- Search Energy EXCH
- reldas replied Jun 19, 2015
It would seem to me that there is a danger here of traders spending massive amounts of time searching for the tiny flaws in their personality and chasing new ideas etc. I would agree that focusing on the 1 million goal is futile. If one has a plan ...
Which type of trader are you?
- reldas commented Jun 1, 2015
Drawing what artwork what geometry. I can see a chart. I can action a trade within less than a minute. I am quite happy trading my way. Your future may be HFT fine mine is being a profitable intra day trader. Happy trading
How Traders at Goldman Sachs Get a Head Start
- reldas commented Jun 1, 2015
Just read the charts, take note of price action, supply demand, big news events,ignore all the rumours and use common sense. Trade what you see and use sensible money management.That way you should follow the banks most of the time. Since they ...
How Traders at Goldman Sachs Get a Head Start
- reldas replied May 13, 2015
Hi Simon,Found nice place to live just north of Derby so moving in 3 weeks then trading should begin to happen. Regarding tops or bottoms of markets have you ever used currency strength meters.For example the relationship between the €/Y may now be ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 24, 2015
Hi Simon, Totally agree with your last paragraph. Basically trade what you see when you see it in keeping with Supply Demand. Down trend sell the bounces and Uptrend buy the dips. This strategy seems to work more than it does not after one has been ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 24, 2015
Hi CogsX86 Interesting charts Not clear what the light grey areas represent. The top chart on display has four what I presume are levels. Top being one etc Number 2 is void as supply or demand level whilst 1,3,4 are all still fresh levels. Next ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 24, 2015
Hi Simon, Europe seems very unstable with the Greek stuff, UK Election etc. I am thinking about Aus as a possible area to be looking and Cad but not sure Any ideas, views, appreciated. Staying out for a while today, things just seem too volatile. ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 23, 2015
Hi Simon, Tied up with trying to locate new place of residence so not trading but keep looking and getting frustrated for what I am having to pass on temporarily LOL Be back live fairly soon. Like your chart ,attached is how I saw it earlier on 5 ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 20, 2015
Hi Simon, Re decision point,Many thanks for your explanation I understand how you see it now Many thanks The £/Y seems like it is is dithering about waiting for something to change,maybe news later though there aint much of that today LOL All my ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 17, 2015
Hi Simon, Many thanks for reply. I am not quite clear on the "decision point" terminology. Is it an area of accumulation if so then I understand.You got me thinking re the higher time frames hence my 15 min plus 5 min which seems to work better for ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 17, 2015
Hi Simon, Bit of bad luck with that one .I was lucky today as went in earlier and left with a profit. News is just so unpredictable so often I try to stay away from most of it image
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 15, 2015
Hi Simon ,I feel this is where fibs can help as an odds enhancer to S/D.My top priority is the S/D,however I do use a couple of odds enhancers which for me seems to give confidence to go for it sometimes. image
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 15, 2015
Hi Simon, 5 min£ /Y this morning generated a sensible short around 70 pips Unfortunately I was tied up delivering my car for repairs so did not trade this one On your chart the IC Markets seems to offer different prices to Admiral I guess that is ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 14, 2015
Hi Simon,Thanks for that we all need bit of encouragement in this game LOL Now I have figured the way to deliver the chart will hopefully share some more both winners and costs ( business has costs and profits as I see it Psychologically loss is not ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 14, 2015
Hi Simon,had a lucky escape turned into over fifty pips profit yesterday.Apologies for the few lines Just sharing the approach in terms of S/D. Cheers for now Pete image
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Apr 9, 2015
Hi Simon ,Famous last words indeed! Greek surprise!! No one could have known this was going to happen when it did!However the market was suggesting down move on the 5 min chart with LL and LH coming away from a 1hr supply back at 0500 gmt. Also the ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Mar 26, 2015
Hi Naughty Pip and Simon, Most helpful in that I am happy to know that I am not alone in the puzzle and have learned a couple of new ones Once one sees these it is so logical So many thanks Happy trading.
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Mar 26, 2015
Hi Tor Thanks for the reference,I would have seen this as momentum slowing down as price moves towards a possible reversal at a previous S/Z so your description is now clearly understood. I must say I admire your courage trading the 1 min T/F,Very ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Mar 26, 2015
Hi Simon I have worked out most of them, However here are the ones I have come across that my old brain seems unable to figure out LOL. JvL tg IMHO btw IMP DP/FTR QM FTR AAA setup OBV I am finding the site very interesting and informative,I will be ...
Price Will Tell - Supply/Demand Price Action Trading
- reldas replied Mar 24, 2015
I agree with you that S/D is not a system etc. I am interested in your definition of compression. I pay attention to accumulation which occurs i the base part of for example a DBD or a DBR etc Do you consider compression to be the same thing ? I ...
Price Will Tell - Supply/Demand Price Action Trading