I'll go to read the last day stuff...seems you guys are busy 
My old chart..
4th green line developing
GL.
My old chart..
4th green line developing
GL.
Beware of robber banks (RB), bad advisors. 
- #28,342
- Jul 12, 2018 4:08pm Jul 12, 2018 4:08pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
{quote} ....I will ask you a simple question. But first read the story to it: A 6 year old student is running to a university nearby. So this 6 year old student tries to ask all the university teachers for help to understand Advanced Mathematics. He runs to one professor then to another back and forth. He asks and asks and begs and hassles around all day. The professors answer and answer and answer. Nobody is rude to him. But as days pass neither does the 6 year old understand what the Professors are trying to teach him nor do the Professors enjoy...
I'm going to say (5).
If I'm wrong,
#helpabrothaout
Without VSA, you're playing checkers while the Smart Money plays chess.
- #28,344
- Jul 12, 2018 4:35pm Jul 12, 2018 4:35pm
- Joined May 2014 | Status: Full Time Trader | 27,265 Posts
Focus only on what truly matters!
- #28,347
- Edited 7:29pm Jul 12, 2018 7:18pm | Edited 7:29pm
quick update from Malaysia
local time here is morning, 3 hours after the closing of NY session, this is what i seen from my naked eye
u do not need any complicated indicators or fib lines, just remember to analyse & determine price bar (in order to locate visible demand & supply), price context and also flip through the higher timeframes like what i see below
simple stuff huh? this is exactly what i do everyday (quick overview) before the london session, i draft a plan from here, then i can determine what price action (h1/h4) to look for, around these price zone, during the major active market hours
this is also what Teek means to Moty, to read & focus on price action and price context rather than putting tones of messy MA & other lagging indicators
i do use an indicator which is bollinger bands, sometimes to assist me to determine price context & to find out any conflunece of price with supply & demand zone
local time here is morning, 3 hours after the closing of NY session, this is what i seen from my naked eye
u do not need any complicated indicators or fib lines, just remember to analyse & determine price bar (in order to locate visible demand & supply), price context and also flip through the higher timeframes like what i see below
simple stuff huh? this is exactly what i do everyday (quick overview) before the london session, i draft a plan from here, then i can determine what price action (h1/h4) to look for, around these price zone, during the major active market hours
this is also what Teek means to Moty, to read & focus on price action and price context rather than putting tones of messy MA & other lagging indicators
i do use an indicator which is bollinger bands, sometimes to assist me to determine price context & to find out any conflunece of price with supply & demand zone
- #28,352
- Edited 8:41pm Jul 12, 2018 8:28pm | Edited 8:41pm
{quote} sometimes for daily intraday i too use fibs (eg: if current wave is bearish, i will draw a down/short fibs, look for retracement & take bearish signal) sometimes after lets say u manage to make a sell trade, i also draw fibs connecting the most visible low from daily chart to determine potent target profit levels of course u must draw your fibs accurately, one way is to look for confluence with demand & supply zone after you drawn your fibs
this is how i do it
always draw your fibs correctly with the context of price
logic: price make a new highs this week and rejected from 1.1790 and now is making a bearish wave, hence draw your down/short fibs
witness where the supply & demand zone confluent with the fibs, also make sure to scroll through other timeframe (if u see context from D1, then use nearest H4) to check and validate
{quote} again, i stick to my original plan today supply zone to watch out for possible price action; 1.1700 & 1.1740 currently price is growing slowly and may eventually touch 1.1700, maybe before NY session close looking for trade setup to present itself (if any) by tomorrow {image}
and if u still follow my post yesterday,
this is how i was able to determine why 1.1700 and 1.1740 is the significant level zone
after that, all i have to do is to sit back & wait
to wait for price retest around these levels (and look for price action clue) during major market opens (btw, i dont trade tokyo session, i only wait until Frankfurt & London opens, then between London and before NY opens price usually ranging= so no trade unless price action gives clue, and trade after NY opens)
1 tip you can always train yourself is to look for what kind of price action market gives in the H4 candle chart, usually H4 chart can summarize a market session price action and provide logic context that can be used to assist your trade decision
- #28,353
- Jul 12, 2018 9:09pm Jul 12, 2018 9:09pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,077 Posts
Shrt @ 16659 SL @ 16706 TP @ 16544 (previous 4h low)
- #28,357
- Jul 12, 2018 11:45pm Jul 12, 2018 11:45pm
- Joined Jun 2013 | Status: enjoying life | 23,898 Posts
- #28,358
- Jul 13, 2018 12:38am Jul 13, 2018 12:38am
- Joined Mar 2017 | Status: Impeccable | 2,829 Posts
eu daily, HaPpy weekend Traders{image}
Self discipline It is a practice
- #28,360
- Jul 13, 2018 1:12am Jul 13, 2018 1:12am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
Good morning
Friday before London Open, nothing to do here (for me).
Updated H1
Japan is beautiful, watch correlations
Friday before London Open, nothing to do here (for me).
Updated H1
Japan is beautiful, watch correlations
you are not expected to understand this