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Romancing the Price

  • #281
  • Jun 23, 2011 1:35am Jun 23, 2011 1:35am
Quoting Rufus
Pardon my ignorance... I am trying to get the indi. but having trouble accessing the website to get it. Or to register...

Anyway what did you put here....I don't have my own website
Here you go.
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File Type: mq4 II_SupDem.mq4   29 KB | 2,152 downloads
  • #282
  • Jun 23, 2011 1:36am Jun 23, 2011 1:36am
Quoting honeybhi
Here you go.

Thanks a bunch...Looks to be quite handy
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #283
  • Jun 23, 2011 2:41am Jun 23, 2011 2:41am
I predict we'll be seeing that indi on many charts.

Nice find Verb
  • #284
  • Jun 23, 2011 7:33am Jun 23, 2011 7:33am
@Verb

That was awesome THank you
--Be in the NOW or get lost in time.--
  • #285
  • Jun 23, 2011 1:11pm Jun 23, 2011 1:11pm
Hi theres traders, I want to thank you all for sharing here in this thread.
Expecially to Mr.Kenny Z, Orbital, Myzra, and Ifmyante, who gave an inspirational and a lot of positive contribution in my trade through their post.
You're all best.
for now, I would like to discuss EU pair which I saw there's a good opportnty to go long. I'm a newbie in this trading system, so would you mind to give any comments or corrections to my analysis in order to make good progrees in my underestanding of "indentifying" SnD area.

so here'e it is

http://uploadpic.org/storage/2011/th...UnOGsDCang.jpg

I make my explaination in numbers :
1. there were candles making some ekuilibrium (demand zone)
2. price was rejected at the zone
3. the price was seem so hard to brake the zone before they went higher.
5 and 6. there are also ekuilibrium at 5 but it seems to be eazy to break at 6, so I assume the "lime" area is not a strong supply and demand.
and for now I've bought EU even a little bit too late.
  • #286
  • Jun 23, 2011 2:41pm Jun 23, 2011 2:41pm
Quoting G_B_Shin
I would like to discuss EU pair which I saw there's a good opportnty to go long.
Hi

Nice trade you've got there

I'd look at this trade from the H4 perspective.

It makes complete sense there

I put some simple remarks on the chart. Your target is your own to work out

Best of luck

If
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  • #287
  • Jun 23, 2011 3:25pm Jun 23, 2011 3:25pm
Quoting Ifmyante
Just something to be aware of
This played out again on a 5 min chart. Ignored supply level turns into nice demand. I took a nice 28 pips off of that observation.
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  • #288
  • Jun 23, 2011 4:31pm Jun 23, 2011 4:31pm
Quoting sandpipper
This played out again on a 5 min chart. Ignored supply level turns into nice demand. I took a nice 28 pips off of that observation.
Nice one SP

Caught a few from it myself
  • #289
  • Jun 23, 2011 5:33pm Jun 23, 2011 5:33pm
Quoting Ifmyante
Nice one SP

Caught a few from it myself
Well THANK YOU for pointing it out a few days ago. I wonder what is really going on under the candles. For example in this instance why the sellers weren't where you'd expect, but instead there were buyers? That move coincided with the Grecian austerity news so maybe rookie momentum in this case pushed through the professional stop loses furthering the move. Once the pro money realized what was up, they flip flopped and jumped in long on the pullback. I really have no clue, just guessing and prob wrong.
  • #290
  • Jun 24, 2011 4:23pm Jun 24, 2011 4:23pm
Another HnS setup

These are the makings of a pinbar, are quite common, and offer great R:R

I exited later at the neckline, just before Friday close
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  • #291
  • Edited Jun 26, 2011 2:04am Jun 25, 2011 7:34am | Edited Jun 26, 2011 2:04am
Hey peeps ) why did that happen*?
http://www.shrani.si/f/1V/Nz/2d1LbWN...1-13-42-19.png

THX =) happy pipin' MIKY

EDIT: dynamic spread threw me out Darn it -> 30pips O.o
--Be in the NOW or get lost in time.--
  • #292
  • Jun 26, 2011 7:52am Jun 26, 2011 7:52am
Here is a trade I took tp hit. Reason : price went to supply and formed a big engulfing candle indicating bear power. And almost 99% of the cases that the reason to take a trade. You find a s/d level where a strong move occurred and wait price to show you that that there are more buyers than sellers or vice versa via engulfing candle, pinbar, beob, rejection wicks.. you name it

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  • #293
  • Jun 26, 2011 7:54am Jun 26, 2011 7:54am
You should be patient and wait for a good level. Do not take every s/d level. Second move up was weaker than the first >>> demand may be consumed on the next visit or atleast expect even weaker move up


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  • #294
  • Jun 26, 2011 8:58pm Jun 26, 2011 8:58pm
I will be more active in here in the future trying to help out as i can, also will make more videos once my examinations are over..

If there are any questions feel free to ask i will answer to the best of my knowledge
  • #295
  • Jun 27, 2011 4:15pm Jun 27, 2011 4:15pm
Not sure if some of you guys know Joel Rensink but A.K.A the real thing his name here on ff was in my eyes the best and biggest trader maybe even outhere who posted i recomend to read some of his post..


especially this 1 http://www.forexfactory.com/showthre...799#post205799
  • #296
  • Jun 27, 2011 4:50pm Jun 27, 2011 4:50pm
Hey guys is this compression? Why or why not?
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  • #297
  • Jun 27, 2011 5:46pm Jun 27, 2011 5:46pm
Quoting frankkn
Hey guys is this compression? Why or why not?
Here's the result
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  • #298
  • Jun 27, 2011 5:52pm Jun 27, 2011 5:52pm
I have begun testing smaller timeframes after reading this article from Sam:
http://www.tradingacademy.com/lesson...s20071207.shtm

Rules are not different except the addition of a trade enhancer. I'll post my observations as time and inclination allow.
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  • #299
  • Jun 27, 2011 6:33pm Jun 27, 2011 6:33pm
Quoting frankkn
Here's the result
Hi Frank,
Easy to say now I know after fact but from my point of view that wasn't compresion.I would say more like build up momentum for break up.
You can see price first arrived and consumed some supply which made price move only little bit north (wasn't enough sellers @ this level and second time just price break that level.
I thing compresion is good first time visit that level after some time and price spiked south which means consumed lower demand(clearing way for move down).Anyway this si my interpretation which I use.
Best will from RED,that his pattern and basically his the man.
Try to look on his post with that pattern he explained many time.
Sorry don't have time look for his posts but still if you have qestion I can try over weekend.

FX
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  • #300
  • Jun 27, 2011 6:49pm Jun 27, 2011 6:49pm
Quoting Fxfighter
Hi Frank,
Easy to say now I know after fact but from my point of view that wasn't compresion.I would say more like build up momentum for break up.
You can see price first arrived and consumed some supply which made price move only little bit north (wasn't enough sellers @ this level and second time just price break that level.
I thing compresion is good first time visit that level after some time and price spiked south which means consumed lower demand(clearing way for move down).Anyway this si my interpretation which I use.
Best will from RED,that...

http://www.forexfactory.com/showthre...30#post4484730
Illegitimi non carborundum - Noli pati a scelestis opprimi.
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