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''Trading Price II'' by PhAnti - have fun

  • #121
  • Sep 1, 2012 6:56am Sep 1, 2012 6:56am
Quoting mero
well done PhAnTi, thats the way it goes - free knowledge,sharing,love...peace and so on

am waiting for this baby to reach that zone,and sell the shit out of it
winners sell in bullish markets and vice versa

you defined your zone ( that looks pretty ok ) and wait for price to approach , well done...

what will be the next action if price approachs ?
Hero calls followed by margin calls...
  • #122
  • Sep 1, 2012 7:00am Sep 1, 2012 7:00am
Quoting dee50
Wow, down Rover. Incredible really, no wonder there are so many wars in the world.

Perhaps I should have used different words like -

"Interesting comparison" or "different viewpoint" or "slightly different interpretation" or "Being open minded it was interesting to see a slightly different interpretation of the material that you had presented in your very excellent book"

Notice the common word here "Different"
Quoting kiadanai
It's a well known fact that phanti was not the one to invent these concept from scratch.

The merit of his book lies in his simple and understandable explanation, coupled with his personal take on how to use these concept in the market.

Very good book for beginners and good reference if you already know the stuff.

Hey guys,

calm down .... thanks for the reference, there are a lot of well known traders that use supply and demand to trade with.... of course i ''copied'' a lot of them ... as also from Sam Seiden.... but i try to adapt this content to my personal character and style of trading.
Whatever works works.... never change a running system, once we developed our well going system we wont have any problems in the future and we wont care about other stuff/strategies/concepts since we do earn our money.

Anyway thanks for taking part in this thread, hope we will have some more charts as well to discuss the content in detail here.

best regards,
Jonas
Hero calls followed by margin calls...
  • #123
  • Sep 1, 2012 7:01am Sep 1, 2012 7:01am
Quoting zordy
Hi Phanti,

I think this is good for buy setup.
reversal candle at demand area and divergence at H1. H4 also got divergence.
nice job, very nice setup.
Heavy demand, divergence developed and a reversal price pattern....but which one exactly here ?


thanks for posting this chart, awesome setup example.

regards,
Jonas
Hero calls followed by margin calls...
  • #124
  • Sep 2, 2012 7:07pm Sep 2, 2012 7:07pm
just some zones ill be wachin this week.e/aud and aud/cad are my favorites
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  • #125
  • Sep 2, 2012 10:13pm Sep 2, 2012 10:13pm
Hello Phanti
Could u be buying one one timeframe and be selling on anoda time frame of the same pair
thanks
  • #126
  • Sep 3, 2012 4:13am Sep 3, 2012 4:13am
Quoting zordy
Hi Phanti,

I think this is good for buy setup.
reversal candle at demand area and divergence at H1. H4 also got divergence.
just for learning process..dont know what's the ending..
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  • #127
  • Sep 3, 2012 12:51pm Sep 3, 2012 12:51pm
Quoting cku
Hello Phanti
Could u be buying one one timeframe and be selling on anoda time frame of the same pair
thanks
sure. If i am short on the daily and get a long setup on the h1 i will take it.
All in all i will always treat each trade as a single one. I never ever hedge or try to refund losing trades or add to losing positions.

I always want to have a certain reason and idea behind each single trade.

regards,
Jonas
Hero calls followed by margin calls...
  • #128
  • Sep 3, 2012 12:52pm Sep 3, 2012 12:52pm
Quoting zordy
just for learning process..dont know what's the ending..
hell, nice chart. Demand area + bullish pin + regular bullish divergence... thats our level to buy !

I dont know why but you bought the high...

what made you buying up there ?
Hero calls followed by margin calls...
  • #129
  • Edited 1:09pm Sep 3, 2012 12:58pm | Edited 1:09pm
@ Phanti, good ebooks, read both of them and nothing but good information

S/D work on all timeframes even down to the 1minute, I trade mainly off the 5minute using s/d and look other levels off the higher tf unless I'm scalping then its all purely off the 5m
  • #130
  • Sep 3, 2012 1:02pm Sep 3, 2012 1:02pm
Quoting GDR3k
@ Phanti, good ebooks, read both of them and nothing but good information

S/D work on all timeframes even down to the 1minute, I trade mainly off the 5minute using s/d and look for profit levels off the higher tf unless I'm scalping then its all purely off the 5m.
thanks for your kind words.

I dont know why, but i have never been profitable trading the lower timeframes up to the m15 ... :-p

i play the htfs

best,
Jonas
Hero calls followed by margin calls...
  • #131
  • Sep 3, 2012 1:08pm Sep 3, 2012 1:08pm
Quoting PhAnTi'
thanks for your kind words.

I dont know why, but i have never been profitable trading the lower timeframes up to the m15 ... :-p

i play the htfs

best,
Jonas
I've given your ebooks to a friend who is looking to get into forex, hes currently reading through the school at babypips to get a basic understanding about candlesticks and patterns, then he's moving onto your two books as theres alot of shite on the web on 'how to trade', I believe your books to be a godsend to anyone looking to get into fx.
  • #132
  • Sep 3, 2012 2:01pm Sep 3, 2012 2:01pm
yea ur ebook is really spendid
welldone PHANTI
  • #133
  • Sep 3, 2012 8:22pm Sep 3, 2012 8:22pm
Quoting PhAnTi'
hell, nice chart. Demand area + bullish pin + regular bullish divergence... thats our level to buy !

I dont know why but you bought the high...

what made you buying up there ?
reason: inverse head & shoulders/break neckline & reject blue line.
  • #134
  • Sep 4, 2012 12:40pm Sep 4, 2012 12:40pm
Quoting zordy
reason: inverse head & shoulders/break neckline & reject blue line.
I've just finished the book, I haven't seen anything in there about h&s. I think you bought too high because if you look to the left then price is actually very close to a supply zone.


Please correct me if I'm wrong, but the only place I see (according to the books's recommendations) where one can buy is when the 'bullish englulfing' formed within the demand zone. Two bars before it there was a bar that looked like a pin-bar, but I'm not sure about it because the body looks too big.

But I'm not sure about the trade overall, because if we enter at the bullish engulfing then if we target the next supply zone (1.516) we only get only 1:1 r/r, not much. We can also target the supply zone at 1.519 but I think it's risky, we are in a downtrend and we have to expect a reaction from 1.516.
  • #135
  • Sep 4, 2012 12:47pm Sep 4, 2012 12:47pm
Quoting Kagawa
I've just finished the book, I haven't seen anything in there about h&s. I think you bought too high because if you look to the left then price is actually very close to a supply zone.


Please correct me if I'm wrong, but the only place I see (according to the books's recommendations) where one can buy is when the 'bullish englulfing' formed within the demand zone. Two bars before it there was a bar that looked like a pin-bar, but I'm not sure about it because the body looks too big.

But I'm not sure about the trade overall, because if we...
exactly, i call H&S patterns untradeable... anyway there are traders that might make consistently profit with H&S patterns.

also we did have regular bullish divergence + buob and bullish pinbar right at demand our place to buy.

thanks for your post.

best,
Jonas
Hero calls followed by margin calls...
  • #136
  • Sep 4, 2012 12:49pm Sep 4, 2012 12:49pm
Quoting zordy
reason: inverse head & shoulders/break neckline & reject blue line.
we dont trade H&S patterns at all in here.
Also we neer buy high and sell low, we buy low and sell high...

as even mentioned ou bought next to or right into a supply zone.

All in all thank you for your post, theres no other way to learn and improve ones trading than by doing mistakes and try to fix them the very next time.

Best,
Jonas
Hero calls followed by margin calls...
  • #137
  • Sep 4, 2012 11:40pm Sep 4, 2012 11:40pm
EUR/USD please comment
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  • #138
  • Sep 4, 2012 11:41pm Sep 4, 2012 11:41pm
USDCHF Thanx phanti
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  • #139
  • Sep 4, 2012 11:52pm Sep 4, 2012 11:52pm
EURAUD
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  • #140
  • Sep 4, 2012 11:59pm Sep 4, 2012 11:59pm
Here are couple more
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