Disliked{quote} It looks like fibonacci is always happening because it puts 5 horizontal lines on the chart,.
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Hey, Newbie got some questions 12 replies
Hey all 1 reply
Hey! yellow news...??? 3 replies
hey all 11 replies
Disliked{quote} It looks like fibonacci is always happening because it puts 5 horizontal lines on the chart,.
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QuoteDislikedThe same is true of the opposite side...if the buyers dry up first and go to zero...price will tick down, looking for more buyers....This will segue perfectly into my next post...Dominance.
Disliked{quote} Can i ask a language question here to confirm that i correctly understand the konowledge... what is difference between "price will tick down" and "price will go down"? ...Ignored
Always keep in mind that price will NOT move anywhere unless the aggressive side uses up ALL the available liquidity and each and every level.
DislikedHi Don, i am here again .. i am reading this thread and now at page5. I noticed this thread started in 2017 and you didn't use VP chart but regular price chart with volumn indicator to analyze price exhaustion,,etc does VP chart not exists in FX market? or just you have not used VP chart yet 2 years ago? and for another point, you said you will focus on how to 'translate' the knowledge in futures to the FX market in this thread. as i only trade futures ,is the teaching in this thread still helpful to me? BTW, i have not seen a thread which...Ignored
Quoting hefei;12769535.Disliked.i.can post my analysis here in the near future. thank you!Ignored
Disliked{quote}And price and volume alone is far more accurate than EVERY other "indicator" or math solution you can think of. I hope this answers your questionsIgnored
DislikedAgain I bring up the subject of "hedging" for those interested. Using this one simple rule: "Engage at the edges." This kind of trade is especially effective when a range is forming and we can't tell when, if, or which way it will break...in fact no one really "knows". So I engage at the edges as soon as I see the order flow begin to exhaust. I was long from the bottom and now just entered short from the top, as well has having a 2nd position waiting to be filled. Now...no matter which way the range breaks I will have a profitable trade. And once...Ignored
Dislikedwhy signed buying exhaustion on circle 1&2? i just see a lot of buying there and thought it was a sign of buying strength... or normal buying only appears at the bottom of a bar, if large buying appears near the top so it can considered as a kind of UNNORMAL (considered as orderflow inversion which is a sign of swing point?)?Ignored
DislikedLooking at USD/CAD...All the bru-ha-ha over the corona virus has caused the CAD to fall to 2 year lows. And now it appears an order flow "inversion" is forming. I am in short with a small position {image}Ignored
Disliked{quote} OK...now I am back in the office and have a far more informed view of this market that you asked me to assess. {image} Note first: the selling exhaustion phases that appeared and also coincided with the bottom of a well established range (9 weeks in the making). Of particular interest is that the absorption phase was "hidden" inside the large bearish candle that formed the last bottom. It would have been indistinguishable except that the delta volume profile allowed it to stand out...a large block of selling that could NOT push price any...Ignored