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Attachments: Going for it
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Going for it

Level playing field
I have the same latency as you. I have the same tools. I have the same kind of money. I have the same type of brain.
And i like it so. If i win i know its on my own merit. If i win, i know im better then million dollar servers, teams of programmers and overpaid goldman sachs traders. Its not that im looking for proof of superiority. Its more like i enjoy beating people in theyr own game. I enjoy being smart and proving that, mostly to myself. Just like i enjoy a good round house kick to the bag in the basement more then i enjoy a bad ruond house kick.
My signature is: "Classified".
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My signature is: "Classified".
Hello yaed, greetings from the U.S. I have a question. In post 363, could you show exactly where the former high is, that price is afraid of. I presume this is an M1 chart, is the "former high that price is afraid of" within the rectangle? I'm confused about this. Thank you, Darryl.
Quoting Darryl
Hello yaed, greetings from the U.S. I have a question. In post 363, could you show exactly where the former high is, that price is afraid of. I presume this is an M1 chart, is the "former high that price is afraid of" within the rectangle? I'm confused about this. Thank you, Darryl.

Hi Darryl,

I hope Yaed doesn't mind me posting a reply but this is how I see it......

This is all Trading Boils down to at the end of the day

You can make it as complecated or EASY as you want to make it

Ho, it's a 4 hour chart....
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Hi Steve, thanks for the reply, makes a lot of sense. Nice chart too!
I will keep it in mind.
  • Post #367
  • Quote
  • Edited Aug 29, 2023 4:02am Aug 28, 2023 3:53pm | Edited Aug 29, 2023 4:02am
Quoting Darryl
Hi Steve, thanks for the reply, makes a lot of sense. Nice chart too! I will keep it in mind.
Like Steve said, its a H4 chart.
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Im quite certain that was what i was thinking about, much like Steve explained it. But maybe this concept of levels that price "shy away from" can be an even earlier indication then lower lows and higher highs... As its in fact lower highs (look to sell) or higher lows (look to buy).
My signature is: "Classified".
Quoting yaed
{quote} Like Steve said, its a H4 chart. {image} Im quite certain that was what i was thinking about, much like Steve explained it. But maybe this concept of levels that price "shy away from" can be an even earlier indication then lower lows and higher highs... As its in fact lower highs (look to sell) or higher lows (look to buy).
Even so, its not certain and it might not be enough, since if it was always true the market would crash, since price would go one way and just keep going...
I guess what im saying is that its a way of telling what price is currently doing, what trend its currently in.
What is going to happen in the future is obscured, hidden, uncertain, to some degree.
Thinking that price will be certain to continue a trend for ever is not a good idea, which like i said, the markets prove it dont, since it would crash directly.
My signature is: "Classified".
  • Post #369
  • Quote
  • Edited 11:21am Aug 29, 2023 10:47am | Edited 11:21am
Yaed, good morning. Thanks for clearing everything up. I see now what you mean.
Also I like your post 343 and 344, "Cheap".
My Car broke down yesterday.
Im on the bus with my son and 50 kids...
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My signature is: "Classified".
Quoting yaed
My Car broke down yesterday. Im on the bus with my son and 50 kids...{image}
What that means, for instance (and not to be taken as a complete interpretation) is that the next sequence can be thought of or planned to be rather like the last one. On Monday i plan to explain how in detail i mean that. If i still feel like it by then.
My signature is: "Classified".
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My signature is: "Classified".
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My signature is: "Classified".
Quoting yaed
{image}

Hi Yaed,

I don't know if this makes sense to you?

If not just ignore ask any question
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Quoting stevepatt
{quote} Hi Yaed, I don't know if this makes sense to you? If not just ignore ask any question {image}
Indeed it does.
One of the problems though is how big is the zone in which to consider rejection as in the high you marked?
My signature is: "Classified".
Quoting yaed
{quote} Indeed it does. One of the problems though is how big is the zone in which to consider rejection as in the high you marked?

Hi Yaed,

I find Price will quite often React to a Candle of the Opposite Colour.

In this Example Price was Falling the Candle that I have Highlighted was Bullish (just)

I watch these Levels of Interest, on a Lower Time Frame, as Price Returns to TEST them

I hope what I am trying to explain makes sense....
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Quoting stevepatt
{quote} Hi Yaed, I find Price will quite often React to a Candle of the Opposite Colour. In this Example Price was Falling the Candle that I have Highlighted was Bullish (just) I watch these Levels of Interest, on a Lower Time Frame, as Price Returns to TEST them I hope what I am trying to explain makes sense.... {image}
Hi Jaed,

Further Observations
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Quoting stevepatt
{quote} Hi Yaed, I don't know if this makes sense to you? If not just ignore ask any question {image}
In fact a friend of mine have the idea to enter a trade as soon as you can see that price is leaving a S/R zone.
I mean, if it price is not in a zone, and the zone "is" there, then between the zones should be more "free" space of price, not hindering price to change?
So then then the important thing becomes to define the zones, and then enter trades in between.
And there are A LOT of names for that, and as many theories as you care to count.
To me it dont much matter what you call it.
What matters is the green pips and how to do it.
My signature is: "Classified".
Quoting stevepatt
{quote} Hi Yaed, I find Price will quite often React to a Candle of the Opposite Colour. In this Example Price was Falling the Candle that I have Highlighted was Bullish (just) I watch these Levels of Interest, on a Lower Time Frame, as Price Returns to TEST them I hope what I am trying to explain makes sense.... {image}
Yes it does make sense.
For instance we can watch what happens on M1 as price comes to a level, and if it just goes through then apparently noone is intersted in defending that level.
My signature is: "Classified".
Quoting yaed
{quote} Yes it does make sense. For instance we can watch what happens on M1 as price comes to a level, and if it just goes through then apparently noone is intersted in defending that level.

Hi Yaed,

Yes, that is exactly what I do.

I mark my Levels of Interest on M15 and Watch for Reaction (Price Action) on M1

There's a lot of Information on the two Charts it's a matter of how YOU see it through your EYES

Basically it's Supply and Demand....

I don't Trade EUR/USD only GBP/USD only I find it has bettter Volatility
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