Hi Onra... PFH= Peak Formation High PFL= Peak Formation Low Amount of overshoot is not important in the sense of the formation... I only look at the Momentum candles going into the formation and the candles as the finish the formation. Increasing ...

Flying Dutchman

First targets = Gold ...very true Pete and something many miss... Which is Exactly how I have devised my methodology of US session Indices trades.. first target is gold the rest are gravy..if you can hold them.. First day of the month is a story ...

Flying Dutchman

With enough screen time and the "correct knowledge" one begins to have an understanding of "Momentum" Now I have seen Pete refer to "Thrust" candles... On the charts I will show here you see Large 15M bearish candle coming into the weekly low.. ...

Flying Dutchman

image image Well done Ihlas... I really dont trade currencies mostly indices...But I see this is a trade I would have taken myself. We have a 3 day rise Mon Tues Weds which culminates in a PFH peak formation high... A typical 3 day/Wednesday ...

Flying Dutchman

Congratulations Zoltan! Well done....and I have to say this publicly that I am so happy that you went to surprise your Mom ! To be able to live your life on your own terms...and to travel to see your loved ones...that to me is the essence of trading ...

My way to highway

Great charts BW and the context you have laid out can be successfully traded with simple PA knowledge techniques. It simply amazes me the power of the DOL WOL highs lows sessions etc. They are the main guts of "the program" IMO...and everything can ...

Flying Dutchman

I got my toes in the water, ass in the sand Not a worry in the world, a cold beer in my hand Life is good today, life is good today..... Toes : Zac Brown band Sitting on the beach the other day in Mexico listening to this song And yes my toes are ...

What kind of music you hear while you trade?

Not sure if your referring to Trader Tom Hougaard. But the real Trader Tom runs a telegram and never asks for money.. The channel is free.. He has a new book coming out soon on Amazon that costs money... He occasionally holds seminars ..and some ...

Flying Dutchman

90% of trading success is in your mind, not in the charts. 90% of traders problems are psychological 90% of traders fail... Coincidence? Nope... The Traders Journey: 1. Fail 2. Fail 3. Fail 4. Learn about psychology 5. Win Amateur Traders > Predict ...

Flying Dutchman

Simplicity at its finest E !!! IB's DBs DTs Engulfing candles.... All CAN work EXTREMELY well as long as coupled with intelligent MM But none of these or MM is sexy like a fancy schmancy indi lol... Cheers Blue

CAD/CHF

Thats trading ! My trading methodologies and my mind is focused on Executing Probability scenarios/setups and controlling risk. If I am wrong whether in analysis or a trade...I simply accept that by losing I have landed on the wrong side of ...

Flying Dutchman

Just opened up FF and this thread..then looked at cadchf.... Well done ! And that right there cancels the cup and handle Cheers Blue

Flying Dutchman

I dont trade the cadchf and really only stick to US Indices... But I had a look at the chart out of interest.. Several things stick out..first is the huge line in the sand at 0.7800 stretching back to Jan 2014. Then is the 2 recent highs that have ...

Flying Dutchman

WOW...what a chart..having looked at cadchf in years... Thanks for bringing it up !

Flying Dutchman

“Weakness going into a weekend” I wrote about this pattern 3 months ago. Heres the link... https://www.forexfactory.com/thread/post/13932169#post13932169 So just a refresher on this Indice Pattern.... Friday trades closes below Thursday. We want to ...

Flying Dutchman

They are were only levels of interest. Just done by hand looking at previous PA and BRNs (ex. 4500.00) on Daily and 4 hr. All were used for short setups. No calculations or indis only eyes and patterns. The only calculations I do are some simple ...

Flying Dutchman

I was targeting the low of the 2-4hr May 20 bars...but my timing was off. But time presented an even better setup than i had anticipated.. Timing off target hit....Timing is always the tiger Anyways heres a couple of screenshots back when I was ...

Flying Dutchman

Good Morning Pete,,,, Saw this screenshot of yours and immediately reminded me of a trading pic i have that describes one of the ways I am viewing the market.... And it aligns perfectly with your chart. As you say Pete..exactly the same amount of ...

Flying Dutchman

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Flying Dutchman

image Where are you trading from ? Are you caught up in the wash? Getting rinsed out ! Where does the smart money trade???... Well they dont trade in the wash. They trade from OUTSIDE the washing machine,,,not INSIDE. Trading from the outside/the ...

Flying Dutchman