Hi would you all see this as a proper head and shoulders? Today looks like a BEOB.
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DislikedHi Guys,
Thought you might find this interesting.
One of my room members beat 800 traders to win $5,000 in the Dukascopy September Trading Competition.
Dukascopy interviewed him and you will see he mentions the D1 bias, the SFP and the level retest. You will always see he mentions the news (remember this is not just about price action - news moves markets):
http://www.youtube.com/watch?v=kziCl...3&feature=plcp
-TomIgnored
Dislikedjust joined in to say : "Wonderful strategy and thread Tom.
I am demoing this stuff already for a few days on H1 timeframes, looks very promising
Still have a lot to read...Ignored
DislikedHi would you all see this as a proper head and shoulders? Today looks like a BEOB.Ignored
DislikedNew peeps to the thread/strategy can get up to speed by following the link below then find "The wizard FF thread" PDF and download.
http://www.forexfactory.com/showthre...72#post5625972
Some terminology:
RR= rounded retest
SFP= swing failure pattern
FTA= first trouble area
ATR= average true range (indicator)
FTB= first time back
All the best.Ignored
DislikedGreat eye kerinsp! This looks as amazing setup. It's an SFP as well on the higher timeframes and a pin/BEOB.Ignored
DislikedPinbar + SFP, H&S, ascending TL broken very nicely. This looks great. PA traders are in heaven right now. But once their BE stops get hit, it's the level traders who will rule this market.lol
Ignored
DislikedHi Guys,
Thought you might find this interesting.
One of my room members beat 800 traders to win $5,000 in the Dukascopy September Trading Competition.
Dukascopy interviewed him and you will see he mentions the D1 bias, the SFP and the level retest. You will always see he mentions the news (remember this is not just about price action - news moves markets):
http://www.youtube.com/watch?v=kziCl...3&feature=plcp
-TomIgnored
DislikedMan honestly, how long have you been trading?
"Member Since Jul 2012 26 Posts"
I won't believe you are new to this at all!!
I like you more with every single post you do!Ignored
DislikedHey Rust
I'm just reading this thread
And I'm in trading since december last year, but i was lucky to bump into several good threads like J16 or Fail Better. I'm happy i didn't waste too much time on deckin my charts with dozens of indicatorsThis great stuff here which Tom shared with us just feels right.
CheersIgnored