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Conflict Candles- Understanding PA

  • #241
  • Mar 25, 2021 5:32am Mar 25, 2021 5:32am
Short.

The RCS is a little weak with a strong LB and a weak but full rotation candle but is in my area of interest.
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  • #242
  • Mar 25, 2021 8:13am Mar 25, 2021 8:13am
Quoting Matts Micro
Short. The RCS is a little weak with a strong LB and a weak but full rotation candle but is in my area of interest. {image}
TS 15 pips.

I was concentrating on trailing my short and didn't see the Rotation Candle Sequence appear in my AOI for entering Long. I saw it almost too late and entered at a less than ideal price. I have used my risk where I would like my stop to be slightly lower than the current LL. If price reacts how I would like it to however there may not be another chance to enter so made the decision and entered. Also contending with another round number which sometimes throws harmonics out the window.

Long.
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  • #243
  • Mar 25, 2021 8:34am Mar 25, 2021 8:34am
Things are going as per plan on the Conflict Candle read. I said in a previous post today this is where the Money Vs Money comes into play. The candles are proving accurate as they smash through the smaller TF's structures. I have backed the bulls on this onrush but that's not to say they will win. The big Short Money will be stepping in too looking for LL's.

I think I will name this a "Danger Zone" as to trade now would be a bit risky either way- mid Smart Money Vs Smart Money battle ground.
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  • #244
  • Mar 25, 2021 9:54am Mar 25, 2021 9:54am
Quoting Matts Micro
{quote} TS 15 pips. I was concentrating on trailing my short and didn't see the Rotation Candle Sequence appear in my AOI for entering Long. I saw it almost too late and entered at a less than ideal price. I have used my risk where I would like my stop to be slightly lower than the current LL. If price reacts how I would like it to however there may not be another chance to enter so made the decision and entered. Also contending with another round number which sometimes throws harmonics out the window. Long. {image}
Was a little preemptive as I didn't get a proper Rotation candle as it withdrew at the last second but I'm in the trade now.

Long on the RCS (not a great example of though).
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  • #245
  • Mar 25, 2021 10:11am Mar 25, 2021 10:11am
Quoting Matts Micro
{quote} Was a little preemptive as I didn't get a proper Rotation candle as it withdrew at the last second but I'm in the trade now. Long on the RCS (not a great example of though). {image}
SL -18 pips. That added trade was a mistake but it happens. The Shorts were too strong. Next trade.
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  • #246
  • Mar 25, 2021 10:34am Mar 25, 2021 10:34am
One last attempt.

Long (slipped).
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  • #247
  • Mar 25, 2021 10:48am Mar 25, 2021 10:48am
Quoting Matts Micro
One last attempt. Long (slipped). {image}
SL-7 pips. No stopping those shorts.
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  • #248
  • Mar 25, 2021 12:20pm Mar 25, 2021 12:20pm
Short.
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  • #249
  • Mar 25, 2021 2:13pm Mar 25, 2021 2:13pm
Quoting Matts Micro
Short. {image}
SL -8 pips. I need to stop being so stingy with my stops, PA flying toward target now.
As the lights go by so too do the shadows move
  • #250
  • Mar 25, 2021 2:27pm Mar 25, 2021 2:27pm
Quoting Matts Micro
{quote} SL -8 pips. I need to stop being so stingy with my stops, PA flying toward target now.
I'm slapping myself on the forehead right now. I made a mistake. I had the 1:1 already marked which is an AB=CD. With this set up it will often retrace 100% even a little more. Dumb mistakes is where I start getting emotional...
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  • #251
  • Mar 26, 2021 12:10am Mar 26, 2021 12:10am
My results in the last month or two have being going down hill. I went through my posts and realised that I am making too many mistakes. It's not the technicality of my trading plan but rather the execution of it. I then broke that down and ask myself why. The only correlation I could find was the posting of my trades on FF. I think I am getting too distracted with trying to post on FF. It takes my attention away from my charts and I am missing things.

I am going to keep going with Conflict Candles because I think I have got something worth working on. I am going to stop posting in real time however but I think I will post my results when I get time. I need to keep a log of the CC's for my own history sake so I can learn as I go.

I like posting my trades so I can read back on them but it's not in my trading plan and I think it is having a negative effect on my results. Sorry to any who are following.
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  • #252
  • Mar 26, 2021 9:27am Mar 26, 2021 9:27am
Currently short on 2 positions.

At the top in the red filled box is an interesting candle sequence. It has the same Short Sell candle but at the end of the sequence instead of the start. This may be a good confirmation and work the same as my current Rotation Candle Sequence. I will be watching for any of these setups in the future.
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  • #253
  • Mar 26, 2021 10:08am Mar 26, 2021 10:08am
Quoting Matts Micro
Currently short on 2 positions. At the top in the red filled box is an interesting candle sequence. It has the same Short Sell candle but at the end of the sequence instead of the start. This may be a good confirmation and work the same as my current Rotation Candle Sequence. I will be watching for any of these setups in the future. {image}
Another RCS with the SS at the end of the sequence to confirm the trade (2nd small red filled square). I will update to see where it goes.

Ignore arrows / orange square was posting on another thread.
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  • #254
  • Mar 31, 2021 1:40pm Mar 31, 2021 1:40pm
Looking to see if there is any reaction from the RCS where the LS candle is after the rotation candle.
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  • #255
  • Last Post: May 31, 2021 10:08pm May 31, 2021 10:08pm
Quoting Matts Micro
My results in the last month or two have being going down hill. I went through my posts and realised that I am making too many mistakes. It's not the technicality of my trading plan but rather the execution of it. I then broke that down and ask myself why. The only correlation I could find was the posting of my trades on FF. I think I am getting too distracted with trying to post on FF. It takes my attention away from my charts and I am missing things. I am going to keep going with Conflict Candles because I think I have got something worth working...
My assumption here I think was correct. My results have been good since I have stopped posting and I am back on track.

I am still watching Conflict Candles within my trading. This threads exercise was invaluable to me and I learnt lots. I can now watch the PA candle by candle with a greater understanding of what the market wants to achieve. I haven't created a system from this as of yet but it is still in the back of mind when I am watching my charts.

The best little nugget that I discovered for myself was the Rotation Candle Sequence. This is a really good indication of what PA wants to do. Not only that however, if the sequence is backward then it will often be a continence signal. I see the sequence happening in different ways at different periods of the swings / chart to create an expectation on its own that is often met.

The other Conflict Candles are good to watch and if the expectation of what the direction they point to fails is another indication that the reversal of the expectation is likely to occur. There is a depth here in what I have created on this thread and I am still learning from it. I would like to post more to convey what I have found but my trading must take precedence without interruption. I am hoping I will find time to post more, perhaps when I have created a clarity to a system from the Conflict Candles.
As the lights go by so too do the shadows move
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