Disliked{quote} Hi omonisha is that an indi that draws the weekly and monthly hi & lo's? if it is would you mind sharing it. thanksIgnored
Enjoy
http://www.forexfactory.com/showthre...69#post8239069
Sad i'm not trying to understand PA
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Disliked{quote} Hi omonisha is that an indi that draws the weekly and monthly hi & lo's? if it is would you mind sharing it. thanksIgnored
Disliked{quote} Yes sure it is our excellent trader griffinssoul creation. You even can enable the open and close of D WK MN. Enjoy http://www.forexfactory.com/showthre...69#post8239069 Post 3,133Ignored
Disliked{quote} Hi Emmanuel, I'm still a beginner reading through the thread, I just took 3 trades on the demo Big E style night time off the 4HR Chart; I've been doing them for a couple of weeks waking up to check them like he used to do, with good results. Given your last post I saw what you meant on the day chart of the GBPUSD, should I always check the day chart before a trade at night, did I do anything wrong on these? Thanks! D {image} {image} {image}Ignored
Disliked{quote} ...We have US data release in about one hour so you have to decide what to do with open trades. regards,Ignored
Regards,
Disliked{quote} Hi Derek, Good to hear that you good results trading H4 following the same style as Big E. It is good to read all his 1324 posts and learn the way he traded. It is not clear if Big E check the day chart when he trade H4. But he has his own way how he read PA and interpret big candle and small candles. He rely solely on the TDI for entry and exit, but only after he had done the basic stuffs as he mentioned often. We have US data release in about one hour so you have to decide what to do with open trades. regards,Ignored
Disliked{quote} Thanks Emmanuel, you do a lot for us newbies and keep this thread alive and profitable ; I will keep working and posting only about anything I cant find. Also, for anyone who is doing the 4 Hour time trade at night, last couple of weeks it's been ideal to get out right before 8:30am Eastern Time. {image} {image}Ignored
Disliked{quote} Hi rupasi It depends on the situation how i approach to the trade. Different situation different approach. I am at learning stage too. But basically every weekend i analyse my pairs. Mark the recent strong and minor areas with the trend. If i see price heading to those area i quickly mark areas of confluence space etc.. wait to see a candle pattern or a pull back near those area with TDI confirmation. Hope i understand youIgnored
Disliked{quote} Hi Donquixote, I knew there was at least one person wiling to help a newcomer in this gigantic thread. It's just I'm new to FF as well, and didn't realize the Paperclip and the quick access it gives to files posted. Thank you very much Donquixote!Ignored
Disliked{quote} http://www.forexfactory.com/attachme...5&d=1433920113 GBPUSD D1 chart update Thursday 11 June: We had a strong bullish rally yesterday after the breakout of the D1 WRB High. Market tested the Historical resistance 1.5539 and close just below it. Today bias is to buy based on the price action and the positive momentum seen with the TDI. But the challenge would be to get into the market with a good entry price. Two possibilities: 1) Look for retracement entry in lower TF H1. 2)Trade away from today' Day Open...Ignored
Disliked{quote} Hi emmanuel 7788! I've closed my position before the data, don't have that experience to deal with such data followed by huge whipsaw. What would b the best strategy/plan to deal with such news? Should we trade or it is better to keep ourselves away from it? Regards,Ignored
Disliked{quote} Hi emmanuel7788: Yes i agree PA is the most vital problem that i'm confronting too especially in trading hourly charts. what do you recommend for better understanding vis-a-vis PA, any readings, videos or something like that? Regards,Ignored