The only thread you will ever need: FX Exposed!

ok talk later.....bye

You have done well being with us today. Have a great day.

This is one of the most important thing, if not the most important thing, I spent years looking at the charts and doing some analysis thing ok where does it go from here, absolutely fatal, and I can see it in a lot of posts that's what happening, it's an instinctive thing, in life you find yourself in a situation and think what's the best thing to do next. That is why we are here, the successful elite will plan, develop ideas, and when the time is right they execute, they overcome that instinct, I've been there and failed, I've had about three great ideas in my life that we're quite original, I couldn't pull them off for a number of reasons but one of them was timing. Some great inventors have got it wrong, the Sinclair C5 electric car, right idea, terrible execution, even worse timing, but look now, electric cars are really taking off.

But I know, it's easier said than done, and what I find, and I say this without any disrespect to FF, he doesn't give you the tools to do this, it's just because he takes it for granted, doesn't give it a second thought, he doesn't need to, it's long time ago when he needed to discipline himself in this respect.

So how?
TRENDLINES, use trendlines, all the charts you have, analyse them with trendlines, move them, redraw them, clear them, do them again, that's why I use the Oanda web platform to trade, it's a really satisfying pastime while waiting for the opportunity, it will do 3 things, it will keep you occupied doing something, rather than sitting there waiting to pull the trigger, it will keep you out of the areas where you shouldn't be trading, and it will help you with identifying trades.

It works for me, something else might work for you, but find a method a technique, anything to stop you being trigger happy, if you just keep telling yourself not to it won't work, you need to find a way.

While I might not be as knowledgeable about the market as some of you guys, and probably one of the worst disciplined traders you can find, I'm my own worst enemy but have found ways to overcome this, if you don't identify with what I say, you're either very exceptional, and in which case I'm sure you'll be trading profitably very soon, or you're in denial, I was, I thought for years it was what I was trading rather then me the trader himself. It's practical help I can offer rather than market knowledge and understanding.

Decide one thing your going to trade, and master it, fake SR is a good one as per my previous chart, and stick to that until you master it, the EU today was easy, but it's not often like that, you will have fake breakouts then a move, but learn it and learn it well whatever setup you choose, then when you get consistent at it, move on to another setup, then when you've mastered that, you will find that when you start trading fake SR again, you'll get it wrong again for a while before it comes back to you again, then soon you'll be able to trade both setups and so on.

It's a bit like cooking for instance, you cook a curry every day, you'll get damn good at it, you cook something different every day, it's not going to be as good, the difference being of course I don't want curry every day, but I'll sure take some pips every day

Yep, the last two days are a good example, these MF try to break us by exhaustion

how am i doing maestro ?

Way to go bump, right or wrong, you're putting the effort in and for that you'll get rewarded I have no doubt, your chart has helped me enormously, big thumbs up and a thank you from me, the market and the maestro will give us the answers in time.

It's funny, I was having a good look at the UJ as you posted this, from my indi's and analysis I had DM shorts taken out, ready for a down move, but I don't think it'll go far in the short term. But that's the limit of my info and understanding at this moment in time, so I agree with the first part, longer term I have no idea personally.

thx bushy ! no expert here just trying to decipher the information FF has provided and paint a clearer view.

so far knowing where the DM is hibernating has saved me pips by staying on the side lines with my system. my system so far has been mostly on the DM side and that has got me extremely concerned going forward.

IE, i had a sell signal this AM on the EU (which would have stopped) but knowing the DM was overwhelmingly short i did not take it.

i'm at a crossroads friend

Here comes your UJ take profit.

I was thinking something like the red line, what did I forget? The BASIC Bushy, the basics, practice what you preach, the blue boxes, fake resistance, they act like magnets.

But at least it illustrates my earlier point, I was too much into the detail, forgot the big picture.

IF DM longs break out traders enter the fun the rise will subside. FF, if your around please USDJPY.. TIA

curious to see if those stops were taken out by SM..

If the price moves across the stops, aren't they taken out?

bushy, I believe the lines turn yellow first then disappear..

Do not need FF chart to know the DM shorts are at it again...they have made a mess of themselves today.

thanks shorty. keep it going to 1.1792 if you like..lol

well done gents, proud of u...........

;-)

CIQ 72!!!!!

here the UJ:

good night..

The median line (blue dashed line) at 111.740 is crying to be touched. Also there is a huge blocking long volume seen on the Y-axis. This means SM may just poke up fast to finish off the shorties but not let that huge long volume into profit, then they'll reverse and head for the blue dashed line below.

True. But they may not hit that 1.1792 before turning down to take out enough of the DM longs.It's a known resistance/fib area (Lots of people waiting to short around that area). Next time price comes back up it may just zoom past there. And that is after hunting the longs down below.

Hi FF,
When you get some time please post updated chart of AU and NU.
I'm curious to see how the levels developed.

EU:

GU M15:

"Hi FF,
When you get some time please post updated chart of AU and NU.
I'm curious to see how the levels developed. "

Ok: