Trading Focal Points -- "A Leap Of Faith"... | Page 27 | Forex Factory

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Trading Focal Points -- "A Leap Of Faith"...

  • #521
  • Apr 28, 2022 7:15am Apr 28, 2022 7:15am
missed the trade, but wanted to show this beautiful Double top setup.
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  • #522
  • Apr 28, 2022 8:18am Apr 28, 2022 8:18am
Quoting js497
missed the trade, but wanted to show this beautiful Double top setup. {image}
at the end it looks like a Head and Shoulders pattern
  • #523
  • Apr 28, 2022 8:47am Apr 28, 2022 8:47am
Quoting parisboy
{quote} at the end it looks like a Head and Shoulders pattern
on cma inferior yes.
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  • #524
  • Apr 28, 2022 11:59am Apr 28, 2022 11:59am
Next again...
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  • #525
  • Apr 30, 2022 2:10am Apr 30, 2022 2:10am
Quoting parisboy
NIFTY 50 Envelopes What tells you the Envelopes Triad ? {image}
All i see is that envelope 32 and 128 crashed against the bigger envelope and price came down. This could sound stupid but honestly thats all i see
  • #526
  • Apr 30, 2022 2:17am Apr 30, 2022 2:17am
Quoting parisboy
NIFTY 50 1 mn Centered Moving Averages 16 (red) , 32 (blue) , 128 (ocre) What do you see ? {image}
Here I see 16 and 32 oscillating around 128 and the intersections aka focal points moving up continuously. Then I see the last intersection happing lower that the previous one indicating change in trend ? Then i see the projected 128 going through the middle of 16 and 32 thereby ending the downtrend ? Also the 16 and 32 have moved up thereby hinting that 1/2 the upcycle is done and remaining 1/2 is in progress ?
  • #527
  • May 2, 2022 11:50am May 2, 2022 11:50am
DAX 1 mn

Focal Points
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  • #528
  • Edited May 3, 2022 4:57am May 2, 2022 12:43pm | Edited May 3, 2022 4:57am
Quoting aptx
{quote} All i see is that envelope 32 and 128 crashed against the bigger envelope and price came down. This could sound stupid but honestly thats all i see
The Underlying Longer Term Trend has 4 Times more influence on Price Action than the shorter trend represented by Envelope 32 - 280 points against 62.5
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  • #529
  • May 2, 2022 12:45pm May 2, 2022 12:45pm
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  • #530
  • May 2, 2022 4:53pm May 2, 2022 4:53pm
I understand the dashed brown lines but where do the black dashed lines come from?
  • #531
  • May 3, 2022 4:39am May 3, 2022 4:39am
Quoting handy148
I understand the dashed brown lines but where do the black dashed lines come from?
handy I just forgot to update the chart. Keeping the old trend angles allows to observe the changes in trend
  • #532
  • May 3, 2022 4:56am May 3, 2022 4:56am
DAX 1 mn

Long position Opened
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  • #533
  • May 4, 2022 4:23am May 4, 2022 4:23am
DAX 1 mn

Focal Points are located in the middle of their respective Price Swing
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  • #534
  • May 31, 2022 10:58am May 31, 2022 10:58am
Quoting robots4me
{quote} In MT4 and MT5 these are called SMA (Simple Moving Average). Regarding the extension, algorithmically it is drawn by continuing the slope where the SMA line left off. On my indicators and @parisboy's charts, the portion of the SMA that represents the extension has dots.
Hi Robot4me,
sorry if I write to you here but I would like to know how I can get in touch with you.
Thank you
  • #535
  • Jun 10, 2022 2:04pm Jun 10, 2022 2:04pm
Again thanks to robots4me and Parisboy. I am successfully trading gold. Performance of this week.
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Love for all; Hatred for none.
  • #536
  • Jun 10, 2022 3:33pm Jun 10, 2022 3:33pm
Quoting aahmad29
Again thanks to robots4me and Parisboy. I am successfully trading gold. Performance of this week. {image}
Do you mind if I ask how you are trading profitably?? Thanks
  • #537
  • Jun 10, 2022 6:02pm Jun 10, 2022 6:02pm
Quoting Bigballer12
{quote} Do you mind if I ask how you are trading profitably?? Thanks
Yes so far I am doing good but my trading strategy is not recommended. I use three systems for trading. 1) Trading Focal Points 2) Billy and Jim TMA band 3) Supply and demand.

I trade against the trend by adding positions. So without proper knowledge and experience , I won’t recommend.
Trading focal point gave me idea of market so my analysis is totally based on this system and TMA bands for entry and exits.

I am trading successfully for only last three months so this period is not good enough to have experience but I have some previous experience so I am trading.
Love for all; Hatred for none.
  • #538
  • Jun 11, 2022 1:43pm Jun 11, 2022 1:43pm
BTCUSD 1 mn

Opened Long position
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  • #539
  • Jun 11, 2022 8:17pm Jun 11, 2022 8:17pm
Quoting aahmad29
{quote} Yes so far I am doing good but my trading strategy is not recommended. I use three systems for trading. 1) Trading Focal Points 2) Billy and Jim TMA band 3) Supply and demand. I trade against the trend by adding positions. So without proper knowledge and experience , I won’t recommend. Trading focal point gave me idea of market so my analysis is totally based on this system and TMA bands for entry and exits. I am trading successfully for only last three months so this period is not good enough to have experience but I have some previous...
What is your strategy for trading focal points? I have been reading parisboy posts for awhile now but havent yet found a strategy to trade with. thanks
  • #540
  • Edited 2:58am Jun 12, 2022 12:35am | Edited 2:58am
Quoting Bigballer12
{quote} What is your strategy for trading focal points? I have been reading parisboy posts for awhile now but havent yet found a strategy to trade with. thanks

My interpretation of trading focal points is totally different. I already mentioned detail in last reply but I think I have to do in my old school way. I use three systems for trading

  1. Trading focal points
  2. Billy and Jim TMA
  3. Supply and demand

My way of trading is not recommended because I trade against trend.
Initially I use Resistance and support levels with limit orders. If price break R3 or S3 level then I add 7 more positions. Here I decide to use other two systems. MA’s ( MA’s of trading focal points) help me to find overbought and oversold level and TMA signal on H4 time frame gives me signal to add positions. My TP is not fix , I change it according to situations.
if you see those red arrows, Red line MA is at the top of all other MA's so price overbought and with blue arrow; red MA is at bottom so price is oversold. Sometimes i keep orange/yellow line as target or opposite band. You can see small squares as signal for adding position.

Hopefully you got your answer.

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Love for all; Hatred for none.
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