Yes you have the right setting for Fib. some people have 0,0.5 and 1, which is the same as yours.

Yes, he is using the 20EMA on day chart too. They are only examples, the time frame doesn't matter and he uses the same 20 EMA on all charts.

Every bar has the potential to be a climax (exhuastion gap) or measured move (measuring gap). What confirms a bar is a climatic bar is the follow thro...

Hey Alessandro, Yes you can read chart bar by bar in smaller time frames. but you will have a lot more of false signals before market makes a move in ...

Its usually better to rely on your stop loss, instead of exiting after 2 reversal doji + reversal trend bar.the reversal trade did work here but only ...

Hey Eduardo,When it comes to taking profit in TR, the middle is always the best place (at least 1:1 Risk to reward, 60% probability). but, Leaving a r...

That is a pretty bad short, You are selling on the bottom of TR a place where people would take profit, also look at the risk to reward, I would put...

I don't think so. The market's been in a good bear trend(judging by the EMA), EMA gap bar's not been made, 2nd entry sell also activated, maybe not le...

Hello Hongkee, The market doesn't favor bulls or bears even if they are trapped. Market always tries to find the equilibrium, meaning that markets alm...

I trade XAUUSD daily for 6-7 hours. on 2min timeframe.