The battle between the buyers and the sellers for the 1.7511 level is still goes on and made this market congestion as triangle(RM dynamic) arround our level. A breakout with a level's confirmation as S will push the price up and the RM's R ...

Beyond the Candles

[quote=BaliuxXx;5153980] The M is in a good bullish momentum and after the PB's pressure, now the P reached it first target..so..a partial taking profit of long positios rather than sellers is absolutely a normal reaction...and personally I don't ...

Beyond the Candles

nzdchf — I know that we have allready talk about this pair, but is very interesting how the P reacted exactly how we anticipated.

Beyond the Candles

PTT&TTP for waitng — We turn back to talk about some very important trading steps: Psychology -plan the trade-one of the most important in trading process is the trade plan, understanding what the price is doing, who is in the market ...

Beyond the Candles

levels — Hi sorry for answers delay, but as I said family issues kept me away of the screen....and it worth it....last sunday, my wife born our second child..so....! The levels are one of the most important elements in trading, but are not ...

Beyond the Candles

[quote=TraderinSD;5136061] Hi TSD Thanks for your kind words.......I choose to trade only the high TFs because the smaller TFs just don't fit me, I can't stand to the pressure, but most of all because the higher TFs are by far more powerful and the ...

Beyond the Candles

EJ — In a down trend with an important M RM,the price showed us strong sellers with W PB. On D chart is just simple as that .

Beyond the Candles

Market analyse — Let's see how we read a chart USDJPY: M-after the RM with 80.269 S the P reached at the hystorical low that acted as S, where the buyers defendel the level with an IPB. W-RM between the 78.45 and 75.68 with a strong BUOB that ...

Beyond the Candles

[quote=msmarple;5121511] Sorry for delay...family issues took me away of the screen...but it worth it ! I'm trying to pick only those pairs where the patterns are very clear with no doubts for what the buyers/ sellers are doing. At the moment when I ...

Beyond the Candles

[quote=HITMAN;5121382] I know that the correlation is used as a powerful by many traders, but perssonaly I learnt to trade every single cross in base upon the chart/ price tells me. I don't like the cross with small liquidity, those with long tails, ...

Beyond the Candles

This is what I'm looking for ! Simplicity.

Beyond the Candles

[quote=nikim;5118648] The difference is that on chfjpy all TF are in bearish trend, meanwhile on cadjpy the price is stuck between 2 important levels and M allready put a BUOB CT what close bellow the RM. That's right my friend !

Beyond the Candles

[quote=nikim;5117805] If you are trading W, as I said...yes and no if you trade D candles . I trading, the patience and the self-control are crucial requirements, not necessarily to take good trades, but most of all to stay away (keep out) of bad ...

Beyond the Candles

[quote=Milton;5116039] The marked candles (blue arrows) on my D chart are the safiest entries. One of these entries, you'll find it in one of my posts (a chart with entry details-feb11.2011).

Beyond the Candles

Hi Milton sorry for delay ! The market could do only 2 things: trend and RM. In a trend fase, the market is dominated by those who have the market's controll (sellers in bearish trend and buyers in bullish trend). When we are trading the trends ...

Beyond the Candles

[quote=nikim;5110808]If we would have had an account that it shoud allowed us to trade weekly candle, it would have been so great! But since we don't have it, we are waiting a D retracement. This would be so perfect !

Beyond the Candles

chfjpy — The price turns back in the RM. The buyers are trying to defend the R of the RM, but the sellers gave us the confirmation on W. All we have to do is to....wait...wait...wait !

Beyond the Candles

[quote=msmarple;5102740]So why don't you get ride of it ? So it's useless ! You can much more then a channel or a MA !

Beyond the Candles

[quote=Milton;5106198] No, but when the P is in RM and not in a strong trend, the W close becomes crucial as a confirmation . I don't want to look at the MA's, but because of it I can't see the price...and this is not a scalping method ! P.S. I ...

Beyond the Candles

[quote=msmarple;5105310]....It couldn't be simplier than this !...and safer ! LOL. Why did it took you so much ? image

Beyond the Candles