Generally speaking, in the top or bottom third of the trigger bar.

james16 Chart Thread

Thanks for the information. No, you can not do that with FX-Pro or FXDD. Seems to be ok now, must have been a gremlin in the system.

Mastering the Art of Trading

As someone asked about scanning charts for potential setups, I feel how to quickly invalidate them is of importance. Here is one example of how to invalidate them. These boxes of consolidation, just one on top of another has created a minefield of ...

Mastering the Art of Trading

This looks interesting, I like the Massive Divergence building up. It has got to get peoples attention. What's your take on Divergence with the Fake out Ghous? How much of a percentage for a plus would you give to divergence as opposed to not having ...

Mastering the Art of Trading

Strange indeed. I may have to open and close a few trades to test this out. This is the FX=Pro demo feed so, it should be the same. Seems to be working now, previously it did not display the amount to close. Never had this happen before. Could be ...

Mastering the Art of Trading

Nooooooo, I did it again. I intended to close out half of this trade and let the rest run to the FTA but, for some reason I am not being allowed to close out part of the trade on FX-Pro anymore. It just closes the whole trade before we get the ...

Mastering the Art of Trading

I just timed the scan. 119 pairs in 7.5 mins. My charts are now setup. Time does not matter though, just take your time but, if you have to really think about a chart for longer than 20 seconds, just pass on it. But maybe take a little longer when ...

Mastering the Art of Trading

I have eight charts on my platform, then I make the scanning chart a different background and from market watch, drag and drop each pair onto the white chart. It changes to whatever chart you drop on it, I scan it quickly, if price is in the ...

Mastering the Art of Trading

No, that is not a fake out setup. See chart

Mastering the Art of Trading

Thanks Ghous Yes, what you wrote makes sense in that, they do not yet look serious about dumping this, yet. I will hold on to it till we get a close above, as a learning experience. There are probably a lot of people looking at this divergence.

Mastering the Art of Trading

I am sure he has not noticed it as, the SP is too small and price is just moving sideways.

Mastering the Art of Trading

Looks like it already hit the FTA and bounced. I would not hold on to this.

Mastering the Art of Trading

I am not Ghous but, for me that SP is just too small. Combined with the close below the TL I drew, it is just not viable.

HCR-LCS + SFP Research thread

Get well soon Ghous. Wasn't some funky Rasmalai, was it. I believe MASALA CHAI is good for FP, with lots of cloves in it. Always works for me but then again, I am a strange fish.

Mastering the Art of Trading

Even though, I do not like the fact that price did not spend much time away from this area, before returning to it, the close of yesterdays bar interests me. Let's see what the rt of the HHR can do.

Mastering the Art of Trading

Nice RN but, too much consolidation has been going on, below the level for my liking.

Mastering the Art of Trading

Not a great guy at all, just remember how people helped me. The close is also important, we do not really want to see something like a bullish PB or BEOB at these levels. It makes the SL too wide as, the SL goes below the low of a fake out bar+ ...

Mastering the Art of Trading

Yeah, but it is not a very deep swing point and the FTA is close. You would also have to wait for the H4 bar to close before entering. Spend a couple of weeks just quickly scanning all the pairs on the Daily TF, it takes me about 10 mins to scan 80 ...

Mastering the Art of Trading

Nope, this system is using the swing points and the failure of the bar to close above as the entry. Once a bar closes above or below a level, it is a sign to get out. Not quite as simple as that though, you still need to be aware of PPZ, RNZ and ...

Mastering the Art of Trading

If you were were capable of reading and actually read the thread, you would realize that this thread is not about PBs or any other type of PA, it is about the areas to look for reversal signs. PA is an expression of the order flow just like when ...

james16 Chart Thread