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PA based LTG

  • #141
  • Aug 11, 2017 2:54pm Aug 11, 2017 2:54pm
Quote
I don't call anything a fake signal LOL. I call it a trap. your experience in this trading will help you to learn to avoid them.

Nonetheless any setup has losses no matter what you do.

hey i am that's gave idea new guys identify fake signal... mostly poeple analysis one chart only,,,we need entry before multy chart analysis lol....................
english is very hard me
  • #142
  • Aug 11, 2017 2:59pm Aug 11, 2017 2:59pm
Kathy Lien analysis


The biggest driver of currency flows this past week had nothing to do with monetary policy or economic data. Instead, the escalation of tensions between the U.S. and North Korea sent USD/JPY sharply lower as investors worry that this heated exchange could result in military action. Although we firmly believe that the threat of war — let alone nuclear war — is slim, as this era has been one of the most unpredictable in history. Bottom line? Be prepared for the unexpected. Many of our readers are asking how far the dollar could fall if the U.S. goes to war with North Korea but before discussing this, we want to point out that while the dollar is down sharply this week versus the yen, it strengthened against other major currencies like sterling and Australian and New Zealand dollars. So while there’s no question that war is negative for USD/JPY, it can initially drive the dollar higher against high-beta currencies such as AUD and NZD. As a rule of thumb, the Japanese yen and Swiss franc perform best during times of war, which means all the yen crosses, including USD/JPY, will weaken.
Taking a look at some of the major military conflicts over the past 3 decades, the Dollar Index suffers greatly when there is war. Not only does the cost of war require an expansion of money supply, commodity prices also tend to rise, putting additional pressure on the U.S. economy. In the 2 months from when the conflicts in Libya started, the Dollar Index dropped nearly 5% while during the first 3 months of the second Gulf War, the index fell more than 9%. We saw similar weakness after the first Gulf War and then later when there were missile attacks on Baghdad. U.S. stocks tend to perform poorly, though generally during the month before war begins rather than the month after. This time around, how currencies behave depends largely on how China responds. If China stays neutral and doesn’t provide any support to North Korea, the yen, Australian and New Zealand dollars will have a smaller reaction (although still a big one) than if China inserts itself in the conflict. Since there’s no doubt that North Korea will lose and lose quickly, as the tensions grow the dollar will suffer and the actual announcement of war could take USD/JPY to 105. But if a swift victory transpired, the pair would recover quickly. The bottom line is that the outlook for USD/JPY is grim and 108.50/108.00 is probably the next stop for the pair.
Aside from the threat of war, U.S. data has been far from impressive with jobless claims rising as inflationary pressures remain subdued. Monetary policy committee members aren’t happy with the current state of inflation and their feelings are reinforced by the weaker-than-expected consumer- and producer-price reports. According to Fed President Dudley, it will take some time for inflation to rise to 2% as the weaker dollar affects import prices. As a result, year-over-year price measures will be depressed for a while and the economy may be a bit more sluggish on the margin. Dudley is one of the main architects of Fed policy and his cautious views confirm that the central bank is in no rush to raise interest rates. This sentiment is shared by FOMC voter Evans and Fed President Bullard. Looking ahead, the most important releases on the U.S. calendar will be the FOMC minutes and U.S. retail sales. Although consumer spending could be supported by the rise in wages and rally in stocks, the Fed minutes are likely to be less hawkish as the central bank doesn’t seem to want to commit much beyond September balance-sheet normalization.
Meanwhile, the risk aversion created by U.S./North Korea tensions also put significant pressure on commodity currencies. The New Zealand dollar was the worst performer and more losses are likely in the coming week. According to Governor Wheeler, the Reserve Bank is not happy with the value of the currency as he brought up the possibility of intervention after this month’s monetary policy announcement. The RBNZ left interest rates unchanged at 1.75% and said inflation could decline further in coming quarters. Wheeler also talked about how currency intervention is always an option. Assistant Governor McDermott emphasized the significance of Wheeler’s comments by saying the RBNZ changed the NZD language to signal their unease — the first step toward possible intervention. The RBNZ opened up a can of worms and next week’s PMI services, retail sales and producer price reports probably won’t lend much support to the currency, especially after the slowdown in manufacturing PMI index. We see NZD/USD falling back to 0.7250 and possibly even 0.7200.
Unlike the New Zealand dollar, the Australian dollar quietly drifted lower this past week as the threat of war is positive for gold and commodity prices, which is good for AUD. U.S. Treasury yields also fell more aggressively than Australian bond rates and this change in the yield spread helped to limit the slide in AUD/USD. With that in mind, the Australia
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english is very hard me
  • #143
  • Aug 11, 2017 3:28pm Aug 11, 2017 3:28pm
Quoting hitan234
fake signal {image} {image}
but it had a preety good context, so it could bring some green pips.
  • #144
  • Aug 11, 2017 3:31pm Aug 11, 2017 3:31pm
I agree with the videos that ensale shared and emanuel788 has explained that fundamentals or particular Red News only points to peak times of liquidity and momentum by the Banker/Broker Market Makers against us, the Forex retailers. Also, the notion of having The Edge as per Mark Douglas, that Davits here on his FF thread explains, is there is no guarantee on the direction ever during the major news and usually is opposite to the biased news. The above free videos on youtube regarding retail forex trading and those of Mark Douglas on youtube are worth reviewing to have the right overall mindset as a trader. And of course, the above brilliant quotes of the billionaire Warren Buffet, puts into perspective why only 5 to 10% are consistently successful and make sure you have more than one source of income!
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #145
  • Aug 11, 2017 3:39pm Aug 11, 2017 3:39pm
finaly week resuilt
small lose run 50pip
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english is very hard me
  • #146
  • Aug 11, 2017 5:03pm Aug 11, 2017 5:03pm
Quoting ensale
The genie recommend's these 3 videos for your further development. 1. https://www.youtube.com/watch?v=0iwG...eature=youtube - Step's of 3. 2. https://www.youtube.com/watch?v=8H1VR43W9kM - Smart money manipulation 3. https://www.youtube.com/watch?v=2zNCEZWjU2Q - Timing your entries
Good with the videos.
  • #147
  • Aug 11, 2017 5:17pm Aug 11, 2017 5:17pm
Here is the way I would typical see a trade for a double top.

Double top is formed, price breaks the last low and then pulls back to test the low. This is usually a good entry.
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  • #148
  • Aug 11, 2017 5:25pm Aug 11, 2017 5:25pm
Quoting ensale
{quote} I am slowly explaining the method.. other's such as emmanuel, hitan are price action expert's who are free to share here.. It's price action based. so you or anyone can learn from their techniques..
I dont care if they are expert or not but they are already doing it on the other threads why would they repeat it here? It will just confuse us and others unless its the same as what you are going to teach us here.
  • #149
  • Aug 11, 2017 5:48pm Aug 11, 2017 5:48pm
Quoting mario777
{quote} I dont care if they are expert or not but they are already doing it on the other threads why would they repeat it here? It will just confuse us and others unless its the same as what you are going to teach us here.
Will see how it goes. . i Know Emmanuel very well and can credit him for learning a lot about big time frames, what he shares will be helpful to this thread.. It's PA based..

I will look after you, not to worry. after my first 100 pages are done I will compile the method for you. if you want to follow the full process, then try and keep up with us here day by day...
It's in fear when people show what they truly value.
  • #150
  • Aug 11, 2017 7:46pm Aug 11, 2017 7:46pm
Hi ensale, nicely done with your new thread! Best wishes and keep it going! Really good material and I'd like to jump in with some charts as you go along. Good trading!
  • #151
  • Aug 11, 2017 8:13pm Aug 11, 2017 8:13pm
Quote
Hi ensale, nicely done with your new thread! Best wishes and keep it going! Really good material and I'd like to jump in with some charts as you go along. Good trading!


we need to experience trader here pls active thread
english is very hard me
  • #152
  • Edited Aug 12, 2017 9:54pm Aug 11, 2017 10:34pm | Edited Aug 12, 2017 9:54pm
Hi ensale,
I have been around for sometime on FF Threads here learning from many authors with their Threads and methods. You know, as others here, that you do have a very good LT approach to trading focusing on the double tops and bottoms using the higher H4 and D1 TFs..
So, do not listen to the negative folks that spring up. You received blessings from emanual7788 himself on your new thread because he sees how you can add value in helping us, the retail Forex traders, to add a supplemental income.
Stay strong and ignore nonsense from people that would interfere with your objectives to help the rest of us interested in trading on the H4 and Daily TFs.
I look forward to next week working your approach.
I do follow and trade the lower TFs on M15 and M30 using Davit's methods and attempt Cigarguy's Fast In Fast Out (FIFO) usng the M1 TF with some good results as well. But, I am interested in using the higher TFs using your approach to reduce my daily stress for my personal heath.
So, I believe we need you to stay as long as you enjoy what you are doing and not allow your work to interfere with your health.
Cheers !
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #153
  • Aug 11, 2017 10:40pm Aug 11, 2017 10:40pm
Quote
Hi ensale,
Hi ensale,
I have been around for sometime on FF Threads here learning from many authors with their Threads and methods. You know, as others here, that you do have a very good LT approach to trading focusing on the double tops and bottoms.
So, do not listen to the negative folks that spring up. You received blessings from emanual788 himself on your new thread because he sees how you can add value in helping us, the retail Forex traders, to add a supplemental income.
Stay strong and ignore from this thread folks that would interfere with your objectives to help the rest of us interested in trading on the H4 and Daily TFs.
I look forward to next week working your approach.
I do follow and trade the lower TFs on M15 and M30 using Davit's methods and attempt Cigarguy's Fast In Fast Out (FIFO) usng the M1 TF with some good results as well. But, I am interested in using the higher TFs using your approach to reduce my daily stress for my personal heath.
So, I believe we need you to stay as long as you enjoy what you are doing and not allow your work to interfere with your health.
Cheers !


keep up'''good advice
english is very hard me
  • #154
  • Aug 11, 2017 11:15pm Aug 11, 2017 11:15pm



world is number one forex strategies price action

clear price action.
i am mainly focus price action
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english is very hard me
  • #155
  • Aug 12, 2017 1:07am Aug 12, 2017 1:07am
Quoting ensale
Ok.. Here's an opportunity for folks. don't discount the fact that it's an incredible opportunity to learn and be part of a group of people that will share their techniques. SO! I Need 10/15 people to be a part of it. If your interested then either PM or post a reply. i Want to see how many people are prepared to come with a clean slate, fresh mind and a positive attitude without having much more to go on but this introduction. And yes GENIE will be there! P.SS Throw out the butterflies pattern's out off your head.
Please add me in the group. I'm intrested to be part of the learning group. Thx
  • #156
  • Aug 12, 2017 9:57am Aug 12, 2017 9:57am
hopefully gbpnzd nexz week strong schedule
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english is very hard me
  • #157
  • Aug 12, 2017 12:30pm Aug 12, 2017 12:30pm
nzdusd weekly view
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english is very hard me
  • #158
  • Aug 12, 2017 1:00pm Aug 12, 2017 1:00pm
GBPNZD Analysis
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  • #159
  • Aug 12, 2017 1:52pm Aug 12, 2017 1:52pm
Perfect Double Top example:
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  • #160
  • Aug 13, 2017 3:48am Aug 13, 2017 3:48am
Hi Ensale,

I needed some time to study the two pdfs which you shared as well as the three videos and all the nice explanations here in this threat. Thank you for this grate stuff! It's really generous to share this with us.

A few questions now: as I understood the double top or double bottom is the most important part in your strategy. So this is clear. At first: find good looking double tops/bottoms.

Than it's interesting how price respects and rides sometimes the 20 sma. This helps us for entry right? So if I find a double top or bottom I have to wait until price closed over the 20 sma, than wait for the 5/20 crossover (often it happens at the same time)? This is our entry trigger isn't it? So far so easy.

Than the Fibonacci tool. As I understood it would add to probability that the trade will be successful if we find double tops and bottoms at significant fibo lines right? And if we trade h4 time frame we draw the fibo from last month's high to last month's low. Where we draw the fibs for daily time frame or hourly? And which fibo levels are relevant?

Than the videos about stop hunting and tend trading. As I understood it adds to the probability to our trades, if we find for example a double top on h1 after 3 big interweeks waves as well as a stop hunting after this 3 waves. So the stop hunting could be the beginning of the next 3 wave down move right?

Sorry for all the questions but I need to sort all the knowledge a little bit for me to understand the trading plan.

Enjoy your weekend
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