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

  • #321
  • Oct 28, 2012 6:45am Oct 28, 2012 6:45am
Quoting DaGrizlyBull
You know, I downloaded the E-book hoping i wouldn't find the same thing about S/D that's all over the web.

Unfortunately , after several hours wasted reading your view on S/D, I am now convinced that S/D is THE MOST HINDSIGHT method of trading out there. You S/D ers see what you want to see and ignore the 10 failed setups for every good one.

And about Mr Sam "Superman of S/D" Seiden... I emailed him thanking for the free videos on fxstreet. He replied the next day. I then emailed him asking him to give me some tips...
Well of course we cannot get a 100 % successrate. We need to develop a system that fits our character and that gives us a +ev output. We have to win more pips than to lose em in the long run. Supply and Demand areas give us nice areas where we can get in cheap and get a high r:r combined with high reliable trades. Therefor we use some more indicators whenever price approaches to one of our areas that we can decrease and filter out losing trades.

Since we talk about the technical analysis here we need to use history data to be able to anticipate the next price movements. Thats technical trading. If this doesnt fit your personality you have either to switch to the fundamental analysis ( that definietly loses importance ) or leave this business.

I'm sorry for your misere, maybe a different trading system than mine will give you the ods to handle this business.

Dont hesitate to ask questions about the stuff/inout discussed in the thread & e-book.

Take care and good luck,

best,
Jonas

PS: For al the others, thank you very much for answering and posting here, this is great !
Hero calls followed by margin calls...
  • #322
  • Oct 28, 2012 6:57am Oct 28, 2012 6:57am
Quoting DaGrizlyBull
I am guessing you are refering to the price flip. PBT CB and retest former support as resistance. If that is all, you are overestimating your knowledge. You have too much ego.

Attachment
nops my friend maybe phanti didnt cover every thing in his book ,but jarro style is for sure a pbt and cb but originally it is a DROP BASE DROP ,and the base is under a ppz,, see the yellow arrow , since the price left that area it left some orders behind it which was not triggerd, the pros knows what they are doing they stacked more orders there , so once the price came back to that area,, we call it first time back and we expected to turn again there due to the order flow and thats what caused the pin bar , always try to trade the cause and not the effect , so that pin was the effect of that base ,,,
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  • #323
  • Oct 28, 2012 7:06am Oct 28, 2012 7:06am
Quote
always try to trade the cause and not the effect , so that pin was the effect of that base

At least we agree on something
I don't need easy. I just need possible.
  • #324
  • Oct 28, 2012 7:18am Oct 28, 2012 7:18am
Quoting DaGrizlyBull
At least we agree on something
well not that bad for a start , but i personally roamed the forums searching for the holy grail, i knew every pattern ,a beob a beeb a pinbar a wedge ,a pinbistan blaa blaa.. and i never know why it worked and why it works who ever i asked about these stuffs ,they will tell me the market do this and the market do that and they will never tell u what is behind the move , or who or why , then i stumbled across few web without ignoring phanti and kenneth lee, lovely joy ,c-12 and acegazette, and pricevrything , then i start to build a fundamental knowledge on how things move , who and why !!! thats why not bad to start with acegazette or lj,, they can be very helpfull.... and sorry am not promoting anyone. it is just traders help traders , and good luck
  • #325
  • Oct 28, 2012 2:00pm Oct 28, 2012 2:00pm
So are these 3 areas Demand zones? Three RBR demand setups?

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I don't need easy. I just need possible.
  • #326
  • Oct 28, 2012 2:56pm Oct 28, 2012 2:56pm
Quoting DaGrizlyBull
So are these 3 areas Demand zones? Three RBR demand setups?

Attachment
Just a few things I'd be looking for. What does this chart look like on the higher time frames? What time frame is this anyway?

I'd then zoom down to get an x-ray snapshot as your levels are a bit wide and messy.

Even then I wouldn't place limit orders. I'd be looking for a clear rejection on the lower time frames. I use a 1 minute chart to do this.
  • #327
  • Oct 28, 2012 3:40pm Oct 28, 2012 3:40pm
Quoting DaGrizlyBull
So are these 3 areas Demand zones? Three RBR demand setups?

Attachment

Try focusing on the open/close of the biggest candles. The 1.2435 level, which you marked as a demand zone, is the strongest level on the chart. I would probably buy at the bottom wick if price returns there, with a stop a few pips below the previous low. That would be about 30 pips loss. Then, profit can be taken at around 1.25, maybe 1.252. About a 1:3 r/r.

You may get little bounces from the other levels you have selected, though, the r/r will be different.

I would also be looking at other time frames. If there's a zone that occurs on three time frames, then it's pretty strong, as well. Like the 15m, 1h, and 4h.
Play the players, not the cards.
  • #328
  • Oct 31, 2012 5:11am Oct 31, 2012 5:11am
Hi PhAnti and all seniors,

i've read PhAnti e-book about the trading strategy.

i would like to ask question about this XAU chart

http://i4.photobucket.com/albums/y12...-XAU-00001.jpg



or this one?

http://i4.photobucket.com/albums/y12...-XAU-00002.jpg

am I doing right, interpreting PhAnti's lesson?

thank you
  • #329
  • Oct 31, 2012 6:16am Oct 31, 2012 6:16am
[quote=laoshi;6148041]Hi PhAnti and all seniors,

i've read PhAnti e-book about the trading strategy.

i would like to ask question about this XAU chart

http://i4.photobucket.com/albums/y12...-XAU-00001.jpg



or this one?

http://i4.photobucket.com/albums/y12...-XAU-00002.jpg

am I doing right, interpreting PhAnti's lesson?

thank you

YES U R DOIN WELL BUT U NEED MORE TIME AND PRACTICE IN ORDER TO SEE THINGS CLEARLY.. PERSONALY THATS THE AREA AM WAITIN FOR PRICE TO COME ,MARKED IT ON BLUE .ITS CALLED A SWAP ZONE
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  • #330
  • Oct 31, 2012 6:19am Oct 31, 2012 6:19am
[quote=extremerrage;6148267]
Quoting laoshi
Hi PhAnti and all seniors,

i've read PhAnti e-book about the trading strategy.

i would like to ask question about this XAU chart

http://i4.photobucket.com/albums/y12...-XAU-00001.jpg



or this one?

http://i4.photobucket.com/albums/y12...-XAU-00002.jpg

am I doing right, interpreting PhAnti's lesson?

thank you

YES U R DOIN WELL BUT U NEED MORE TIME AND PRACTICE IN ORDER TO SEE THINGS CLEARLY.. PERSONALY THATS THE AREA AM WAITIN FOR PRICE TO COME ,MARKED IT ON BLUE .ITS...

thank you for the reply.

why is it call the swap zone? if you dont mind explaining.
  • #331
  • Oct 31, 2012 6:24am Oct 31, 2012 6:24am
When demand is broken so it will become a supply level ,,and vice versa
  • #332
  • Oct 31, 2012 12:58pm Oct 31, 2012 12:58pm
Quoting laoshi
Hi PhAnti and all seniors,

i've read PhAnti e-book about the trading strategy.

i would like to ask question about this XAU chart

http://i4.photobucket.com/albums/y12...-XAU-00001.jpg



or this one?

http://i4.photobucket.com/albums/y12...-XAU-00002.jpg

am I doing right, interpreting PhAnti's lesson?

thank you
In the second chart, there's an area of supply you have marked out. What's weird is that the level is kind of balanced out. (you actually have it marked as target)

The bottom demand level you have, the origin, look at the wick on the candle that shows the momentum. You have the entire zone below the open of the candle. These wicks do change things, as the fuller a candle it is, the stronger the imbalance.

(actually, both your demand zones are the wicks of large green candles.)

But, do you happen to notice the large jump up between your demand zones? The green candle that doesn't have a large bottom wick?

Also, between your supply and target zone, do you see the large red candles? You can't miss them, as they are the largest red candles on the chart.
Play the players, not the cards.
  • #333
  • Nov 1, 2012 8:46am Nov 1, 2012 8:46am
Quoting extremerrage
When demand is broken so it will become a supply level ,,and vice versa
well what does price tell us if a demand gets broken ?
If price crosses and closes below a demand area, traders and investors declare price as too high, so more are willing to sell at this level than to buy = when price returns to this level we expect that traders gonna sell again at this level since price was too high there before as well.

yeip
Hero calls followed by margin calls...
  • #334
  • Nov 1, 2012 8:47am Nov 1, 2012 8:47am
Quoting laoshi
Hi PhAnti and all seniors,

i've read PhAnti e-book about the trading strategy.

i would like to ask question about this XAU chart

http://i4.photobucket.com/albums/y12...-XAU-00001.jpg



or this one?

http://i4.photobucket.com/albums/y12...-XAU-00002.jpg

am I doing right, interpreting PhAnti's lesson?

thank you
also note that the overall trend here is bearish. So try to pick a short as high as possible. I'd rather sell than buy here, since price crossed below the previous significant low.
Hero calls followed by margin calls...
  • #335
  • Nov 1, 2012 9:49am Nov 1, 2012 9:49am
Quoting PhAnTi'
also note that the overall trend here is bearish. So try to pick a short as high as possible. I'd rather sell than buy here, since price crossed below the previous significant low.


PhAnTi, after reading your ebook, i took 2 profitable trade. maybe its just luck from a beginner like me, but at least I was so sure when taking the pending order, and not blind like before.

I was following J16 thread for months but still cant take position. I wonder why is your thread so quite?

thank you.
  • #336
  • Nov 1, 2012 10:07am Nov 1, 2012 10:07am
This is one of the best threads on FF but it is quiet because Jonas as the thread starter/owner needs to be constantly around to moderate and guide traders especially the newbies following his system until other experienced traders also join and can help the newbies when he is not around. Unfortunately Jonas has another job that is keeping him busy, and out of his remaining precious time, he still finds time from his good heart to visit the thread and answer questions to help other traders.

I also look forward to the time the thread can be move active.

Good trading to all

George
Low Risk Low Stress High Reward High Probability Trades
  • #337
  • Nov 1, 2012 10:11am Nov 1, 2012 10:11am
Quoting 919gilead
This is one of the best threads on FF
I agree with that!
  • #338
  • Nov 1, 2012 10:36am Nov 1, 2012 10:36am
am I doing right in marking the supply area?

is this a bullish trend or a bearish trend?

is the divergence I'm drawing correct?

where to take the trade?
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  • #339
  • Nov 1, 2012 10:36am Nov 1, 2012 10:36am
Quoting 919gilead
This is one of the best threads on FF but it is quiet because Jonas as the thread starter/owner needs to be constantly around to moderate and guide traders especially the newbies following his system until other experienced traders also join and can help the newbies when he is not around. Unfortunately Jonas has another job that is keeping him busy, and out of his remaining precious time, he still finds time from his good heart to visit the thread and answer questions to help other traders.

I also look forward to the time the thread can be move...
Thanks for your kind words
Yes, I'm pretty close in time... the e-book i provided is the basis for this thread.
This thread should offer you an opportunity to post charts and questions about the e-book and its content regarding the offered system.

Sadly, this thread doesnt earn a lot of attention, hence I think that this is really good stuff to improve onces trading result and knowledge.

All in all it is up to everyone himself what system to use, how ot trade and which threads to follow.
I can only offer the stuff.
But you have to read,listen and learn for yourself

Best,
Jonas
Hero calls followed by margin calls...
  • #340
  • Nov 1, 2012 10:41am Nov 1, 2012 10:41am
Quoting laoshi
am I doing right in marking the supply area?

is this a bullish trend or a bearish trend?

is the divergence I'm drawing correct?

where to take the trade?
a trend is defined by lower lows,lower highs, higher lows and higher highs....so try to figure out the trend at your chart and ill check your result.
We want to buy as low as possible in rising markets and sell as high as possible in falling markets = follow the overall trend to increase the odds.
Means we get good entries after breakouts, when the price retests the breakout level ( see ebook for detailed explanation ).

The divergence ain't correct, see the ebook for a couple of divergence examples. I will post some when i do have some time to do so

best,
Jonas
Hero calls followed by margin calls...
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