- Search Energy EXCH
- 1colinfirst replied Aug 16, 2016
well, i want to do FX mentoring. So thats what i offer. and i understand that it is commercial and hence all my threads have to stay in this section. But it sucks that i cant post anywhere else. Anyways, rules are rules and i accept that. Yes, as i ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 16, 2016
i believe that the big guys are beginning to show their hand on EURUSD. They are carrying NZDUSD with them. Lets see. This commercial section of FF is proving to be a bit too restrictive for me. I like feedback and i like to talk to other traders ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
ah yes. I thought you were pointing to my earlier chart on EURTRY. anyways, as you can see, it works on the lower TFs also, like the hourly. You had the abnormally long bar and the close of that bar serves as support/resistance, then you have the ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
Hi, can you point me to the bar that you are referring to?
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
Attached is the current EURUSD H1 chart. It shows a reverse umbrella (called as the cup) being formed currently. Such formations usually break to the upperside, sooner or later.
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
as is obvious, large bars are created due to sudden movement of price (up or down). due to this sudden movement, a lot of traders (fund managers/retail/HNIs) are caught unawares due to this big move. So, they almost always try to retrace the price ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
i have added you on skype. lets discuss there so that i can better understand what you do and what you need.
Mentoring and Fund Management
- 1colinfirst replied Aug 15, 2016
here is another fun way to find SR regions. This also shows how amazing charting can be. and it can be fun too ! I have just taken a chart at random. not handpicked them. i have posted a EURTRY daily chart. Look at the bar marked A. You see that the ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
it indeed is useful. Also, as i said before, i will be also watching the PA around the region and if there is a continuous stall of price around 6950, i will be glad to exit.
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
Thanks for your inputs to the thread. I have posted a weekly chart of NZDUSD again with my TP marked. Now, when you look at the weekly chart, you can see that the level has not been broken on the weekly as easily as it looks on the daily chart. In ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 15, 2016
I see that my account has been restricted to sending one PM every 24 hours..Hmm. Maybe its cos i started posting in the commercial thread? Those who want to discuss, do send a PM with your skype id and we can maybe speak there.
Mentoring and Fund Management
- 1colinfirst replied Aug 15, 2016
Thanks. I am happy to note that you agree on the short side.of the kiwi dollar. The tp might vary which is fine. I am a bit busy today. Will post more around 8 hours from now.
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 14, 2016
I trade options at the exchange. It is more easier better and transparent there. I tried trading options with a pure FX broker like saxo but the premiums that they offer were atrocious and in no way related to what they offer at the exchange. It was ...
Mentoring and Fund Management
- 1colinfirst replied Aug 14, 2016
Those are not my funds mate. They belong to investors. So not my problem. If you want I can suggest better brokers where my funds are.
Mentoring and Fund Management
- 1colinfirst replied Aug 14, 2016
the advantage doesnt lie in their occurrence. Trading occurs. Price moves. Buys occur, sells occur. Nothing special. advantage is knowing where they occur.
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 14, 2016
I have attached a daily chart of EURTRY just to show its long term trend, which has just been up and up and up. Look at where it was in 2013 and where it is now. No indicators, no price action. Just pick a spot, choose your trade size and go long. ...
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 14, 2016
yes, each day has a high and low and open and close. what these are, is what is random !
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 14, 2016
well, each one has his opinion and has his techniques and i respect that. we use what works for us. No doubt !
Simple Trading Using Simple Techniques
- 1colinfirst replied Aug 14, 2016
That is why its important to wait for the market (traders/banks/fund managers) to show their hand. Dont try to outguess the market. Dont try to guess where the buy and sell orders will be sitting. Wait for the market to show it to you. This ties up ...
Simple Trading Using Simple Techniques