Wow..what a nice thread. I need to read one more time to digest. Thanks for sharing your knowledge......Keep up the good work your life be forever blessed for such good work.
-happyTrading-myFx.
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Disliked1.1080 low got taken, like we said. Bearish until 1.1020. Now do you see why I don't trust candlestick patterns? {image}Ignored
DislikedI just took a loss on the EUR NZD, any comments is well appreciated :-) {image}Ignored
DislikedThanks Wdays Did you take trade on recent Eurusd down breakout? If yes , where exactly your entry?Ignored
Disliked{quote} Those exotic pairs are highly volatile. Look at price action to your left. We have a range completion at 1.5646, and another range at 1.5730 to which the rally extended. Once it reached that, and having broken an important mid-term high, it was bound to pullback. What's more, in the most recent price action, we have a very sharp market rally, leaving an area of "liquidity void" as we mentioned it in an earlier post. Now I am now familiar with EUR/NZD fundamentals, but unless it has a very heavy driver, the rally cannot go on before it covers...Ignored
Disliked{quote} Like Michaelion said: too much sideways action before the demand level was created, also trend on Daily is down...for a bigger retrace there is the demand level below, but I am not sure to take this given the downtrend. Also the BL was triggered during Asion hours, learned a lot from this trade...Ignored
Disliked{quote} Like Michaelion said: too much sideways action before the demand level was created, also trend on Daily is down...for a bigger retrace there is the demand level below, but I am not sure to take this given the downtrend. Also the BL was triggered during Asion hours, learned a lot from this trade...Ignored
Disliked{quote} Minosd there is also a bigger picture to that - I do not know if you watch all ICT movies, but in the first one the is sthng which for not every one is obvious as it should be. To understand the current trend: {image}Ignored
Disliked{quote} That's kinda it But the problem with watching too many instruments for our correlations is that more than one of them is bound to diverge from the bunch. That's why I just eye USDx. Another useful thing is the commitment of traders report.Ignored
DislikedGreat thread but some are confusing this with ICT where has the name order blocks been added that's an ICT term .Ignored
DislikedNo worries I don't trade ICT's methods I have heard some good things about him and some bad things . He was challenged recently to trade against another trader and all accounts were scrutinised by someone independent when it came to the end of the challenge ICT failed to provide his account the other trader did. Make what you will from that. I do have a problem with people who claim to be successful then start mentoring it doesn't seem right to me .Ignored
Disliked{quote} Alex, regarding "entry candle" how we should do if there is two or more candles which could be "entry", is there is some additional rule for inbars or outside bars? hard to say which one is best... Some EU buy setup..? [attach]2039338[/attach {image}Ignored