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- Faraon replied Apr 9, 2020
All this lines are representation of human psychology - also called as herd behaviour. You should rather ask yourself what is the price behaviour when it's get at the line and how to take advantage of it.
- Faraon replied Apr 6, 2020
I took only 40 pips on GU, but example is pretty good in my opinion; price reacted just like in clockwork.
- Faraon replied Mar 20, 2020
Exit at +82, guess not this time. Good call with H1.
- Faraon replied Mar 20, 2020
Let's see if they push price lower.
- Faraon replied Mar 19, 2020
Look at this picture and then look at that I posted before. 1. It was New York open. 2. Price was near 50% slope of 1/2 angle that was recently crossed by 1/4 angle (meaning something may happen here) and 50% of last big swing. 3. Entry, same as in ...
- Faraon replied Mar 19, 2020
DE30; looks like +270 pips? I'm not sure.
- Faraon replied Mar 18, 2020
You are a "groupie" now buddy, there is no way out!
- Faraon replied Mar 18, 2020
That's a badge of honor, I guess, hehe. This guy must have some insecurity problems; I never went into one of his threads and disturb him, I did not send him PM or do other stupid things. And I never ignore anybody if I don't have strong reasons, ...
- Faraon replied Mar 12, 2020
I think it is.
- Faraon replied Mar 12, 2020
This is just crazy; gbpnzd +90.
- Faraon replied Mar 11, 2020
Gbpnzd +24 and +26; multiple opportunities, but there is still one problem - execution.
- Faraon replied Mar 10, 2020
Again, not so great entry (but there was opportunities to take smaller profit); gbpnzd +50 pips.
- Faraon replied Mar 9, 2020
This volatility is a little scary, but I still can't get enough of watching how this lines are respected.
- Faraon replied Mar 9, 2020
I must be the luckiest man on earth; first +46 pips TP on asia open despite very sloppy entry, then +53 pips in London session closed by hand in a matter of seconds after the opening of position. Anyway, I'm done for today.
- Faraon replied Mar 8, 2020
Everyone should draw conclusions on their own, I just put this picture to highlight something.
- Faraon replied Mar 6, 2020
Today scalps gbpnzd: +31, +3, +16, +7 = 57 pips. The amount of missed opportunities and pips left on the table is outrageous, I need to concentrate more.
- Faraon replied Mar 4, 2020
Did you read jenkin books? Circle, angles, lines don't mean anything on their own, it's just a tool to show potential turning points. Let me ask another question; Are you familiar with Mark Douglas work? video
- Faraon replied Mar 4, 2020
Look at this.
- Faraon replied Mar 4, 2020
It was a nice setup on gbpnzd this morning, but I missed it.
- Faraon replied Mar 3, 2020
Gbpnzd +100 pips; these lines from high and low seems to work pretty well.