Market Structure Only- keep your charts clean | Page 33 | Forex Factory

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Market Structure Only- keep your charts clean

  • #641
  • Jun 17, 2021 5:38am Jun 17, 2021 5:38am
History repeats itself -price development after FOMC statement.
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  • #642
  • Jun 17, 2021 8:35am Jun 17, 2021 8:35am
likelly scenario. trade with caution or stay out.
we got all the moves the past 3 weeks, let it settle dont be greedy
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offering my system to copy trade. check my link
  • #643
  • Jun 17, 2021 10:07am Jun 17, 2021 10:07am
Quoting leleitaly
{quote} interesting the three indicators you use I assume as a statement, can you kindly describe how you use them ..?
i WOULD BUT i DO NOT WANT TO ON THIS THREAD IN RESPECT OF NIKOSKO, HE WANTS ME TO REMOVE THEM AND i DON'T WANT TO HIJACK HIS THREAD
PRICE IS ALWAYS FIRST
  • #644
  • Jun 18, 2021 4:45am Jun 18, 2021 4:45am
Quoting henn9
{quote} i WOULD BUT i DO NOT WANT TO ON THIS THREAD IN RESPECT OF NIKOSKO, HE WANTS ME TO REMOVE THEM AND i DON'T WANT TO HIJACK HIS THREAD PRICE IS ALWAYS FIRST
yes is a good thing, you right...also me think this THREAD is very simple and so innovative...
  • #645
  • Jun 18, 2021 6:23am Jun 18, 2021 6:23am
UC analysis.
see the difference?
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eu
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anyway, in all pairs we might have some corrections but it is not time to take swings trades. small scalps on 5m is better. good luck
offering my system to copy trade. check my link
  • #646
  • Jun 19, 2021 3:20am Jun 19, 2021 3:20am
Quoting draliraza79
EURAUD is in retracement on 4hr chart .. a bearish swing move should come in few days
check this again
https://www.forexfactory.com/thread/...5#post13574005
and
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just a reminder on how to look at charts
offering my system to copy trade. check my link
  • #647
  • Jun 19, 2021 7:51am Jun 19, 2021 7:51am
Quoting nikosk0
{quote} check this again https://www.forexfactory.com/thread/...5#post13574005 and {image} just a reminder on how to look at charts
Hi Nick....I hope you are. Last week was pretty awesome. Impressive moves . Two questions. In this EURAUD daily chart that you have shown, by bearish swing you mean the correction that might start as daily candle has broken the higher high?

Second, what do u think about AUDCAD, in HTF it is bearish but on 4hr chart it made a HH and ever since has been correcting. Last Friday, it made HH on LTF. Do you think AUDCAD will go bullish sometime soon?
  • #648
  • Jun 19, 2021 12:47pm Jun 19, 2021 12:47pm
Quoting draliraza79
{quote} Hi Nick....I hope you are. Last week was pretty awesome. Impressive moves . Two questions. In this EURAUD daily chart that you have shown, by bearish swing you mean the correction that might start as daily candle has broken the higher high?
those were your words, not mine. mine were a reply to your words on the posted link
Quoting draliraza79
{quote} Second, what do u think about AUDCAD, in HTF it is bearish but on 4hr chart it made a HH and ever since has been correcting. Last Friday, it made HH on LTF. Do you think AUDCAD will go bullish sometime soon?
ac is bearish in my eyes, it did make a HH ut failed to go higer and broke the structure down again.

stop using all the pairs, strick with one, you cant trade them all. each pair has its way, what i think other than my 4 majors doesnt matter, i dont trade them.
offering my system to copy trade. check my link
  • #649
  • Jun 19, 2021 12:59pm Jun 19, 2021 12:59pm
Aud is linked with gold if gold goes lower aud will go lower too as time passing and more coronavirus vaccines available and happening we are moving into a risk off scenario, a reset is happening in prices.

Expect gold to be lower and all foreign currencies too as Usd is gaining back the strength.
"Exchange of hands"
  • #650
  • Jun 19, 2021 1:40pm Jun 19, 2021 1:40pm
Quoting nikosk0
{quote} those were your words, not mine. mine were a reply to your words on the posted link {quote} ac is bearish in my eyes, it did make a HH ut failed to go higer and broke the structure down again. stop using all the pairs, strick with one, you cant trade them all. each pair has its way, what i think other than my 4 majors doesnt matter, i dont trade them.
I think I'll stick to 4 pairs as you advised. Also will start doing top down market structure analysis. My weakness was pretty obvious from EURAUD analysis when I was only focusing on 4hr chart and didn't even see daily......ill certainly keep that in mind.....thanks
  • #651
  • Jun 21, 2021 2:10am Jun 21, 2021 2:10am
Quoting bilal1947
Aud is linked with gold if gold goes lower aud will go lower too as time passing and more coronavirus vaccines available and happening we are moving into a risk off scenario, a reset is happening in prices. Expect gold to be lower and all foreign currencies too as Usd is gaining back the strength.
hey mate, welcome again

aud to gold
cad to oil
jpy to oil
dxy to stocks

but it doesnt matter, they are all coorelated to dxy, dxy or cash is what make the markets move, that has been the case thousands of years back
best way to trade dxy is with eu, then usddkk, then usdchf, and finally gu

some pairs move more than others or faster but in the end they all follow dxy and the stock market

cash was, is and will be king

just my opinion

and yes, even news follow them in my opinion.
offering my system to copy trade. check my link
  • #652
  • Jun 21, 2021 3:12am Jun 21, 2021 3:12am
Quoting nikosk0
{quote} Hey mate, welcome again AUD to gold cad to oil JPY to oil dxy to stocks, but it doesn't matter, they are all correlated to dxy, dxy or cash is what make the markets move, that has been the case thousands of years back the best way to trade dxy is with EU, then usddkk, then usdchf, and finally GU some pairs move more than others or faster but in the end they all follow dxy and the stock market cash was, is and will be king just my opinion and yes, even news follow them in my opinion.
To me, it is not that important what is related to what, unless one trades fundamentals.

Nikosk0 focuses on EURUSD, me GBPUSD. In that case, it is possible to know the "personality" of the particular pair. What it might do in the particular situation and at the particular time during a day.
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  • #653
  • Jun 21, 2021 9:59am Jun 21, 2021 9:59am
GBPUSD SELL started ???
  • #654
  • Edited 11:07am Jun 21, 2021 10:57am | Edited 11:07am
Quoting draliraza79
GBPUSD SELL started ???
do you see any significant structure point for a sell?

search, post pic with your thoughts and then ask. we are not here to give signals or tell anyone what to do.

if you still do not know how to identify structure, read the thread from scratch.
offering my system to copy trade. check my link
  • #655
  • Jun 21, 2021 2:30pm Jun 21, 2021 2:30pm
Subscribed to this thread. I currently trade market structures. I find it the simplest and the best way to trade the price action.
He bought? Dump it!
  • #656
  • Jun 21, 2021 3:30pm Jun 21, 2021 3:30pm
UJ daily TF

i trade UJ once every few months, i rarelly touvh it but i like the setup on it, see how it goes.

i also believe it is some kind of harmonic patern but since i dont trade them cant be really sure.
snail comment on that if you can please, you are the master of paterns on the thread

and it is not a trade suggestionm it is only what i see and my way of trading
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  • #657
  • Jun 21, 2021 5:28pm Jun 21, 2021 5:28pm
Attachment g
Waiting for a potential setup on AU daily timeframe
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He bought? Dump it!
  • #658
  • Jun 22, 2021 4:04am Jun 22, 2021 4:04am
Quoting snail69
{quote} To me, it is not that important what is related to what, unless one trades fundamentals. Nikosk0 focuses on EURUSD, me GBPUSD. In that case, it is possible to know the "personality" of the particular pair. What it might do in the particular situation and at the particular time during a day. {image}
Hi snail69, saw that you only trade on M5 TF. Can you explain why did you long on the lowest point instead of selling on the arrow that i've pointed at? What kind of confirmation was given before you took the long trade? Thanks in advance!
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  • #659
  • Jun 22, 2021 5:03am Jun 22, 2021 5:03am
Quoting nikosk0
{quote} do you see any significant structure point for a sell? search, post pic with your thoughts and then ask. we are not here to give signals or tell anyone what to do. if you still do not know how to identify structure, read the thread from scratch.
I saw LL on LTF, and since on HTF it was also sell I waited till 61.8 fib.......I think I should have waited for HH to form first followed by break of recent LL to enter the trade. Today I did that on GBPUSD during asian session. Waitednto really see shift in maket structure and as you rightly said I entered and ever since its selling. Thanks you for your advice. I need to develop more patience .
  • #660
  • Jun 22, 2021 5:06am Jun 22, 2021 5:06am
Quoting draliraza79
{quote} I saw LL on LTF, and since on HTF it was also sell I waited till 61.8 fib.......I think I should have waited for HH to form first followed by break of recent LL to enter the trade. Today I did that on GBPUSD during asian session. Waitednto really see shift in maket structure and as you rightly said I entered and ever since its selling. Thanks you for your advice. I need to develop more patience .
I should have waited for LH (not HH)....typo error
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