Hey deankenny21,good call on the trades,let the people know that sam seiden is the master of this trading approach !!!
DislikedHey deankenny21,good call on the trades,let the people know that sam seiden is the master of this trading approach !!!Ignored
Dislikedso what you say is we go short from 1.3507 upto 1.3475??Ignored
DislikedJust wanted to say thanks for starting this thread. Trying to learn this stuff. I have posted a picture. I would like to know if I have marked this correctly. I appreciate any help you can offer and thanks. Also I dont have skype but would love to join. Never used it lol.Ignored
Dislikednot bad at all, the top area supply, may need to be confirmed because we didnt get much stalling, we want a little stall to give us our balance to shock imbalance!!
the demand areas below seem good, u see that first area already had 2 very near touches for some nice pips
the area below is roughly correct, need to be adjusted a little but you got the idea, im creating a new chatroom not on skype where its easier, and i can get on voice and will be easier to call zone and trades im taking.Ignored
DislikedThe top one is confusing to me. I thought it was the best one. Can I ask you where you would put it. Also thanks for the help. I do appreciate it very much. If you dont have time I understand. That would be awesome if we can get to a room without using skype. Let me know when its around and would love to hook up with yall and learn. Thanks again.Ignored
Dislikedno probs, if you get a area like that, what you do is move down a TF to 1 min in this case, and you can see price action much clearer and where it was balanced, simple as that i marked the zone here on 1 min, move back up to 5 min and bamn you got your zone. That would be a nice short from up there for a few quick pippies. its a nice fresh looking zone
Uploaded with ImageShack.us...Ignored
DislikedFrickin sweet. I see it now haha. Adjusted the one you told me need a little tweaking and its identical. Thats a good sign. Thanks so much for the help.
Quick question. When you say breach the zone we elimnate it. Does the candle have to close through the zone or does a long wick through the zone eliminate it also even if it heads back the direction we wanted it too?Ignored
Dislikedrules for this differ trader to trader, to me if price is able to push right through a zone and breach the other side, close or not i take away the zone, as its not safe to trade anymore, as sellers or buyers in this zone are not in the same area as first predicted, so i delete the area, and search for more.Ignored
DislikedAppreciate the help and answering of my questions. I will note that and eliminate zones like you are doing.Ignored
Dislikedremember, i need to stress this alot
as soon as we are up 5-7 pips stop is moved to BE that is a rule set in stone for me, i start booking some of my trade, and if the market wants to run it can run the rest of the way with my remaining position. If not then no problem breakeven is fine with 5-7 pips banked on some of the position.
alot of people hope and hole on while ive already collected pips and been stopped on rest at BE
We are only looking for a reaction at the zone, not for a swing
remember " WE ARE NOT LOOKING FOR A SWING"