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Close Price VS Median Price (or other price types) 33 replies

House price data price action 1 reply

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differences between chart price and trading price 2 replies

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  • #101
  • Jun 14, 2011 2:02am Jun 14, 2011 2:02am
Let's see some RM.
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  • #102
  • Jun 14, 2011 3:30pm Jun 14, 2011 3:30pm
A good identification of S/R levels + buyers/sellers with the trend are always the ingredients for a profitable trade.

This is a good exemple:
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  • #103
  • Jun 14, 2011 4:14pm Jun 14, 2011 4:14pm
Here's some chart!
CADCHF, on M the trend is down, we have a PB(H) close to S 0,8682 which tell me that sellers are loosing momentum and a long tail near S 0,8456 where buyers are pushing them back.


http://img829.imageshack.us/img829/7332/cadchafm.gif

In W the trend is down, we notice the last bear candle closing near the M S, the next one [PB(IB)] closing above the W S 0,8522 and the last one closing under W R 0,8736. We may see how buyers are pushing P up while sellers are defending the level.

http://img16.imageshack.us/img16/3148/cadchafw.gif

So lets check D, we see the last bear candle as IPB(IH) and the next one closing as BUOB or DBLHC if you prefer, i don't want to go CT so i'll wait for the next P move. Maybe a RET on the M R?

http://img263.imageshack.us/img263/1007/cadchafd.gif
  • #104
  • Jun 14, 2011 5:34pm Jun 14, 2011 5:34pm
Where did you get that 0.8456 level from? I see no M swings hitting that.
Also, I am not sure about the "IB that closes like an IPB" on W. I just see sellers trying to bring P down like in the candles before but losing.
  • #105
  • Jun 15, 2011 4:26am Jun 15, 2011 4:26am
[quote=Nino;4691486]
Quote
CADCHF, on M the trend is down, we have a PB(H) close to S 0,8682
You have to wait ALWAYS the close of the candle.You don't have yet a PB (H),we will see after the candle is closed.
We are taking trading decisions only after the candle's close M/W/D!

Every buy on cadchf wuold be a CT at this moment and what we are seeing now is only a sellers's taking profit.

Well done!

Can you put some RMs ?
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  • #106
  • Jun 15, 2011 8:25am Jun 15, 2011 8:25am
Quoting dfumagalli
Where did you get that 0.8456 level from? I see no M swings hitting that.
Also, I am not sure about the "IB that closes like an IPB" on W. I just see sellers trying to bring P down like in the candles before but losing.
Thanks for your observation, now i am not sure about the "IB that closes like an IPB" on W too, here's where i got the level (there are some RM):

http://img90.imageshack.us/img90/7729/cadchafml.gif
  • #107
  • Jun 15, 2011 8:37am Jun 15, 2011 8:37am
[quote=fxgroup;4693118]
Quoting Nino
Can you put some RMs ?
Of course, on CADCHF i see RM everywhere!
that's the M one.

http://img33.imageshack.us/img33/7194/cadchafmrm.gif

In W there's a new little RM, on M it's the big Doji 2010/07/01.

http://img707.imageshack.us/img707/2605/cadchafwrm.gif

D chart with M RMs and W RM.

http://img137.imageshack.us/img137/8916/cadchafdrm.gif
  • #108
  • Jun 15, 2011 8:41am Jun 15, 2011 8:41am
[quote=Nino;4694018]
Quote
(there are some RM):

The RM is a P's consolidation between a S and R (static/dynamic) and it's limits are gaved by the the PA candles what form the highest and the lowest swings.

Take a look of my red RM and see the difference.

Note at the second RM, where the P did RET after it get out of RM.
Attached Image
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  • #109
  • Jun 15, 2011 8:51am Jun 15, 2011 8:51am
We talked about cadchf...there is a post I've made on 17 mar 2011.
Look at the price ...now...is it something special? Not at all...just the price!
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  • #110
  • Jun 15, 2011 10:25am Jun 15, 2011 10:25am
[quote=fxgroup;4686591][quote=fusiontrader;4686337]

Quote
Oil is in an up trend and a very strong one.

98.13 is a very strong level on my data on all TF.

W are consolidating, the sellers pressure met the trend force and I don't think that would you like to be caught in the middle of this battle.
The safetest entry would be to wait the battle end in order to see who have the controll and than to go with it.

The RM is the fase where the market stay the most part of its time, it is also the fase when most fo the traders are loosing. For those who don't know very...

Do you remember this post? It wasn't so far away !

If your curiosity pushed you to take a look to oil chart, you certainly saw something very interesting....Just look where today candle make the RET after closing above the level with a 2DPB.

How did I know this ? Very simple...I just read the PRICE and I saw where the buyers are! I did not use indicators,EA,dreams,etc...just a simple naked chart!

It is not so difficult, put some charts, we will talk each other and after a while you could do it by yourself!
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  • #111
  • Jun 15, 2011 3:20pm Jun 15, 2011 3:20pm
It's time for MM!
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  • #112
  • Jun 17, 2011 12:33pm Jun 17, 2011 12:33pm
I don't understand the first MM level, i have checked M W D but probably i'm too blinded... may you explain?
  • #113
  • Jun 17, 2011 2:30pm Jun 17, 2011 2:30pm
[quote=Nino;4703078]
Quote
I don't understand the first MM level, i have checked M W D but probably i'm too blinded... may you explain?

It's right there on the chart,look to the left!

The best reason to make MM is the Price itself. On 06.16 when I sow the sellers (PB) I just simply closed the trade.
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  • #114
  • Jun 17, 2011 2:38pm Jun 17, 2011 2:38pm
Quoting fxgroup
These are my MM levels.

Are somebody there to tell me why did I made this trade!
Did you follow this pair with these levels? Take a look know and you will see that these levels are really important.
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  • #115
  • Jun 17, 2011 2:40pm Jun 17, 2011 2:40pm
Google up date.

I'm looking for this.
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  • #116
  • Jun 19, 2011 11:26am Jun 19, 2011 11:26am
On my radar...with the trend !
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  • #117
  • Jun 19, 2011 4:16pm Jun 19, 2011 4:16pm
If you are not yet convinced that the close/open are important...take a look at this !
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  • #118
  • Jun 19, 2011 4:26pm Jun 19, 2011 4:26pm
LOL. Do you know some EAs that could trade this ? Thanks.
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  • #119
  • Jun 20, 2011 3:03am Jun 20, 2011 3:03am
A nice RM with a very important median level. If the P closes bellow, I'll wait the sellers's confirmation till the RM's down limit @ S level.
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  • #120
  • Jun 20, 2011 3:34am Jun 20, 2011 3:34am
I put many charts with RM for a very good reason. The RM is the most important P's fase for its evolution. The RM is the most complex and the most difficult to trade, but understanding WPD+WPG, with patience, a goog plan and strictly rules, RM could become very profitable. The RM requires also a different mentality and MM.
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