundamental analysis session (8pm EST, midnight GMT).
Thank you for sharing those alerts and indicators. Please, after downloading them, how do I use, activate them and how do I know when they are active.
Kenny
Hi Kenny!
I assume you are referring to the indicators posted in this thread (NOT the FXI indicators available to our members). To get the indicators in this thread installed, try this:
1. Download them all to the desktop.
2. Right-click on the shortcut icon you use to start MT4, choose "Properties"
3. Click "Find Target". A file window will open.
4. Double-click on the "Experts" folder.
5. Double-click on the "Indicators" folder.
6. Drag the indicators from your desktop to this folder window.
Attaching the ZUP indicator. This is an odd one. Very complex, but potentially very useful for Gartley Patterns and other things. If anybody has any good suggestions for how to use this, it would be much appreciated!
Attaching the ZUP indicator. This is an odd one. Very complex, but potentially very useful for Gartley Patterns and other things. If anybody has any good suggestions for how to use this, it would be much appreciated!
Hi Eugene,
I've played with this one a little bit. Like you said, it can be used to identify Gartley patterns which is what I use if for. I remember reading an article about it on the Metatrader site (I think) that expalin what all the settings are used for. If anyone likes to use Pesavento patterns, it can also identify those too.
How do we use these indicators?
Linear Mode
