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- fxgroup replied Oct 25, 2011
[quote=msmarple;5067369] What does the last week candle tells you? The inverted pin bar (IPB) at that important level gave us the first sign that we will meet some sellers.
Beyond the Candles
- fxgroup replied Oct 24, 2011
Do you remember this post? Did you had the curiosity to watch the price of this pair? Take a look at the price....TODAY ! Right to our target...and I'm not talking from something from the past, I'm talking about a live planning a trade ! You don't ...
Beyond the Candles
- fxgroup replied Oct 24, 2011
When on higher TF we don't have M+W levels BEEING ON HISTORIC LOWS, the only levels and the most accurate remain the D(in this case the D highs and lows of the candle).
Beyond the Candles
- fxgroup replied Oct 24, 2011
Yes, that is the reason the buyers were stoped, but is not the only one. On your D chart change 0.8648 with 0.8570 and tell me what do you see.
Beyond the Candles
- fxgroup replied Oct 24, 2011
[quote=4xPIPAHOLIC;5063624] Thanks for your kind words and welcome ! I'm really glad that this thread does really help someone. I hope that much more traders will "drink pips" !
Beyond the Candles
- fxgroup replied Oct 24, 2011
The buyers are pushing strongly. Now the price is in M RM. The W close as PA will tell and give us the confirmation if the price remain within RM or the buyers will close above and the RM will act as S to the next levels.
Beyond the Candles
- fxgroup replied Oct 23, 2011
[quote=HITMAN;5064045]My first criteria to identify the S/ R levels is the O/ C of the swings. Someone could ask..ok, but what are the swings that we have to pay more attention? The answer is: in RM we consider the higher/ lowest limit of the range ...
Beyond the Candles
- fxgroup replied Oct 23, 2011
You wasn't disrespectful at all and no need to apologyze, I thank you for your great contribution. The charts are VERY welcome, myself like charts more then words. All I'm trying to do is to show people that trading long TF charts is by far more ...
Beyond the Candles
- fxgroup replied Oct 22, 2011
You are posting charts that are not respecting the rules of this thread ! Only monthly, weekly and daily ! We are disciplined trader so we respect the rules !
Beyond the Candles
- fxgroup replied Oct 22, 2011
There are two types of traders: 1- the traders who trade and take positions on long term in base on higher TF,but with entries in smallers TF,trading the retracements, when the targets and MM are based uppon TF. 2- the traders who trade form first S ...
Beyond the Candles
- fxgroup replied Oct 22, 2011
Put some charts(1 chart= 1000 words) and we will analyse it and practice on.
Beyond the Candles
- fxgroup replied Oct 21, 2011
Hi Mike, nice trade...pls allow me to add just a different perspective as confluence.
james16 Chart Thread
- fxgroup replied Oct 21, 2011
[quote=vladutz112;5057988] If you trade D you have one trade a day, if you trade 30 min you have 48 trades a day...we call this OVERTRADING= the fastest and the most common ways for burning the acounts( not talking about the personal time, family, ...
Beyond the Candles
- fxgroup replied Oct 21, 2011
Page 3...post 36. Pls , could you explain me how all those indicators and MAs does help you in Trading Decision ? For every your single positive reasons, instead I could give you more negative reasons.
Beyond the Candles
- fxgroup replied Oct 20, 2011
[quote=HITMAN;5058751]Maybe a chart like this(and I will show you even more), will make you change yor vision ! We have to accept the price, we don't have to trade every candle or to pretend to understand the market all the days, we are intersted ...
Beyond the Candles
- fxgroup replied Oct 20, 2011
I used myself for a time the MA, but I quit in the moment when I decide to understand the price in base of buyers and sellers. You will find many entries using MA, but the MA will don't say why or where the price is going and why is going there. In ...
Beyond the Candles
- fxgroup replied Oct 20, 2011
[quote=forja;5057673] M-strong buyers inside the RM in process. W-DB, buyers closed above the last LH(lower high) and above the TL(trend line) that controlled the price for the 59 weeks(08.08.2010) and the price in W channel D-bullish flag+ DB
Beyond the Candles
- fxgroup replied Oct 20, 2011
[quote=HITMAN;5055769] I use elements of market dynamic, market psychology and volatility, that it will be explained later, but the best and safiest way is to wait first the higher TF confirmation and only after to wait a D retracement (RET). No, ...
Beyond the Candles
- fxgroup replied Oct 20, 2011
Hi vladutz, Yes you are right, every trend in a TF could be a retracement in a higher TF...but...we are trying to identify the end of a D trend(as retracement) and to wait the D to turn in higher TF direction in able to keep the trades as long as ...
Beyond the Candles
- fxgroup replied Oct 19, 2011
PTT& TTP — Here is an exemple of how I read a chart, but most of all how I plan a trade. The safiest entry is after the weekly candle closed.
Beyond the Candles