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Mastering the Art of Trading

  • #1,161
  • Jan 27, 2014 8:22am Jan 27, 2014 8:22am
Thanks Ghous. I got home today and my TP was hit. Amazing. It also forms another pin. I'll set pending order at the same level and see what happens.
Everything you can imagine, is real - Pablo Picasso
  • #1,162
  • Jan 27, 2014 9:39am Jan 27, 2014 9:39am
great thread love it
In trading, you have to be defensive and aggressive at the same time
  • #1,163
  • Jan 27, 2014 8:05pm Jan 27, 2014 8:05pm
Quoting Direwolf
Thanks Ghous. I got home today and my TP was hit. Amazing. It also forms another pin. I'll set pending order at the same level and see what happens.
Nice.

We did pull back to the 1.37 and got rejected pretty nicely. I couldn't pull the trigger though as the trigger bar really didn't close under the consolidation from the left. But good to see you extract some pips out of this one.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 28 KB


g.
I believe . . .
  • #1,164
  • Jan 27, 2014 8:12pm Jan 27, 2014 8:12pm
Quoting Davit
great thread love it

Yes.............. one should pay attention.

Cheers
When the Joker is in the deck.. fear not and play it well
  • #1,165
  • Jan 27, 2014 8:12pm Jan 27, 2014 8:12pm
Here's one I am eagerly watching for a close under the prior consolidation.

Mother of confluences on this one. Trend line, S/R, H&S, RN - you name it.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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g.
I believe . . .
  • #1,166
  • Jan 28, 2014 8:07am Jan 28, 2014 8:07am
Quoting ghous
Here's one I am eagerly watching for a close under the prior consolidation. Mother of confluences on this one. Trend line, S/R, H&S, RN - you name it. {image} {image} g.
Never broke out.

Attached Image (click to enlarge)
Click to Enlarge Name: eursek.png Size: 23 KB


g.
I believe . . .
  • #1,167
  • Jan 28, 2014 8:09am Jan 28, 2014 8:09am
Quoting ghous
{quote} Nice. We did pull back to the 1.37 and got rejected pretty nicely. I couldn't pull the trigger though as the trigger bar really didn't close under the consolidation from the left. But good to see you extract some pips out of this one. {image} g.
The traffic underneath is holding price up pretty well - no surprises.

Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 34 KB


g.
I believe . . .
  • #1,168
  • Jan 28, 2014 8:55am Jan 28, 2014 8:55am
Quoting Direwolf
Thanks Ghous. I got home today and my TP was hit. Amazing. It also forms another pin. I'll set pending order at the same level and see what happens.
TP was hit once again.

Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #1,169
  • Jan 28, 2014 11:21am Jan 28, 2014 11:21am
Quoting Direwolf
{quote} TP was hit once again. {image}
Expertly managed!

Good stuff.

g.
I believe . . .
  • #1,170
  • Edited 11:50am Jan 28, 2014 11:37am | Edited 11:50am
Thanks Ghous.

I think what you do here really compliments my primary method. I look for price action at key S/R so I'm quite familiar with identifying levels. If I can master this concept it should add nicely to my tool set... I'll keep demo'ing until I think I get it!
Everything you can imagine, is real - Pablo Picasso
  • #1,171
  • Jan 28, 2014 2:56pm Jan 28, 2014 2:56pm
[justify]who can t[highlight=rgba(255, 255, 255, 0.8)]ranslate it into Chinese,it's [/highlight]difficult to understand.[/justify]
  • #1,172
  • Jan 28, 2014 11:56pm Jan 28, 2014 11:56pm
Quoting zouleisheng
who can translate it into Chinese,it's difficult to understand.
Did you try Google translate? You have to copy paste the text from here in English on to Google translate and it does the trick.

Let me know if this helps.

g.
I believe . . .
  • #1,173
  • Jan 30, 2014 6:52am Jan 30, 2014 6:52am
Quoting zouleisheng
who can translate it into chinese,it's difficult to understand.
你一定要学好英文！
  • #1,174
  • Edited 4:38pm Jan 31, 2014 3:57pm | Edited 4:38pm
Hi Ghous
Been reading your thread.Is this thread's objective only to focus on fake-out setups or will it do to post some typical S-R TTs as well?
Would like to contribute to this thread here on with my style of trading which is mostly based on j16,LJ stuff and ofcourse fake out ones.
You trade what you believe..
  • #1,175
  • Jan 31, 2014 11:05pm Jan 31, 2014 11:05pm
Quoting Slecent
Hi Ghous Been reading your thread.Is this thread's objective only to focus on fake-out setups or will it do to post some typical S-R TTs as well? Would like to contribute to this thread here on with my style of trading which is mostly based on j16,LJ stuff and ofcourse fake out ones.
You're welcome to share your fake out setups here.

g.
I believe . . .
  • #1,176
  • Feb 5, 2014 1:31pm Feb 5, 2014 1:31pm
hi together,

through some trading research, I found this thread. I was a member in James16 private group and will post some of my trades/backtests in this thread.

I hope, we will exchange a lot of knowledge and become better and very successful traders - anyone in this thread.

Thanks in advance to ghous for this simple, yet effective trading approach!

I attached an image with a demo trade. Are my considerations true?
Attached Image (click to enlarge)
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  • #1,177
  • Feb 7, 2014 3:45am Feb 7, 2014 3:45am
Hello Trades.

Yesterday i remember one of my trades in Oktober 2013. I've testing my strategy under market conditions on a demo acount after backtesting. My strategy was based on PA S&R and TDI indicator. I will not bring in here other stuff and garbadge systems - BUT independent on the system it is in the end a view from a other angle on the same thing.
I trade more konservative and entred a reversal at the 2 or 3th Candle in daily charts. My stops was therefore 100 Pips or more away. And here is the point where "Mastering the Art of Trading" jumps in. While i was thinking about some earlyer and maybee more agressiv entry i read also Ghous thread.
My first reaktion was "How can i oversee this Pinbars" they are so obvious BING and jump in my eye. Last weekend i browse my printed charts from the last month. BING BING BINGBIBIBIBIBIBBING! all over Pinbar reversals on Major support or resistance. And again...... How could i oversee that allways!?!?
And here is some of them EURNZD. More or less a BE trade. How do you thing about the entry, no matter the exit. 4 shure i've got to big expectation.
Dear fellowers. Was this in your thoughts a quality trade or more a lucky one and why?
Attached Image (click to enlarge)
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  • #1,178
  • Edited 5:27am Feb 11, 2014 5:13am | Edited 5:27am
Hello, my first post in the topic, at the beginning of congratulations that you so much want to know is shared, read, read and ask for your assessment of the potential sell-play, BRN HHR 140.0, 61.8 Fibo.Fake, and that if the candle closes the FTA or the area we have a signal to sell? sorry for my English, which is translated by Google.
Attached Image (click to enlarge)
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And now I play something like
Attached Image (click to enlarge)
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my dream Australia.....
  • #1,179
  • Feb 12, 2014 3:29am Feb 12, 2014 3:29am
Quoting francis3388
{quote} Hello, Mr ghous, may I know the ma line you used in Daily, 4H and 1H, what ema ,sma is it? thank you.


Mr ghous, may I know the MA line you used in the EUR ___ H4 chart, what is the ma /ema setting, thank you.
  • #1,180
  • Feb 12, 2014 3:36am Feb 12, 2014 3:36am
Quoting darko40
Hello, my first post in the topic, at the beginning of congratulations that you so much want to know is shared, read, read and ask for your assessment of the potential sell-play, BRN HHR 140.0, 61.8 Fibo.Fake, and that if the candle closes the FTA or the area we have a signal to sell? sorry for my English, which is translated by Google.{image}And now I play something like{image}


Mr Weiss, may I know the light green color MA/EMA line, in your EUR/NZD DAILY chart, what is the setting like, parameter , H, L CLS, thank you. Its a nice Chart... happy trading, thank you in advance. I trust there are traders who would like to know the settings as well.. Bye
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