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  • #2,461
  • Dec 2, 2024 7:46am Dec 2, 2024 7:46am
Quoting sutivserv
{quote} Phil, Thanks for always helping out. I am trying to interpret the timing the way I understand it. The zone marked A is where the last trapped sellers were located. When PA approached this zone, there was a fight between the buyers and sellers (zone marked B), but eventually, the sellers took control and made a low. Is my interpretation in order? Sutiv {image}
Hi Sutiv

no problem i am only trying to do what was asked of me for the help i recieved.

so yes you are correct, but the set ups are similar but not often the same in looks, you have actually asked this question at a good liquidity area so have marked up some other charts to try to help.

Phil.

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-be careful about what you allow to be put in your mind-
  • #2,462
  • Dec 2, 2024 9:44am Dec 2, 2024 9:44am
update........

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  • #2,463
  • Dec 2, 2024 10:19am Dec 2, 2024 10:19am
update........

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  • #2,464
  • Dec 2, 2024 10:32pm Dec 2, 2024 10:32pm
Quote
Do I make any sense?

https://www.forexfactory.com/thread/...6#post15077636

Of course there are many ways to skin a cat
  • #2,465
  • Dec 3, 2024 4:13am Dec 3, 2024 4:13am
another possible example in the making? leg 3????

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  • #2,466
  • Dec 3, 2024 4:18am Dec 3, 2024 4:18am
Quoting dbrown101
{quote} https://www.forexfactory.com/thread/...6#post15077636 Of course there are many ways to skin a cat
Hi dbrown,

good post/link my friend ad thank you for helping out.

Phil.
-be careful about what you allow to be put in your mind-
  • #2,467
  • Dec 3, 2024 6:11pm Dec 3, 2024 6:11pm
Quoting phil13
{quote} Hi Sutiv no problem i am only trying to do what was asked of me for the help i recieved. so yes you are correct, but the set ups are similar but not often the same in looks, you have actually asked this question at a good liquidity area so have marked up some other charts to try to help. Phil. {image} {image}
Phil,
Thanks for the analysis.
Please tell me the significance of the numberings (1,2,3, etc.) in the liquidity zones and the areas you described as low chance, medium chance, good chance etc.

Sutiv
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  • #2,468
  • Dec 4, 2024 3:38am Dec 4, 2024 3:38am
Quoting sutivserv
{quote} Phil, Thanks for the analysis. Please tell me the significance of the numberings (1,2,3, etc.) in the liquidity zones and the areas you described as low chance, medium chance, good chance etc. Sutiv {image}

Hi Sutiv

if you the yellow 1,2,3 in my chart above your post, then I was just pointing out the liquidity areas and allowing others/you to assign the/your own given chance of expectation on probability of price reaching those areas.

If you mean 1,2,3 in the chart you are showing in this post then they are the waves up/down to allow me to know where we are within the current move (form) in relation to the daily direction.

The 'chance' markings' in the chart you have in your post are my own guess of the probability of the price hitting these levels, it helps in not to expect and try to ride to much on the next leg/move that may happen if my expectations come true as we can know the areas that are more likely cause a turn that lay in our way (AOW = terrain).

Phil.
-be careful about what you allow to be put in your mind-
  • #2,469
  • Dec 4, 2024 4:38pm Dec 4, 2024 4:38pm
Quoting dbrown101
{quote} https://www.forexfactory.com/thread/...6#post15077636 Of course there are many ways to skin a cat
Dbrown,
Thanks for your input.

Sutiv
  • #2,470
  • Dec 4, 2024 5:51pm Dec 4, 2024 5:51pm
Quoting phil13
{quote} Hi Sutiv if you the yellow 1,2,3 in my chart above your post, then I was just pointing out the liquidity areas and allowing others/you to assign the/your own given chance of expectation on probability of price reaching those areas. If you mean 1,2,3 in the chart you are showing in this post then they are the waves up/down to allow me to know where we are within the current move (form) in relation to the daily direction. The 'chance' markings' in the chart you have in your post are my own guess of the probability of the price hitting these...
Phil,
Thanks for the clarifications.

Sutiv
  • #2,471
  • Edited Dec 6, 2024 5:57am Dec 5, 2024 5:56pm | Edited Dec 6, 2024 5:57am
Quoting sutivserv
{quote} Phil, Thanks for the analysis. Please tell me the significance of the numberings (1,2,3, etc.) in the liquidity zones and the areas you described as low chance, medium chance, good chance etc. Sutiv {image}
Phil,
Please, how do you use the daily and hourly MAs in relation to the price action in the hourly and M5 charts, respectively?

Regards,
Sutiv
  • #2,472
  • Dec 7, 2024 9:14am Dec 7, 2024 9:14am
Quoting sutivserv
{quote} Phil, Please, how do you use the daily and hourly MAs in relation to the price action in the hourly and M5 charts, respectively? Regards, Sutiv
Hi Sutiv

they are there as a general quick guide as to what the price is doing 'now', because they are set to my preferred ema's at median price (H/L2) for the time frames above that particular chart, it often seems to be where (another area) the market appears to have good liquidity, so they can be good areas to trade from or take some/all profits, it can be used to only trade under or below if all 3 time frames ema's are trading above/below at the same time, but using them like this will often mean you sitting on your hands and are late to join the party (bandwagon theory), they are good for seeing big tears in the price and that can be traded often successfully back to the ema at least, to do this you need to understand what the bar moves are suggesting to you (top/bottom fishing). At the moment for next week price and ema's are criss/crossed (fti), so that suggests a bit of side way movement in the longer term charts (so long as major news does not disrupt that), we can use this to our advantage by knowing the tops and bottoms that are now being produced and adjust our trading for this type of market movement.

Phil.
-be careful about what you allow to be put in your mind-
  • #2,473
  • Dec 10, 2024 3:16am Dec 10, 2024 3:16am
Quoting phil13
{quote} Hi Sutiv they are there as a general quick guide as to what the price is doing 'now', because they are set to my preferred ema's at median price (H/L2) for the time frames above that particular chart, it often seems to be where (another area) the market appears to have good liquidity, so they can be good areas to trade from or take some/all profits, it can be used to only trade under or below if all 3 time frames ema's are trading above/below at the same time, but using them like this will often mean you sitting on your hands and are late...
Phil,
Thanks so much for your explanation. I was going through the thread last weekend, especially what I have learned from you. Everything is making sense now. The Moth story is significant in this journey.

Sutiv
  • #2,474
  • Dec 10, 2024 10:01am Dec 10, 2024 10:01am
let us see what this may or may not bring, i will move to B/E fairly quickly because if i am correct this should move away quickly and not return to this level now.

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  • #2,475
  • Dec 10, 2024 10:14am Dec 10, 2024 10:14am
update...

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  • #2,476
  • Dec 10, 2024 10:46am Dec 10, 2024 10:46am
update.... like i said, stop to B/E asap.

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  • #2,477
  • Dec 11, 2024 12:54am Dec 11, 2024 12:54am
Hey now....I thought i was clever on this one...seems like every one is doing it nowadays

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Good to see you are still on the ball... and a sharper entry taboot.
  • #2,478
  • Dec 11, 2024 4:40am Dec 11, 2024 4:40am
Quoting dbrown101
Hey now....I thought i was clever on this one...seems like every one is doing it nowadays {image} Good to see you are still on the ball... and a sharper entry taboot.
Hi dbrown,

we both know when price runs that fast desparately toward the two fat ladies (88), then someone is in trouble and has been caught with their pants down.

you look like you made out of that one, whereas i was being greedy, got up late and was stopped out at b/e, nice one my friend, just getting in some prep for now.

Phil.
-be careful about what you allow to be put in your mind-
  • #2,479
  • Dec 11, 2024 8:35am Dec 11, 2024 8:35am
Yes my friend... it looks like someone caught a fish and dragged them deep... or many little fishes
Saw them building the range the night before and was wondering which side would hit... and that big bar gave it away. (swamp story)
i entered in the first bar after the big one and almost got bucked off but luckily the music kept playing (bandwagon story)
I've been wondering... what have these guys been on about in their decade old threads? anything good?
  • #2,480
  • Dec 12, 2024 9:20am Dec 12, 2024 9:20am
Quoting dbrown101
I've been wondering... what have these guys been on about in their decade old threads? anything good?
telling stories, studing AOW and hearing how the MM's/big players actually do their job, playing bingo?, learning how to beat casino for good money management? becoming a cult? (and any other things accussed of over the years), maybe they just like the abuse?? and having a hard/long journey through the narrow gate, or is it the fishing and having to use their minds to survive or learning from a real long servered fx dealer sitting round drinking coffee .
-be careful about what you allow to be put in your mind-
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