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  • #4,901
  • Mar 27, 2014 9:42am Mar 27, 2014 9:42am
Quoting farukh
{quote} that is why you mentioned earlier about psychological issue that very hard to go in opposite direction once position taken
Yea, particularly with people who wish to go long for very long term with low capital.
Hello World!
  • #4,902
  • Mar 27, 2014 9:46am Mar 27, 2014 9:46am
Quoting Polaris4dy
{quote} That means for 4h and 8h demand has overcome supply? Are we bound for a ranging market today?
I guess you can say it that way ...

My term for when the market is in between Supply (Daily chart) and Demand (4 Hour and 8 Hour chart) is that the market is Consolidating.

Now because Supply remains active on the Daily chart, we could see the market breach the lower level Demand areas.

CAUTION.
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".
  • #4,903
  • Mar 27, 2014 9:53am Mar 27, 2014 9:53am
Quoting jackeollio
{quote} I'm not really interested in selling anything at all. But thanks for your interest !!!
Ok...understood

So just to clarify (for everyone I guess) that other than your calls for now, you are saying that in the absence of your software, we will learn nothing from you..

Not a prob...just needed to know...thanks anyway
  • #4,904
  • Mar 27, 2014 9:56am Mar 27, 2014 9:56am
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),...
^^ this is worth a lot of time, thought and money ! pay attention.
A trade should be based on an assumption based on facts
  • #4,905
  • Mar 27, 2014 9:59am Mar 27, 2014 9:59am
Quoting Landline
{quote} Ok...understood So just to clarify (for everyone I guess) that other than your calls for now, you are saying that in the absence of your software, we will learn nothing from you.. Not a prob...just needed to know...thanks anyway
Well, what I am saying is that I joined this group not with the intent to sell anything to anyone but just hoping to share my views with a bunch of friendly traders.

Although I have some trading experience, I still have much to learn and I believe this is the place I will do so unless I am not welcomed to be here of course.

If so, I will simply stop posting my views and simply leave the forum.

I'm fine with that.
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".
  • #4,906
  • Mar 27, 2014 10:01am Mar 27, 2014 10:01am
Quoting jackeollio
{quote} Well, what I am saying is that I joined this group not with the intent to sell anything to anyone but just hoping to share my views with a bunch of friendly traders. Although I have some trading experience, I still have much to learn and I believe this is the place I will do so unless I am not welcomed to be here of course. If so, I will simply stop posting my views and simply leave the forum. I'm fine with that.
No, I think the tool you use is quite cool! Keep posting! Your view has been helpful so far. Cheers
  • #4,907
  • Mar 27, 2014 10:02am Mar 27, 2014 10:02am
Quoting jackeollio
{quote} Excellent question! Notice the background colors : 1) Blue is for Buyers 2) Red is for Suppliers 3) Yellow is for unfilled gap Now for the numbers you see : 1) the number 14 means 14% of the gap has been filled by Buyers 2) the number 25 means 25% of the gap has been filled by Suppliers 3) the number 61 means 61% of the gap remains unfilled. Cheers.
Thank you for your info.
I wonder how do you know from PA that a gap is become wider? Maybe from the speed of price change?
best regard
lapras
  • #4,908
  • Mar 27, 2014 10:03am Mar 27, 2014 10:03am
The way I use the word "spread" is the length of the bar. Actually its the length of corresponding volume bar, used extensively to analyze the volatility.

Quoting jackeollio
{quote} Well, what I am saying is that I joined this group not with the intent to sell anything to anyone but just hoping to share my views with a bunch of friendly traders. Although I have some trading experience, I still have much to learn and I believe this is the place I will do so unless I am not welcomed to be here of course. If so, I will simply stop posting my views and simply leave the forum. I'm fine with that.
Hello World!
  • #4,909
  • Mar 27, 2014 10:11am Mar 27, 2014 10:11am
Quoting jackeollio
{quote} Well, what I am saying is that I joined this group not with the intent to sell anything to anyone but just hoping to share my views with a bunch of friendly traders. Although I have some trading experience, I still have much to learn and I believe this is the place I will do so unless I am not welcomed to be here of course. If so, I will simply stop posting my views and simply leave the forum. I'm fine with that.
So far as I can tell, everyone respects your views including me.

I merely wanted to know whether it was anything that I could invest my time with to learn something from you that was all.

It certainly wasnt intended as questions to sleight you in any way, and I apolgise if you felt that.

It's done, no need for a saga about this....lets just get on with our common goals...making profit!

Cheers
  • #4,910
  • Mar 27, 2014 10:11am Mar 27, 2014 10:11am
Thats what we are all here to learn and become better traders, besides I need to read up on PA and behaviout got me curious :-)
  • #4,911
  • Mar 27, 2014 10:18am Mar 27, 2014 10:18am
Quoting Landline
{quote} Ok...understood So just to clarify (for everyone I guess) that other than your calls for now, you are saying that in the absence of your software, we will learn nothing from you.. Not a prob...just needed to know...thanks anyway
I think You are right at the moment we have to learn on what He shows Us. I wonder if He takes the monthly chart as a benchmark I mean the current monthly candle that it is showing us there is still too much supply so obviously not too much demand so the price eventually will continue to go down with some hiccups in the other shorter time except and the day frame is telling us that the downside is still on
MAYBE!!!
  • #4,912
  • Mar 27, 2014 10:22am Mar 27, 2014 10:22am
Even if you look at the daily stochastic we are at a junction of a major upward movement the question is when
  • #4,913
  • Mar 27, 2014 10:27am Mar 27, 2014 10:27am
looks like bulls have been absorbed.. lets see if there is new selling..
A trade should be based on an assumption based on facts
  • #4,914
  • Mar 27, 2014 10:28am Mar 27, 2014 10:28am
Quoting Nitsan_Levi
{quote} 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..
Hello Nitsan,

you have mentioned Big swaloving bar several time.
Is it bulish or bearish harami?
So you mean on montly GBP/USD chart is bearish Harami?

thank you and best regards
lapras
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  • #4,915
  • Mar 27, 2014 10:32am Mar 27, 2014 10:32am
Quoting Nitsan_Levi
Chf 4h long After 2 rime touch sma200 and fall...in the 3time close above...and re-test sma200 ...shold up to sma300 {image}
I have move SL to Breake even, and now I am out.
Are you still in the trade?
regards!
lapreas
  • #4,916
  • Mar 27, 2014 10:36am Mar 27, 2014 10:36am
hehe time to rest..news already past...lets take a break and enjoy the live
"Trap The RED News"
  • #4,917
  • Mar 27, 2014 10:49am Mar 27, 2014 10:49am
i think time to go long now ??
  • #4,918
  • Mar 27, 2014 10:54am Mar 27, 2014 10:54am
There a wedge formation on the M5.
  • #4,919
  • Mar 27, 2014 11:08am Mar 27, 2014 11:08am
sheeesh picking out a bottom on this is just to tuff for me. quit my longs. seems like it wants to go lower.
  • #4,920
  • Mar 27, 2014 11:12am Mar 27, 2014 11:12am
seems like spamming.. but we're going down..
A trade should be based on an assumption based on facts
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