Hi Alfonso, I am currently reading the thread and at the same time watching your backtest videos on youtube. I found a daily chart you posted here: url As far as i know about the rules, to draw a down trendline we need to connect the 2 latest ...

Supply and demand in a nutshell by Alfonso Moreno

I can help answering this one if Alfonso doesnt mind. If there is 3 or more CP in a row, you can draw an aggresive trendline starting from the latest peak/valley to the latest CP. Aggresive trendline only can be taken into account if price reach a ...

Supply and demand in a nutshell by Alfonso Moreno

Hi Alfonso, great thread you have here, very detailed and helpful. on post #10 on this thread SUPPLY AND DEMAND FOREX AND STOCKS TRADING IN A NUTSHELL, you uploaded a video that basically explains very detailed about how you do the top down analysis ...

Supply and demand in a nutshell by Alfonso Moreno

okay i got it, thanks Chris. I got 2 open position now, GBPJPY bullish bar and GBPCAD pinbar. Hopefully all is going well. Cheers, Ivan

Silent Service Method

Chris, What do you think about this one on GBPJPY? - Bullish engulfing bar - On daily pivot SNR - On 38.2% and 61.8% fib retracement I was kind of expecting this one, i said to myself, if GBPJPY formed a strong bullish bar tomorrow i will jump in. ...

Silent Service Method

Chris, How do you determine which MA is best for which situation? and i thought the trend is going down, so I was trying to find a pullback to go short.. Cheers, Ivan

Silent Service Method

Chris, Im trying to digest what you just said and here is what i understand so far: - this one particular pinbar doesnt show up as reversal signal but more as signs of buyers trying to break the 1.43 level. - you are on bullish side because there ...

Silent Service Method

Chris, Sorry for the late reply. An update on the previous "almost pinbar" on USDCHF that i took last tuesday, you were right, it was legit. The trade reached the initial TP, without me.. I messed too much with my trade and ended up sabotaging ...

Silent Service Method

Chris, Thanks for the suggestion. I will definitely try the line chart + rejection on large round numbers when i have the chance to. You speaking about price rejection from certain areas really confirmed my recent thought about that. My laptop's ...

Silent Service Method

Hi Clockwork and Folks, First of all huge thank you to Clockwork for this huge thread full of insights, im sure so many new traders can and already benefit from your contribution. I am new to trading forex and have been learning the way of price ...

Silent Service Method

My TP was hit so i was out with only 40 pips. I feel like there still a huge move waiting up there. But i guess the hog get slaughtered right? I have to be happy with this one. Cheers, BeefStew

EURUSD only

Price moved pass 1.2280 but now developing long upper tail. Will wait to look closely at candle close. Mean while i moved to break even just in case the trade goes sour. Cheers, Beefstew

EURUSD only

Price hit first trouble area on 1.2280 and i expect it to retest my entry. If all goes well it will then move up again after the retest and i will move my SL to entry 1.22680 after reaching 1R. Cheers, BeefStew

EURUSD only

Hi Ata, What do you think about using EMAs to determine trend? Some people suggest to look for higher/lower high/low but i always having difficulties seperating the real higher/lower high/low with price spikes. Cheers, beefStew

EURUSD only

Hi Ata and folks, Fresh beginner here, currently trading demo for 5 months. Still trying to be consistently profit using price action only. I use S/R zones and EMAs (10, 21, and 50) to identify potential setups. Here is my take on EURUSD 1hr. I will ...

EURUSD only