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Beyond the Candles

Quoting pkimnyc
long when long opportunity presents. short when vise versa. when confused, stay the hell out.
some screenshots example? of what u use in ur trading?
Quoting vladutz112
some screenshots example? of what u use in ur trading?
something like this.
Attached Image (click to enlarge)
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Quoting pkimnyc
something like this.
just like me u take the previous support and resistance and then u wait the price to retrace at that level? right?
Quoting vladutz112
just like me u take the previous support and resistance and then u wait the price to retrace at that level? right?
of course. trading 101.
what u mean by trading 101?. sorry for all this dumb questions but i'm not from us and i dont understand
Quoting vladutz112
what u mean by trading 101?. sorry for all this dumb questions but i'm not from us and i dont understand
Basic
Quoting pkimnyc
something like this.
You are posting charts that are not respecting the rules of this thread !
Only monthly, weekly and daily !
We are disciplined trader so we respect the rules !
Nothing personal,just business.
Very,very interesting! Thank you FX GROUP for starting a thread like this, already made my brain spin! Was starting to get lost in those indicators....thanks for bringing me back to reality....
"Plan your trade, Trade your plan"
Quoting fxgroup
You are posting charts that are not respecting the rules of this thread !
Only monthly, weekly and daily !
We are disciplined trader so we respect the rules !
sorry about that. Was just sharing an example since I was asked. Normally I don't like posting charts in public. My apology if I was disrespectful to the intention of this thread.
Quoting pkimnyc
sorry about that. Was just sharing an example since I was asked. Normally I don't like posting charts in public. My apology if I was disrespectful to the intention of this thread.
You wasn't disrespectful at all and no need to apologyze, I thank you for your great contribution.
The charts are VERY welcome, myself like charts more then words.

All I'm trying to do is to show people that trading long TF charts is by far more profitable, easier and less sressful than small TF.
Nothing personal,just business.
I am very interesting in your thread and trading in higher time frames because the reason you write in previous posts you mention in the head of topic that level you draw in charts i swing open close levels .... so it will be very helpful to explain the meaning how this identify this " swing" and minimum swing size that create a considerable Price level to use ...
it will be nice also if you answer my question .in my previous post ....
i will start to post some of my charts on daily weekly and monthly for further discussion....
thanks
[quote=HITMAN;5064045]
Quote
so it will be very helpful to explain the meaning how this identify this " swing" and minimum swing size that create a considerable Price level to use ...
My first criteria to identify the S/ R levels is the O/ C of the swings. Someone could ask..ok, but what are the swings that we have to pay more attention? The answer is: in RM we consider the higher/ lowest limit of the range market. We should pay attention also to the most important swings that influenced the price inside of the RM, because it could be used as levels for MM into the RM trading.
Let's see an exemple and read the price:
1- the buyers defend the most important level into the RM
2= BEOB- the sellers take the RM's control
3- the buyers retrace to the level,but the can't close above, three dojis as the battle between the sellers and buyers
4=BEOB-confirmation of the fact that the sellers are in level's control(could be the first entry)
5= bearish flag as retracement(RET) to the level
6= PB-the price(P) closes bellow the flag, RET to the level+flag and give us a PB as sellers confirmation and entry point as the chart. The target is the RM S.
Quote
it will be nice also if you answer my question .in my previous post ....
We are trying to identify WPD+WPG and we are interested only by those market's situation when we know the answers to these questions. We don't want to predict the price for 3 or 6 months, the Price is the king and make whatever it wants, we are reading what it's doing and we are trade WITH the price and NOT AGAINST it.
Quote
i will start to post some of my charts on daily weekly and monthly for further discussion....
thanks
We look forward !
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Nothing personal,just business.
The buyers are pushing strongly. Now the price is in M RM. The W close as PA will tell and give us the confirmation if the price remain within RM or the buyers will close above and the RM will act as S to the next levels.
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Nothing personal,just business.
Euro Dollar Last Week Close Under Pivot price Level .....Waiting Daily PA Confirmation
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i hope this will be close to your method...
Waiting your comments and your opinion
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[quote=4xPIPAHOLIC;5063624]
Quote
Was starting to get lost in those indicators....
Thanks for your kind words and welcome !
I'm really glad that this thread does really help someone.
I hope that much more traders will "drink pips" !
Nothing personal,just business.
Quoting HITMAN
i hope this will be close to your method...
Waiting your comments and your opinion
Yes, that is the reason the buyers were stoped, but is not the only one.
On your D chart change 0.8648 with 0.8570 and tell me what do you see.
Nothing personal,just business.
Quoting fxgroup
Yes, that is the reason the buyers were stoped, but is not the only one.
On your D chart change 0.8648 with 0.8570 and tell me what do you see.
it is stronger level but i think is touch the high & low not close ... which lead me to question some times if i respect the close of monthly bar while drawing my levels it pass through weekly candles ...whats your advice in similar cases ....
We have news coming out of NZD ( CPI q/q ) tonight at 23.45 CET ( GMT+2 ), - and so I am watching NU coming close to interesting levels.

Attached are weekly and daily, plse excuse the MA & Stoch, I`ll remove them in further posts.

Any comment welcome, hope it contributes....


___________
michael
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Quoting HITMAN
it is stronger level but i think is touch the high & low not close ... which lead me to question some times if i respect the close of monthly bar while drawing my levels it pass through weekly candles ...whats your advice in similar cases ....
When on higher TF we don't have M+W levels BEEING ON HISTORIC LOWS, the only levels and the most accurate remain the D(in this case the D highs and lows of the candle).
Attached Image (click to enlarge)
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Nothing personal,just business.
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