- Search Metals Mine
- 22 Results (1 Thread , 21 Replies )
- lemppari replied Jul 29, 2021
Literally forgot the existence of this thread, lol. Biggest change is that I've taken a step back with the horizontal lines. It's easy to analyze those afterwards, but not too easy to find the valid ones day after day. Also came to the conclusion ...
- lemppari replied Jun 9, 2021
Here are two possible trades that I would have taken during today's trading session (I didn't have time to trade). However, the first one lacked the volume that I prefer in such setups. Normally, I prefer to see lesser volume after an SL hunt ...
- lemppari replied Jun 9, 2021
Maybe I shouldn't be so interested in figuring out why markets behave the way they do. To see things as simplistically as I'm trying, there must be too many variables to make it possible. Today was a great example of how valleys may provide a lot of ...
- lemppari replied Jun 8, 2021
I draw two lines to represent the high volume area on this peak. I was curious to see how price would react if it returned to that zone, because I couldn't see any structural reason for volume to be so high there at the time. On Friday, the price ...
- lemppari replied Jun 7, 2021
That makes sense, thanks for the insight Rick! It was interesting to see how the overnight inventory drove up the price to the highs of the peak where there was no more buying, again. The next day, it doubled the previous day's range and created a ...
- lemppari replied Jun 2, 2021
Today was a mystery for me. Why did the highest volume occur at the top of the swing? Also, why did price trade inside this range for the rest of the session? Did they clear market of limit orders above the opening price? See how once again there ...
- How and why do markets move, and how can you profit from them?
Hey guys! I want to begin by saying that all opinions are welcome and I hope that this might spark ...
- lemppari replied Mar 8, 2021
Great trade needtolearn! Hope you held it longer than 10 pips. I actually have a question for Laura about EU today. Do you use price patterns as confirmation in entry or closing trades? F.ex. on the EU m5 chart, price formed an ab=cd (at least I ...
- lemppari replied Feb 23, 2021
Hey Laura, really appreciate what you’ve done here! I’ve been following this thread for a while now and seen some great changes in my trading, all thanks to you! I was just wondering if you or anyone else could give me feedback from WTI long that I ...
- lemppari replied Oct 16, 2020
Should have seen this AB=CD move.
- lemppari replied Oct 16, 2020
I was aggressive with my SL because it was a counter trend trade and price had difficulties to break to the downside. I rather protect my wins with BE trades, because the percentage of trades that will turn in my direction after PA like this are ...
- lemppari replied Oct 16, 2020
Shorted DAX. Anticipating some long position selling from London traders. Update: moved SL to BE because price is having hard time to break the up trending channel. SL hit, BE.
- lemppari replied Oct 16, 2020
Here you can see once again the w shaped bottom with the right v lower than the left one. Usually its better to draw the retracement from the left side of the w to the right v low. But here the price didn't respect that, so I changed it to the left ...
- lemppari replied Oct 16, 2020
Pretty mad that I missed this trade. I didn't want to chase the price so I was waiting for price to retest .272, but it never did. The problem with trading just 1 or 2 instruments is that if I miss a trade it can have a huge difference. in days ...
- lemppari replied Oct 16, 2020
Even tho I'm a bit sceptic to buy EU right now, it has developed a strong retracement here. Multiple tests on .272 and having a strong move up. Missed the initial entry, but I try to jump in later with lower tf. Also here's a chart from EURAUD where ...
- lemppari replied Oct 16, 2020
Here's the most recent trade I did take. It's not pretty, but luckily I got into the trade before it continued up. Price action is showing some strength in buying so pretty confident, at least for now. When price makes new highs I'm going to move ...
- lemppari replied Oct 15, 2020
One of the reasons why I like this style of trading is because you can take trades in the both ways without having to have huge risks. I usually move SL to BE when price closes second candle above .739 area. (here I missed the entry on EU short but ...
- lemppari replied Oct 15, 2020
Right know DAX is untradeable. It came all the way down to the 2.272 area but didn't give any pullback to draw a new retracement from(1st. pic). I had to zoom out to H4 chart to find a more clear direction of the price. Let's see if the price will ...
- lemppari replied Oct 14, 2020
Here's a good example of a 2.272 area that didn't hold which was easily predicted because of the swing drop from .272 to 2.272 without any relatively big pullbacks. One could have drawn a retracement to anticipate a turning point at the 2.272 area ...
- lemppari replied Oct 14, 2020
url Here's to most recent retracement drawn from EU. I tried to illustrate with trendlines why I drew the retracement at just that point. Here price took a big bounce up from the 1.739 area and even broke 1.272 area before returning to the zone. ...