Two questions if you don't mind, first one is on the chart, second one is how to identify liquidity?
Looking at your chart, is it indicated by larger candles or do you use time of day for that?
Thanks
Thomas
Fozzy Chat Room 7 replies
Dislikedsecond one is how to identify liquidity?
Looking at your chart, is it indicated by larger candles or do you use time of day for that?Ignored
DislikedSometimes it's hard for me to found proper place of TP. Please, look on pic for comments. ThanksIgnored
DislikedIfmyante, i'm learning your method to find a point of decesion to break S/D zone on LTF. Please, look if i did it correctly. ThanksIgnored
DislikedIfmyante, please comment my post http://www.forexfactory.com/showthread.php?p=5548651#post5548651Ignored
DislikedSo, the next assignment is CP
Set up a subfolder for CP Homework and get into the charts
Find at least 20 CP setups, at HTF S/D zones, and explain what you see on each chart
http://www.forexfactory.com/attachme...5&d=1320718793
Also chart the HTF where the CP occurred
http://www.forexfactory.com/attachme...6&d=1320718793
While you're looking for CP, take the time to find at least 20 CP&L (Liquidity) too
If you're not used to these, you can get stopped out of some...Ignored
DislikedDefinitly my fault, but i still don't understand exactly what compression is.
I'am reading the red stuff here (https://sites.google.com/site/rtp505/home/articles/price-compression) here and in the romancing the price treadh; we are talking, if i am reading correct, about an rising/descending triangle that spikes south [if the wedge is a rising] or north [descending wedge] "consuming itself" directly into supply or demand zones.. but i could't see it in your chart.Ignored
DislikedThe best think that i can do is put my head into the chart, 20 example of this are hiding somewhare.
tnks for the time that you are spending here and enjoy your holiday.Ignored