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- fxgroup replied Nov 4, 2011
[quote=Milton;5102140][quote=fxgroup;5099457] Your PB is a D candle during the W forming. So you've taken a trading decision without waiting to have the W confirmation. If you have wait the W close, you have seen the W close as a PB at our level and ...
Beyond the Candles
- fxgroup replied Nov 3, 2011
[quote=msmarple;5100782] You find the reason why the P stalled betwen those levels. What do you see on W ? P.S. One question please...how does help you the channel in your trading decision? I dont want you to think that I have something against it, ...
Beyond the Candles
- fxgroup replied Nov 2, 2011
[quote=nikim;5096590] Hi nikim and welcome ! I edited the first post where I put the terminology used for this thread.
Beyond the Candles
- fxgroup replied Nov 2, 2011
Using good levels, but most of all a good interpretation of the P, we could have an early advantage in market. M-important level W-RM D-the buyers pushed the P out of the RM, the sellers try to defend the level, but the buyers with a PB, give us ...
Beyond the Candles
- fxgroup replied Nov 2, 2011
[quote=decades;5093995] Yes, you're right...it doesn't necessarily has to be a swing high or low. The levels what make swings inside the RMs and not only, generally the levels what reject buyers and when the buyers close above these levels act as S ...
Beyond the Candles
- fxgroup replied Nov 2, 2011
[quote=decades;5092346] Here it is ! P.S. What else do you see at this level ?
Beyond the Candles
- fxgroup replied Nov 1, 2011
[quote=Milton;5090311] I'm sorry if you understood my post in that way, my intention was a different one, I just want to show the importance of the O/C and not to prove that a D level is more important than M/W. The M level that is able to stop a M ...
Beyond the Candles
- fxgroup replied Oct 31, 2011
[quote=Milton;5084539] I read another time your post and looking at the chart I realise how important are the O/C of the candles/swings but most of all why I use it so much !
Beyond the Candles
- fxgroup replied Oct 31, 2011
AUDJPY — AUDJPY is in a clear, nice range market on M chart. I know that are missing just a few hours to M candle to close, but generally this is what I see about this pair. WPD= RM WPG= the buyers helped by the strong buob( and 2MPB) are ...
Beyond the Candles
- fxgroup replied Oct 30, 2011
I will be VERY onest with you ! I think that IF I would regret every 200 pips that I didn't catch in a swing move, I should quit trading or I would trade under a pressure that it could ruin my health. The psychological part in trading it is a very ...
Beyond the Candles
- fxgroup replied Oct 30, 2011
After the PB at 3.1015 as sellers confirmation, nothing could have stop the price to reach to 2.3632.The price is the price in every market on world. Now the price wuold reach again 2.3632 where you will see a small consolidation, beeing only a ...
Beyond the Candles
- fxgroup replied Oct 29, 2011
[quote=msmarple;5083696]Thank you for the continued chart examples - A few days ago I was talking with a trader friend about the pair nzdusd and I said to him, on M chart I see HL and HH meanwhile on W chart I see LL+LH..so..for me..in a bullish ...
Beyond the Candles
- fxgroup replied Oct 29, 2011
This is another exemple of how we read the price with this methodology. WPD-Weekly= range market. The prise get out fo the RM and retest it with PB as buyers confirmation (double bottom also-DB-). WPG-the 1° target is a clearly S/R level.
Beyond the Candles
- fxgroup replied Oct 28, 2011
A retest of 1.6 for some buyers will push the price up to the triangle.
Beyond the Candles
- fxgroup replied Oct 27, 2011
We put this post few weeks ago..let's see the same pair today. We said that the weekly candle will say if the price turns back in RM weekly and the S level of the RM will act again as S for a price's evolution to the RM's R(resistance). The price ...
Beyond the Candles
- fxgroup replied Oct 27, 2011
Today the candle looks allready different. This is one of the reasons why we have to wait the candle's close.
Beyond the Candles
- fxgroup replied Oct 26, 2011
All the market analyze are made ONLY with the candle CLOSED. We HAVE TO wait the W candle's close in order to see if the buyers could take the R's control or the sellers could still keep the price into the RM. I know at this moment the W candle ...
Beyond the Candles
- fxgroup replied Oct 25, 2011
This is a clear exemple of one of the advantages of this methodology. How many traders would have traded that BEOB as PA candle of the yellow range market....but reading the price in weekly chart, we allready know WPD+ with the PB at the RM R that ...
Beyond the Candles