- Search Energy EXCH
- 19 Results (2 Threads , 17 Replies )
- Luciferz replied Jul 9, 2020
Aham that's what I'm trying to figure it out which zones are valid and which ones aren't. Monthly and weekly zones are too far away from the 30M tf so that does not help to take entries.
- Luciferz replied Jul 9, 2020
You never know when a reversal it's going to happen. If price is treading up then would you sell blindly thinking "ohhh price came to a resistance let's sell now"?? No, that's calling a top. You'll wait for for some kind of support to form and wait ...
- Luciferz replied Jul 9, 2020
That's the thing I'm not trying to call a top or a bottom. I'm trying to trade de trend. I agree with you that we don't know if S/R areas will hold or not that's why we wait for those areas to be broken and then trade so you can add some kind of ...
- Luciferz replied Jul 9, 2020
A graphical example of what I'm saying it's here, you can see price broke above closing down. It came down and created some kind of support when that 30M candle closed so if price moves in HH and HL then technically it should not break the low of ...
- Luciferz replied Jul 9, 2020
But in order for something to work you cannot simplify keep doing something without understanding why is that happening other wise in the long run there will be a time that what you are doing will stop working and you'll ask yourself why is not ...
- Luciferz replied Jul 9, 2020
Aham I've heard that in order to give more strength on your support and resistance areas you need to start marking them on the higher time frame and then going to lower tfs by adjusting them according to the timeframe and understanding what the ...
- Recent Support and Resistance with pure Price Action
Hello, there I'm opening this thread to discuss trading in recent S/R areas with only price action ...
- Luciferz replied May 9, 2018
not yet... might you could guide us little, I saw you also had done a thread on order flow
- Luciferz replied May 9, 2018
Yes...that's what I'm trying to say...
- Luciferz replied May 9, 2018
I'm not saying that don't do S&R or other methodology... I'm saying If you are able to "see" order flow...which is dominating which, your analyse become more accurate with almost no loss...But if you can't see the order flow... even drawing treand ...
- Luciferz replied May 9, 2018
You need to be able to see order flow on real time... for that you need to learn how bull price works vs bear price. It makes behaviours which repeat all the time...you need to be able to take on your advantage...
- Luciferz replied May 9, 2018
yes...tell me one thing...Why do you think 95 out of 100 traders lose and just 5 win? Do you believe that successful traders the "5%" take trades just on high probabilities trades??! This is a serious business... just think for a little bit...
- Luciferz replied May 8, 2018
Well I don't agree with you in that statement...If you trade S&R you are playing a game of probabilities...You never know if that price (bearish) is going to resist the level and reverse or spike sometimes in the level to confuse retail traders or ...
- How to flow with the order flow?
So I'm starting this thread because I think it will be a lot to talk and discuss here. I believe to ...
- Luciferz replied May 8, 2018
Is this Thread still active?
- Luciferz replied May 8, 2018
Yes you are right, my problem is that I made the entry too soon because it did a nice pin getting the fridays orders and I thought I was missing "something" so I entered and put the Sl just where is that red horizontal line. I wasn't expecting them ...
- Luciferz replied May 7, 2018
I don't understand why?! Price Hit my Sl and started to go where I was expecting...
- Luciferz replied May 7, 2018
I guess I made my entry too early. Now I'm unsure if they are going to take traders with orders above that pin or not. I entered because of the long pin...
- Luciferz replied May 6, 2018
CJ I expect the same movement on UJ as you shown on your chart but I don't understand why your predicition starts to drop...I know that the price direction of the price on the higher time frame is down, I also know that you have based on pattern to ...
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