Hi GEfx, "predicting" reversals is the most difficult and most risky part of trading. Yet there are great contrarian traders like Soros who specialise in this type of strategy. For me, I prefer the market to show the way before considering any trend ...

Flying Dutchman

Armageddon market, makes me laugh but the reality is grim.

Flying Dutchman

FMA, I am telling the basics about OLs on forum. Just scratching the surface. Think deep and read my posts carefully.

Flying Dutchman

Look at day and h4 chart to answer your question. Intraday dol and h1/m15 for entry. This is for part-time traders, and serious longer term speculators. For currency investors look at month and week, day/h4 charts for entry. 28pairs plus gold, oil, ...

Flying Dutchman

Long explanation.

Flying Dutchman

FMA, now your trade make sense, easy to understand, no need any "grandma story".

Flying Dutchman

Excellent question FWR. This is the type of on point discussion that FF lack.

Flying Dutchman

Hi Bilal, why is your thread moved to the journal section?

1M Price Action System

That's a good starting point.

Flying Dutchman

To clarify this comment, I'm not against indicators and patterns. I'm deep into indicators and patterns(post #2861) - they have their place. The big difference is I don't trade indicators and patterns per se. Indicators and patterns don't move ...

Flying Dutchman

Professional traders don't trade press release, they make news. We track and follow the guys who move market. Take note of what they release for public consumption, don't be a chump watch what they're doing, that's the real stuff. Or you can trade ...

Flying Dutchman

About this glitzy "indicators", the creators and programmers are not at fault. Tools are made for their purpose to do the job that's done manually, nothing wrong with that. The fault lies with the user, mis-using and abusing these tools. I use ...

Flying Dutchman

Because E$, G$ and JPY are trading at crisis level - JPY the worst. That's why GEfx made the caution to trade with extra care. The prognosis is ugly. url url E$ take the lead to try reverse current value sentiment. Which is widely expected to ...

Flying Dutchman

Yes, and I'm responding to your post watching chart on my phone. Get my message.

Flying Dutchman

E$ will continue to try to get to 1.022 and try trade above the target registered on 11 Aug. The professionals are watching and waiting like vultures.

Flying Dutchman

As I explained earlier, E$ was charging upwards to get up above pwol, GEfx trade. Global markets traded accordingly in that 2 hours NY session, watch the chart. Ofc professional traders knew what was happening.

Flying Dutchman

Ofc be an expert ourself, but use this skill for the right purpose - precision entry to limit the drawdown for risk management purpose. I spent time practising "PA" to acquire this skill without volume delta clutch which is unnecessary and no better ...

Flying Dutchman

There's no chance market get to the horizontal line/arrows. Given the value intent is to break day low. That's why market came close to my tp but won't hit.

Flying Dutchman

This is the reason why open lines are so important. And if you knew that in real time you would take the trades that GEfx did.

Flying Dutchman

Exactly GEfx! You traded that final fall yesterday that's bound to happen. What I'm trying to do is to try open their eyes to what you just wrote. It's all about how real professional traders with billions move this market to reflect the fair value ...

Flying Dutchman