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  • #4,781
  • Mar 26, 2014 10:41am Mar 26, 2014 10:41am
Quoting jackeollio
I have been asked to provide the charts I use ... Here they are ... {image}
I have been researching these tails (spike ends) for about few months. I have learnt a lot how to use volatility, however, integrating this new layer with my old model is taking forever.
Hello World!
  • #4,782
  • Mar 26, 2014 10:41am Mar 26, 2014 10:41am
Quoting skassacomput
{quote} I Agree, here I have the SMA64 on Daily (1294.80). Probably our SMA64 are different...
I don't really use any technical indicators such as the SMA64.

My Supply and Demand levels are calculated directly from Price Action.

You may have noticed that the charts I have provided above also identify an intermediate Demand level @1301.99 on the Daily timeframe.
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".
  • #4,783
  • Mar 26, 2014 10:42am Mar 26, 2014 10:42am
Quoting SoLiD
Nitsan, GBPUSD H4 SMA64 1.6570 , may be try to small short this level..
20 SMA and 50 % Fib on Daily, i was watching this one. That could be good place too

Sorry Clock Trader
  • #4,784
  • Mar 26, 2014 10:45am Mar 26, 2014 10:45am
First of all thanks you all!! very
About the long...is very simple...from 4h sma300 to 4h sma200...
But if fall we take more long from daily sma64..I will update...

GL HF
  • #4,785
  • Mar 26, 2014 10:47am Mar 26, 2014 10:47am
Quoting SoLiD
Nitsan, GBPUSD H4 SMA64 1.6570 , may be try to small short this level..
GBP
I see you can take small time short...But caution monthly chart we have last month big blue swallow bar ..and this month down with no high
And have strong support from sma300 there...price can go to a new high..so I suggest take small time short..
  • #4,786
  • Mar 26, 2014 11:07am Mar 26, 2014 11:07am
Chf 4h long

After 2 rime touch sma200 and fall...in the 3time close above...and re-test sma200 ...shold up to sma300
Attached Image (click to enlarge)
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  • #4,787
  • Mar 26, 2014 11:45am Mar 26, 2014 11:45am
quick short on 1H cable
Attached Image
A trade should be based on an assumption based on facts
  • #4,788
  • Mar 26, 2014 12:16pm Mar 26, 2014 12:16pm
Quoting Nitsan_Levi
{quote} As I say here many time gold come to 1300!! I close all my short...and take long... {image}
Hello Nitsan, tq for teaching some of ur strategy here... i have learned a lot, thank you... i guess all the people earning a lot of pips right now but not for me, i have lost a lot... so quite scared of entering the market...

So sir Nitsan, in 4H candle, What if the price close below 300SMA?? is the price going to drop further more to the 64SMA?

2ndly, i dont really understand about the time frame you use to enter the market or to close, sometimes i saw the SMA from 1M 5Min 15Min time frame. Mind to explain more?? im a newb! Thank you...
  • #4,789
  • Mar 26, 2014 1:13pm Mar 26, 2014 1:13pm
Quoting Mave
quick short on 1H cable {image}
out -4 pips
A trade should be based on an assumption based on facts
  • #4,790
  • Mar 26, 2014 2:03pm Mar 26, 2014 2:03pm
Quoting Nitsan_Levi
{quote} As I say here many time gold come to 1300!! I close all my short...and take long... {image}
FXRAT back and reporting for Duty
Buying at the moment seems like
jumping infront of a freight train
and playing chicken.

The 4hr dail weekly charts
don't look pretty but to be fair
to those that fancy cheeky longs
I can see it from the point of view the
price hasnt collasped yet.

Lets face it doesnt look pretty
1280-1260 looks on the cards.
rat
  • #4,791
  • Mar 26, 2014 2:14pm Mar 26, 2014 2:14pm
Hey guys,

I am newbie trader and so far being burned lol, so any help would be appreciated. Nitsan thanks for all the great info, i havnt gone through all the thread yet but have you shared info on your system? or what you use to make your decisions, if so can you point me towards this info please will save me reading 200+ pages lol

Thanks in advance
  • #4,792
  • Mar 26, 2014 2:22pm Mar 26, 2014 2:22pm
It is still going down! Right on the money, Rattyo!


Hi Arffy,
You can start reading from about page 220-240, you will find Nitsan's explanation of his strategy in these pages.
  • #4,793
  • Mar 26, 2014 2:25pm Mar 26, 2014 2:25pm
My simple system when applied to a daily chart has me in at what I think is the appropriate time and will most likely give an exit signal in another 3-4 weeks...that assuming this isn't just a giant bull flag...which wouldn't surprise me.

For now I have 250 pips locked on a position with 650 pips open gains.

No hocus pocus...just simple, logical trading.
Attached Image (click to enlarge)
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  • #4,794
  • Mar 26, 2014 2:27pm Mar 26, 2014 2:27pm
Quoting jackeollio
{quote} Let me start by saying that the Spread I am referring to is the true "Market Spread" and not the "Broker Spread" which are two different things. That being said, any book on Economics will give you what you need to understand in terms of Supply and Demand. As for how to calculate these values, I could give you a few hints, but I'm quite sure it will take you a long time to figure it out. The hints are as follows: 1) observable price action on your charts always occurs because of Market Spread (i.e. difference between Buyers and Sellers),...
Thank you man, like you said I must take my time and study what you have wrote above.
It is interesting for me, because few weeks ago I have coded an EA which monitor time between ticks (how many ticks come in time interval), then how fast Ask/Bid are changing in this interval and how is size of the spread changing. It is not finished yet, because Nitsan has arrived with his accurate calls and I'm studying his system now.
But I think that maybe it could be possible to predict Price movement if one is monitoring nr of ticks/minute and how fast Bid/Ask is changing and spread.
I have true ecn broker, so Ask/Bid difference is Market Spread, right?
I assume that you are succesfull trader, which I am not What is win rate of your Supply/Demand system?

thank you and best regards
lapras
  • #4,795
  • Mar 26, 2014 2:31pm Mar 26, 2014 2:31pm
Quoting Nitsan_Levi
First of all thanks you all!! very About the long...is very simple...from 4h sma300 to 4h sma200... But if fall we take more long from daily sma64..I will update... GL HF
Thanks for all your analysis you posted! It is really valuable! I am slowly getting used to spot all the patterns in different charts. Keep up the good work! You are the best trader I ever seen so far.
  • #4,796
  • Mar 26, 2014 2:33pm Mar 26, 2014 2:33pm
Quoting kitty22
It is still going down! Right on the money, Rattyo! Hi Arffy, You can start reading from about page 220-240, you will find Nitsan's explanation of his strategy in these pages.

cheers mate
  • #4,797
  • Mar 26, 2014 2:35pm Mar 26, 2014 2:35pm
have to agree with Rat man on this one. got targets down to 1265 area but could see a small retracement soon before another thrust down. I love your analysis Nitsan though, made some excellent calls for sure. great thread !
  • #4,798
  • Mar 26, 2014 2:37pm Mar 26, 2014 2:37pm
Quoting gspajon
My simple system when applied to a daily chart has me in at what I think is the appropriate time and will most likely give an exit signal in another 3-4 weeks...that assuming this isn't just a giant bull flag...which wouldn't surprise me. For now I have 250 pips locked on a position with 650 pips open gains. No hocus pocus...just simple, logical trading. {image}
bit of divergence on a daily is always a good sign
combined with a formation of a nice weekly
candle to complement it
rat
  • #4,799
  • Mar 26, 2014 2:43pm Mar 26, 2014 2:43pm
Quoting lapras
{quote} ... I have true ecn broker, so Ask/Bid difference is Market Spread, right? I assume that you are succesfull trader, which I am not What is win rate of your Supply/Demand system? thank you and best regards lapras
To your first question the answer is no. In my previous explanation I clearly state that Market Spread and Broker Spread are two different concepts.

Market Spread is the difference between the price Suppliers are willing to sell the instrument to the market versus the price the Buyers are willing to buy the instrument from the market.

Broker Spread is the difference between the price the Broker is willing to Sell to the trader versus the price he is willing to Buy from the trader.

As for the Win/Loss ratio of my system, it ranks pretty much among the highest you can get.

Cheers.
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".
  • #4,800
  • Mar 26, 2014 2:48pm Mar 26, 2014 2:48pm
Quoting jackeollio
{quote} To your first question the answer is no. In my previous explanation I clearly state that Market Spread and Broker Spread are two different concepts. Market Spread is the difference between the price Suppliers are willing to sell the instrument to the market versus the price the Buyers are willing to buy the instrument from the market. Broker Spread is the difference between the price the Broker is willing to Sell to the trader versus the price he is willing to Buy from the trader. As for the Win/Loss ratio of my system, it ranks pretty much...
From where do you read Market Spread?
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