{quote} bro, the truth is that you are spamming too. you are posting every time after he does. so use the ignore button and talk trading. we got your point already.
True words
Cable Update (GBPUSD)
- #540,741
- Aug 4, 2020 3:08pm Aug 4, 2020 3:08pm
- Joined Mar 2020 | Status: unity | 1,097 Posts
True words
- #540,742
- Edited 4:00pm Aug 4, 2020 3:08pm | Edited 4:00pm
- Joined Oct 2010 | Status: Trader | 4,465 Posts
{quote} No, my friend, Right now we are seeing a lower hourly candle. I simply give from a top-down perspective. Of course hourly candles are good for a scalp but then again I would prefer to scalp in the direction of the higher time frame. If it is how the markets work for you I have to disagree right now Cheers. {image}
Your original post referred to the progression of the daily LH LL bars, the daily swing is up , take a look at as many daily swings as you like a progression of LH LL bars after a series of HH HL bars is most often a correction of which you are looking at the internal structure using the hourly swings. I know from experience that it is far more profitable to buy the dips in an up swing and sell the rallies in a down swing rather than try to sell into a dip in an upswing and buy into a rally in a down swing.
Here is an example using a 4H up swing , see how the LH LL are short lived and assuming the same principle to look at the internal structure as swings from the 15 minute, you never would have had a chance to go short or if you had of shorted you would of lost. This is why i keep advising to learn multiple timeframe analysis , it helps to avoid being fooled into trading corrective trends
Chart Hierarchy
1. 1x candle is smallest unit of chart
2. Candlesticks make 1x candle pattern
3. Candlesticks and candle patterns make 1x swing
4. Multiple price swings make price patterns
5. Multiple price swings and price patterns make 1x trend or range
6. Multiple trends, ranges, and price patterns make chart and market structure
CHEERS
,
Follow The Markets Structure - Patience and Discipline
- #540,744
- Aug 4, 2020 3:09pm Aug 4, 2020 3:09pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #540,745
- Aug 4, 2020 3:10pm Aug 4, 2020 3:10pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
{quote} Yes, but something has to be done to improve this thread. Lots of members dont want to be here any more because its centred on one traders mistakes all week
If we just keep posting our own analysis, this thread won't be centred on a single trader.
Compulsions can be hard to resist
- #540,747
- Aug 4, 2020 3:14pm Aug 4, 2020 3:14pm
- Joined Mar 2020 | Status: unity | 1,097 Posts
{quote} OHHH... ok. You think it will go UP to 93.3, then continue down. Gotit.
sorry i do really need to practice my english..but ye max 93.370..previus trendline..but lets see
- #540,748
- Aug 4, 2020 3:15pm Aug 4, 2020 3:15pm
- Joined Apr 2020 | Status: Trader | 8,806 Posts
Trader with an Edge.
- #540,749
- Aug 4, 2020 3:15pm Aug 4, 2020 3:15pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #540,750
- Aug 4, 2020 3:15pm Aug 4, 2020 3:15pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #540,753
- Aug 4, 2020 3:19pm Aug 4, 2020 3:19pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
{quote} Yes...man i think my english is hurting your eyes
Don't compare your trades to others. Most often the masses are the asses
- #540,755
- Aug 4, 2020 3:21pm Aug 4, 2020 3:21pm
- Joined Mar 2020 | Status: unity | 1,097 Posts
{quote} Your english is actually quite good brother. Don't apologize. Definitely better than my Dutch, or whatever your mother language is lol.
- #540,757
- Aug 4, 2020 3:24pm Aug 4, 2020 3:24pm
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
in wondering about yourself, you forgot what you came here to be part of
- #540,759
- Edited 3:41pm Aug 4, 2020 3:27pm | Edited 3:41pm
- Joined Apr 2011 | Status: Trader | 2,433 Posts
{quote} lets all just give it a rest for a bit and see if the message has hit home. Sometimes you have to let things go to get a change....
Have a great trading day
