Thanks for explaining the original thought on that SP. I am trying to work out what actually happened at this level on H4 and am floundering a little. Possibly bar 4 testing the low and then filling the space created by the close below and the level ...

HCR-LCS + SFP Research thread

It is but, the SFP bar closed as a PB making the entry too far from the SFP for my liking. Also, I am not sure about how reliable the SFP is going to be when you start aggregating the time frame like that.

HCR-LCS + SFP Research thread

On the face of it, it appears to be the same error I made on #SQ3, entering before the close.

HCR-LCS + SFP Research thread

I don't think there is any need to say that this person is not true. Different opinions are good and create diversity, without which, there would be no market.

james16 Chart Thread

This is IMHO a Great, Great Post and really resides with what I have recently been learning or rather I should say, Ghous has taught me. It is not only the system but our belief in the system that makes any of them work. This also resonates with the ...

james16 Chart Thread

Thanks Mike, that is a truly and utterly believable explanation, you gave which I regard as extremely highly as one of the great truths we can come to understand in this business. Truly thanks. I have been studying Global Macro Economies & ...

james16 Chart Thread

I want to hear from Mike, the basics of what he learned from DS about the order flow. Sure, PA is an expression of the OF but, I don't think it is as close to the bone, as it could be. Excuse the rant but, I am really, really interested in what Mike ...

james16 Chart Thread

Why did you use PA as the entry in this trade? H1 PA is not really a factor in this type of trade, the entry is a pure TT of the level. Mixing these systems on the H1 tf will, IMHO not really do you any service. I also did a similar thing and regret ...

james16 Chart Thread

This is on my watch list

HCR-LCS + SFP Research thread

Interesting SP on EG. However, the lack of space would concern me. The Hourly, showed a nice IB. But, I am still sitting on my hands for a good Daily setup.

HCR-LCS + SFP Research thread

Yeah, that was me, jumping in before the bar closed. Due frustration from sitting on my hands and watching the #SQ3 chart too much. Just goes to show that, as they say, we should "Trade what we see & not what we think".

HCR-LCS + SFP Research thread

You can find some of my old posts on the PF, in Seeking Lights thread about the base system. On the profitability question, I am starting to become more profitable recently, with looking at the bigger picture. Yes, I am sort of combining HCR with ...

james16 Chart Thread

I would not mix the Daily SFP with an hourly signature. The two are completely different in my opinion. The Hourly or 4 hour close above or below is more to do with the HCR LCS of a Monthly or Weekly level. Yes, you can use the Daily levels but, the ...

HCR-LCS + SFP Research thread

I must be missing something here as, it closed below the level? Still, it has more space going for it, than the #SQ3 setup I jumped the gun on.

HCR-LCS + SFP Research thread

Yes, indeed. I am just thinking about it and am thinking it was sitting on my hands for 10 days watching the 1326.50 area so much that, I saw it trigger. Even though it did not in fact trigger, it just broke the low.

HCR-LCS + SFP Research thread

It behaved as I thought it would. The daily has yet to close but, even if it closed below the SP, I will pass.

HCR-LCS + SFP Research thread

I would look at it more like this.

james16 Chart Thread

Ghous I am thinking our reasoning for passing on a trade are equally if not more important as the reasons to take a trade. The charts shows, why I am not considering this one. Your comments on my logic, both good and bad, are greatly welcome.

HCR-LCS + SFP Research thread

Possibly Mike, is talking about a different bar, or at least it looks like it, looking at both your charts. If you are talking about the bar, I marked, I believe it went exactly to where we could reasonably expect it to from looking at the bigger ...

james16 Chart Thread

Thanks Ghous Just cut #SQ3 loose for a loss, after the close below the level. It was going against that massive Monthly BEOB albeit at a SL.

HCR-LCS + SFP Research thread