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Going for it

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  • Post #381
  • Quote
  • Sep 8, 2023 3:14pm Sep 8, 2023 3:14pm
  •  stevepatt
  • Joined Dec 2010 | Status: Never Stop Learning | 5,657 Posts | Online Now
Quoting stevepatt
Disliked
{quote} Hi Yaed, Yes, that is exactly what I do. I mark my Levels of Interest on M15 and Watch for Reaction (Price Action) on M1 There's a lot of Information on the two Charts it's a matter of how YOU see it through your EYES Basically it's Supply and Demand.... I don't Trade EUR/USD only GBP/USD only I find it has bettter Volatility {image} {image}
Ignored
Hi Yaed,

One final Post

Hard Right EUR/USD
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: 8th Sept 23 M15 Observations EUR_USD Mini_20230908_19.49.png
Size: 26 KB
Click to Enlarge

Name: 8th Sept 23 M1 Observations EUR_USD Mini_20230908_20.00.png
Size: 32 KB
 
3
  • Post #382
  • Quote
  • Sep 9, 2023 12:56pm Sep 9, 2023 12:56pm
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Quoting stevepatt
Disliked
{quote} Hi Yaed, Yes, that is exactly what I do. I mark my Levels of Interest on M15 and Watch for Reaction (Price Action) on M1 There's a lot of Information on the two Charts it's a matter of how YOU see it through your EYES Basically it's Supply and Demand.... I don't Trade EUR/USD only GBP/USD only I find it has bettter Volatility {image} {image}
Ignored
One thing i often ponder, and its a great dilemma for me, is if maybe i all i need is the M1 chart? I mean if i am still looking for the s/r zones to be confirmed as active, and if i do that by looking at the M1 chart, maybe all thats needed is the M1 chart?

I knew a guy that did that. Atheer he was called.
Although the greatest trader i know is Nunix, she did not use the M1.
My signature is: "Classified".
 
3
  • Post #383
  • Quote
  • Sep 9, 2023 1:30pm Sep 9, 2023 1:30pm
  •  stevepatt
  • Joined Dec 2010 | Status: Never Stop Learning | 5,657 Posts | Online Now
Quoting yaed
Disliked
{quote} One thing i often ponder, and its a great dilemma for me, is if maybe i all i need is the M1 chart? I mean if i am still looking for the s/r zones to be confirmed as active, and if i do that by looking at the M1 chart, maybe all thats needed is the M1 chart? I knew a guy that did that. Atheer he was called. Although the greatest trader i know is Nunix, she did not use the M1.
Ignored
Hi Yaed,

Yes, I have tried just using the 1 Min. Chart, to Trade, but I have struggled to do this

Mainly because it is difficult know if a Break of Structure on the 1 Min. will lead to a Profitable Movement in Price

It's because of this I have been using the M15 Chart to Find Levels of Interest and wait for Possible Price Action to Enter a Trade on the 1 Min.

A Trader I Respect a Lot, Senjamerah, Trades Gold just using the 1 Min. Chart

It's a work of Art seeing how he Reads Price

Heres the Link to his Thread https://www.forexfactory.com/thread/1187236-sjmr2
 
4
  • Post #384
  • Quote
  • Sep 9, 2023 2:11pm Sep 9, 2023 2:11pm
  •  stevepatt
  • Joined Dec 2010 | Status: Never Stop Learning | 5,657 Posts | Online Now
Quoting stevepatt
Disliked
{quote} Hi Yaed, Yes, I have tried just using the 1 Min. Chart, to Trade, but I have struggled to do this Mainly because it is difficult know if a Break of Structure on the 1 Min. will lead to a Profitable Movement in Price It's because of this I have been using the M15 Chart to Find Levels of Interest and wait for Possible Price Action to Enter a Trade on the 1 Min. A Trader I Respect a Lot, Senjamerah, Trades Gold just using the 1 Min. Chart It's a work of Art seeing how he Reads Price Heres the Link to his Thread https://www.forexfactory.com/thread/1187236-sjmr2...
Ignored
Here's a GBP/USD Example of M15 Level of Interest and 1 Min. PA to Enter
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: 9th Sept 23 M15 Observations GBP_USD Mini_20230909_18.47.png
Size: 27 KB
Click to Enlarge

Name: 9th Sept 23 M1 Observations GBP_USD Mini_20230909_18.53.png
Size: 32 KB
 
4
  • Post #385
  • Quote
  • Sep 9, 2023 2:40pm Sep 9, 2023 2:40pm
  •  turnip15
  • Joined Sep 2006 | Status: Member | 9,941 Posts
Quoting stevepatt
Disliked
{quote} Hi Yaed, Yes, I have tried just using the 1 Min. Chart, to Trade, but I have struggled to do this Mainly because it is difficult know if a Break of Structure on the 1 Min. will lead to a Profitable Movement in Price It's because of this I have been using the M15 Chart to Find Levels of Interest and wait for Possible Price Action to Enter a Trade on the 1 Min. A Trader I Respect a Lot, Senjamerah, Trades Gold just using the 1 Min. Chart It's a work of Art seeing how he Reads Price Heres the Link to his Thread https://www.forexfactory.com/thread/1187236-sjmr2...
Ignored
Is that the Asian Markey he is trading. Steve?
every Saint has a past. Every Sinner has a Future
 
1
  • Post #386
  • Quote
  • Sep 9, 2023 2:48pm Sep 9, 2023 2:48pm
  •  stevepatt
  • Joined Dec 2010 | Status: Never Stop Learning | 5,657 Posts | Online Now
Hi T,

Yes, it's mainly through Asia that he Trades, less Volatile but enough movement for him to make his Profit.

It's about knowing the Market you are Trading
 
3
  • Post #387
  • Quote
  • Sep 10, 2023 10:24pm Sep 10, 2023 10:24pm
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Quoting stevepatt
Disliked
{quote} Here's a GBP/USD Example of M15 Level of Interest and 1 Min. PA to Enter {image} {image}
Ignored
Its quite similar to what i do.
My signature is: "Classified".
 
 
  • Post #388
  • Quote
  • Sep 10, 2023 10:26pm Sep 10, 2023 10:26pm
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Quoting stevepatt
Disliked
{quote} Hi Yaed, Yes, I have tried just using the 1 Min. Chart, to Trade, but I have struggled to do this Mainly because it is difficult know if a Break of Structure on the 1 Min. will lead to a Profitable Movement in Price It's because of this I have been using the M15 Chart to Find Levels of Interest and wait for Possible Price Action to Enter a Trade on the 1 Min. A Trader I Respect a Lot, Senjamerah, Trades Gold just using the 1 Min. Chart It's a work of Art seeing how he Reads Price Heres the Link to his Thread https://www.forexfactory.com/thread/1187236-sjmr2...
Ignored
I had a little look at his charts and he is looking for the same patterns as i do.
My signature is: "Classified".
 
 
  • Post #389
  • Quote
  • Sep 11, 2023 4:05pm Sep 11, 2023 4:05pm
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
I think that pretty much all good traders actually do something rather similar.
Its just that they describe it differently...
The figure out when price seem to turn the other way and roughly for how long its going to keep going.
My signature is: "Classified".
 
1
  • Post #390
  • Quote
  • Sep 12, 2023 2:45am Sep 12, 2023 2:45am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Most brokers dont provide sell limits below price and buy limits above, why is that?
I mean its a very simple line of code for them?
Because they want you to sell in a buy trend and buy in a sell trend. They want you to be a sucker, behave like an idiot. Because the banks benefit that way.

Of course they can give you any bullshit reason for it.
How would they prove its why they say?

Dont be a sucker.
Dont be an idiot.
Dont belive the lies.
My signature is: "Classified".
 
 
  • Post #391
  • Quote
  • Sep 12, 2023 3:10am Sep 12, 2023 3:10am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Oh and another thing...
Microsoft is a den of thieves.
Windows is a pile of rottening turds.
My signature is: "Classified".
 
 
  • Post #392
  • Quote
  • Sep 12, 2023 3:13am Sep 12, 2023 3:13am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 3 KB

Thats a sell
My signature is: "Classified".
 
 
  • Post #393
  • Quote
  • Edited 3:33am Sep 12, 2023 3:15am | Edited 3:33am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
I mean, when you loose the money in your account, who gets it?
And through fractional reserve banking, how much money can those people lend using the initial amount?
Oh and one more question: Would a bank prefer that you have the money or that they have it?
Would a bank prefer to control some money or would they want you to control it?
Even though they kind of control if as long as they got it even though "its yours" somehow...
My signature is: "Classified".
 
 
  • Post #394
  • Quote
  • Sep 12, 2023 3:38am Sep 12, 2023 3:38am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 3 KB

If it dont work out this time im going to close it...
My signature is: "Classified".
 
 
  • Post #395
  • Quote
  • Sep 12, 2023 3:44am Sep 12, 2023 3:44am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
These days ive got a 0.6 spread on E/U. But it moves 65 pip a day.
In 2011 i hade 1.6 spread but it moved 150 a day.
It almost a simple straight up linear formula...
My signature is: "Classified".
 
 
  • Post #396
  • Quote
  • Sep 13, 2023 4:51am Sep 13, 2023 4:51am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 13 KB

sell
My signature is: "Classified".
 
 
  • Post #397
  • Quote
  • Sep 13, 2023 5:21am Sep 13, 2023 5:21am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 7 KB

If we dont break down this time i will close it.
Remember its a psychological thing, not a linear mathematical...
My signature is: "Classified".
 
 
  • Post #398
  • Quote
  • Sep 18, 2023 12:17pm Sep 18, 2023 12:17pm
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
What was the best thing i did for my trading in 2023?
Daoism.

I have a mind to sell, but not quite yet. I will go punch, elbow, knee and kick the bag a thousand times and then when i come back i will probably sell.
Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 20 KB
My signature is: "Classified".
 
1
  • Post #399
  • Quote
  • Sep 20, 2023 5:33am Sep 20, 2023 5:33am
  •  yaed
  • Joined Jul 2010 | Status: Determined | 5,240 Posts
Quoting stevepatt
Disliked
{quote} Hi Yaed, Yes, I have tried just using the 1 Min. Chart, to Trade, but I have struggled to do this Mainly because it is difficult know if a Break of Structure on the 1 Min. will lead to a Profitable Movement in Price It's because of this I have been using the M15 Chart to Find Levels of Interest and wait for Possible Price Action to Enter a Trade on the 1 Min. A Trader I Respect a Lot, Senjamerah, Trades Gold just using the 1 Min. Chart It's a work of Art seeing how he Reads Price Heres the Link to his Thread https://www.forexfactory.com/thread/1187236-sjmr2...
Ignored
I came to think of this and probably i will give gbp/usd some attention and see if i can get a feel for the price action.
My signature is: "Classified".
 
1
  • Post #400
  • Quote
  • Sep 20, 2023 11:53am Sep 20, 2023 11:53am
  •  stevepatt
  • Joined Dec 2010 | Status: Never Stop Learning | 5,657 Posts | Online Now
Quoting yaed
Disliked
{quote} I came to think of this and probably i will give gbp/usd some attention and see if i can get a feel for the price action.
Ignored

Hi Yaed,

GBP/USD has more movement than EUR/USD certainly, for me, makes it easier to Trade.....
Attached Image (click to enlarge)
Click to Enlarge

Name: 20th Sept 23 M15 Observations GBP_USD Mini_20230920_16.38.png
Size: 44 KB
 
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