Attachments: Psych Levels, Pivots, and Trendlines - Resurrected

Psych Levels, Pivots, and Trendlines - Resurrected

#12,301
Mar 26, 2018 10:03am Mar 26, 2018 10:03am

Akolva1
| Joined Apr 2017 | Status: Trader | 78 Posts

Quoting monocor

Disliked

{quote} It is our way of trading, we follow structure it is our leverage which we use and make money. Ive seen a lot of ppl, who is saying yes I know what is structure, I know how to use it, but when it comes to trading they have no clue what they are doing, coz it takes time when your theoretical knowledge can be used in practical way, charting time makes a big difference, it is really good exercise to scroll charts couple years back, and find all the thousand trades which was there, coz you train your eyes, you start to understand the price behavior...

Ignored

Have you guys heard of Falcon Trading Guidance located in the UK founded by Mark Hutchinson? The whole way he teaches trading is exactly how you monocor, stechi, and focusonmoney trade except he teaches on higher timeframes and not the M1. I like this way of trading of finding repeatable patterns in structure! The three of you keep posting in this thread if not for anyone else but me. A simple chart that you post contains tons of knowledge for me! Thanks

#12,302
Mar 27, 2018 3:06pm Mar 27, 2018 3:06pm

monocor
Joined Jan 2013 | Status: Trader | 1,410 Posts

Quoting Akolva1

Disliked

{quote} Have you guys heard of Falcon Trading Guidance located in the UK founded by Mark Hutchinson? The whole way he teaches trading is exactly how you monocor, stechi, and focusonmoney trade except he teaches on higher timeframes and not the M1. I like this way of trading of finding repeatable patterns in structure! The three of you keep posting in this thread if not for anyone else but me. A simple chart that you post contains tons of knowledge for me! Thanks

Ignored

I heard of falcon , but mostly that it is scam. All time frames is the same

Even though I walk through the darkest valley, I will fear no evil

#12,303
Mar 27, 2018 3:13pm Mar 27, 2018 3:13pm

monocor
Joined Jan 2013 | Status: Trader | 1,410 Posts

Ok, I will post some charts tomorrow, I was busy, big tragedy happened in kemerovo russia, i know some ppl from there, city mall burned down 350 to 400 died and most of them is children, which burned alive, government is trying to hide all that horror what happened, but what my friends from kemerovo told me it is better not to know, coz you not gonna find it even in horror movie.

God bless you all, be safe and healthy

Even though I walk through the darkest valley, I will fear no evil

#12,304
Mar 27, 2018 3:33pm Mar 27, 2018 3:33pm

stechi
| Joined Apr 2017 | Status: Trader | 190 Posts

Quoting monocor

Disliked

Ok, I will post some charts tomorrow, I was busy, big tragedy happened in kemerovo russia, i know some ppl from there, city mall burned down 350 to 400 died and most of them is children, which burned alive, government is trying to hide all that horror what happened, but what my friends from kemerovo told me it is better not to know, coz you not gonna find it even in horror movie. God bless you all, be safe and healthy

Ignored

Im sad to hear that monocor. What a tragedy! I hope your friend and relatives are fine.

#12,305
Mar 27, 2018 4:13pm Mar 27, 2018 4:13pm

focusonmoney
| Joined Apr 2012 | Status: Trader | 430 Posts

I'm sad to hear that too monocor.. Stay safe!

#12,306
Mar 27, 2018 6:52pm Mar 27, 2018 6:52pm

Akolva1
| Joined Apr 2017 | Status: Trader | 78 Posts

Quoting monocor

Disliked

Ok, I will post some charts tomorrow, I was busy, big tragedy happened in kemerovo russia, i know some ppl from there, city mall burned down 350 to 400 died and most of them is children, which burned alive, government is trying to hide all that horror what happened, but what my friends from kemerovo told me it is better not to know, coz you not gonna find it even in horror movie. God bless you all, be safe and healthy

Ignored

Prayers!

#12,307
Mar 28, 2018 4:13am Mar 28, 2018 4:13am

monocor
Joined Jan 2013 | Status: Trader | 1,410 Posts

Thank you for your kind words, I prayer for them too!!!!!!!!!!

Even though I walk through the darkest valley, I will fear no evil

#12,308
Mar 28, 2018 4:18am Mar 28, 2018 4:18am

monocor
Joined Jan 2013 | Status: Trader | 1,410 Posts

I don't show normally this kind of trades, coz as they say don't do it at home, trade it only if you know what are you doing!

Double top, at previous high, break of structure LH -LL, but still possible range or correction, no only change in direction, channel on the second leg of double top, at the top of channel, small pin bar which is harami, target low of double top, trade 2 to 1

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Even though I walk through the darkest valley, I will fear no evil

#12,309
Mar 28, 2018 4:27am Mar 28, 2018 4:27am

monocor
Joined Jan 2013 | Status: Trader | 1,410 Posts

I was looking for a trade on higher TF, it is still running, probably at the close of last candle I will close the trade. It is hard to find a trade on higher TF, coz you have like 1 or 2 trades a week, so searched 20 pairs to find a trade, which will fit my rules, And I got lucky. It is H1 TF, HH - HL, wedge at retacement, it looks like H&S as well, but it is not symmetric H&S, I wouldn't take it as H&S

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Even though I walk through the darkest valley, I will fear no evil

#12,310
Mar 28, 2018 5:10am Mar 28, 2018 5:10am

monocor
Joined Jan 2013 | Status: Trader | 1,410 Posts

First trade flag, I closed for small profit, coz I got regection of PP, price didn't make a new low, and we have a double bot with a channel on the second leg, and over all picture is H&S, I bought at the bottom of double bot, right now I moved SL to BE as price reache target by double bot, and will bee looking for TP by H&S, if price will reach target I will get 4 to 1 or 8% profit

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