Price is Everything Chat Room | Page 178 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fozzy Chat Room 7 replies

Attachments: Price is Everything Chat Room
Exit Attachments

Price is Everything Chat Room

  • #3,541
  • Edited 3:56am Jul 9, 2012 3:04am | Edited 3:56am
Quoting KennyZ
try here (https://sites.google.com/site/acegazette/videoroom-101/room-4).. there r some and many other stuff.. it's one of our sister resource site..
hey Ken, there are some nice free videos here (http://www.dailymotion.com/thethetradersguild#video=xq6nai) by lovejoy80, he's a commercial member and it's so obvious that he learned it all from red's PIE thread.
Sniffing Snake's Tracks...
  • #3,542
  • Edited 4:45am Jul 9, 2012 3:24am | Edited 4:45am
KennyZ....thanks a lot for the vouche buddy, my first and the greatest getting it from you is awesome

heres something for you

http://images.paraorkut.com/img/funn...nnis-12439.jpg
Attached Image
Sniffing Snake's Tracks...
  • #3,543
  • Edited 4:21am Jul 9, 2012 4:08am | Edited 4:21am
Nice vid. I like the way the speaker divides trading into qualitative and quantitative, and the reason why traders go around in circles from method to method is due to not grasping the quantitative which cannot be taught - it has to be experienced.

Vid Here (http://www.youtube.com/watch?v=ew1L6SLpHgM&feature=player_embedded)
  • #3,544
  • Jul 9, 2012 8:03am Jul 9, 2012 8:03am
Quoting whiteout
Not a master here, but 100% agree whit seb. the level above is the base of the spike [maybe you wonna take a look at this article (http://www.nobrainertrades.com/2009/06/spike-base-pattern.html)], and that type of level quite often react; and have some history too. Generally speaking that spike whit huge momentum, for what i have learned, tend to be filled soon or later, but that spike looks like a reaction to a previous one.
As always if i have wrote bullsh. feel free to correct me.
Like a charm.
Need guts to take a long right after that spike but..that dynamics - violent move into a reactive level - is quite common; somethingh to study for me.
Attached Image (click to enlarge)
Click to Enlarge Name: itwoooooorks.gif Size: 28 KB
Sometime the horizon disappear. Twitter: @_whiteout
  • #3,545
  • Jul 9, 2012 8:07am Jul 9, 2012 8:07am
Quoting FX.Sniffer
[color="RoyalBlue"]KennyZ....thanks a lot for the vouche buddy, my first and the greatest getting it from you is awesome

heres something for you
And thanks even from me kenny, it means a lot.

oh and you can count on me for "that" project. [see picture below]
Attached Image (click to enlarge)
Click to Enlarge Name: evilkenny.jpg Size: 48 KB
Sometime the horizon disappear. Twitter: @_whiteout
  • #3,546
  • Jul 9, 2012 8:43am Jul 9, 2012 8:43am
I would doubt that price would drop through this DBR/low.. the least we could have is a range form.. during this range there will be clues as to whether it is accumulation or redistribution.

Just a few thoughts before the weeks begin.

..
Attached Image (click to enlarge)
Click to Enlarge Name: euwekaccm.png Size: 41 KB
  • #3,547
  • Jul 9, 2012 9:19am Jul 9, 2012 9:19am
Quoting FX.Sniffer
hey Ken, there are some nice free videos here (http://www.dailymotion.com/thethetradersguild#video=xq6nai) by lovejoy80, he's a commercial member and it's so obvious that he learned it all from red's PIE thread.
hey FX.Sniffer

Not looking to strike up an argument here but just wanted to say that I have a lot of respect for Lovejoy80 and the contributions he has made to FF over the years. I don't think anyone on FF can claim that the methods / styles they use to trade are their own (or few can anyways), most of this stuff has been around for years and part of becoming a succesful trader is learning from others, finding what works for you and adapting it to suite your personality etc. Red himself admitted to learning a lot of what he knows from Sam Seiden (and perhaps Lovejoy did too), but I think that's irrelevant at the end of the day as you can see from the PIE thread Red adapted what he learnt to suite him .... same can be said about Lovejoy80 and the way he trades.

Anyways, once again not looking for an argument. I have loads of respect for you and all the contributors to this thread and the family of PIE threads. For those who have not checked out Lovejoys vids and thread, def worthwhile when you get a chance.

If, Emene, Ken - thanks for all your hard work and look forward to seeing the new website.

MM
  • #3,548
  • Jul 9, 2012 9:24am Jul 9, 2012 9:24am
Quoting whiteout
And thanks even from me kenny, it means a lot.

oh and you can count on me for "that" project. [see picture below]
loool damn am drinking a redbull too. hey whiteout i was trying to inspire him in a healthy way well, anyway you forgot the cigarette unless he quit!

Thank you very much Venice, I appreciate it man
Sniffing Snake's Tracks...
  • #3,549
  • Jul 9, 2012 9:39am Jul 9, 2012 9:39am
Quoting MinceMeat
hey FX.Sniffer
Anyways, once again not looking for an argument. I have loads of respect for you and all the contributors to this thread and the family of PIE threads. For those who have not checked out Lovejoys vids and thread, def worthwhile when you get a chance.

If, Emene, Ken - thanks for all your hard work and look forward to seeing the new website.

MM
hi MM, with all due respect I didn't accuse him of anything nor did i say anything bad about him, it was just so obvious from his videos that he studied the PIE. Also, I liked his videos cuz it includes everything been taught/discussed in the three threads PIE/RTP/PIE Chat room otherwise I wouldn't have posted it here.

peace man
Sniffing Snake's Tracks...
  • #3,550
  • Jul 9, 2012 10:07am Jul 9, 2012 10:07am
Quoting FX.Sniffer
hi MM, with all due respect I didn't accuse him of anything nor did i say anything bad about him, it was just so obvious from his videos that he studied the PIE. Also, I liked his videos cuz it includes everything been taught/discussed in the three threads PIE/RTP/PIE Chat room otherwise I wouldn't have posted it here.

peace man
No worries bud, all good here .....

Yep, def some great vids which cover a lot of the stuff discussed here. In fact, PIE / PIE Chat room, RTP and LJ's threads are prob the only threads I really follow on FF these days which teach and discuss pure Price Action trading.
  • #3,551
  • Jul 9, 2012 10:24am Jul 9, 2012 10:24am
Here's a pair which has been really generous in the last few months.... following nice channels and observing SD/PA like a good little FX pair.

Now deep into D1 supply after the lovely rally last week. Pole to fill.... one of the little H&S forming on h4 which this pair creates all the time.... my order missed by 6 pips.... but we will see....
Attached Image (click to enlarge)
Click to Enlarge Name: cadchfd1.gif Size: 26 KB


Attached Image (click to enlarge)
Click to Enlarge Name: cadchf.gif Size: 30 KB
  • #3,552
  • Jul 9, 2012 10:31am Jul 9, 2012 10:31am
There were decent Quasimodo setups on GJ and UJ today at demand zones ..... actually preferred the GJ setup at the end of the day.

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-07-09_UJ.jpg Size: 91 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2012-07-09_GJ.jpg Size: 79 KB
  • #3,553
  • Edited 12:09pm Jul 9, 2012 12:08pm | Edited 12:09pm
Quoting MinceMeat
There were decent Quasimodo setups on GJ and UJ today at demand zones ..... actually preferred the GJ setup at the end of the day.
and i preferred the ej...
Attached Image (click to enlarge)
Click to Enlarge Name: ej001.jpg Size: 74 KB
Sniffing Snake's Tracks...
  • #3,554
  • Jul 9, 2012 12:12pm Jul 9, 2012 12:12pm
Hope you guys are staying awake with this PA today.

Nothing new for me here. Still holding Euro shorts and looking for my entry on the Aussie short.
  • #3,555
  • Jul 9, 2012 12:33pm Jul 9, 2012 12:33pm
Quoting Venice
Hope you guys are staying awake with this PA today.

Nothing new for me here. Still holding Euro shorts and looking for my entry on the Aussie short.
me too am monitoring my babies
Attached Images
Sniffing Snake's Tracks...
  • #3,556
  • Jul 9, 2012 12:57pm Jul 9, 2012 12:57pm
is it a vouching day or what?!! Many thanks alterchristo and to all the future vouchers if there will be any

one more to go then i can add Pirates of Greed flag in my signature, as per FF rules "you must have a vouch level of 4v to be able to have images in your signature"
Sniffing Snake's Tracks...
  • #3,557
  • Jul 9, 2012 6:33pm Jul 9, 2012 6:33pm
emene will like this, so am gonna copy his words from his AG blog with a little tweak.

On the right side of attached gold chart there is a marked demand zone, this zone was very clear and strong demand twice. One time to leave the zone at (A), another one as retest as a spike at (B). What do you think traders did when it came back at (C)? They bought it. Well it happens that it was not the good thing to do here so they got trapped at (C). When price came back near their order price at (D) they could get out of their longs hence mechanically becoming sellers.

Happy trading.
Attached Image
Sniffing Snake's Tracks...
  • #3,558
  • Jul 9, 2012 7:10pm Jul 9, 2012 7:10pm
Quoting FX.Sniffer
[color="RoyalBlue"]emene will like this, so am gonna copy his words from his AG blog with a little tweak.

On the right side of attached gold chart there is a marked demand zone, this zone was very clear and strong demand twice. One time to leave the zone at (A), another one as retest as a spike at (B). What do you think traders did when it came back at (C)? They bought it. Well it happens that it was not the good thing to do here so they got trapped at (C). When price came back near their order price at (D) they could get out of their longs...
Excellent mate. This is the exact setup that marks the H&S patterns we see abundant all over the place.

Of course... us S&D traders just see this as demand being broken, and retesting it from the bottom side. Easy entries, minimal risk.
  • #3,559
  • Jul 9, 2012 8:00pm Jul 9, 2012 8:00pm
Quoting FX.Sniffer
... they got trapped at (C). When price came back near their order price at (D) they could get out of their longs hence mechanically becoming sellers.

Happy trading.
"...mechanically becoming sellers." That just lit a <light bulb>! So simple, so brilliant!
Luck occurs when preparation meets with opportunity.
  • #3,560
  • Jul 10, 2012 1:28am Jul 10, 2012 1:28am
Quoting AlienFrog
"...mechanically becoming sellers." That just lit a <light bulb>! So simple, so brilliant!
exactly, been watching for it more and more after the explanation given here. now imagine you do this in places that are both profit taking and bailout areas ^^

here is the original http://www.acepips.com/2/post/2012/06/gold2.html#comments
1 trader viewing now