- Search Energy EXCH
- fxgroup replied Apr 26, 2013
Yes you are right...this is the basic way to start identify the best S/ R levels....don't forget that we don't want to trade every single PA candle at these levels, but only those that are telling a " story " according with our PTT&TTP !
Beyond the Candles
- fxgroup replied Apr 25, 2013
[quote=M_k;6632853] Hi M_k The W tells you all you need to know....PB bearish+ PB bullish that means the battle beteew buyers and sellers, a RM...the only problem is that we don't have a clear forming RM and your PB is in the midle zone of this RM !
Beyond the Candles
- fxgroup replied Apr 24, 2013
Change your 0.8594 level with 0.8610 and tell what you see in all the TFs !
Beyond the Candles
- fxgroup replied Apr 24, 2013
EURGBP The P is in RM...a RM ARROUND the level ( we would like to see the RMs above or bellow a certain level for more information)....now we have a battle between the buyers and sellers for the dynamic level. Your trade is in based of the PB right ...
Beyond the Candles
- fxgroup replied Apr 23, 2013
The arrows represents the way how the P make RET to the levels identified using the O/C and how important are these levels within the RM !....see GBPJPY W chart !
Beyond the Candles
- fxgroup replied Apr 22, 2013
I think that EURUSD is not the best choice at this very moment with M in congestion and W stuck in RM with many S/ R levels . I will wait for further informations meanwhile out there are many pairs far more clear/ safer !
Beyond the Candles
- fxgroup replied Apr 19, 2013
Hi We use the M/ W as information waiting the PA confirmation on D charts. The M/ W levels are far more powerful the D levels !...as you have seen on my video I waited the RET to the RM's R= W levels as the RM is based on W chart !
Beyond the Candles
- fxgroup replied Apr 17, 2013
AUDCHF This is a video where I explain the main reasons I sell this pair.....much more to come ! url
Beyond the Candles
- fxgroup replied Apr 17, 2013
[quote=iulianpojar;6610966] You are not off topic at all....it was not a surprise the bearish evolution of gold...it was with the main trend in a bearish fase within the RM with no buyers information at the S level !
Beyond the Candles
- fxgroup replied Apr 16, 2013
Do you remember this post...I made it a while ago and I had a plan on it. The sellers turned the P back within RM so all I had to do is to wait the P to the old R where the sellers showed me their confirmation...with 0.9440 as TG !
Beyond the Candles
- fxgroup replied Apr 16, 2013
[quote=sodiska;6602276] Sorry my mistake....I want to say the SELLERS .....
....note where the P did its RET (where we decided to wait for sell it ) !Beyond the Candles
- fxgroup replied Apr 11, 2013
EURNZD 1-the sellers closed bellow the W RM 2-RET to the old RM's S 3-the buyers take the level's control with the PB+ PB on D as confirmation.....WPG..right at our TG...and the W chart shows how important is to use the O/ C in order to identify the ...
Beyond the Candles
- fxgroup replied Apr 10, 2013
Hi heaven I have a very strong level at 1.5320 and I would rather wait a close above it followed by its confirmation as S before buy it...I just don't feel confortable buying against such an important level that proved to be an important support in ...
james16 Chart Thread
- fxgroup replied Apr 10, 2013
I think you are on the right path ....we see that 1.55 BRN was a very strong S for the RM above it, the P closed bellow it and now the old S act as R ! It would have been much easier if the IB/ PB would have been closed within the small previous RM ...
Beyond the Candles
- fxgroup replied Apr 8, 2013
[quote=vody105;6581055] Hi vody..as you see on the M chart the buyers put a IPB as a DB=RM confirmation....the IPB have the elements for an inversion of the trend bearish WITHIN the M RM. Of course it is always safer to trade with the main trend ...
Beyond the Candles
- fxgroup replied Apr 5, 2013
Hi Mike...at this moment I like very much AUDCHF & AUDJPY...and USDCHF gives me great satisfactions !
Beyond the Candles
- fxgroup replied Apr 3, 2013
USDCAD is choppy but is not so hard too read and here comes a very important concept...the Trading Psychology....we don't want to trade at any time...we must trade only we know WPD+ WPG and to have the patient for waiting these kind of market ...
Beyond the Candles
- fxgroup replied Apr 3, 2013
The TT require a different menthality and a different approach that gives you the vantage of very fast MM in order to put your trade on safe as quick as possible ! My trade was based spacially on the W BEOB in RM + the 2DPB that closed bello the ...
Beyond the Candles
- fxgroup replied Apr 2, 2013
USDCHF M is at the R level W in RM with BEOB at the R..these are the reasons I shorted it ! The TT is just a different way to jump in on the direction you get from reading the higher TFs !
Beyond the Candles