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pipsr4kids replied May 12, 2009Trading w/smart money — I've outlined the times of low volume which coicendently are between 20:00-04:00GMT, Which is the tail end of the US Session and the Sydney/Asian Session. So knowing this you can realize that without professional ...
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009Selling Climax.Professional Support (by Tom Williams) — This action is very similar to a selling climax but is less intense – the reverse up-thrust can be thought of as a mini 'Selling Climax’. There will still be a wide spread down-day, often ...
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009EUR/USD Uptrend — Well like I mentioned earlier, I'm predicting a continuation of this bullish trend, based on the closing volume on the daily chart it's higher then the 30 day average and we have an increasing spread on an upbar. I'm waiting ...
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009EUR/USD Uptrend — I've been watching the action on the EUR/USD daily chart and thus far it has surpassed the halfway point in terms of volume then the previous day also the spread on the daily chart is also higher. If I could make a guess I'd ...
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009Im taking a nap see everyone in 3hr(US Open) — Will return in 3 hours.
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009Trading w/smart money — On my standard account, I captured a few pips, trading the pairs I'm waiting for a reversal again to get back in on the pairs,but then again, well see b/c I still have a strong feeling a reversal could be happen during ...
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009Feel sorry for those that got locked in on that upthrust!
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009Upthrust (by Tom Williams) — Weakness was apparent in the background, as you know upbars represent weakness and an upthrust is the beginning manifestation of the weakness on the chart. Up-thrusts can be recognized as a wide spread up during ...
Trading W/ Smart Money
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pipsr4kids replied May 12, 2009Well sadly, I missed my opportunity to get in the pair on my mini account, looks like this is defying gravity, well that happens. Well see if we get a pullback during the US session, which I'm expecting which would give me another potential ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009Absorption Volume & Trendlines (by Tom Williams) — If you observe high volume on a down-day (or bar), as it nears or touches the lower trend line, then this is selling pressure, but if the next day is up, it must show that the high volume ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009Trading w/smart money — Well I've added to the chart, the start of the London session when the smart money comes in, coincidentally the volume on the Asian is beginning to die down. We know that a market can only advance so far with out ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009Further Understanding Volume (by Tom Williams) — Volume is not difficult to understand once the basic principles of supply and demand are understood. This requires you to relate the volume with price action. Volume is the powerhouse of the ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009SHORT GBP.JPY — I'm still short this GBP/JPY the fact is that I was late into this trade, were I plotted the yellow arrow would have been an ideal spot b/c, but if you check my prior post I shorted this pair earlier for profit. The signs where ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009great move, hey what you can do to post your chart is to save the picture on your meta trader and then you can upload onto your response using attachment.
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009This movement was destined to happen b/c professional buying dried up about several hours prior to this movement, so that would have been an excellent trade for you!
The loser's thread
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pipsr4kids replied May 11, 2009Trading w/smart money — I would suggest plotting your tick volume so you can actually view the movements of the professionals within the market, you can't tell how long or to what degree a trend will occur is you don't know the volume or ...
The loser's thread
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pipsr4kids replied May 11, 2009EUR/USD Reversal — I've posted some charts, regarding the weakness of EUR/USD down move, which lacked true professional support, and therefore it's destined for a rebound on the next trading day. You want to look at 15M to check for an exact ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009Trading w/smart money — I've found the same issue with the GBP/JPY another fluke in this down move, the spread is very low on this down move and thus far the volume is much lower then 5 previous days. I don't see any real support in this down ...
Trading W/ Smart Money
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pipsr4kids replied May 11, 2009Trading w/smart money — I'm watching the daily chart on USD/CHF. What I'm noticing is as of right now it looks as though professional support may not be supporting the current moves in the pair. Check out the spread on the USD/CHF is higher ...
Trading W/ Smart Money