the previous price action is not tempting to go short on this one (at least not for me)
after each red candle, price doesnt close lower
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Disliked{quote} This is a bit aggressive entry for me. the shadow is not so fat at that point the previous price action is not tempting to go short on this one (at least not for me) {image} after each red candle, price doesnt close lowerIgnored
Disliked{quote} "fat city" means big $$$, plenty of profit, serious coin, or more pips than you can shake a stick at.Ignored
Disliked{quote} Very powerful information. Thank you! Just understand what's the "FAT CITY", I've read the all of old and new threads' posts, maybe is the problem of the language and culture indeed.Ignored
Disliked{quote} Hi Pippoacher {image} I think this is the candle you entered with. Strat explained a few weeks back the criteria for highest probability Shooting Star. 1. Shooting Star at resistance 2. Top of the swing 3. Nothing to the left...Empty space I don't see #1. At resistance.Ignored
Disliked{quote} Hi Bluedormouse Fat City will not translate well. It was a slang term someone came up with referring to a very large move on a position with very little initial risk. A dictionary definition I found... fat city. Also, Fat City. A condition or circumstance marked by considerable prosperity or having a superior advantage.Ignored
DislikedUSDJPY (Which will be the pair I focus on for next couple month) BB {image} Strong Bullish momentum with BUEB on support. B {image} Approaching resistance in a strong up trend. W {image} BUEB crossing SR Area in an up trend. BB direction checked. B direction checked. PA on SR checked. Looking for better SL in H4 as the last swing low is way below. H4 {image} SL is on 113.48, slightly below last swing low. TP 116.985 next SR.Ignored
Disliked{quote} {image} HI Strat I have been thinking about this post and have a few questions if you have time. The FAT CITY starts out as a normal 5m PASR entry. We have no idea at the hard right edge that a FAT CITY is coming. At what point do you decide that a FAT CITY is in play? I then started looking at this with different time frames as to how it would be managed. Would you have used a 15m chart to manage it and also for add ons? {image} Then going to a 4h chart the area the FAT CITY originated was a 4h inside bar at support. Would this be a clue...Ignored
Disliked{quote} fat city indeed If this would have been the worker chart, instead of checking every 15min, someone would have a whole day in between each candle to milk the whole thing stress free {image}Ignored
Disliked{quote} Hi Pip, The problem I find with your entry is this. Hope you understand the wick of that long bear candle. and WHAT PRICE did after that. that shooting star you marked is very small compared to the other Bullish candles. {image} Suranga (p.s. if you trade M15 then you will need S/R levels from Daily . Check daily to see what that level is)Ignored
Disliked{quote} I'm not sure where your entry is exactly but it looks like you're buying directly into resistance and missed the entry on four hour. Can you post exactly where you entered?Ignored
DislikedUSDJPY {quote} Are you sure you can clearly SEE PRICE ACTION on your charts because I can't. They are like looking through a fog. PASR charts need to be clean, simple and clear. Also look at my Big Boss and Boss candles compared to yours If you are posting H4 for training purposes then that is OK but the only time we use it when trading the Worker is to get a better entry. See comments from Rub. Thank you, Rub, for helping your fellow traders - TRADERS HELPING TRADERS {image} {image} {image}Ignored
DislikedNZD USD As the Boss and also the Big Boss are bearish at the moment, I was looking für a good entry on the worker. Found it last week 27.09. as we saw the BEEB (see arrow). Stopp loss was placed above the swing high of the worker. First target would be the first support level (arround 0,6470). Worker: {image}Ignored