{quote} In thus market no ibe is wrong. Just some timely entries and some premature ones. I see a supply zone. A sttong one at 146.02 / 146. 15 on 1 hr chart. But like always PA is the king.
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Clockwork action. Went long 145.60 for 50 pips. It touches 146.15 and down 20 odd pips already. Will go long again question is should i just jump in or wait till NYC...hmmm
{quote} Clockwork action. Went long 145.60 for 50 pips. It touches 146.15 and down 20 odd pips already. Will go long again question is should i just jump in or wait till NYC...hmmm
We all have same charts kara, mine only has 2 lines up and 2 lines down....no indicators, no colours nothing fancy. Thats why i just talk price. These prices can be checked on all charts...☺. Or posts can be ignored as well.
for short? I agree but it is important to note that now market is bullish.... unless there is an obvious reversal sign, trying aligning your self with strength. remember anything can happen... happy trading
{quote} We all have same charts kara, mine only has 2 lines up and 2 lines down....no indicators, no colours nothing fancy. Thats why i just talk price. These prices can be checked on all charts...☺. Or posts can be ignored as well.
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Just ffor information. I have no system to sell. I am an OTA grad. Trading SDLevels for 4 years. Still learning from these threads.
I'll share a golden rule of my institute with you.
At every xone, look how the price is leaving the zone. It MUST be in a minimum of 2 ERC extended range candles.
Look at SZ at 4 hours how it left the xone and then how long it took the price to vidit back to this price.
old school trading on the daily, the objective is to let it run for hundreds of pips and bit luck is required. I like this style as no need to look at computer just let it run. You only need to get 1 correct out of 5 or 10 due to the massive profits.
old school trading on the daily, the objective is to let it run for hundreds of pips and bit luck is required. I like this style as no need to look at computer just let it run. You only need to get 1 correct out of 5 or 10 due to the massive profits. {image}
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Market has changed in its dynamics, opportunities to take position trades kike this one still exists but not very often. There is FA and TA and then their are tweets and risk events and now manupilation by big boys have increased many folds. 3 years ago a midterm swing of 300 odd pips would take a week. Now if you look at the gyration 300 pips gives you 10 100 pips trades (as an example). I aim for 150 pips a week. It gives me enuff dough to manage my life.
{quote} will the trade be profitable?.. I dont know? we will find out{image}
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Boss, can you please tell me where this zone is. I cant seem to locate it. The big gbp news candle has violated all the small zones, can you please direct me to the rally base rally or the drop base drop assuming that it is a supply zone u r talking about..??. Please help.
old school trading on the daily, the objective is to let it run for hundreds of pips and bit luck is required. I like this style as no need to look at computer just let it run. You only need to get 1 correct out of 5 or 10 due to the massive profits. {image}
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it seems to be shaping up to look like a nice short off that 4H trendline.
I may grab a few shorts, but am biased towards the long, and feel better adding longs on the way down, for the eventual explosion back north.
If you have a sneaking suspicion that price may explode north, you are feeling the right feeling... : 00
{quote} Boss, can you please tell me where this zone is. I cant seem to locate it. The big gbp news candle has violated all the small zones, can you please direct me to the rally base rally or the drop base drop assuming that it is a supply zone u r talking about..??. Please help. {image}
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partner, I am trading a cocktail of systems one of them being supply and demand. Currently in trial mode so please don't ask more for now until well refined
{quote} Boss, can you please tell me where this zone is. I cant seem to locate it. The big gbp news candle has violated all the small zones, can you please direct me to the rally base rally or the drop base drop assuming that it is a supply zone u r talking about..??. Please help. {image}
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NMZee weekly supply and demand is noted in aqua, criminson is the 4H S/D
{quote} NMZee weekly supply and demand is noted in aqua, criminson is the 4H S/D {image}
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thanks rmfm, i just posted the 4 hr s/d z. I wanted to know about the zone quoted by karasinga as i can see it on the 1 hr chart. Unless its a weak violated zone. Even then i cnt pick if its. Demand zone or supply.
Dragon Riders GBP/JPY
