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- pecas replied Feb 1, 2013
Down to M15 chart: price was rejected by the area, and now I'm trying to spot a no demand pattern. The problems are that: -volume is low at the moment -in 50 minutes there is an important data release on GBP (manufacturing PMI) I would wait after ...
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- pecas replied Feb 1, 2013
GBP futures is inside an area of interest; daily supply zone with a trendline cluster and FIB extensions all the way. I'm trying to spot VSA patterns for an entry point right now. Although the zones I drew might seem too large, they're right on a ...
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- pecas replied Jan 30, 2013
Thanks Rocky and TraderinSD, I agree on your thoughts. I think there is competition at the higher levels, but also solidarity. Probably everybody wants to be the best, but at the same time, everybody wants to keep their privileges (and they have a ...
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- pecas replied Jan 29, 2013
My interpretation: institutions probably start a a down move themselves, removing their buy orders to make the move easier and selling some contracts at market to "mark down" the price. Through this test, they can see if there is no interest for ...
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- pecas replied Jan 25, 2013
EUR went 1 tick from my stop, then retraced. In the end I closed the trade with a 9 tick loss. CHF went 5 ticks from my target, then I was stopped for a +15 ticks profit. Like I said, long way ahead... Unless rocky wants me to post my setups, I'll ...
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- pecas replied Jan 25, 2013
Thx for your comment; I know I still have a lot of work to do, but nice to know I'm on the right track.
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- pecas replied Jan 25, 2013
Another setup on CHF; trade taken:
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- pecas replied Jan 25, 2013
Hi Rocky, I'm a great follower of your thread, although I didn't show up but a couple of times, in periods when you were taking a break. The amount of work you sustain to explain your setups is awesome, can't say how much I thank you, and I think I ...
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- pecas replied Sep 12, 2012
I was lucky with my trade. With price stalling, I decided to place a limit order at 1.6066 (lowest price I had seen before futures close), and it was filled at open. During the night, I see GBP never went below 1.6064. Probably I was trading too ...
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- pecas replied Sep 11, 2012
Here's the Aussie 4 hours chart: we have a wide daily supply zone (in blue) which contains two 4 hours supply zones. We have two FIB extensions and one FIB retracement inside the daily zone (all these FIBs have been taken on the daily chart). If ...
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- pecas replied Sep 11, 2012
Thanks for commenting, vitall. I watched all Sam's videos long time ago, and I'm quite expert at it; but if you use all the possible s/d zones (what I did to start with), you end up tossing a coin; this thread shows invaluable informations about how ...
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- pecas replied Sep 11, 2012
Update: with more patience, I might have sold for a better R/R ratio, but hey it's my first trade: image In case you're wondering, yes, I traded this for real money as well, on my IB account: image
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- pecas replied Sep 11, 2012
Trade taken (mirus Futures, demo account) at 1.6073. Going to place a stop at 1.6090 above the fibs, target around 1.6045 where is the closest supply zone in the 10 min chart. image
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- pecas replied Sep 11, 2012
I might have missed this. Here is the Daily chart, you see GBP is now well inside the supply zone: image In the 4 hours chart I like the declining volume while price is approaching the supply zone: image Down to the 10 minutes chart, I like what ...
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- pecas replied Sep 11, 2012
I'm going to take the trade posted above (see post 1374), scaled down to 10 min chart and I'm seeing an interesting pattern in VSA. Sorry but will post the screen shot later.
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- pecas replied Sep 9, 2012
I took my time to go through this very interesting thread. Many thanks to Rocky for starting it and keeping it alive, it really contains invaluable informations. Here's my analysis for British Pound futures daily chart. As you can see I identified a ...
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- pecas replied Sep 7, 2012
is anybody considering this supply area on EURUSD? image
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