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- joffie replied Mar 28, 2012
Hi all, attached are 2 trades I took yesterday based on price action first then a entry with the Tdi and 5ema. Audusd and usdcad are the 2 pairs I took trades on. But from reading a post from Chewz, I do beileve this has been taken away from the ...
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- joffie replied Mar 27, 2012
Yes I must aggree with you on the tdi angle, forgot to look at that one! I would not be selling based on that angle. Glad I didn't. thanks guys for your input. joffie
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- joffie replied Mar 27, 2012
Yes, based on using the supply and demand, I have 4hr at a supply now which also tested the middle of the bear candle being R1. Then using this method, it is giving a sell with price closing below the 5ema and cross on the tdi. This is where it ...
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- joffie replied Mar 27, 2012
USDJPY — What do you guys think of a sell on the usdjpy 4hr chart on current candle crossing tdi. I have been studying into supply and demand to work along with my support and resistance trading, and right now I have the 4hr at 4hr supply. ...
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- joffie replied Mar 24, 2012
Hi Thrasher, I don't actually use pivots, what I do is look for daily support and resistance in the normal way from using area's where price has struggled to go higher or lower. But as well as that I use daily candles as a level of support and ...
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- joffie replied Mar 23, 2012
Just a quick note, I know how this method has been layed out to take trades, but you must watch the bigger picture. Take a look at this Daily USDCAD chart, price has been finding support around the weekly level, and now yesterday price broke through ...
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- joffie replied Mar 22, 2012
Just the usdcad and usdjpy are daily charts posted, others where the 4hr charts. joffie
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- joffie replied Mar 22, 2012
This is what I saw this morning for the USDJPY pair, a very nice double top of a resistance with a upper wick pin bar closing down, would have expected price to drop here today and if I had seen the set-up sooner I would have sold on the break of ...
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- joffie replied Mar 22, 2012
Hi 0nly20gp, this was a eurusd chart, I am also in the sell gbpusd already, and buy on the usdchf. using the same approacof candles. joffie
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- joffie replied Mar 22, 2012
I missed this entry while coming to work, a very good sell if using 1hr for a entry. This is based using candlesticks, as before see the bear candle open R2 acting as resistance, then moving to the 1hr a perfected sell of this level. More and more I ...
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- joffie replied Mar 21, 2012
Here is the audusd where I found my resistance for the sell I took. Once again see how the bearish candles found R1 at the middle as well as a support which had been broken and tested from below. You see as good as this method is, and it is very ...
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- joffie replied Mar 21, 2012
Here is a chart of the daily gbpusd, do you see here how even though resistance was at previous candles highs, we also have a open and middle R1 and R2 levels acted as resistance on 2 bearish candles. joffie
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- joffie replied Mar 21, 2012
I did try the APB candles but as I have always traded with candlesticks I prefered using them instead, the entry I took even though it also showed with the simple 4hr method on here, do you see the large momentum bearish 4hr candle, then a small ...
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- joffie replied Mar 21, 2012
A update on the audusd sell I took, still in profit with some locked in. I stand by what I said before on this pair and it shows once you can master price action with this method you will make pips. joffie
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- joffie replied Mar 20, 2012
I have attached update of trade, price is at a trendline test after the break to the upside, so have closed half of the trade and now wait for a exit. joffie
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- joffie replied Mar 20, 2012
This was a price action entry on the audusd pair to sell, was also confirmed by the simple method as well, but entry using it would have been on the 3rd candle, so took the sell based on price and candles. joffie
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- joffie replied Mar 19, 2012
[quote=ashag28;5491430]Personally I do not scalp, not my thing, don't need to.[/quO What do you trade? How do you trade? perhaps show us what your doing? You say you dont need to scalp? How are you reading candles?
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- joffie replied Mar 19, 2012
From what I am looking at was a change in daily trend, thats when price broke the daily trend line and tests from below proving the trendline acted as resistance after breaking, also with the daily making lower highs and lows proves the trend is ...
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- joffie replied Mar 19, 2012
I took the sell on the audusd based on this simple method rules, in fact the trade was closed out at break even. But that does not mean the trade wasn't taken from price action, the 4hr had hit into a daily resistance, which was a daily previous ...
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- joffie replied Mar 19, 2012
Hi Thrasher, have attached the FF calender, my 4hr candles are timed at 0.800 and 12.00 hrs broker time which is 7am and 11am London time, currently London is same as GMT. joffie
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