I've got a question with the commented trade. Mr. Pip, you say we should always have an expectation in price and even an expectation about what the correction should be. You had an expected target below 1.3480. If you knew you were going to have a ...

Ratios & Harmonics: a Different Way to Trade

It never gets repetitive to listen to how careful we need to be about over confidence. Thx for sharing your story. And it happens at every level. In my case I've been many times finally about to departure with my acc growing when I fall flat in my ...

Extracted Thread (per thread starter's request)

That is completely true about the HG. Hesitation is our worst enemy as much as over confidence. Only through discipline we can learn more about ourselves and our emotions to finally control them. Nice story about the hare, will search for it. I ...

Extracted Thread (per thread starter's request)

Having and edge is very important and tick charts definetively look better than time based charts. For those interested in price only you might also try momentum bars or volatility charts. The most popular ones are renko charts and range bars. My ...

Ratios & Harmonics: a Different Way to Trade

Hey Mr. Pip, great to see you back. ABCD's, the bread and butter! It's nice having the big perspective while paying attention to what's going on inside. I like the green rectangles, they do the trick for finding the interaction between buyers and ...

Ratios & Harmonics: a Different Way to Trade

Not that experienced. Is wonderful when you are capable of finding the simpler approach, I think ultimately that's the goal.

Simple High Probability Trading

Nice contribution. I call Z some of the abcd patterns or bumps like rally-base-rally/drop-base-drop. I would disagree a little about counter-trend but hey, everyone is different!

Simple High Probability Trading

Ever, thanks for the good wishes. I also love range bars because you can center your attention in price. However there are things that we can't ignore. We live in a world where people take decisions based on time and at certain price levels and ...

Simple High Probability Trading

Nice thread Nexas! I trade with range bars as well using 100 EMA and CCI as part of my strategy so I can relate a lot. I've tried many range bars indicators for mt4 but in my opinion this is the very best: url because it records volumes as well ...

Simple High Probability Trading

It's hard and frustrating but not impossible. Day trading is not as glamorous as many think, sitting infront of your screens at 8:00 with your coffee, see the charts for 5 mins and press the magic buttons while seing green numbers right after. ...

AUD/USD

Nice move, well taken! LOL it's funny how everyone starts to say 0.98, 0.94 just like that when price is trading in the HERE AND NOW. I realize more and more that this is a macro thread. If people would say what's their forecast for ...

AUD/USD

Thanks, very informative. Maybe I was familiar with the genre but is known differently in my language. If lovecraftian is daytrading, then I'm a lovecraftian trader, although there's not much horror in my case

Davit's Confluence Trading

Nice term (Lovecraftian monster, never heard it before). I agree with you, totally ridiculous reaction in the markets for nothing. And the worst part of it is that we read "Sentiment acrcoss the board waiting FOMC announcement on Wednesday". So we ...

Davit's Confluence Trading

Yeah Chicky, go on please. I kept waiting what the rules are going to be. The concept is very interesting, thigs like this help you to be disciplined.

Elite Trading Method

Hi Alfonso. I am one of those subscribers that probably just read the first page and planned to continue afterwards. By the way, one of the best first posts in the whole ff that I've ever seen. I saw the genesis of this thread and witnessed all the ...

Supply and demand in a nutshell by Alfonso Moreno

Reminiscences is one of my favorite books too and the passage you mention is very nice, I think that is one of those ocations when the whole market had one sentiment and Livermore started to behave differently. My all time favorite Livermore's quote ...

Picture related to Forex

When I first started learning all about trading I saw one Post - don't remember where - with a guy saying: "I finally found the ultimate strategy to be successful in trading: do the exact opposite of what you are suppose to do". I didn't pay too ...

Picture related to Forex

When a pair starts behaving the way the AU has done for the last weeks, one starts to think in a pure intraday approach. Ego is one of the biggest problems with every trader, they want to predict where price is going or if does this then I will do ...

AUD/USD

BTW for those who wonder, recovery mode means same analysis for entries but no hoping for targets. No hoping just taking. No waiting for seing price going in your favor.

AUD/USD