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PA based LTG

  • #341
  • Aug 28, 2017 5:26am Aug 28, 2017 5:26am
Now I think about.. your all free to post long tf and short tf.. chart's as long as it's the same concept.. member's were supposed to feel free here..
It's in fear when people show what they truly value.
  • #342
  • Aug 28, 2017 6:56am Aug 28, 2017 6:56am
Quoting ensale
Now I think about.. your all free to post long tf and short tf.. chart's as long as it's the same concept.. member's were supposed to feel free here..
hehe

I would say ok if it is relevant to the topic, but preferably 1H+. sounds good ?
  • #343
  • Aug 28, 2017 8:10am Aug 28, 2017 8:10am
Quoting bistolis
{quote} hehe I would say ok if it is relevant to the topic, but preferably 1H+. sounds good ?
Yes perfect.
It's in fear when people show what they truly value.
  • #344
  • Aug 28, 2017 12:21pm Aug 28, 2017 12:21pm
EJ trade from Friday, TP hit. Draghi's speach helped. Many times the technical signals foretell the outcome of the fundies. This was one of those times.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 68 KB

I took a EC trade on H1, based on breakout/pullback/continuation. It broke out the last swing high, returned to test it, and then went back to the presumed direction, after DB with stop hunt (my favorite) at 23.6 retracement on W1. I closed the trade once I had a H1 close under the last swing low, but then reentered after H1 BUOB. Target was D1 127.2 extension, although it is deleted from the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH1.png Size: 43 KB

I am also in EA, but I will post about it when it is closed.
  • #345
  • Aug 28, 2017 12:28pm Aug 28, 2017 12:28pm
OK .. For simplicity sake.

Going forward. have learned a lot from having the small group. since Fibonacci is a challenge to start with .. such as where do i draw the fib, do I use weekly, monthly etc. when do I use recent swing H/low.. question's like this can be eliminated by guiding you folk to only using one fib draw.. and that's from Previous day High and low, for all trading including 4HR.

EUR/JPY example below. Each vertical represent's a new day.

and for whatever trade trader's take. I suggest for them the 127.2 target. short side or long side. This approach is preferred for H1. But for 4HR trader's for now this is how I would like you to approach it.

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-28_18h21_20.png Size: 140 KB
It's in fear when people show what they truly value.
  • #346
  • Aug 28, 2017 3:16pm Aug 28, 2017 3:16pm
So for now we don't need to draw fibs, we can use the indicator and aim for HT1 or LT1?
My favorite crochet hook is size J. It's a J-Hook!
  • #347
  • Aug 28, 2017 3:33pm Aug 28, 2017 3:33pm
Quoting littlebunny
So for now we don't need to draw fibs, we can use the indicator and aim for HT1 or LT1?
Correct.
It's in fear when people show what they truly value.
  • #348
  • Aug 28, 2017 4:04pm Aug 28, 2017 4:04pm
Thanks.
My favorite crochet hook is size J. It's a J-Hook!
  • #349
  • Aug 29, 2017 2:05am Aug 29, 2017 2:05am
Quoting catalin_eros
I am also in EA, but I will post about it when it is closed.
TP hit on EA. Testing the D1 TL and LWH, DB with stop hunt, shoots up after morning star.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 57 KB
  • #350
  • Aug 29, 2017 3:30am Aug 29, 2017 3:30am
Quoting littlebunny
So for now we don't need to draw fibs, we can use the indicator and aim for HT1 or LT1?
although there is more it then this.. I will explain soon.
It's in fear when people show what they truly value.
  • #351
  • Aug 29, 2017 10:59am Aug 29, 2017 10:59am
Quoting catalin_eros
{quote} TP hit on EA. Testing the D1 TL and LWH, DB with stop hunt, shoots up after morning star. {image}

Hi Catalin,

I see the 1.50000 BRN Transitioning from Selling to Buying.

Once all the Sell Orders have been consumed, at 1.50000, Buyers take their place and Price moves higher to find the next Level Selling.

It's not necessarily a Stop Hunt.

You are more likely to see a Stop Hunt Sweep a Double Top or Bottom because of the additional Stops placed there.
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Aug 17 EUR:AUD H1 Observations.png Size: 138 KB
  • #352
  • Aug 30, 2017 5:48am Aug 30, 2017 5:48am
Quoting stevepatt
{quote} Hi Catalin, I see the 1.50000 BRN Transitioning from Selling to Buying. Once all the Sell Orders have been consumed, at 1.50000, Buyers take their place and Price moves higher to find the next Level Selling. It's not necessarily a Stop Hunt. You are more likely to see a Stop Hunt Sweep a Double Top or Bottom because of the additional Stops placed there. {image}

EUR/AUD D1 Observations.

Take a look at the video attached...

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Aug 17 EUR:AUD D1 Observations.png Size: 148 KB
  • #353
  • Aug 30, 2017 6:59am Aug 30, 2017 6:59am
Quoting stevepatt
{quote} EUR/AUD D1 Observations. Take a look at the video attached... https://www.youtube.com/watch?v=c4GaJKprGEs {image}
it's a good video.. seen before.. thanks for sharing.
It's in fear when people show what they truly value.
  • #354
  • Aug 30, 2017 8:23am Aug 30, 2017 8:23am
Quoting stevepatt
{quote} Hi Catalin, I see the 1.50000 BRN Transitioning from Selling to Buying. Once all the Sell Orders have been consumed, at 1.50000, Buyers take their place and Price moves higher to find the next Level Selling. It's not necessarily a Stop Hunt. You are more likely to see a Stop Hunt Sweep a Double Top or Bottom because of the additional Stops placed there. {image}
its just easy to print that one in history chart but in actual live price its not that easy.
  • #355
  • Aug 30, 2017 8:27am Aug 30, 2017 8:27am
Quoting stevepatt
{quote} EUR/AUD D1 Observations.
So where doeas the price is going? Does it going up on the next BRN above? or below? for sure it goes both so you are right when the chart history is finished.
  • #356
  • Aug 30, 2017 11:02am Aug 30, 2017 11:02am
Quoting mario777
{quote} its just easy to print that one in history chart but in actual live price its not that easy.

Hi Mario,

This would have been one of the easier ones.

After the Bullish Transition Candle Breaks through 1.50000 BRN you could be certain of seeing a Test of this Level.

Now there are a lot of Sell Stops sitting below 1.50000 BRN once they are Triggered (today) and Consumed the Market moves up once more.
  • #357
  • Aug 30, 2017 11:14am Aug 30, 2017 11:14am
Quoting mario777
{quote} So where doeas the price is going? Does it going up on the next BRN above? or below? for sure it goes both so you are right when the chart history is finished.
I have no idea where Price is going.

The Institutions/Banks with the most Orders, either Long or Short, Consumes the Opposition and moves to the next Level of Liquidity for them to feed off.

I have tried to Trade this way with some small success but the Institutions make it difficult for us to know where their Levels are.

These days I tend to Trade all the Significant Levels.
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Aug 17 AUD:CAD M30 Observations.png Size: 140 KB
  • #358
  • Edited 6:14am Aug 31, 2017 5:37am | Edited 6:14am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 35 KB


200% around 1.2818 as short target

update with something interesting that i saw earlier
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 42 KB


of course I didnt trade any of these. it is just hindsight analysis
I am currently short GJ once it crossed Open of the day.
If that doesn't work out I will try catching a move to 127% high

on the daily it looks like it could have a DT
Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 21 KB
  • #359
  • Aug 31, 2017 10:38am Aug 31, 2017 10:38am
Quoting bistolis
{image} 200% around 1.2818 as short target update with something interesting that i saw earlier {image} of course I didnt trade any of these. it is just hindsight analysis I am currently short GJ once it crossed Open of the day. If that doesn't work out I will try catching a move to 127% high on the daily it looks like it could have a DT {image}
nice call on gu/gj fella
It's in fear when people show what they truly value.
  • #360
  • Sep 1, 2017 4:27am Sep 1, 2017 4:27am
Quoting stevepatt
{quote} Hi Catalin, I see the 1.50000 BRN Transitioning from Selling to Buying. Once all the Sell Orders have been consumed, at 1.50000, Buyers take their place and Price moves higher to find the next Level Selling. It's not necessarily a Stop Hunt. You are more likely to see a Stop Hunt Sweep a Double Top or Bottom because of the additional Stops placed there. {image}
Very nice explanation, Steve! Loved the video, also. Thank you!
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