Yeah, I have had my eye on it. Let's see how it closes. Edit: If it closes near the FTA where it is right now, I take it you will look for a pullback to the level, on the Daily TF?? No, H4 or H1 triggers to watch for?

Mastering the Art of Trading

I recommend you read the first 200 pages of the J16 thread. Shouldn't take that long. Also, why back test it when you can open a demo and forward test it in real time? It may take 3 months but, it is better than backtesting IMHO.

Mastering the Art of Trading

Yes, it is a demo to see how this level works out &, I shall be watching the FTA very closely tomorrow morning when the next bar opens.

Mastering the Art of Trading

I suspected price was going to test the 365 and possibly, the previous lower fake out, that is why I gave it room to hit more TP areas of the people who were short. A TP is also a reversal of the order just as hitting an SL is. There again, this was ...

Mastering the Art of Trading

Yes, that consolidation is the problem. However, looking at the weekly TF, this is a major PPZ. I will wait for a close below the LLS before I cut it loose.

Mastering the Art of Trading

The left is eye is the bar high prior to the PB. The eye you marked would be a proxy eye, had the PB not closed inside the previous bar high.

james16 Chart Thread

Let's see what this can do at this level or, if it is going to go for the lower level.

Mastering the Art of Trading

Thanks, I will certainly give it a try. Are you sure that is the correct name? A search turns up nothing.

Mastering the Art of Trading

This is why we love consolidation.

Mastering the Art of Trading

I am not Ghous but, IMHO in this case it is not really the size of the wick that is causing problems, it just does not have enough buyers jumping in or sellers on the wrong side of the fence.

Mastering the Art of Trading

Glad you liked the vid. I love the one Ghous just did recently. Very clear. Just wished I lived in a country once more that does not require a VPN. That said, the cost of living here in China at uni is so cheap, free housing, electric and a ...

Mastering the Art of Trading

Here is a quick video I made to show how to quickly scan pairs and decide if they are potential setups or, discard them quickly. Hope this helps someone. image Is it just my computer or, is the first min of this video blurry? Could be the download ...

Mastering the Art of Trading

Great video Ghous. I feel it will make a lot of new people much more comfortable, in the sense that, you have now given them a map with which they can navigate the shark infested waters with.

Mastering the Art of Trading

Stopped out at BE + after I took profit and moved the SL to just above the PB high. I was not willing to take a loss on this sluggish movement of price. Hey Lamer You also get stopped out on EN with that spike below the LLS?

Mastering the Art of Trading

Not a great deal. You can post screenshots directly to the thread without using an external site, this makes them visible in the post.

Mastering the Art of Trading

An EA to actually make the trades? We just want to be able to spend all day shopping for cars, gadgets & stuff. PS: My GBP/DKK is struggling a bit. I noticed you EG is also doing the same thing, funny they look like inverted images of each other.

Mastering the Art of Trading

Yeah, what do we need price on a cash machine for? The bank machines don't have price on them. Yeah, funny how optimistic we are when we start out, and how simple it all seems. Then it becomes crazily complicated and finally or a few years ...

Mastering the Art of Trading

Give him a couple of months. Isn't this much prettier?

Mastering the Art of Trading

I thought, you were suggesting it was not a good idea to hold onto this one when you said, it was lingering after we were well into the LO? I eventually came to the same conclusion. GBP/DDK almost hit the tp but, I am keeping a tight leash on ...

Mastering the Art of Trading

Just closed it out at BE+ as, I did not like how price is unable to close above the 150 EMA on the H4 TF. Yeah the Asian session has been closed for 2 hours and even with the LO, it does not want to move. image

Mastering the Art of Trading