Attachments: Dance of the wick

Dance of the wick

#221
Jun 12, 5:44am (6 hr ago) Jun 12, 5:44am (6 hr ago)

jonp7777
| Joined Aug 2019 | Status: Trader | 10 Posts

Took this and it moved so quickly I took profit before the screenshot!

I'm finding I sometimes need a stop loss a little wider than 30 pips. Also moving to B/E at +11 (any reason why 11.2?...) means quite a lot of B/Es.

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#222
Jun 12, 5:47am (6 hr ago) Jun 12, 5:47am (6 hr ago)

Gleam
Joined Mar 2016 | Status: Trader | 514 Posts

During the time I was away from the screen, the runner flew to the moon.. R:R 1:11 is more then enough for me. 1:20 would already be too much

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#223
Jun 12, 5:51am (6 hr ago) Jun 12, 5:51am (6 hr ago)

ghbdr
Joined Jan 2018 | Status: Trader | 2,893 Posts

Quoting mrPB

Disliked

{quote} nice sells up there mate. market was waiting for me to stop shorting the new highs before they dropped it

Ignored

Im glad you did

Trade what you see

#224
Jun 12, 5:58am (6 hr ago) Jun 12, 5:58am (6 hr ago)

ghbdr
Joined Jan 2018 | Status: Trader | 2,893 Posts

talkin about wicks dont forget the big picture M1 folks

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Trade what you see

#225
Jun 12, 6:06am (5 hr ago) Jun 12, 6:06am (5 hr ago)

ghbdr
Joined Jan 2018 | Status: Trader | 2,893 Posts

apples fallin from the tree. If the wicks are easy to spot outside the nosie of price action and structure is a good thing

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Trade what you see

#226
Jun 12, 6:42am (5 hr ago) Jun 12, 6:42am (5 hr ago)

ghbdr
Joined Jan 2018 | Status: Trader | 2,893 Posts

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#227
Jun 12, 7:54am (4 hr ago) Jun 12, 7:54am (4 hr ago)

ghbdr
Joined Jan 2018 | Status: Trader | 2,893 Posts

Quoting jonp7777

Disliked

Took this and it moved so quickly I took profit before the screenshot! I'm finding I sometimes need a stop loss a little wider than 30 pips. Also moving to B/E at +11 (any reason why 11.2?...) means quite a lot of B/Es. {image}

Ignored

11.2 is so easy to collect. You spot a wicky zone and some M1 wicky candles and you get paid. I know 11.2 pips at 0.01 lots means nothing but you have to think bigger and create habits so when you start trading bigger numbers you have the procedure burned in your brain so you can do it without hesitation. At 10-100 lots you can have a nice life paid by those BE+1

Trade what you see

#228
Jun 12, 8:06am (3 hr ago) Jun 12, 8:06am (3 hr ago)

TooSlow
Joined Mar 2012 | Status: Trader | 14,346 Posts

There wasn't a PDF explaining the teachings of the OP in the attachments.

Hope no one takes offense. I asked an AI to read this thread https://www.forexfactory.com/thread/...ce-of-the-wick and distill the teachings of ghbdr

Cheers!

Attached File(s)

Dance of the wick.pdf 77 KB | 53 downloads

My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade

#229
Jun 12, 8:14am (3 hr ago) Jun 12, 8:14am (3 hr ago)

ghbdr
Joined Jan 2018 | Status: Trader | 2,893 Posts

Quoting TooSlow

Disliked

There wasn't a PDF explaining the teachings of the OP in the attachments. Hope no one takes offense. I asked an AI to read this thread https://www.forexfactory.com/thread/...ce-of-the-wick and distill the teachings of ghbdr Cheers! {file}

Ignored

My God the AI. Its ok mate. The AI doesnt bother me. No algorithm can do what is discussed here. Its like music. Use Suno to make a shitty song and then listen to Coltrane's "A love supreme" to feel the difference. Fuck the algo. The imperfection, improvisation or ability to adapt to chaos. Dont think will be coded

Trade what you see