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  • #2,741
  • May 22, 2012 3:35am May 22, 2012 3:35am
Quoting Ifmyante
My dream trade on Platinum

and yes, it's a QM
And did I catch it???

Well, it's compressed up, so there may be another great entry

Will definitely monitor this
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  • #2,742
  • May 22, 2012 3:50am May 22, 2012 3:50am
Quoting Ifmyante
And did I catch it???

Well, it's compressed up, so there may be another great entry

Will definitely monitor this
That's unbelievable...Bravo
  • #2,743
  • May 22, 2012 3:58am May 22, 2012 3:58am
Quoting Rsherl01
That's unbelievable...Bravo
No Bravo. I had over a month to prepare for the trade and still missed it.

I truly am a muppet
  • #2,744
  • May 22, 2012 4:07am May 22, 2012 4:07am
Quoting Ifmyante
I had over a month to prepare for the trade and still missed it.
What happened? Lack of proper entry? (I do not have platinum on my platform)
W Szczebrzeszynie chrząszcz brzmi w trzcinie
  • #2,745
  • May 22, 2012 4:11am May 22, 2012 4:11am
Quoting kruger
What happened? Lack of proper entry? (I do not have platinum on my platform)
Was just busy trading the usual suspects
  • #2,746
  • May 22, 2012 4:18am May 22, 2012 4:18am
Quoting Ifmyante
Was just busy trading the usual suspects
This could upset. I hope that it will succeed - it would be nice to watch progress and management in longer term trade because I have problems with that.
BTW, If, or anybody, can you remember whether you post some swing or longer term trades?. (in terms of management)
W Szczebrzeszynie chrząszcz brzmi w trzcinie
  • #2,747
  • May 22, 2012 4:38am May 22, 2012 4:38am
Quoting Ifmyante
No Bravo. I had over a month to prepare for the trade and still missed it.

I truly am a muppet
It may still be back so not all is lost. Bearish engulfing on the daily at present which seems to have been halted at 1hr Supply so we may get further into that level yet!
  • #2,748
  • May 22, 2012 4:51am May 22, 2012 4:51am
Quoting Rsherl01
It may still be back so not all is lost. Bearish engulfing on the daily at present which seems to have been halted at 1hr Supply so we may get further into that level yet!
Yup. There are some great spots down there
  • #2,749
  • May 22, 2012 4:53am May 22, 2012 4:53am
Good morning traders,

What a beautiful day today... The sun is shining and feels so good lol.

I have been looking at the charts for quite some time now and the more I look at them in order to find high probabilty setups, the more I become very "picky" about my levels... The number 1 question, I ask myself is: Where do you see a fresh level? (I am looking at them on all the TF).

Of course in order to find a fresh level, you first have to know what "A Fresh Level" looks like, right?... For me a fresh level, structure wise looks like a base composed by a few candles, that has been broken either up or down (Of course it has to remain untested , otherwise it's not fresh anymore).
The break of it would preferably happen in a strong fashion. If this happens then we found a proof that price was out of balance at the time.

But now...... :-)
I really chalenge you to go and look at your charts and find a FRESH LEVEL that does meets the above criteria.
I have yet challenged myself to find the best one I could find. The truth is that when you go look at your chart to make your analysis, you can very easily find a supply or demand zone, especially if you do have a "trained eye" but very often you'll see that the zone has already been tested. So the zone is not fresh anymore.
So I kept looking at the charts to find a fresh level and what I conclude is that (at least for me) a fresh zone is a:

-previous supply zone that has been broken to the upside that now becomes demand or a
-previous demand zone that has been broken to the downside that now becomes supply

Those remain "Fresh" until they got retested for the 1st time

This is just something that was a HUGE discovery to me at the time,I just wanted to share it with you...

Have a nice day,
Mel
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  • #2,750
  • May 22, 2012 5:13am May 22, 2012 5:13am
Quoting @mel
Good morning traders,

What a beautiful day today... The sun is shining and feels so good lol.

I have been looking at the charts for quite some time now and the more I look at them in order to find high probabilty setups, the more I become very "picky" about my levels... The number 1 question, I ask myself is: Where do you see a fresh level? (I am looking at them on all the TF).

Of course in order to find a fresh level, you first have to know what "A Fresh Level" looks like, right?... For me a fresh level, structure wise looks like a...
Thanks Mel

It's great you posted a EUREKA moment

We love to see them!
  • #2,751
  • May 22, 2012 5:49am May 22, 2012 5:49am
This is the best PDF lesson by Sam Seiden, it's recommended for begginners. Hope it's useful for any who's interested.

(http://www.general-files.com/download/gs4e02f166hfi0/Sam%20Seiden's%20Lesson%20%231%20slides%20.pdf.html)

Cheers,
Sniffing Snake's Tracks...
  • #2,752
  • May 22, 2012 7:19am May 22, 2012 7:19am
good morning!
i missed london open....oh well,lets see what ny has for us.
first trade on euro.
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  • #2,753
  • Edited 9:59am May 22, 2012 7:19am | Edited 9:59am
Speaking of pdf, here is the first stable version of the first [hopefully not the last] issue of the red flag publishing; as you all know is about Compression.

major update: page of credit and resources[good link for newcomer on that page]/ new clean and helpful charts [hometrading]/ study on bc by tyoon.

probably i will add more in the future, but is a good start for a newcomer that wonna learn what is cp and how use it.

i you have ideas, charts that you think can be helpful, suggestion, or you find some bugs fell free to pm me.

ps: don't thank me, thank people who have made the charts and have spent time to teach you, i just put their work in a nice bag.

EDIT: SEEMS THAT ff DON'LIKE MY DOCUMENTS, IF Y HAVE PROBLEM WHIT THE LINKS INSIDE THE DOCUMENT DOWNLOAD THE PDF FROM HERE : LINK (https://rapidshare.com/files/1673509865/Compression.pdf)
Attached File(s)
File Type: pdf Compression.pdf   6.2 MB | 5,051 downloads
Sometime the horizon disappear. Twitter: @_whiteout
  • #2,754
  • Edited 7:54am May 22, 2012 7:30am | Edited 7:54am
closed half position at white box(it was untested demand and i wasnt sure if it will make price bounce.now i wanna see this bearish flag brks to the downside or ill take my profit.

edit:out for +36.
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  • #2,755
  • May 22, 2012 7:39am May 22, 2012 7:39am
Quoting whiteout
Speaking of pdf, here is the first stable version of the first [hopefully not the last] issue of the red flag publishing; as you all know is about Compression.

major update: page of credit and resources[good link for newcomer on that page]/ new clean and helpful charts [hometrading]/ study on bc by tyoon.

probably i will add more in the future, but is a good start for a newcomer that wonna learn what is cp and how use it.

i you have ideas, charts that you think can be helpful, suggestion, or you find some bugs fell free...

WHiteout,

This file could not open as was damaged and could not be repaired. Can you upload again please. Sorry for the hassle and thanks for taking the time to compile.
  • #2,756
  • May 22, 2012 7:40am May 22, 2012 7:40am
Quoting whiteout
Speaking of pdf, here is the first stable version of the first [hopefully not the last] issue of the red flag publishing; as you all know is about Compression.

major update: page of credit and resources[good link for newcomer on that page]/ new clean and helpful charts [hometrading]/ study on bc by tyoon.

probably i will add more in the future, but is a good start for a newcomer that wonna learn what is cp and how use it.

i you have ideas, charts that you think can be helpful, suggestion, or you find some bugs fell...

Hi Whiteout!
Very nice work here. Thank you!
  • #2,757
  • May 22, 2012 7:50am May 22, 2012 7:50am
Quoting Rsherl01
WHiteout,

This file could not open as was damaged and could not be repaired. Can you upload again please. Sorry for the hassle and thanks for taking the time to compile.
No prob mate; but i have downloaded and seems working.
if you have some message like this one, try to skip them [first] then if don't work download the latest update of adobe reader.
tell me if you have other problem.
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Sometime the horizon disappear. Twitter: @_whiteout
  • #2,758
  • May 22, 2012 7:53am May 22, 2012 7:53am
Quoting whiteout
Speaking of pdf, here is the first stable version of the first [hopefully not the last] issue of the red flag publishing; as you all know is about Compression.
Nice work. Not just saying that because a few of my charts are in there

Is very well presented and looks great.
  • #2,759
  • May 22, 2012 8:02am May 22, 2012 8:02am
Got it. Have just had a quick scan but looks excellent.
Many thanks again.
  • #2,760
  • May 22, 2012 8:10am May 22, 2012 8:10am
Cheeky plug:

You can download it from here http://www.acegazette.com/compression.html

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