Disliked{quote} Thanks for clarifying. I like what I'm seeing but if I'm totally honest, I still don't quite understand some of the comments in the original posts. Perhaps I could ask more questions about what I'm finding confusing?Ignored
1
Mastering the Art of Stop Loss 40 replies
Trading Swing by Swing 39 replies
Mastering the Art of Trading 1,467 replies
Mastering Price Action - tunguska Journal 18 replies
Disliked{quote} Thanks for clarifying. I like what I'm seeing but if I'm totally honest, I still don't quite understand some of the comments in the original posts. Perhaps I could ask more questions about what I'm finding confusing?Ignored
DislikedI have my gold chart. Top TL is from the H4 and the bottom TL is joining the swing bottoms on the H1. We can see price doesnt like that TL where it is now and keeps rejecting it trying to go up but also a bit stuck there too. I am still puzzling over the LTF charts and how to implement some trades there. But keep posting bossman, we will get there. {image}Ignored
DislikedGood morning Gentlemen. I'm new to answering on treads, I read this and liked what I seen and put it to test about an hour ago and have put some pips in the bank already. Thank you a lot gentlemen. I am going to study this tread and will more than likely be asking some questions in the near future. Cheers RikIgnored
DislikedThanks SCSSTNT, I like your tread as you have just talked about learning and the importance of certain aspects. No beating around the bush or over opinionated replies. This looks like it is going to match in with the other learns I am working with at present. I am happy I woke up in the dark hours this morning to find this tread, great start to my Friday. Have not finished reading all posts yet, however just wanted to check the times you have mentioned being 9pm Tokyo open, 2am London open and 8am being the NY open, would that be a correct judgement?...Ignored
Disliked{quote} Sure,you're welcome to ask......I'll try my best to find straight forward answers,this is why I created the thread,help others and learn too.Ignored
DislikedThanks for answering and that link you put up, I must have missed something along the way as I did not know that was available or I'm just a little slower than others I just used the same theory on oil with good result so far. they are smaller moves that I worked with, and still proved to work. This is by far my best trading week ever. It is only going to get better from here with your thread.Ignored
Disliked{quote} Great stuff, thank you very much. OK, I'll start with a few general questions if that's OK. Please reference one of your early charts below:- {image} 1) Where you have specified "H1 TL", you are referring to the ZZ, not the adjacent horizontal line? 2) Looking at point #2, you use that point as the main reference. So, if a horizontal line (HL) drawn at the lowest body at #2 intersects anywhere with price at #1, we have the initial connection and requirement? 3) Is the point of the HL intersection with#3 to show a break of trend in order...Ignored
Disliked{quote} 1. The ZZ make automatic swing points according to its inputs,thats the indicator.Manually you construct a TL using those points. 2. Point #2 close price at bearish H1 candle.This position on the TL is valid as a connection on price holding the line even with a wick, as long as the body is supported above the line we look for another extension on price.1 & 2 must make some some level to be extended on point 3 in the future.Sometimes it will move away from point #2 and now make 3,as we expect price holding on a tangent. 3. At each point from...Ignored
Disliked{quote} I'll always answer and thanks for asking,its easy to miss information in real time,it happens with me,I lost the opportunity getting in at the best times for trading,I don't worry,you not slow,no way...yes Oil is good for smaller time frames getting i and out quickly.....I'm happy to have you...keep safe with the situation all over bro,same to your family.Ignored
Disliked{quote} Thanks for your fantastic explanation! It's starting to make much more sense now. Please kindly refer to the image below. Have I understood the correct location(s) of points #1, #2 and #3 ? The reason I ask is the white line intersects three lows but, the ZZ misses one of the lows so, just to be sure, I thought I'd ask {image} Thank you very much!Ignored
Disliked{quote} {image} We now have #1 followed by THREE (3) #2s At a certain point in time we always think that the preset low is the low we expect the market to paint with prices and candlesticks.This does not happens,for many reasons,I highlighted 3 areas,we take the fist low mark the level after candle on H1 closed and place vertical line,on lower TF we do look for 123 patterns to the left and present price action,if none is available,we wait.Price retraced up and came back down giving us the LH/LL combination and at point,now the 2nd low...Ignored
Disliked{quote} Looks like the TL are being drawn from candle bodys and not the wicks? That would mean the lower TF candles will break the TL before reversing back thru.Ignored