congratulation and have a nice weekend
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Price Action Swing Trade System 5 replies
Shouldn't a good price action system work on all time frames? 21 replies
Two-Stroke System (Mechanical Price Action +300 pips per month) 118 replies
Building a system based on price action 5 replies
DislikedI think I am starting to grasp the idea. Seems an effective way to look for price levels to anticipate a price reaction. It may or may not happen, but if GU goes down trend my guess is a major pull back/reversal at this OB. {image}Ignored
Disliked{quote} On my chart it seems not having an imbalance? But we will find out very soon as price is near now. *edit: I referred to earlier idea of OB in this thread so... can be missing something recent that can justify this level {image}Ignored
DislikedI think we should post the plans before they happen, because it helps me and the newbies get the hang of the entry. Sorry about my englishIgnored
Disliked{quote} looks like we are having a shift in market structure after hitting that daily OBIgnored
DislikedI think we should post the plans before they happen, because it helps me and the newbies get the hang of the entry. Sorry about my englishIgnored
Disliked{quote} yes. we tapped htf OB. i would expect the intermediate timeframe trend to change... we have failed to create a HH also. {image} {image}Ignored
Disliked{quote} Just my POV as I intend to use this at its simplest form for price level determination. All LTF upside imbalances or OB are tested already (according to early concept as per this thread). Also most of the downside until 1.3830. Putting all other PA aside price is more likely to go down and to 1.383 or lower. In reality of course it is not that simple because of new orders from retail and institutional traders and other reasons. Just that the OB is not tested in H4 or lower, which is pretty HTF, its “attraction” IMO is significant enough...Ignored
Disliked{quote} yes. we tapped htf OB. i would expect the intermediate timeframe trend to change... we have failed to create a HH also. {image} {image}Ignored
Dislikedi was long on this trade. but i have to rest my eyes. round number, this week fib and ob. {image}Ignored
DislikedGold. FVGap candle make OB the breaker and it may defend the price here, looking it as TP, which is also 50% of the leg. {image} I dont know how to explain or does it have any significance, just an observation that price retraced to 50% = Equilibrium level of different legs {image}Ignored
DislikedGold. FVGap candle make OB the breaker and it may defend the price here, looking it as TP, which is also 50% of the leg. {image} I dont know how to explain or does it have any significance, just an observation that price retraced to 50% = Equilibrium level of different legs {image}Ignored