I guess
Trade What You See Not What You Think
Price will move up after it breaks this trendline I think.
Trade What You See Not What You Think
Price will move up after it breaks this trendline I think.
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DislikedI like it because it keeps your mind aware of Price Action. But, always trust your own interpertation of Price Action, not the indictator. It can be misleading as all indicators inherently are.Ignored
DislikedI have a slight feeling this the Beast will not go lower then 205.00. Here is a chart. Comments?Ignored
DislikedI have a slight feeling this the Beast will not go lower then 205.00. Here is a chart. Comments?Ignored
DislikedSure my friend, and I want to add to your words that PA by itself can't be enough to enter a trade and we should keep an eye on s/r levels, pivot lines, fib levels, confluences and trend lines.
In fact because I'm a noob in PA, I've not transfered into PA system completely yet. I'm using other indicators beside this system but I wish someday I can do it. I feel how amazing and exciting can be to decide about entering or exiting a trade in any financial market, just by looking on chart itself. But until that day there is long way for me.
I caught one bearish trade today, right when everybody was saying long long ... it was a successful trade with a nice 100 pips profit. I did it solely based on PA. The indicator alerted me for a MSH (Market Structure High) I hadn't seen this pattern till then and didn't know about that. I went to trading-naked.com and read about it. Because the candle was too long I waited for a retrace and at the next candle i entered a short. I read in that site that this formation has a high rate of success when it occurs. Although I did it conservatively and with a small lot size, but anyway it was a win.
This is that trade:
... so thanks your help guys, I'm learning ...Ignored
DislikedI have a slight feeling this the Beast will not go lower then 205.00. Here is a chart. Comments?Ignored
DislikedSure my friend, and I want to add to your words that PA by itself can't be enough to enter a trade and we should keep an eye on s/r levels, pivot lines, fib levels, confluences and trend lines.
In fact because I'm a noob in PA, I've not transfered into PA system completely yet. I'm using other indicators beside this system but I wish someday I can do it. I feel how amazing and exciting can be to decide about entering or exiting a trade in any financial market, just by looking on chart itself. But until that day there is long way for me.
I caught one bearish trade today, right when everybody was saying long long ... it was a successful trade with a nice 100 pips profit. I did it solely based on PA. The indicator alerted me for a MSH (Market Structure High) I hadn't seen this pattern till then and didn't know about that. I went to trading-naked.com and read about it. Because the candle was too long I waited for a retrace and at the next candle i entered a short. I read in that site that this formation has a high rate of success when it occurs. Although I did it conservatively and with a small lot size, but anyway it was a win.
This is that trade:
... so thanks your help guys, I'm learning ...Ignored
Dislikedit just poped out an inside bar on the 1H...
I am currently long from 204 I might close and reverse if it goes below the inside barIgnored