Thanks Ghous

Mastering the Art of Trading

My watch list Edit: USD/MXN is a bit iffy, the consolidation box now forming, is close. That said, there is 70 odd pips to the top of that box from the SP. Kind of all depends on the close of the Fake out bar, if we get one.

Mastering the Art of Trading

I think you are talking about the SL, not the spread right? Spreads change, the SL does not. If you are talking about the SL, really nobody can answer that as it is related to position sizing and your account size. Yeah, each setup will have a ...

Mastering the Art of Trading

This long setup also has nothing to do with the Fake out but, I hear what you are saying in as much as you had not read the thread. If you had entered long on that PB, it still would not have been the fake out. Perhaps, you should stick to one ...

Mastering the Art of Trading

What does the butterfly pattern have to do with what Ghous is teaching here? Also, why would you want to buy at a high?

Mastering the Art of Trading

No, I was talking about that. I don't like the bottom of that box that has formed and if we do get a close above that small SP today, I would not like to trade into that box, the BRN & the 150 EMA.

Mastering the Art of Trading

I wish people would stick to posting setups and charts about what Ghous is kindly trying to teach here and not, totally unrelated stuff.

Mastering the Art of Trading

I take it that, the larger TF sideways market also counts?

Mastering the Art of Trading

I think you already put the answer on the chart. WIPG is about the FTA.

Mastering the Art of Trading

Of course it will, humans will still have Hope, Greed, Fear & Despair, as long as they are human.

Mastering the Art of Trading

Yeah, I also thought of that but, decided to leave the IB as a small hint. I am looking forward to you hitting us with a WIPG. Tomorrow is moving day so, I will probably not be around. We will put the WIPG on hold for a while.

Mastering the Art of Trading

However, you made this post , more than 4 hours after the answer was posted. It will not you much good in real life. situations. The point of this exercise, as in life, is not to give a correct answer but to give a feasible answer.

Mastering the Art of Trading

Great stuff folks. This was a no brainer, pass. The fake out bar closed just below the 1.32500 level but more importantly the consolidation below at 1.32000 was the key. Note that as we speak, price is at the same level.

Mastering the Art of Trading

THIS THREAD IS NOW ON HOLD. Ghous opened his own thread and I am over there learning with him. The order flow is what all these methods are about so, if anyone wants to learn further, please visit the "Mastering The Art of Trading" thread and read ...

HCR-LCS + SFP Research thread

Thought you might. It is useful to get an eye for things &, if you can predict what is most likely going to occur, this is worth a great deal more than a few pips. I am going to be pretty busy tomorrow and Saturday as I am moving house to the ...

Mastering the Art of Trading

Here is a fun little exercise called, "Where is price going, Where did it go?". J16 actually thought this up and used to do it in the private forum with PA bars. It works just as well with the Fakey though as, price is price. Ghous, I and a few ...

Mastering the Art of Trading

Yeah, I thought so. Even so, I would not like to buy into the top of that box.

Mastering the Art of Trading

The poster said, he sold it at that level. Why would you want to sell at a low price instead of a high price? As Ghous said, the 1.7000 is a major RN, with a swing point so, we should be looking to buy here, not sell. If you owned a shop and bought, ...

Mastering the Art of Trading

Thanks Ghous Just an occasional reality check in, to make sure I am not wandering off the path, into the nettles. Been there done that. Yes, well it the mechanism should be fractal and work in a similar manner on all tfs.

Mastering the Art of Trading

Ghous I am looking at the EUR/MXN setup, I fluffed closing the partial trade on. I am seeing large wicks to the upside and failure to close above the HHR. I think if these TBLs break, it may well hit the 17.4000 area. What are your thoughts on my ...

Mastering the Art of Trading