Trading with Deadly Accuracy

Both levels should do a decent job of providing resistance, meaning price should bounce off the levels.

The first part of learning is being able to find a line or level where you expect something to happen which is tradable. Something which is clear and provides a well defined risk.

However, the question is, "How much should you expect price to move away from the level"? Would you expect a pullback? Would you expect a reversal? etc.

You start building more on top and you can then become a bit more choosy about which ones to trade, which ones to leave alone. That is not a problem, because all a sudden more opportunties start appearing under your nose you never noticed before, so you can be more selective.

Sorry, I have not answered the question, but it's a little beyond what I have seen Will go over in the thread, so I am not sure how much more I should say at this time.

d

end of week follow up on gold

d

gota luv nfp

Simple is best. There is and should be an order in and to all things. The experience of Will is priceless and seeps into his students.

> short opportunity

and look for the origin of the move.

And have a bias.

Not sure if u r still around heeby, but you can see why they pin did not temp me into a short on yen, but rather an opportunity for a pullback to get long and moved as expected (as per my previous posts)

d

3 lines, 3 breaks, 3 trades



3 for 3 with WMD!

Hey daz,

Yes still lurking around. Have been having some respectable gains, and have seen my trading increase quite significantly over the last few weeks so thats why I haven't been posting too much, accept on the james16 thread.

Yes I would not take it either. With such a strong uptrend that pin is insignificant, and I do not really trade against the trend (anymore!) This very small rule is one that has taken my trading to the next level.

However, I really enjoy this thread, and your thoughts in particular Darren, so I shall try to pop in more.

This is a pin that interest me, although Im not 100% sold, would like it to finish out the day slightly more bullish.
Its with the trend, a nice big round number (83.0000) and a lot of space above.
A "B" trade in my books.

Hope the pips have been plenty D,

Very tempting setup, breakout is at 1.3100

Just my 2 cents worth.....if you were looking to get long @ 1.3100 seeing as that was the origin of the breakout it doesnt always get there.
U can also look to get long off the top or bottom of the hook.
Ive had this pointed to out to me by both Will and Darren and Ive noticed the top and bottom of the hook form a zone and tend to hold.
I missed out on this one.

Thanks mate, will keep an eye on this in the future, conincidently there was a nice Pin (although smallish) on the 5 min (+ small pin on 15) that would have been a nice entry.

Another hook showing how important it is to keep watching the level. Caught the initial move down with initial target hit, but remainder at BE. Should have kept a closer eye on it to catch second and more important third move .

Will, your videos are fantastic. Thank you very much. I will re-watch and take notes.

As for setups. I see a few on cable and fiber.

All the best.

..

Truly deadly WMD trading method!



*) Weapon of Mass Destruction

Dazzdude, amazing how price move.

From earlier post,
http://www.forexfactory.com/showthre...61#post5444061

20 days later.

Thanks Will.

It is. This was the first post.

kiwi

d

dazz man, what analysis do you have for GU? I have mine.. just curious what you see.

I am sentimentally bullish.. looking for longs.