Nice, are you still in it?
Best,
Jacob
Trading Strategies Using Price Action & Order Flow
Best, Jacob {image}
{quote} Hey Steve, First of all, we found support again on this level, niceSecond, you can watch at the chart and see that that area where price had stalled doesn't jump at you like the swing low point the PB was formed at. Even where I TP, I think that price will break it to the upside until it will meet a much significant area where heavy sellers might be. I always reduce risk or TP at flip areas, those areas are where price might stall / reverse at me, it's a matter of practice and watch many hours at chart seeing where price is...
yeah these little snippets of your thinking help me heaps. Thanks.
Are you studying just chart/bar/PA movement. Do you take into account things like order board information - for where seller/buyers may be lurking?
Are there any books/Utube vids (and the like) on S&R, PA you would recommend?
Cheers
Steve
Health Wealth and Happiness
- #105
- Edited 2:41am Nov 9, 2017 2:07am | Edited 2:41am
{quote} Hey Jacob yeah these little snippets of your thinking help me heaps. Thanks. Are you studying just chart/bar/PA movement. Do you take into account things like order board information - for where seller/buyers may be lurking? Are there any books/Utube vids (and the like) on S&R, PA you would recommend? Cheers Steve
I'm so glad it helps you, I really do
Most of my trading is things I had developed on my own, besides bar shapes that I aggregate on the 1H TF to higher TF (like EJ 7H) which are James shapes.
I want to say that I don't trade any bar shape, I need specific rules to happen in order to take it, those rules are mine and has nothing to do with James group.
Sellers / buyers are always around flip areas, that's it, that's why you don't need any indicators
In Youtube I would highly recommend Mike's videos and ljforexgroup videos, it's a good place to start despite I don't trade that way.
I want to add that Mike (MBQB11) is one of the most brilliant traders I know, and I say that while we trade very differently.
For mental videos I would highly recommend Tom Dante's videos (there aren't that many).
I hope that my webinar will help as well, I just need to find the right time slot for it.
Always feel free asking questions
Best,
Jacob
- #106
- Nov 9, 2017 2:36am Nov 9, 2017 2:36am
A very risky trade now on EJ to go short. I won't take it but it would be nice to see how it will play out. I will add the chart later today. Best, Jacob
I will add my charts later today.
Best,
Jacob
Fenix Capital Mgmt Return This Month:
na
{quote} Hey Steve, I'm so glad it helps you, I really do
Thanks for these - I have watched the ljforexgroup video on FTB (very good) also Tom Dante's stop moaning and start improving - Brilliant! love the sense of humour and no nonsense say it as it is - great stuff
Many thanks for the links
Steve
Health Wealth and Happiness
Fenix Capital Mgmt Return This Month:
na
- #113
- Nov 9, 2017 10:01am Nov 9, 2017 10:01am
Okay, i'm going to conduct my free webinar next week, 11/16, this will take place during the night hours in Europe. A couple of things : It's my first time doing such a webinar, I would highly appreciate your patience and help with this. For those of you that can't attend the webinar, I want to record it and upload it so you would have the chance to at least see it, I would highly appreciate if you could recommend how to record the webinar. I would highly appreciate if you could please suggest a platform in which we can interact (I was thinking...
Thank you
Fenix Capital Mgmt Return This Month:
na
Fenix Capital Mgmt Return This Month:
na
