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Price is Everything Chat Room

  • #501
  • Oct 11, 2011 8:05am Oct 11, 2011 8:05am
short
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  • #502
  • Oct 11, 2011 11:40am Oct 11, 2011 11:40am
nice range but im hoping this will break south
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  • #503
  • Oct 11, 2011 1:52pm Oct 11, 2011 1:52pm
Hello dear traders,

I've not been posting for quite a long time for personal matters, but as I was talking to a dear felloy trader tonight, I thought I would post something that could empower you in the sense that the video I am posting now is a very very very important resource to understand what we do here in PIE in a different way.

When I first posted here, I talked a lot about gaps and price inefficiencies. Those are not the gaps everyone is talking about on Sunday evenings. Those gaps are what we here call poles (of flags).

So here is smething you want to bookmark and study. This is exactly what we do but with different words, and this could well help some of you who are struggling to take the concept of supply and demand further.

I hope this will help you, keep well all.

http://vimeo.com/26338496

PS : while you're at it, you can watch the other ones, especially the "quasi" one, it will make Ifmyante happy.
__________________
Hello.
  • #504
  • Oct 11, 2011 5:33pm Oct 11, 2011 5:33pm
What more can i say ? That was a great link and im sure it will help my trading. Thanks again Emene
  • #505
  • Oct 11, 2011 6:07pm Oct 11, 2011 6:07pm
Quoting aligater
@xman
there is nothing to be learned from a bad trade ,,,,,,
if you stil wanna learn how to loose you can go to Eur Usd thread ,,,,plenty bad trades that you can learn there how to lose


GL
aligater
They're definitely are things to learn from losing trades. Afterall its not all rainbows... page after page of hundreds of pips. Or is it...

It's lose not loose.
  • #506
  • Oct 12, 2011 6:34am Oct 12, 2011 6:34am
Good start....hopefully
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  • #507
  • Oct 12, 2011 9:17am Oct 12, 2011 9:17am
Here is a chart that could not illustrate better the content of the video I posted yesterday. Hope you can see how obvious it can become when you are used to discern the price flow.

Big reaction that shows strong demand, and resumed at 78.6 pullback in demand.
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Hello.
  • #508
  • Oct 12, 2011 2:41pm Oct 12, 2011 2:41pm
Quoting firstaid
Good start....hopefully
hi firstaid, can i ask you how do u make the chaos sefamor transparent such that the wicks would not be covered up by the indicator? have a look at mine, i tried changing the color parameters but it does not solve the problem.. thanks in advance.. nice trades btw
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  • #509
  • Oct 12, 2011 6:43pm Oct 12, 2011 6:43pm
Right click on chart > properties > common > select chart on foreground.
Good Trading
  • #510
  • Oct 12, 2011 7:18pm Oct 12, 2011 7:18pm
Quoting emene
Hello dear traders,
~~
I hope this will help you, keep well all.

http://vimeo.com/26338496
Thanks for the link emene. Trust the personal matters have not kept you from trading.
Good Trading
  • #511
  • Oct 12, 2011 8:30pm Oct 12, 2011 8:30pm
if u know what you are doing and learned how to trade, then you'll only get loosing trades:

1. when u do stupid things
or
2. some big money starts to sell into demand or buy supply..

that's all there is to know about losing trades beside the events happening beyond our control which may cause a loss such as earthquake that destroys infrastructure and so on..

as we are human we have to do stupid things to prove that we are human..

like the other trader said, go to eu thread and see what u can learn there..

i don't operate a support group.. unfortunately, i don't know any support group for consistently losing traders to recommend...

ps/ i don't post all my trades.. not enough time and inclination.. if i say when i trade full time my daily positive pip count is 1000+ you'll have difficulty of believing..


Quoting Deusomega
They're definitely are things to learn from losing trades. Afterall its not all rainbows... page after page of hundreds of pips. Or is it...

It's lose not loose.
  • #512
  • Oct 12, 2011 8:59pm Oct 12, 2011 8:59pm
Quoting KennyZ
~~
ps/ i don't post all my trades.. not enough time and inclination.. if i say when i trade full time my daily positive pip count is 1000+ you'll have difficulty of believing..
I think anyone following your posts since the beginning in Reds thread, would have no trouble believing. May even suggest youre being a bit conservative there (But that's none of my business.) And congratulations.

I have always had a bit of trouble relating your charts to Reds. Plus when the time is right I assume you through the entries out there and with deep stops.

The link to the video that emene posted has helped join the dots somewhat.
Good Trading
  • #513
  • Oct 13, 2011 11:19am Oct 13, 2011 11:19am
hi guys. not posting as frequently, bz with others things(im shy too lol), but definitely still reading pie, rtp and trading my trading has improved leaps and bounds since started studying the thread... thx kenny for continuously popping in and post charts in rtp, and of course emene, if, bbaker and co... it helped me tremendously in analysing my mistakes and spot potential trades which i failed to take notice of....

here is my current oil trade.. scaled out some already...

hope everyone is fine and healthy...
do take care my friends
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  • #514
  • Oct 13, 2011 1:03pm Oct 13, 2011 1:03pm
Very good one. We enjoyed it too Keep it up buddy.

Quoting dboywholived
hi guys. not posting as frequently, bz with others things(im shy too lol), but definitely still reading pie, rtp and trading my trading has improved leaps and bounds since started studying the thread... thx kenny for continuously popping in and post charts in rtp, and of course emene, if, bbaker and co... it helped me tremendously in analysing my mistakes and spot potential trades which i failed to take notice of....

here is my current oil trade.. scaled out some already...

hope everyone is fine and healthy...
do take care my friends...
Hello.
  • #515
  • Oct 13, 2011 1:25pm Oct 13, 2011 1:25pm
Quoting KennyZ
if u know what you are doing and learned how to trade, then you'll only get loosing trades:

1. when u do stupid things
OBV yes i do and i will do again because im new to this!
And when i review my loosing trade i can clearly say:

"Men you're so stupid what are you doing,it's not a game,it's business!!!!"

I loose a lot because :

-i dont follow my plan
-i have drunk before trading which cause me a 50% loose of my total account
-i've made exactly the same thing of last time i drunk because a HPT trade turn into looser trade!


Now im ok(i hope cuz the devil maybe will come back) if it's not the plan, i pass the trade!!!!
  • #516
  • Oct 13, 2011 2:24pm Oct 13, 2011 2:24pm
Quoting KennyZ
if u know what you are doing and learned how to trade, then you'll only get loosing trades:

1. when u do stupid things

as we are human we have to do stupid things to prove that we are human..

like the other trader said, go to eu thread and see what u can learn there..
So basically you agree with me that they're are things to be learned from bad trades?

Otherwise it would be impossible to classify when someone is doing something stupid.

Good to see we are on the same page, I agree.

And I'm not trolling honestly, once again it's losing. No tension force present.
  • #517
  • Oct 14, 2011 8:49am Oct 14, 2011 8:49am
At the time, when If posted this video, the only thing I took from it was learning about the feature in mt4 he is explaining.

Well, I re watched this a few days ago and it was only then that I took in the complete gold he is sharing with us here.

Find a level on m15, h1, h4 etc....then drill down to m1 and find the strongest flag pole then see if the level has been respected in other areas in the higher time frames. If done correctly, you can pinpoint the turn to within a few pips.

Low/No drawdown, high RR, no stress

Thanks If!

http://www.forexfactory.com/showthread.php?p=4920065#post4920065

p.s. here is one using said technique...
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  • #518
  • Oct 14, 2011 8:50am Oct 14, 2011 8:50am
Haha. You got it. You must feel pretty good right now don't you ?



Quoting Ultimatus
At the time, when If posted this video, the only thing I took from it was learning about the feature in mt4 he is explaining.

Well, I re watched this a few days ago and it was only then that I took in the complete gold he is sharing with us here.

Find a level on m15, h1, h4 etc....then drill down to m1 and find the strongest flag pole then see if the level has been respected in other areas in the higher time frames. If done correctly, you can pinpoint the turn to within a few pips.

Low/No drawdown, high RR, no stress

Thanks If!

http://www.forexfactory.com/showthread.php?p=4920065#post4920065

p.s....
Hello.
  • #519
  • Oct 14, 2011 8:52am Oct 14, 2011 8:52am
Quoting emene
Haha. You got it. You must feel pretty good right now don't you ?

Yes I do love it when a plan comes together! haha
  • #520
  • Oct 14, 2011 12:36pm Oct 14, 2011 12:36pm
Have a great week end everyone

http://www.youtube.com/watch?feature=player_embedded&v=mTTwcCVajAc#!
Hello.
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