- Search Metals Mine
-
Pinbar replied Jul 9, 2013Seems that it does not have the Bham effect we thought it may have. I intended to close out two thirds of the trade but, it seems FXPRO will not allow it anymore, and for some reason it closed the whole trade. Just as well really as, it does not ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013The channel looks like it could be a problem. It did not rally fast enough and create space. Divergence is there though.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013Nice potential level on USD/CAD coming up with a WHCR & a swing point that price has previously, seriously been rejected at.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013Ok, now I really know what you are doing. Will look into the possibilities. Actually, perhaps this GU entry will show me the Daily Close above and the entry you may take.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013I am in Gu. Damn slippage cost me 6 pips though. Anyone else realized MT4 now allows us to click the SL line and drag to the desired level? This level on GU also appears to be a weekly PPZ.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013Indeed, Market memory is a funny thing Yeah, I have been watching GU and waiting for it to actually break the 1.48303 level by a pip. No go yet but, I feel it will.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013Would this be a setup with the way you trade? I know the FTA is too close, just an example.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013Not really, I was looking at the Bearish M15 PB that closed above the level and thinking it was going to be a failed PB, which it was as its back broke and we got a push up. I think, I confused matters with that PB by calling it a "Fake Out" what I ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 9, 2013Not really, I was looking at the Bearish M15 PB that closed above the level and thinking it was going to be a failed PB, which it was as its back broke and we got a push up. So, if I get this right, you are trading off the daily tf, using the HHR & ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013You can always delete the post if you want to but, I think you were in the same ball park. Take a look at the monthly chart and the H1 chart. Just not much space to the FTA because of those weekly LCS levels nearby.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Still waiting for a lot of these pairs I setup to trigger. Which is ok and some of them may not trigger for a while.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Maybe, I am confusing what SupremeChaos was doing. Here we have an M15 PB that closed right on the weekly gap, it broke by 1.4 pips then its back broke. Obviously I am confusing your fake out method with the IBP or something along those lines.
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Hey Ghous Is the W-LCS on GU showing me an M15 Fakey?
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Still can not follow what you mean. The market decides if and when a PA bar will break, not the form of the PA. Also, a true PB at a good location does not get pushed down by the big boys, they designed it. It is there hand in Poker. Maybe, what we ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Sorry, had guests and was away from the PC. It depends, Jaroo would look for a signature on a smaller TF on the way back to that level. Edit: I know Jim, will look for an H4 or H1 signature on the pullback to a level. Myself, I will look for an M30 ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013I totally agree Ghous & I need to understand your take on it as much as Jarroo's take on it. Will put my thinking cap on and ponder it. I am sure that if Jarroo comes around he will explain it or tell me I am wrong, either is fine for me as long as ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Here is another one of Jim's charts where he is explaining it to me. Notice how he is not using that HCR in the fake out again?
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013This is one of Jarroo's charts and you can see, while he is marking the fake out to take notice of it, he is actually not using it as the level. He explained to me that, this is because it found very little support on the pullback after it closed ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013I hear you on the Fake out but, Jarro has taught me that the consolidation areas can have a fake out like that. Here is an explanation of what he taught me or at least, the way I remember it. Totally hear you on that, I am not into the tricky areas ...
HCR-LCS + SFP Research thread
-
Pinbar replied Jul 8, 2013Very interesting Ghous However, if we look at the weekly tf and that consolidation box HCR, ignore the fake out as it was obviously a fake out. We can see that the area you mentioned on the daily tf, never managed to break the HCR which by ...
HCR-LCS + SFP Research thread