New Indicator - Market Sentiment

Inside the candle, there was a story. That was what 'Market Sentiment' indicator all about.

p/s Need further explanation.... I guess. But it's little bit complicated... On my next post ... I will try to explain what was the story all about...

EJ

9:40 PM GMT +8

EJ price tried to break 126.22 for strong H4 BULLISH... otherwise it remain major trend BEARISH

Update
9:50 PM GMT + 8
Already broke ... but did some correction at M5... close at +30 pips...

p/s My trading style is 'probability' and I trade base on candle condition where I think the chance to profit is high... I assume that market move in random manner... so that I always play save and just take what market could give me. My entry is M5 fractal... and at the moment I'm just wait and see the next M5 low.

------------------------------------------------------------------------------------
And... I want to dedicate my thanks to my greatest sifu mfazy121... Where ever you are.... "thanks a lot" from me. Its only take 10 minutes to get 30 pips... without -ve floating... Once I enter the market, few minutes later I found that market follow my position direction. Finally I almost get your style. Or maybe I did my on style to trade base on candle. But you teach me how to catch the price movement from biggest TF and entry on small TF. And you also told me to control emotion and did money management.
------------------------------------------------------------------------------------

HAPPY NEW YEAR

Hello All...

I wish you Happy New Year....


p/s .... By the name of God... I wish this year is the most successful year in my life

EJ analysis

Critical high for Bullish continuation : 127.68
Critical level for reversal to Bearish (neckline) : 127.07
The possible movement to confirm reversal .... price must first break the neckline and the next high should be lower or at least around the neckline...
Otherwise... it's not suggested to enter SELL.

My New Template

Indicator in first window...
Chart in second an third window...

GJ - H1 UP

Uptrend detected on H1... might get some pips.

Uptrend

Regarding to the system... there is nothing that I can say... unless uptrend has just began... and only buy signal recommended.

ref : GU, EJ and GJ

Market Sideways

From technical analysis, what can i see so far.... market currently indecision mode. EUR strenghten and EURxxx start to make big timeframe correction. JPY weakened and xxxJPY almost start to follow the same pattern as EURxxx.

USD weakened and EURUSD might up in mid term. ???

Summary : Market currently unpredictable and not suitable for trade. In my opinion USD weakness factor is not sufficient enough to convince the world market to go strong BULLISH.

Suggestion : In big timeframe sideways market, most of system which use several indicators to confirm BUY or SELL signal, normally became inefficient. And also in my opinion.... the effective way to trade is SELL on high and BUY on low until the event of breakout.