It's just not going to happen... | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

buy when starts going up, sell when starts going down 5 replies

Going Platform independent! Going pyhon! 29 replies

OH NO! Whats going to happen? 11 replies

What is going to happen to USD/JPY tonight? 1 reply

so wht ,can it just happen to me ?!! 17 replies

Attachments: It's just not going to happen...
Exit Attachments

It's just not going to happen...

  • #21
  • Apr 17, 2018 5:14am Apr 17, 2018 5:14am
Quoting dongsky
{quote} it is a good gift and advantage being strong observer... market structure first then looking for zones where the highest probability orders are lying waiting to get filled - since we're deprive from it. looking for levels where best to test the market... yes i am still reading bar by bar as i managing positions but still feeling price gyration is the best tool to be ahead... i am not counting bars as it will mutate at anytime, the reason that i need to be nimble at all times before i enter any position not only looking for best level...

Thanks so much for your reply - I count candles and compare that with distance travelled - I am quite clunky for sure still - I am trying to learn what I can infer from all the available info.

I enter trades from m5 - looks like you do it from M15.

Alex
check out the terrain - follow never lead
  • #22
  • Edited 6:08am Apr 17, 2018 5:20am | Edited 6:08am
Quoting alexandria
{quote} Thanks so much for your reply - I count candles and compare that with distance travelled - I am quite clunky for sure still - I am trying to learn what I can infer from all the available info. I enter trades from m5 - looks like you do it from M15. Alex
nothing is wrong with 5 min but your profit projection and risk assessment should also be done and watched in 5 min window... and once positioned manage it n 15 min.

be it counting candles or pattern formation or S&R levels... whatever system you have just be consistent with it there is no reason for you to be not able to profit in this business of speculating probabilities
Success consists of going from failure to failure without loss of enthusiam
  • #23
  • Apr 17, 2018 6:26am Apr 17, 2018 6:26am
good to see all of you!
don't predict direction, but dance with flow of water
  • #24
  • Apr 17, 2018 6:32am Apr 17, 2018 6:32am
Quoting dongsky
{quote} nothing is wrong with 5 min but your profit projection and risk assessment should also be done and watched in 5 min window... and once positioned manage it n 15 min. be it counting candles or pattern formation or S&R levels... whatever system you have just be consistent with it there is no reason for you to be not able to profit in this business of speculating probabilities
Managing the position in NOW time, Trade with Major trend, support/resistance area (changes with the passage of time) simple is that what trading is all about.
don't predict direction, but dance with flow of water
  • #25
  • Apr 17, 2018 7:06am Apr 17, 2018 7:06am
Quoting priceaction1
{quote} Managing the position in NOW time, Trade with Major trend, support/resistance area (changes with the passage of time) simple is that what trading is all about.



most of us find it easy to spot a good entries... but most of us struggles the most is managing positions, where all our demons, fear and greed kicks in... and most common results either squared position too early or hanging with dead soldiers too long... stressful occurrence.
Success consists of going from failure to failure without loss of enthusiam
  • #26
  • Apr 17, 2018 7:25am Apr 17, 2018 7:25am
stressful
don't predict direction, but dance with flow of water
  • #27
  • Apr 17, 2018 7:29am Apr 17, 2018 7:29am
Quoting dongsky
{quote} most of us find it easy to spot a good entries... but most of us struggles the most is managing positions, where all our demons, fear and greed kicks in... and most common results either squared position too early or hanging with dead soldiers too long... stressful occurrence.

yup this is me for sure and when to attack..........and when to take some cap to leave others to run........


Alex
check out the terrain - follow never lead
  • #28
  • Apr 17, 2018 7:33am Apr 17, 2018 7:33am
@dongsky. did you notice that market changes its patterns, There are some new patterns often appears over the time. which are not in textbooks or me just seeing allusion.
don't predict direction, but dance with flow of water
  • #29
  • Apr 17, 2018 7:39am Apr 17, 2018 7:39am
Quoting dongsky
{quote} nothing is wrong with 5 min ... and once positioned manage it n 15 min.

I usually focus on d1 & h1 then enter on m5 TBH.

Alex
check out the terrain - follow never lead
  • #30
  • Apr 17, 2018 7:41am Apr 17, 2018 7:41am
Quoting alexandria
{quote} yup this is me for sure and when to attack..........and when to take some cap to leave others to run........ Alex
best is to see levels from market structure that when your limit order is filled everything work as plan risk and profit are already determined... less emotions will be attached.

a little of practice and discipline
Success consists of going from failure to failure without loss of enthusiam
  • #31
  • Apr 17, 2018 7:50am Apr 17, 2018 7:50am
Quoting priceaction1
@dongsky. did you notice that market changes its patterns, There are some new patterns often appears over the time. which are not in textbooks or me just seeing allusion.

everything is changing rapidly, price forms, patterns and behavior are mutating but that is not a new issue. one of the modus of market maker is to run stops and that is the common reason behind why price breakout far far away from a very strong supply/ demand areas... and comes back from where it was a minute ago. this causes the mutation. that's is why if you are a day trader then you have to really manage positions actively. as much as possible don't let any exposures left overnight unattended. well , actually you can but not full size position, perhaps a small size.

when in position try to read price bar by bar until you will get its feel and most likely you will be sensitive enough to see her hand.
Success consists of going from failure to failure without loss of enthusiam
  • #32
  • Apr 17, 2018 7:52am Apr 17, 2018 7:52am
Quoting alexandria
{quote} I usually focus on d1 & h1 then enter on m5 TBH. Alex
personally, if i day trade and using 5 min for entries, i will be managing my trades in 15m or the most is 1 h but on higher tf. best is, entry in 5m and when price goes to your direction, you can close 5m and open 15 minutes and manage it as per your original plan.
Success consists of going from failure to failure without loss of enthusiam
  • #33
  • Apr 17, 2018 8:02am Apr 17, 2018 8:02am
EU is moving...

just placed buy limit... waiting for it to fill


Attached Image (click to enlarge)
Click to Enlarge Name: 17april j.png Size: 52 KB


sl will be just below the previous low
tp is near demand zone
Success consists of going from failure to failure without loss of enthusiam
  • #34
  • Apr 17, 2018 8:03am Apr 17, 2018 8:03am
Quoting dongsky
{quote} personally, if i day trade and using 5 min for entries, i will be managing my trades in 15m or the most is 1 h but on higher tf. best is, entry in 5m and when price goes to your direction, you can close 5m and open 15 minutes and manage it as per your original plan.

Thanks don't quite do it like that but will have a look at this approach.

cheers so much


Alex
check out the terrain - follow never lead
  • #35
  • Apr 17, 2018 9:20am Apr 17, 2018 9:20am
Quoting dongsky
EU is moving... just placed buy limit... waiting for it to fill {image} sl will be just below the previous low tp is near demand zone

So you're expecting potential demand at that prior breakout zone - all the peeps who got trapped when it went long and did not want to close will get out at break-even there so more buying potential - and those who want to go long will also do so - short traders trapped may help it on its way. Am I correct in my thinking of your market structure view?

Alex
check out the terrain - follow never lead
  • #36
  • Apr 18, 2018 1:08am Apr 18, 2018 1:08am
probing at frankfurt open


Attached Image (click to enlarge)
Click to Enlarge Name: 18 april.png Size: 63 KB
Success consists of going from failure to failure without loss of enthusiam
  • #37
  • Apr 18, 2018 1:59am Apr 18, 2018 1:59am
that's what i am waiting...

and london open in 1 minute


Attached Image (click to enlarge)
Click to Enlarge Name: 18 april a.png Size: 27 KB
Success consists of going from failure to failure without loss of enthusiam
  • #38
  • Apr 18, 2018 2:48am Apr 18, 2018 2:48am
Quoting dongsky
that's what i am waiting... and london open in 1 minute {image}

May I ask on which time frame you identify supply/demand zones and how you target the right zones - are you looking at large candles out of ranges for example... if you do not wish to discuss this then I am sorry for asking.

Alex
check out the terrain - follow never lead
  • #39
  • Apr 18, 2018 2:52am Apr 18, 2018 2:52am
Quoting dongsky
that's what i am waiting... and london open in 1 minute {image}
usdjpy?, i am on this too but on rescue mode as the squeeze in asian caught me wrong footed.

update//
hmm, actually that looks more like gbpjpy. i am on gbpusd instead to ease my usd shorts.. lol. guess we both want to sell gbp and buy yen. i guess thats good.
Fall in love with the process, and the outcome takes care of itself.
  • #40
  • Apr 18, 2018 3:03am Apr 18, 2018 3:03am
Quoting alexandria
{quote} May I ask on which time frame you identify supply/demand zones and how you target the right zones - are you looking at large candles out of ranges for example... if you do not wish to discuss this then I am sorry for asking. Alex
This is the gj structure i am watching....

Attached Image (click to enlarge)
Click to Enlarge Name: 18 april b.png Size: 70 KB


those lines that i draw and highlighted it just for visual are the areas which i believe that many traders trapped and/ or traders who missed entries and wanted to re-entry or just take a position(s), whatever their reasons maybe, i see it a potential area where price will be very active... therefore these areas will be on my watch list that when price comes back or even first visit to these zones or level then a big chance for me to see a probable trade where profit opportunity is most likely.

before and entry, also assess risk on these levels and also my projections.
Success consists of going from failure to failure without loss of enthusiam
0 traders viewing now