Hello Guys, Let me share the trade I just took on the USDJPY. Price hit the bottom at 97.15. A piercing pattern at 6:40 started off an impulsive move that made price close above the flat top of the kumo. The corrective move that followed was held up ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Great vid. Thanks for sharing your thoughts on Implicit Divergence.

Mastering the Art of Trading

Hi ghous, The highlighted phrase is the very essence of this thread. Please correct me if I'm wrong.

Mastering the Art of Trading

Got the message loud and clear.

Mastering the Art of Trading

Wonderful tip. Kudos to you Quidsey.

Mastering the Art of Trading

Hello Guys, is there any difference between a fakeout and a failed breakout?

Mastering the Art of Trading

Hmm.., I'm sorry but I didn't suggest that you missed the set-up. I merely stated that, to me, that was a fakeout there occurring at UCHF. Here's the chart below with my thoughts on it. image

Mastering the Art of Trading

Hi LamerTrader, It's going to be EG and UCHF for me. Best of luck to us.

Mastering the Art of Trading

Hello cougar73, You said it well. Imho, given that the bar ended up with a longer wick means there are still buyers willing to push price up higher. I am particularly interested on what will happen in the 0.9415-0.9450 zone. Price action at this ...

Mastering the Art of Trading

Hi Pinbar, A fakeout did occur as explained by cougar73. The week ended up with the bears taking profit. But the bottom wick could also suggests that there are still some serious buyers at 0.9350 that sellers were not able to penetrate. I 'll be ...

Mastering the Art of Trading

Points well taken. I will have this pair in my list this week. USDCHF too.

Mastering the Art of Trading

Thanks for the reminder Dr_Zulu.

Mastering the Art of Trading

Thank you for the welcome sir. I'll definitely enjoy my stay here.

Mastering the Art of Trading

Thank you very much for the warm welcome ghous. My thought on the EURGBP. Are you not concern with catching a falling knife scenario with this set up? Looks like some bears cornering profit than a fakeout to me. The distance from the ...

Mastering the Art of Trading

Hello ghous, Pinbar, and everyone in here. I have been lurking here for quite sometime and I find this method very interesting. I like the rationale behind a fakeout that's why I 'm excited to be here. I hope I am welcome here. Kudos to ghous for ...

Mastering the Art of Trading

I went for the EURAUD pair gunning for a 4.5:1 reward to risk ratio on the 1st position... image

Price Action, Pro, And Ichi Trading with 2ndskiesforex

USDCHF — Though admittedly this is not a very good set up I'm sticking it out with this pair... Weekly TF:

B.S. Trading with Kenneth Lee

As I see it, price is currently in the supply level at the 4hr chart and I’d expect a reaction to the downside somehow. But I have to agree it is a CT trade.Thanks for pointing it out.

B.S. Trading with Kenneth Lee

Nice find there buddy. Are you in now? Mine is sitting at 0.9525. Let's see how it goes...

B.S. Trading with Kenneth Lee

I've learned this aspect of TF difference at Pip Easy's thread ...

B.S. Trading with Kenneth Lee