Don't believe everything that you THINK
BuyDips,SellRips Return This Week:
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Simple Monthly System (see attached calculator) 47 replies
Excel simple risk calculator needed 10 replies
what if every free system is attached to a trading explorer? 28 replies
If it's such a great system, why isn't there a Trade Explorer attached? 261 replies
Simple Fx Calculator 1 reply
DislikedHere is an interesting one to watch next week, trend has definitely been UP, now a bearish weekly candle I would just let price tell me in the movement of Monday and Tuesday to decide if there is a trade setup, I think slight bias for more downside. But it could be a neutral week, this is usually a low volatility pair. I'm sure the pattern traders see a Head & Shoulders, the Fibo people will have a view, the support and resistance people will have a theory, maybe even the Batty people can chime in! We can all be correct, price action rules....
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DislikedI can't stress enough, watch the video, pay attention, see and hear how he explains the Weekly Bar on the right side; pure PRICE ACTION information that people pay big $$$$.$$ for{image} And don't take my word for it, do your own research https://www.forexpeacearmy.com/forex...forex-training
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Disliked{quote} Isn't the weekly bar hindsight? On Mon or Tues I don't know what the weekly bar will look like. Interesting test if Sunday open drops 30 pips - go long with SL 150 pips - shouldn't be difficult to backtest this theory. .Ignored
Disliked{quote} Isn't the weekly bar hindsight? Please be more specific; yes, all previous weekly bars are hindsight, astute observation On Mon or Tues I don't know what the weekly bar will look like. Another fantastic observation, you're not the only one by the way But by using the weekly bias and careful observation of the price action on Monday and Tuesday, we can PLAN a trade entry Perhaps you can show us how you trade or analyze the market?Ignored
DislikedHere is an interesting one to watch next week, trend has definitely been UP, now a bearish weekly candle I would just let price tell me in the movement of Monday and Tuesday to decide if there is a trade setup, I think slight bias for more downside. But it could be a neutral week, this is usually a low volatility pair. I'm sure the pattern traders see a Head & Shoulders, the Fibo people will have a view, the support and resistance people will have a theory, maybe even the Batty people can chime in! We can all be correct, price action rules....
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Disliked{quote} Isn't the weekly bar hindsight? Please be more specific; yes, all previous weekly bars are hindsight, astute observation On Mon or Tues I don't know what the weekly bar will look like. Another fantastic observation, you're not the only one by the way But by using the weekly bias and careful observation of the price action on Monday and Tuesday, we can PLAN a trade entry Perhaps you can show us how you trade or analyze the market?Ignored
Disliked{quote} Hello Erebus Thank you for posting this chart, this is exactly what I meant in my previous posts, weekly trend is up, last week is a down bar. Now we want to establish a bias for the coming week, which one do we go by? The trend or last bar? At the open of the week we want to set a limit order 30-40 pips above or below the line as HE says, if we go with the trend we should set it below the line if we go with last bar's direction we should set it above the line. Or if we want to observe price action on M-T, if bias is long we should pay attention...Ignored
Disliked{quote} Lol, thanks for your sarcastic remarks - I am pointing out what is not clear to me - the ICT presenter shows a hindsight success. Make a vid with Monday and Tuesday on the chart and then explain what you think will happen next. I don't care if it's going to be a losing or a winning trade, just have the guts and go to the hard right edge. With your own words, Erebus: "..and careful observation of the price action on Monday and Tuesday, we can PLAN a trade entry" ICT presenter: "I did in...Ignored
Disliked{quote} Lol, thanks for your sarcastic remarks - I am pointing out what is not clear to me - the ICT presenter shows a hindsight success. Make a video with Monday and Tuesday on the chart and then explain what you think will happen next. I don't care if it's going to be a losing or a winning trade, just have the guts and go to the hard right edge.Ignored
Disliked{quote} Still interested if anybody is looking at the 30 pips drop at week open /150 pips SL strategy. Or perhaps ICT has explained his statistical edge and I missed that info. . .Ignored