Time and Price Forecasting

Quoting Swede

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{quote} I will open the chart up to see better. I only use this on the daily chart as a potential entry. The concept is taken from ICT who trades this method on every time frame, but I only use it as a guage on the daily...The concept is simple, wherever there is a change in direction there is usually a pump candle closing green (or vise versa on a change to long) at the top of the range, the next candle falls hard indicating a change in direction, the subsequent candles will come back and test the area....that is the entry...the retest. {image}...

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Quoting OAPDave

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{quote} The logic makes complete sense Here is the Bar Pattern set within My Pivot Calculator Grid {image}

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Quoting Swede

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{quote} Looks really good Dave...can u post the rsi indicator...

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Quoting kapital

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Look for a potential reaction (support or catalyst for further movement downward) at the bottom purple sliding parallel of the regular pitchfork due to the resistance met at the bottom purple sliding parallel of the modified schiff pitchfork. {image} {image} {image} {image}

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Quoting Swede

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I pretty much only trade the NY session these days Dave, hate those late nights....but this is an example of the method I use every day and there are usually 2 or 3 trades available and they are very easy trades. Once the zone is established on the daily, 1 hour or 4 hour, I pop down to the 5 min for the analyses using fibs, nodals and zone retrace. this one, just closed gave up 80 pips in 4 hours...nice hey? {image} {image}

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Quoting OAPDave

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{quote} Swede Nice, always said you were a Top Guy, that's why I always read your posts with great interest and in most cases, more than happy to give you a well deserved( Like ) to show my appreciation for your tireless work Also noticed how quick and how many downloads the indicators get that you post Yet I have to admit even though this is a journal thread , there is next to nothing come back in response which greatly disappoints me Like you, I think I have found an edge but not in actual FX currencies but Indices so I am going to back off a...

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Quoting Swede

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{quote} Ya...its too bad there isn't more participation, kind of kills initiative to keep posting, I guess the reason I still post is to help some see the benefit of some pre analyses, it is not difficult, takes 20 min to half and hour in the morning to spot some key areas and currencies ripe for a turn. I know you see the same thing using your analyses, I could copy your charts and go to work without hesitation but I'm staying away from a bunch of indicators, really focusing on Price Action, fibs and trendlines as secondary confluence, same as...

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Quoting MoeinYzz

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{image} Diagonals. When drawn correctly.. I'm amazed of the accuracy and the opportunities that follow! Today's NFP spike was a perfect entry short on EURUSD (another mindblowing fact, also other USD pairs), which yielded many pips. However mistake was on my part because I hesitated and forgot how news spike is a fast entry and if you miss it, there might not be a second chance. But all in all I'm super happy about it because it boosts my confidence in this system and gives me experiences to log in my journal for future use!

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Quoting vik11

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{quote} I was here a while ago, then ended up diving into ICT stuff for many months. I'm back now and still looking for a real edge. I remember how helpful you were/are Swede, so please continue the good work as I will definitely appreciate it. The price action thread is a fantastic idea. I'll be first in. Over the weekend I'm going to go back over your posts. Thanks

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Quoting Swede

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{quote} Hi vik11....you will do well knowing the basis of ICT, understanding the market we trade. For example how to know what constitutes a valid block trade, something I watch for when a market turns because the retrace will fill the coffers if executed properly, especially on the 1 hour time frames. Then drawing the diagonals from valid turns will give you an awesome landscape to trade from...like MoeinYYC posts above. So, keep trying some of the things you learned and combine with some of the things taught in the past, have a strong look at...

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Quoting mahajans

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Hi Swede , Thanks for enlightening all of us by showing your actual trades and also reason behind it. I have one small query - I believe all these geometric angles , trendlines , fibs etc work for any kind of market in the world ? Even for shares listed in various stock market (NYSE , KOSPI , etc) also it should be applicable ? Kindly advice.

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Quoting vik11

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{quote} Great posts! I started to use angles a few months back - well probably over a year, but I got distracted with other stuff. Glad I got a notification as I've now drawn up some squared angles on my charts. Thanks for reminding me what I was missing

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