For Doseone and All - RBs for confluence


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  • Ninja
  • 12-May-2009 at 7:39 PM
  • Rep: 100
  • Posts: 218
I singled out Doseone only because I know he trades the Euro and these examples are from the Euro (they occur in every market). The Euro can be a trending train when it gets going, and these are definitely trend continuation type setups. Regardless of ones approach to trading, these may be of value when confluent with your methodology, or perhaps be of value as a warning of possible pullbacks to ensue when holding a position. At any rate, if of use, enjoy, if not, no biggie! :-)

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  • 0
  • doseone
  • 13-May-2009 at 3:29 AM
  • Rep: 90
  • Posts: 29
Ninja, This looks great I really like how the 50SMA stays stable and keeps the direction of the trend, despite price making HH's or LL's in your examples. I have already added it to M5 and will be keeping a good eye on it. Thanks for sharing this and I will be sure to let you know how things go. In the second example you mention the 10SMA being the middle dotted line, what are your settings for the outside bands if you don't mind me asking.
  • 0
  • Ninja
  • 13-May-2009 at 8:54 AM
  • Rep: 100
  • Posts: 218
The outer bands around the 10SMA are just 10SMA of highs and 10SMA of lows (H/L bands).

  • 0
  • doseone
  • 13-May-2009 at 2:13 PM
  • Rep: 90
  • Posts: 29
Here is an short entry I took while reading about the RB method. These broadening formations have provided some great trades especially when they appear at Tops/Bottoms.

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Euro Broadening Top


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  • 0
  • Ninja
  • 13-May-2009 at 4:59 PM
  • Rep: 100
  • Posts: 218
Excellent trade. These can be found as pullbacks as well as at tops/bottoms. Take a peek at the following link and see what you think. Ive found them to be pretty accurate when it comes to measuring as well (measured move as initial target). Had a nice one today on the ES that you can see on my most recent post, last chart. Thanks for the charts and interest! :-)

http://www.mypivots.com/forum/topic.asp?TOPIC_ID=4325
  • 0
  • doseone
  • 14-May-2009 at 12:06 AM
  • Rep: 90
  • Posts: 29
I just caught this one on the EURUSD.

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and here it is now, trade closed. Thanks Ninja!

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