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Pinbar replied Jul 11, 2013Ok Ghous. 1: So, you are using the SP as we would in an SFP, just that it was not an SFP because price closed above the SP? 2: You are waiting for the next bar to close and watching where it closes? If this is correct, I will continue? Please see ...
HCR-LCS + SFP Research thread
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Pinbar replied Jul 11, 2013I will go back and read your posts on the GU. EDIT: Ok, so I am thinking that, the GU is basically a Daily SFP and validated in the same manner. Just that you are not using the ATR SL. And apart from you just mentioning you look for a long wick on ...
HCR-LCS + SFP Research thread
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Pinbar replied Jul 11, 2013I am not sure what it is you don't get. The Matrix (Pun) quote about artificial manipulation of the markets or, the chart? Thanks for your detailed explanation as to why you changed your trading. Still not sure how you are entering, are you touch ...
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Ah, I see. Well, if price gets back up that far, it is going to put it back inside the channel. I don't like trading channel like that once it has already broken out and retracted to the high. It as you say, an S&R or PPZ area but, there is no space ...
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013I have got to learn this patience and chilling on the daily chart, without flipping TFs like pages of a girlie magazine.
Please teach me how to go about this Ghous!
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013I have been thinking about What Ghous was saying about filling in the wicks, all the time I was driving to the airport at 120 Kph. Life in the fast lane. Not sure if, I am going off track here or even convincing myself of a phenomena that is not ...
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013You mean the area with the purple line on my chart? The short side of that swing, right now, is just too small. Also, note the lack of space to the FTA and these consolidation boxes on the left.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013My Brain hurts as it has been trying to get a handle on the fake out-Fake out. But somewhere a dim light glows in the darkness of my mind &, it thinks,"You can feel it all around you, when you pay your taxes"
Certainly is an orchestrated ...HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Well, for a start, the Basics of SFP setup is that, the SFP bar must close above the swing low, not just on it. If we look at the bar you chose, we can see that the SL should have been 35 pips + spread below the bar. It did not fail if you had ...
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Great stuff Ghous and many thanks for your time in explaining this in such detail.
It is 5:30 am and my mind is still not awake so, I shall ponder this and get back to you with any questions, on my return this afternoon.HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Thanks Ghous, appreciate it. Take your time as, I have to crash out. Got to take my wife to the airport early tomorrow morning. Thanks again and look forward greatly to a new way of looking at things.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013I realize it is a slow jacking up so they can buy more without putting the price up. But how can we differentiate between this and genuine weakness where, price hangs around a level before breaking through.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Mmm, I could easily confuse the sluggishness around a level with weakness and not see the bigger picture there. More stuff to think about.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Thanks for the kind comments Ghous. If it doesn't Bham, I always think the level is suspect. I shall work on this.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Hey, Ghous & Helius If you are still in the GU trade, you are almost at TP. Good job. You guys are braver than me. When I saw it dithering, that was it.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Redid the front page. Took the indicators off. People don't need them and will only ask questions about how to use them. Variety is the spice of life. Every time I see a post of Lamertrader, I confuse the chart with my own. Drives me nuts.
HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013My you have put some weight on. That's what popcorn does for you.
I know its not you.HCR-LCS + SFP Research thread
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Pinbar replied Jul 10, 2013Yeah, without understanding the order flow we may as well flush our money down the toilet.
HCR-LCS + SFP Research thread