Heres my effort at the Gold excercise.
Sorry charts so small but I'm on a netbook at the moment.
All criticism gratefully received.
Cheers
Sorry charts so small but I'm on a netbook at the moment.
All criticism gratefully received.
Cheers
Fozzy Chat Room 7 replies
DislikedHeres my effort at the Gold excercise.
Sorry charts so small but I'm on a netbook at the moment.
All criticism gratefully received.
CheersIgnored
DislikedWell down. Also, notice how the first touch of your PPZ is also the retouch of the mini inverted head and shoulder's neckline on the left? The target is the projection of the lowest point to the neckline, from the retouch of the neckline. Id est, precisely the m1S zone...
There is no randomess whatsoever. Let they call it noise. At least we can laugh.Ignored
DislikedNice tries on gold
but I see at least 16 good trades on that chart, given only the information provided
Any more attempts?Ignored
DislikedNice tries on gold
but I see at least 16 good trades on that chart, given only the information provided
Any more attempts?Ignored
DislikedHeres my effort at the Gold excercise.
Sorry charts so small but I'm on a netbook at the moment.
All criticism gratefully received.
CheersIgnored
DislikedCouldn't get the dozen on the left.
This is because your screen is bigger than mine.Ignored
DislikedNo criticism at all, but look at that drop in price to form that supply zone. Plenty of sellers here and see how price reacts 3 times off that zone. The big boys leave their fingerprints all over the chart and they're lazy fuckers! All you need to do is spot where those big orders are sitting and the order flow. Easier said than done and it takes time to learn, but be patient... you are on the right path!Ignored
Disliked
Let me warn you though, that If you're having trouble pressing the button on any HTF, master that TF before moving down
On the chart, green lines are patterns, red and blue arrows are, well , you know....
Best
IfIgnored
DislikedThanks for the encouragement and the insight.
I am starting to understand a bit how to spot where the big orders are placed - but when you say order flow, do you mean the speed at which the price drops/rises from the supply/demand zone or the volume ?
Dont mind it taking time, no stress in trying to rush things, just enjoying the ride/ learning curve.
Thanks again - much appreciated
CheersIgnored
Dislikedthe more focus you need and the more stressful it is! If you don't believe me... you will find out soon enough.Ignored
DislikedPrice is everything! Think about it! But that doesn't mean that volume doesn't help! Everything else is confluence. It is a jigsaw and you line up the pieces. Enjoying it is the main thing and focus on the trading! Wish you much successIgnored
Dislikedjust had to post this... 140 pips on euro... 30 minutes of work... god bless technical analysis
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DislikedForget EU, check out EUR/CHF. I was in right at the bottom and exited after 68 pips in about 3 minutes.......aaarrrgghhhhhh!
LET THE PROFITS RUN!!!!!!!!Ignored