Ghous, Thanks for all you have described in this thread. I think I am lucky in the sense that I saw this thread within few days of its inception. My strike has been quite high using this method and I can only credit you for my success. Its still ...

Mastering the Art of Trading

NZDCHF Neytiri

Mastering the Art of Trading

30 y T- bond Intraday 4 hr fakey Neytiri

Mastering the Art of Trading

Hey digu, I have thought about that too. Right now I don't want to miss a trade. Neytiri

Mastering the Art of Trading

Soyabean 4 hour fakeout 1. double bottom 2. price gaps below the LLS and then closes above to form a huge BUOB, fakey bar formed 3. MACD divergence Neytiri

Mastering the Art of Trading

Hi Ghous, I did not take an entry immediately after the fakey pinbar was formed because I was wary of the consolidation box in the left. I thought that price might just get trapped in that zone or might move down due to previous downward momentum. ...

Mastering the Art of Trading

1. 9th oct - daily fakey 2. 10th oct - price broke out of the trendline and closed above 150 ema and the brn 15000 3. 4 hr chart - price closes above the high of the consolidation box followed by retest of brn 15000 4. MACD divergence on daily chart ...

Mastering the Art of Trading

Thanks for pointing that out. It is so important to take each and each every ppz into consideration. I have observed that in my excitement to put on a trade, I ignore certain obvious ppzs. Neytiri

Mastering the Art of Trading

GBPJPY 1. weekly fakey 2. daily - price closes below the HHR and then retests the HHR 3. 4 HR - price closes below the low of the consolidation box and brn 155 Neytiri

Mastering the Art of Trading

avafx

Mastering the Art of Trading

Ghous, This will wipe out a person's account. Is it legal? By the way, which broker do you use for live trading? Neytiri

Mastering the Art of Trading

This is a trade I am currently in: GASOLINE 1. 4 H fakey 2. price formed huge buob and closed above brn 2.6 3. placed a stop order few pips above the high of the buob bar 4. target 2.64 or the trendline 5. major concerns - price has been trending ...

Mastering the Art of Trading

Hi Oak, Saw your post just now. That is exactly what I did I never had the retrace entry in mind, but when I saw the retrace happening, I made an entry immediately. I placed the stop loss above the high of the 8 hr pinbar. Right now my stop loss ...

Mastering the Art of Trading

Hi Ghous and everybody, I am in this trade now. 1. Weekly fakey 2. 8 hr chart - price closes below brn 156 followed by a retest 3. sl 156.1, target -154.3 4. major concerns - consolidation at the extreme left may mess up the trade, yet took it ...

Mastering the Art of Trading

WTF. Look at what happened in XAGUSD (Alpari). Flash crash. Nothing like this seen in charts of other brokers (LQDMetatrader, AvaMetatrader). It would be disaster for those who were long. Neytiri

Mastering the Art of Trading

My position size will be ultra small if I make an entry simply using the weekly chart. So I am waiting for price to retrace to the weekly HCR. I will enter short if I get price action on the daily chart. Neytiri

Mastering the Art of Trading

WEEKLY GBPJPY Fakeout with divergence. 1. Price makes a strong close above the HHR followed by two weeks where there is lack of momentum 2. Last week the bears have kicked in big time. The beob completely engulfs two previous bars and closes below ...

Mastering the Art of Trading

I entered after price broke out of the flag formation in the 4 hour chart. FTA - brn 220

Mastering the Art of Trading

Guys please have a look at USDHUF. Charts coming soon Neytiri

Mastering the Art of Trading