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  • #3,901
  • Jul 3, 2012 4:27am Jul 3, 2012 4:27am
Quoting daveone
can someone please explain the importance of sfp to me?
Dave, I found this on Ghous's blog but I think this might have been written by Tom (the_wizard).

http://www.ghousfx.blogspot.co.uk/p/newbies.html

Read under 'Introduction to the Fake Out' for an explanation of what an SFP is and what creates it.
Attached Image (click to enlarge)
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  • #3,902
  • Jul 3, 2012 4:30am Jul 3, 2012 4:30am
Quoting daveone
can someone please explain the importance of sfp to me?
please read the thread from the beginning and watch the webinar:

http://www.trader-dante.com/webinars.html

  • #3,903
  • Jul 3, 2012 11:37am Jul 3, 2012 11:37am
Hey everyone,

I've seen quite a few great SFP trades on here.

I launched a little competition for fun on Twitter; the best R between now and Friday on an H1 SFP trade is going to win a hardcover copy of Schwager's "Hedge Fund Market Wizards" Book.

See my Twitter for full details ;-)
  • #3,904
  • Edited 11:45am Jul 3, 2012 11:44am | Edited 11:45am
Quoting the_wizard
Hey everyone,

I've seen quite a few great SFP trades on here.

I launched a little competition for fun on Twitter; the best R between now and Friday on an H1 SFP trade is going to win a hardcover copy of Schwager's "Hedge Fund Market Wizards" Book.

See my Twitter for full details ;-)
thats a magic wizard idea
  • #3,905
  • Jul 4, 2012 2:01am Jul 4, 2012 2:01am
will silver make the right move ??

watch out area of 28.00
Attached Image (click to enlarge)
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  • #3,906
  • Jul 4, 2012 4:00am Jul 4, 2012 4:00am
gold - like silve on the same way
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  • #3,907
  • Jul 4, 2012 4:05am Jul 4, 2012 4:05am
Two nice areas of interest on the EURUSD. A buy order is already sat there waiting on 1.2524
Attached Image (click to enlarge)
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  • #3,908
  • Jul 4, 2012 7:00am Jul 4, 2012 7:00am
natgas on the pullback to the level
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  • #3,909
  • Edited 7:43am Jul 4, 2012 7:22am | Edited 7:43am
Quoting astock
gold - like silve on the same way
Looks good this fella. Bit of PPZ history and price went cleanly through without even a butt kiss. Might stick a cheeky buy limit on there myself.

Although I see two areas that price could potentially bounce off.
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  • #3,910
  • Edited 7:44am Jul 5, 2012 5:21am | Edited 7:44am
Something like this on the GBPUSD?
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  • #3,911
  • Jul 5, 2012 9:17am Jul 5, 2012 9:17am
Quoting astock
gold - like silve on the same way
Worked out nicely this one. Bound off it's ATR low and now out at FTA.
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  • #3,912
  • Jul 7, 2012 9:29am Jul 7, 2012 9:29am
Hi all just a little reminder...
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Click to Enlarge Name: eurx h4 line chart.gif Size: 24 KB
my English is not very good ...
  • #3,913
  • Jul 7, 2012 9:40am Jul 7, 2012 9:40am
Quoting kompi
Hi all just a little reminder...
Thanks for the charts but not sure how they are relevant to the strategy in this thread?

Also not sure why you've got 'demand' written on the top of the USD chart.
  • #3,914
  • Jul 7, 2012 9:50am Jul 7, 2012 9:50am
Quoting kompi
Hi all just a little reminder...
thanks kompi for the reminder = this gives me an idea where eu + gu maybe go next week

usdx reached resistance

regards

  • #3,915
  • Jul 7, 2012 12:30pm Jul 7, 2012 12:30pm
Yes a cross but 2 Touches + a fib and clean break through support.
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  • #3,916
  • Edited 1:21pm Jul 7, 2012 12:59pm | Edited 1:21pm
2 touches, some PPZ history and dual fib confluence. Looking nicely rounded.
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  • #3,917
  • Jul 7, 2012 9:58pm Jul 7, 2012 9:58pm
sfp in uch
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  • #3,918
  • Jul 7, 2012 10:07pm Jul 7, 2012 10:07pm
i am not sure if this strong downmoves are well for sfp - following wizards method.

if somebody know a good describtion of sfp please let me know

kind regards

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  • #3,919
  • Jul 7, 2012 11:03pm Jul 7, 2012 11:03pm
there is a interesting level in cadchf - but on weekly tf
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  • #3,920
  • Edited 6:40am Jul 8, 2012 6:11am | Edited 6:40am
Quoting astock
i am not sure if this strong downmoves are well for sfp - following wizards method.

if somebody know a good describtion of sfp please let me know
No these are not SFP's. The wick has to exceed the the previous swing high but then close below.

Here's an example.
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