"Price - Structure - Flow" | Page 40 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price-Structure-Order flow 449 replies

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

How to flow with the order flow? 26 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

Please help with "int start()" structure - I want to process bars left to right 5 replies

Attachments: "Price - Structure - Flow"
Exit Attachments

"Price - Structure - Flow"

  • #781
  • Dec 20, 2019 4:37pm Dec 20, 2019 4:37pm
Quoting stevepatt
{quote} Hi Niki, SPOT ON, you've got it. Take a look at the Chart, below, see if it helps {image}
Thanks Steve
  • #782
  • Dec 21, 2019 2:39am Dec 21, 2019 2:39am
Quoting Nikl
{quote} Hi Steve yes that was in the back of my mind only after I placed the trade. When price rejected from the swing level I started to sweat a bit! Good thing its only a demo account. I must say your recent charts have really helped me no end! Cheers

Hi Niki,

I'm glad the recent charts are helping make things clearer.
  • #783
  • Dec 21, 2019 1:34pm Dec 21, 2019 1:34pm
Quoting Nikl
{quote} Result +2% A bit scrappy but I'll take it Cheers {image}
I would love to be able to take a scrappy 2% equity increase every day
  • #784
  • Dec 22, 2019 5:04am Dec 22, 2019 5:04am
Quoting Hutch
{quote} I would love to be able to take a scrappy 2% equity increase every day
Hi Hutch
Me too! Ha Ha! In fact, I'd be happy with 2% a week.
  • #785
  • Dec 30, 2019 4:40am Dec 30, 2019 4:40am
GBP/USD M15/M1 Short Trade

Same old same old...
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Dec 19 GBP:USD M15:M1 Short Trade.png Size: 201 KB
  • #786
  • Dec 30, 2019 10:07am Dec 30, 2019 10:07am
Quoting stevepatt
GBP/USD M15/M1 Short Trade Same old same old... {image}
You're a brave man Steve trading in this time of low liquidity and increased spreads. I wish you, your family and traders a happy new year.
  • #787
  • Jan 13, 2020 1:00am Jan 13, 2020 1:00am
GBP/USD H4/M15/M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 13th Jan 20 GBPUSD H4M15M1 Observations.png Size: 392 KB
  • #788
  • Jan 13, 2020 5:29am Jan 13, 2020 5:29am
Quoting stevepatt
GBP/USD H4/M15/M1 Observations {image}
Great stuff Steve. Excellent read as usual
every Saint has a past. Every Sinner has a Future
  • #789
  • Jan 15, 2020 12:30pm Jan 15, 2020 12:30pm
GBP/USDS H4/M15/M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 15th Jan 20 GBPUSD H4M15M1 Observations.png Size: 499 KB
  • #790
  • Jan 16, 2020 12:37am Jan 16, 2020 12:37am
GBP/USD H4/M15/M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 16th Jan 20 GBPUSD H4M15M1 Observations.png Size: 457 KB
  • #791
  • Jan 16, 2020 3:36pm Jan 16, 2020 3:36pm
Hi Stevepatt,

very cool thread, thanks for that!

I find very interesting your observation (https://www.forexfactory.com/showthr...7#post12663177) what happens to price when we see a break and close above/below a previous H4 bar. I draw some of those levels to EURUSD chart and it's very interesting. However, there still exist a couple of levels that have not been "closed". I will take a closer look

Thanks
K.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_4 Hours_snapshot.png Size: 32 KB
  • #792
  • Jan 17, 2020 7:12am Jan 17, 2020 7:12am
Quoting stevepatt
GBP/USD H4/M15/M1 Observations {image}
I very much like your strategy too bad it no longer works on EURUSD due to the low volatility of the pair averaging only 46 pips these days.
  • #793
  • Jan 17, 2020 10:28am Jan 17, 2020 10:28am
Quoting Hutch
{quote} I very much like your strategy too bad it no longer works on EURUSD due to the low volatility of the pair averaging only 46 pips these days.
Hi Hutch,

The further you can drill down the tighter the Stop needed and the tighter your TP will be.

I only Trade GBP/USD because of the greater Volatility.

I'm, now usually looking at a 5 Pip Stop and 10 to 20 Pips TP
Attached Image (click to enlarge)
Click to Enlarge Name: 17th Jan 20 EURUSD H4M15M1 Observations.png Size: 264 KB
  • #794
  • Jan 17, 2020 10:29am Jan 17, 2020 10:29am
GBP/USD H4/M15/M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 17th Jan 20 GBPUSD H4M15M1 Observations.png Size: 517 KB
  • #795
  • Jan 17, 2020 10:45am Jan 17, 2020 10:45am
Quoting Kruspe
Hi Stevepatt, very cool thread, thanks for that! I find very interesting your observation (https://www.forexfactory.com/showthr...7#post12663177) what happens to price when we see a break and close above/below a previous H4 bar. I draw some of those levels to EURUSD chart and it's very interesting. However, there still exist a couple of levels that have not been "closed". I will take a closer look Thanks K. {image}
Hi Kruspe,

Price will eventually return to "close" a break.

By drilling down into Price the Stop needed is reduced and so the amount of Pips needed to make a good "R Return" are greatly reduced.
  • #796
  • Jan 17, 2020 1:05pm Jan 17, 2020 1:05pm
Quoting stevepatt
{quote} Hi Hutch, The further you can drill down the tighter the Stop needed and the tighter your TP will be. I only Trade GBP/USD because of the greater Volatility. I'm, now usually looking at a 5 Pip Stop and 10 to 20 Pips TP {image}
I mostly trade on D1 charts on low ATR pairs but that takes less than 15 minutes a day. Here is a chart. I also trade during the day while watching Netflix movies
Thank you very much for the information and have a nice weekend with your family.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD-4Daily.png Size: 35 KB
  • #797
  • Jan 18, 2020 5:02am Jan 18, 2020 5:02am
Price is best determined in "Waves" rather than by "Time"

We need to find a "Wave" we are comfortable with and "Sail it"

We just need to be aware of the larger waves around us as we plot a course...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 18th Jan 20 EURUSD H4H1 Observations.png Size: 375 KB
Click to Enlarge Name: 18th Jan 20 EURUSD M15 Observations.png Size: 245 KB
  • #798
  • Jan 18, 2020 8:08am Jan 18, 2020 8:08am
Take a look at the charts and see if it makes sense.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 18th Jan 20 GBPUSD H4H1 Observations 2.png Size: 355 KB
Click to Enlarge Name: 18th Jan 20 GBPUSD M15M1 Observations 2.png Size: 362 KB
Click to Enlarge Name: 18th Jan 20 GBUSD H4H1 Observations.png Size: 425 KB
Click to Enlarge Name: 18th Jan 20 GBPUSD M15M1 Observations.png Size: 426 KB
  • #799
  • Jan 18, 2020 4:18pm Jan 18, 2020 4:18pm
Quoting stevepatt
Take a look at the charts and see if it makes sense. {image} {image} {image} {image}
Sail on the wawes! Yes, it does make sense and I understand this concept. However, I'm not sure how do you draw your levels (Asia session, high/lows, H4 breakout and close above/bellow, last candle before inefficient leg, point of origin?)

Thanks
K.
  • #800
  • Edited 4:28am Jan 19, 2020 4:13am | Edited 4:28am
Quoting Kruspe
{quote} Sail on the wawes! Yes, it does make sense and I understand this concept. However, I'm not sure how do you draw your levels (Asia session, high/lows, H4 breakout and close above/bellow, last candle before inefficient leg, point of origin?) Thanks K.

Hi Kruspe,

What I am looking for, on H4, is explained in the Chart below this will often correspond with an Inefficient Price Run within a Lower "Time Frame"

Remember H4 Bars will have a different Open and Close due to the different Broker Times but PRICE is PRICE

Because I am Trading from M1 H4 is as high as I need to go.

As you "Drill into Price" you will find "Waves within Waves"

Just uploaded the M15 Chart also
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 19th Jan 20 GBPUSD H4 Observations.png Size: 185 KB
Click to Enlarge Name: 19th Jan 20 GBPUSD M15 Observations.png Size: 202 KB
0 traders viewing now