atheer1
You talk the talk I walk the talk 8 replies
Much of Forex talk is illusional esoteric talk 141 replies
What is the difference between an "interday" chart and "intraday" chart? 2 replies
Disliked{quote} Thanks Atheer, your view on GBPUSD now please? Is this sell zone?Ignored
Dislikedgreetings Atheer what do you make of usdjpy? please don't make me post embarrassing charts.Ignored
Dislikedusdjpy I see bulls with the power as it stands (zonal advantage) ..what do you think?Ignored
Dislikedusdjpy I see bulls with the power as it stands (zonal advantage) ..what do you think?Ignored
Dislikedok here iit goes nothing : as I see it zone 2 intermediate weak bulls(might hold), and zone 1 strong expecting rebound again as the first rebound which created zone 2 and zone 3 bears which I think they are hurt but charging . Please don't kill me.Ignored
Disliked{quote} *** we take trades based on reactions of the current price or candles to previous zones.............. *** it depends on your view to the price whether a reaction to certain zone is enough to take the trade or not...............so risk appetite is important in addition to candles themselves *** Your drawing of zones can not be judged right or wrong if you are not using the lines as a way of marking zone not the high or low...... *** in chart no 1 I projected the zone from 23 Oct to 28 Oct not because another zone equal to that on the left...Ignored
Disliked{quote} hi atheer1 thank you for the answers! That brings some light to the darkness of trading forex. I have got another question: {image} would you consider this as a good buy signal(break zone marked with oragne lines by bullish candle pointed with arrow)? Additional we can see price reacted nicely to the previous zone(plotted with green doted line) and revers price to the north direction. What do you thnik about this? Or because of some other reason candle pointed by an orange arrow tell not take this buy trade yet ?Ignored
Disliked{quote} orange zone you marked is good for a buy from the 1st green candle as it reacted very well to the dotted green zone.........but after all fx is risk taking job,so you have the choice to take this trade or wait for other confirmatory price candles.............Ignored
Disliked{quote} Yes that is if you think of the chart as hourly.............try to see what happened on daily and try to connect the picture so that to fit all the frames at one analysisIgnored