This introductory post to this thread was changed on 4/5/2020.
Instead of creating a PDF I will be using this introductory page as a place to more clearly explain this method of trading. Starting on page 5 post 93 of this thread will also begin the same explanations of this thread. The difference will be that on this first page the posts will be condensed. Starting on page 5 post 93 the explanations will be interspersed among other posts dealing with current markets and trades.
While this thread is posted in the "Trading Systems" category of FF it is systematic only in the way price is examined (systematically). It is not a thread that tells you to buy or sell when this or that happens. It will identify prime areas where trades should or might be considered. In addition this thread starter will post his trades live and on a live funded account. This is done not to show off but to demonstrate to others the thread-starters commitment to this method. The thread starter assures you that there will be wins and losses and the absolute number of losses is likely to exceed wins. It is only because of proper money management that one is able to be profitable over the long term in trading.
Two major themes will dominate this thread:
1. Price Swings (PS).
2. Price Action (PA).
PRICE SWINGS
This graphic representation serves to demonstrate the definition of swings. It would serve one well to study many charts and practice identifying swings using these definitions.
Attachment g
This graphic representation serves to demonstrate that swings are made up of impulses and corrections. It would serve one well to study many charts and practice identifying impulse swings and corrective swings using these definitions.Attachment g
Instead of creating a PDF I will be using this introductory page as a place to more clearly explain this method of trading. Starting on page 5 post 93 of this thread will also begin the same explanations of this thread. The difference will be that on this first page the posts will be condensed. Starting on page 5 post 93 the explanations will be interspersed among other posts dealing with current markets and trades.
While this thread is posted in the "Trading Systems" category of FF it is systematic only in the way price is examined (systematically). It is not a thread that tells you to buy or sell when this or that happens. It will identify prime areas where trades should or might be considered. In addition this thread starter will post his trades live and on a live funded account. This is done not to show off but to demonstrate to others the thread-starters commitment to this method. The thread starter assures you that there will be wins and losses and the absolute number of losses is likely to exceed wins. It is only because of proper money management that one is able to be profitable over the long term in trading.
Two major themes will dominate this thread:
1. Price Swings (PS).
2. Price Action (PA).
PRICE SWINGS
This graphic representation serves to demonstrate the definition of swings. It would serve one well to study many charts and practice identifying swings using these definitions.
Attachment g
This graphic representation serves to demonstrate that swings are made up of impulses and corrections. It would serve one well to study many charts and practice identifying impulse swings and corrective swings using these definitions.Attachment g