How To Trade With Accuracy - The Market Way

This blue triangle is a bullish pennant pattern??? pls tell me, is it true? how can it be explained as bullish when reading the market structure the more price aproachs the right corner the lower LH it makes, so I see momentum is clearly weaker

you spelt possession wrong

happened exacly the same at the eurusd, and guess what? stops climbing exacly at the weekly open, then make a retest where it goes a little further and it is. as they say, news are just fuel, I see it clearly

@B.Mir

I feel here is a trap, momentum show stronger at the second push, now suddenly gone? expect is 1750, 1752 before it would turn down

updt: why the 1 BUY trade went wrong, got into big DD?

updt2:
N is usually the reversal for LO... LO was up-move,
1/ would we reach 1752,1753 before NY session open, or after?
2/ will NY down-move or a continuation?
3/... Would we see that price action behaviour earlier using B.Mir method?

UPDT3:
moving SL for limiting danger loss level, 3 lots is too big for daily max DD of b**dy 5%... The big question is here also: Should I grab 400$ and run, or confident stay in the trade? I worked out it should hit 1752 so trust my analysis or take the money and run? not many jobs pays $400 a day...

UPDT4:
gone the 400$ ... that is how hard trading is It is easy to teach Trust your plan.
In H1 still 7 min left, bu strong sign of reversal, in M5 price bounced off the W1_High_2(prev of the last week high)? what is more to trust? give me an advise here folk

UPDT5:
Oh no i left one BUY trade upthere without SL...hedging unwanted.
the other issue is indecision candle, @B.Mir has spoken from that candle with a special proportion, so which one are relevant here? I think @PeterCaleb can give input here why these dojis found in these positions just meaningless?
appropos price just coming in to the NY opening, convert to the ema50 & had bounced off prev day high seen in M15... is continuation move to 1750 still applicable?

UPDT6:
in M5 ema10, ema50 point down, prrice hover hen below 144ema... by the momentum prefer scalp down to 1736, 1735.
If price reached 1735, that would be 15:10 chart time, what time US stock market open, 15:30? So be ready or reaction, dont let the market cheat you can explain you why et but price will be back in area 1742 to 1745 not by end of today then tomorrow. if aussie thread's veteran, B.Mir could help us with input here. the million qquestion is where to get in the buy trade with the optimal daily DD less than 5%????? see pic 15:10

UPDT7:
P will hit 1735, 1733 soon

You are an absolute genius ntk.......more unintelligible crap.

About time:
The recent drop compensating the climbing from yesterday notices in the eurusd happened exacly at the japan closing, I mean this because I was in front of the computer then and I live in small village where they still use the bells of the steeple to tell the our, at the first bell the candle turned red and the price don't stop since just one hour later, I can't tell with the same exactitude because I wasn't in front the screen but the 1m candle coincides with the first pullback, reacting at 50% daily

@B.Mir any specific reason you use 75 level instead of 78.6? It kind of triggers my OCD

He wont make it to lucky 100. Is it good, is it bad?

100 ÷ 4 = 25
So levels are 0 (high or low, regardless), 25, 50, 75, 100 (low or high, regardless).
That's why with this method it doesn't matter from where you trace your fibs.

You can continue using 78.6. Because whether it's 75, 78.6, 72.5648, or even 79.666666, at the end of the day it's only a line that represents a certain retracement.
The line in itself is pretty insignificant, despite what people may believe religiously.
It's what price does when reaching a level you're observing (and when), and how you execute the trade, that is much more important.

Taken from profile page B.Mir...


Adios...

He posted this when the thread was move to Rookies section

I think B.Mir mentioned that he was going on a road trip,wouldn't it be great if that trip was to Nigeria.......you could hook up and trade together.

hi, I thought I was very perceptive ...

Yes, seemed familiar at the time.... maybe coincidence, who knows.

With the op leaving the forum this thread has a lot of chances to die

One question, if B.mir leaves the forum, how many of you would want to stay here trying to figure out this trading system no matter what and even without him?

I will keep working on it because it's working for me and I trust that this way will bring me to be a sucessful trader, I would like to keep this thread alive but not being alone, time will tell.

@B.Mir, our home work

UPDT:
although not belong to this method, price currently under ema50 ema200, so the H1 SHS is critical short term, price hold 1755, 1753? Professionals keep selling, they take profit, as price has risen considerably from 1680. But does he Bull forces have enough power to defend these levels 1755 to 1753. Long term is clearly +1800 but 1 needs to keep proper money management to not come under the knife.
Under 1752 Id go for scalping sell

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