- Search Metals Mine
- 511 Results (498 Replies, 13 Comments)
- Pumi replied Aug 24, 2020
I think he might have considered the stops and the liquidity gap/void.
EURUSD only
- Pumi replied Aug 16, 2020
I can say don't look at the Fib levels in isolation. Go back to the Targets theory that George showed us in the first thread. Draw the horizontal lines on the Old Highs/Lows (peak/valley), as well as highlighting the liquidity gaps, and observe the ...
Price action at the core = family members' discussion project
- Pumi replied Aug 12, 2020
Are you new into Forex or trading? I can say stay away from indicators, except the price chart and volume, until you have studied and practised price action. It is better to use indicators when you understand price movement. It is very easy to ...
Any indicator that tells when Choppy/Ranging starts/ends?
- Pumi replied Jul 31, 2020
Now I can understand when George says there is no Support and Resistance. Price reaches for the target that is beyond Fib 127 level (a reference point).
Price action at the core = family members' discussion project
- Pumi replied Jul 17, 2020
Michael Huddleston (ICT) uses Fib -0.27, -0.62 and -1 as one of his Fib targets. I used to wonder why specifically those numbers. Did he thumb suck? No, it can't be. Those levels gives you roughly the same targets as George's Fib 1.27, 1.62 and 2 ...
Price action at the core = family members' discussion project
- Pumi replied Jul 17, 2020
According to your chart what is the Low of your zero line and the High of your 100 line (in other words the points of where your Fib is plotted on)?
Price action at the core = family members' discussion project
- Pumi replied Jun 14, 2020
It is just an idea as I was testing the system especially in a Trading Range (to switch to a lower time-frame). Otherwise it can also work on H1.
Rules based system that is profitable on GBPUSD and EURJPY
- Pumi replied Jun 14, 2020
Have you tried to use the 13 EMA for trailing stop purposes on a 15 minutes chart? If say, in an uptrend, the price makes a swing and falls below the 13 EMA and it quickly moves up from there and takes out the previous High you move your stop loss ...
Rules based system that is profitable on GBPUSD and EURJPY
- Pumi replied Jun 12, 2020
It seem to be a good system. I will test it. Is the setup based on H1?
Rules based system that is profitable on GBPUSD and EURJPY
- Pumi replied May 29, 2020
There is nothing strange. You buy low and that is also what the market makers do. They will buy when others are selling. Follow the market makers and you will be on the right side. Clue: Look to your left.
EURUSD only
- Pumi replied May 25, 2020
Exactly, you have to observe it in real-time (back-testing won't work). In addition you have to know how to trade - you can't rely on it alone - otherwise you will fall for traps. This is a system that is based on rules. You still have to contribute ...
Payapa Trading System - Modified Ali's Version
- Pumi replied May 22, 2020
@alhalawi, with the system do you hold trades over night and the weekend or you close them?
Payapa Trading System - Modified Ali's Version
- Pumi replied May 12, 2020
In one of the VSA training videos (I think the "Tom Williams Final Mentorship" session 1 or 2) Tom explained why they used the numbers or codes. If I remember well it is to make it easier for the VSA programmer.
vsa with Malcolm
- Pumi replied May 11, 2020
During the past 18 months or so I have been (and still) studying the works of Richard D Wyckoff, Steve Mauro (BTMM), George_AUS, Michael Huddleston (ICT), Tom Williams (VSA) and Anna Coulling (VPA) and I came to a conclusion that the Forex market ...
Forex is random
- Pumi commented May 11, 2020
It looks like wave 2 and 4 are a copy and paste - probably due to alternation. Practically that is not the case. You are highly likely to find a Triangle in wave 4 than wave (if you ever find it in wave 2) and that alone should affect the ...
Elliott Wave Theory Rules Cheat Sheet
- Pumi replied May 10, 2020
It is possible that it could be a reset. It could go either way.
EURUSD only
- Pumi replied Mar 10, 2020
Perhaps add "Lot Size Check" to your Pre-entry Checklist (Rules). I have made that mistake in the past as MT5 defaults to the previously used Lot. So it is one of the things I check first prior execution.
Cable Update (GBPUSD)