Although I don't think yesterday's price action is enough to SELL. I think it will be prudent of me if a stay on the side line because of the hindrance at the weekly support level. but if price closed below it, then I will watch out for a support ...

Simple, Powerful and Effective Price Action Trading Strategies

YEAH BOSS! GJ is really putting smile on my face. What you said about SD I think you are right, may be thats more reason why I am not getting the SD thing. Looking back at AUD/USD its like the yesterday's bearish momentum to the down side was very ...

Simple, Powerful and Effective Price Action Trading Strategies

I see you are vast in SUPPLY and DEMAND I tried to learn it but I wasn't getting it. It looks simple to learn but along the way it got complicated for me. May be be I was just missing it all

Simple, Powerful and Effective Price Action Trading Strategies

I really appreciate your observation but don't you think the the second purpule zone below the pin bar you drew is a turning point? The MA as well provides the confluence what do you think? It is a valid signal, as it did form from a swing level - ...

Simple, Powerful and Effective Price Action Trading Strategies

I really appreciate your observation but don't you think the the second purpule zone below the pin bar you drew is a turning point? The MA as well provides the confluence what do you think?

Simple, Powerful and Effective Price Action Trading Strategies

This is the situation report on my EUR/USD last week. Price was driven down to 1.1335 and beyond

Simple, Powerful and Effective Price Action Trading Strategies

The price action on GBP/JPY closed with a bullish rejection candle could this propel price to the nearest resistance at around 189.36 well the market has the final say let see. Any observation BOSS?

Simple, Powerful and Effective Price Action Trading Strategies

I just noticed an early entry on the EUR/USD 4H with a rejection bearish candle some where around 1.1438 could this intensify the bearish mood of this pair, and drive it down to the nearest support at around 1.1335? This is in conjunction with the ...

Simple, Powerful and Effective Price Action Trading Strategies

Wow this is an eye opener I never thought about it that. Thank you so much

Simple, Powerful and Effective Price Action Trading Strategies

Good day Dale Woods I 've been a silent follower of your thread for quite some time now and like never before I am seeing forex as a business. Thanks so much. I was going through Gold chart yesterday and I thought yesterday was a rejection candle ...

Simple, Powerful and Effective Price Action Trading Strategies

cool I got it but does thatimplies that I will buy and sell at the same time or I'll either buy or sell? for example the USD Non-Farm Employment Change that will be coming up next week, previous is 216k forecast is 142k.with this information am I ...

Central Banks & Big Players

Good day Tony thanks for this wonderful strategy that has stood the test of time. But I am having challenge understanding when to buy and when to sell. How will I know if I am to place pending buy or pending sell order or will i place both pending ...

Central Banks & Big Players

Thank you very much HOLLOWHEAD

Pure & simple Abonacci system

HOLLOWHEAD thanks for the comprehensive explanation, I have more questions to ask. Question 1: In post #49 your base line for GOLD is 1250.00. But when I set up my MM indi. the base line I saw was 1375.00 Am I doing it wrongly or what? Question 2: ...

Pure & simple Abonacci system

HOLLOWHEAD, The update on first post is very helpful but I still have a question concerning point 4 "4. Open Abonacci Template For pairs with price format x.xxxxx 'Length' 122 (1h TF trading) or 244 (4h TF trading) or 488 (Daily TF trading) For ...

Pure & simple Abonacci system

Hollowhead and Unbender this is a job well done this I guess will be the thread for me to follow closely even though I have not understood it fully yet I beginning to feel comfortable with it

Pure & simple Abonacci system

If I know that the move is going to be 20pips, why wait for a bigger move all I need to do is to increase my lot size and go for the 20pips

Professional Trading Strategy - student selection

Less I forget I used indicator before and the result was disasterous on my accounts. Right now I use S/R, TL and Pivot point

Professional Trading Strategy - student selection

I did not catch the move as I was expecting a retracement to either 50% or 61.8% of the down leg on 4H TF. That move eventually hit the 50% at about 1.3607 and close below. So I short the trade 4 hours after the move. Now I've moved my stop to break ...

Professional Trading Strategy - student selection

Excahnge101 if u can predetermine those entry and exit point mathematically would U still say that there exist randomness in the market? Just curious

Professional Trading Strategy - student selection