Price is everything

took this and take profit hit

i'm short looking for 9525 level

QM, or PB with RT

took this and made +17

well took EJ again as we formed a nice spring at demand area ..
where i was previously stopped out (BE)

stop allready @ BE

false breakout trading for some quick pips

Or even more pips

Double top confirmed by RSi and volumes divergence, like RED says, price thinks ahead of time.

looking pretty good but crude volatility is so violent . Might just eat my sl at +1 anytime

Closed some earlier, closing all now, good enough for 2 hours of work ! That was compression into supply 101.

EDIT : TG hit.

Boys and girls . Be ready for a POTENTIAL major kiwi swing if h4 closes below red line.


If this works as planned ..these are the target areas.

Great thread. So many posts. Keep it up buddies Hopefully it will

Dear fellow traders,

I've just come back home after a few weeks and I finally got a hand on my personnal trading computer. I cannot post as much as before cause I cannot trade at work any more, and I had to resign and find another job in Switzerland, where I will be free to trade better.

I posted a few crude trades recently, taken on MT4 with almost no indies, but I thought that it would be good to show with a chart what engulfings mean. You certainly have been watching all red's charts for a long time to understand what trading is. You can have a look at all charts, still, while the best of us is not here, I felt it could be useful to remind you one of the sentences that changed my whole approach on trading. THERE IS NO MOVEMENT UP OR DOWN WITHOUT ENGULFING. And thos engulfings remain the key levels to watch. If you are able to understand these words, you got the freaking holy grail.

I am not available to explain any of this by PM, if you are willing to get better at trading, and that you can show it on this thread while respecting its rules, maybe you can be rewarded with a lot of fun one day while making hundreds of pips.

As RED taught me that traders help traders, I am uploading here a very stupid indy that someone had the kindness to develop a bit further for me, and which helps me identifying demand and supply areas, aka engulfings, sparing me with the boring search for them.

I hope you will like it, if some coders are reading this, please add alert to it, improve it, and then, we might have to shut FF down cause we'll be kicked out for making too many pips.

As always, please enjoy your trades, if you don't, your money management is not good, and you're worrying because of your lack of discipline. There is no grail, only engulfings.

Keep well all, and RED, THANK YOU FOREVER MY FRIEND, AND GOD BLESS YOU, WHEREVER YOU ARE.

PS1 : Dear Ken, as too many people are too lazy to go to the teaching thread, I had to post this here, sorry.
PS2 : Kenny machine, please duplicate this into the teaching thread. Thanks a lot.
PS3 : I I get any PM regarding this, instead of questions in the learning thread, I will send ORBITAL to get your ass, and God, I'm telling you, YOU DO NOT WANT TO BE HUMILIATED IN FRONT OF THE PEOPLE READING THE FASTEST GROWING THREAD ON FF.
PS4 : before i'm asked any question, engulfing are not outside bars, just ask yourself why RED often looks at candles without wicks.
PS5 : now some of you who did not understand my last short crude trade target can clearly see it, can't you ?

Exams running all week and im a bit exhausted, only noteable trade today worth posting because of the setup:



The term barbed wire setup usually refers to a lot more candle wicks and doji bars in a row but the constellation building up the flag was worth the mention.

EDIT:

Good to have you back michael

thanks for taking the time to make your post emene. much appreciated. i think i had it confused myself so im glad you pointed it out. i guess i thought outside bars did kind of mean englufing. i the sense the completely covered/absorbed all of the previous candles open and close.

silver had few nice moves today within the basics of s&d pa...

did few scalping of gold today..

first chart is more interesting.. i bought it at demand zone, even though it was hit many times.. see yellow rectangle.. that told me here are still some big buyers at this level..

fun with eu....

fun with dax...

fun with crude oil...

this was a good earner as a single trade.. it gave 173p..

i think this is enough of me..

have many good ones guys....................