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Target trading with the Big boys on the 4 hour chart

  • #121
  • Nov 23, 2017 11:03am Nov 23, 2017 11:03am
Quoting Pamago
Hi, sorry for my English as it is not my mother tongue, I have seen the video on the first page but I do not understand (because of my English) the range that it draws in D, this range is the maximum and minimum of the previous day?

Hi Pamago

I don't have the foggiest idea what you are talking about. Sorry. Maybe someone else can help?
  • #122
  • Nov 23, 2017 11:09am Nov 23, 2017 11:09am
Hi everyone

Well the position on most pairs is mixed, uncertain and unpredictable to say the least.

So lets look at XAUUSD

I like the look of this pair now upwards towards 1305.00

Don't see much resistance so it's up up and away
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 63 KB
  • #123
  • Nov 23, 2017 11:13am Nov 23, 2017 11:13am
EURCAD

Looks clear up to 1.5125 area

So there's 60 odd pips for you
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 57 KB
  • #124
  • Nov 24, 2017 11:21am Nov 24, 2017 11:21am
Quoting jmtini
{quote} Hi Pamago I don't have the foggiest idea what you are talking about. Sorry. Maybe someone else can help?
Hey guys. I've watched the video, went to youtube and watched all his other videos, and not to be negative or anything but all he is really doing isn't any different from using psychological levels as targets. theres an indicator (i'll find it soon), that shows very often where price touches these round number levels and reverse, consolidate, or punches through. There's more to it and I wouldn't mind elaborating if its ok with jmtini. But I understand what he's doing clear as day but in a simpler way if everyone cares.
  • #125
  • Nov 24, 2017 11:47am Nov 24, 2017 11:47am
here is it. its not mine so I'm not taking credit I just use
enable whole, half and quarter numbers
disable or disregard everthing else for demonstrational purposes
Attached File(s)
File Type: ex4 2) PVSRA Access Panel (Black).ex4   161 KB | 388 downloads
  • #126
  • Nov 24, 2017 12:00pm Nov 24, 2017 12:00pm
as you will see, when loaded to a chart these levels hold significance for "big boys" easily seen on the 4 hour and higher.
the quarter levels isn't necessary that's where drawing for ceilings and floors may come in handy which is what the video was showing although price reacts around these levels quite often.

so on your previous swing high and low on the daily chart is the 3-story apartment building and the support and resistance model shown in the video are the ceilings and floors with lines up with the indicator I attached above. good luck.
  • #127
  • Nov 24, 2017 1:38pm Nov 24, 2017 1:38pm
Quoting sangra28
Setup for trades this week {image}
What's your system, strategy and indis?
Thanks
~hanuraj
  • #128
  • Nov 25, 2017 3:23am Nov 25, 2017 3:23am
Quoting ewebb205
as you will see, when loaded to a chart these levels hold significance for "big boys" easily seen on the 4 hour and higher. the quarter levels isn't necessary that's where drawing for ceilings and floors may come in handy which is what the video was showing although price reacts around these levels quite often. so on your previous swing high and low on the daily chart is the 3-story apartment building and the support and resistance model shown in the video are the ceilings and floors with lines up with the indicator I attached above. good luck.
Hi ewebb205

Thanks for the indi and input however I think that the Jury is still out on predicting retracement levels solely on BRN horizontals. This thread is all about predicting targets. The target areas to watch for as shown in the video have proved to be correct as we've seen on numerous occasions. Here's an example:

EURNZD

As we predicted after hitting previous support levels, price action eventually returned to test 1.6365 (https://www.forexfactory.com/showthr...7#post10511217)

EURCAD

https://www.forexfactory.com/showthr...1#post10524441
  • #129
  • Nov 25, 2017 9:13am Nov 25, 2017 9:13am
Quoting jmtini
{quote} Hi ewebb205 Thanks for the indi and input however I think that the Jury is still out on predicting retracement levels solely on BRN horizontals. This thread is all about predicting targets. The target areas to watch for as shown in the video have proved to be correct as we've seen on numerous occasions. Here's an example: EURNZD As we predicted after hitting previous support levels, price action eventually returned to test 1.6365 (https://www.forexfactory.com/showthr...7#post10511217) EURCAD https://www.forexfactory.com/showthr...1#post10524441...
we're on the same page. I didn't mean to disrupt your findings or anything. I'm with you.
  • #130
  • Nov 25, 2017 11:28am Nov 25, 2017 11:28am
Quoting ewebb205
{quote} we're on the same page. I didn't mean to disrupt your findings or anything. I'm with you.
No problem at all ewebb205. You're very welcome to post charts with expected retracement levels that's for sure!

Guys looking at EURAUD for next week, still some blue sky for perhaps 100 pips before I think we're maybe looking at a significant retracement
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 77 KB
  • #131
  • Nov 25, 2017 2:47pm Nov 25, 2017 2:47pm
Quoting jmtini
{quote} No problem at all ewebb205. You're very welcome to post charts with expected retracement levels that's for sure! Guys looking at EURAUD for next week, still some blue sky for perhaps 100 pips before I think we're maybe looking at a significant retracement {image}
what year is that September high on your chart?
  • #132
  • Nov 26, 2017 3:05am Nov 26, 2017 3:05am
[quote=ewebb205;10529676]{quote} what year is that September high on your chart?[/qu

Hi, it's about two years ago
  • #133
  • Nov 27, 2017 3:33am Nov 27, 2017 3:33am
Hi guys

EUR in retracement on all pairs and don't know how far it's going. Best to wait until this afternoon when NY opens on those.


Otherwise, we had a great reversal on GBPCHF bounce off 200 ema - normal for the BB's to do that of course!!

XAUUSD - see my post above - time to buy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCHFH4.png Size: 42 KB
Click to Enlarge Name: XAUUSDH4.png Size: 65 KB
  • #134
  • Nov 27, 2017 12:06pm Nov 27, 2017 12:06pm
GBPCAD

Well guys it took a little longer then expected but we got there didn't we?

I have to have a little chuckle - we had these wise guys coming onto the thread and telling us how stupid we were to predict this target and no, it was going down to God knows where! As I said then and I say it again, DO NOT trade against the Big Boys - you are going to come short!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH4.png Size: 57 KB
  • #135
  • Nov 27, 2017 12:14pm Nov 27, 2017 12:14pm
EURCAD

Looking for a significant retracement very soon - from tomorrow for sure
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 67 KB
  • #136
  • Nov 29, 2017 11:22am Nov 29, 2017 11:22am
Quoting jmtini
EURCAD Looking for a significant retracement very soon - from tomorrow for sure {image}
Hi,
I do not get your graph ending July 6th, while we are here today???????????????
Plse clarify............
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 180 KB
A new consciousness for Humanity?
Being now: Are WE a Holy Grail? Return Today: na
  • #137
  • Nov 29, 2017 5:04pm Nov 29, 2017 5:04pm
Quoting Harry6
{quote} Hi, I do not get your graph ending July 6th, while we are here today??????????????? Plse clarify............ {image}
I think he's showing the swing high where the target he's talking about is from.
  • #138
  • Nov 29, 2017 5:08pm Nov 29, 2017 5:08pm
so in other words, that's the target from june 6 actually of whatever year that is.
  • #139
  • Nov 29, 2017 9:36pm Nov 29, 2017 9:36pm
First off, great info here but I have somewhat of a noob question... Let's use the most recent example posted of the EURCAD. Prime spot where the big boys are selling and price would begin heading down. Let's say tomorrow EURUSD begins to rally, would this have the same effect on the EURCAD and does this make the original idea of EURCAD null and void?
  • #140
  • Nov 30, 2017 3:12am Nov 30, 2017 3:12am
Quoting SA-Trader
First off, great info here but I have somewhat of a noob question... Let's use the most recent example posted of the EURCAD. Prime spot where the big boys are selling and price would begin heading down. Let's say tomorrow EURUSD begins to rally, would this have the same effect on the EURCAD and does this make the original idea of EURCAD null and void?

Hi SATrader

Did you watch the video in Post 1? Taking EURCAD as an example, it has been in an obvious uptrend for some time. As the video showed, the BB's look at the PAST in order to trade their plan and plan their trades. Sometimes that can go back a long time if we are reaching new highs or lows. Also as we all know, the price does not go up or down in a straight line. Sometimes it will go the other way quite significantly if the BB's are looking to intice new buyers/sellers by offering them a nice fat discount.

Please watch the video again so that you know what's going on.
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