Trading EURUSD only

I've tried to use it before it doesn't get the good levels only finds the real obvious ones. Better to learn supply & demand thru screen time IMO.

yeah, I kinda tried to make sence out of it .... but.. decided I'll go with that " spot it with the eye" technique lol. The squares don't look anything like the guide. So i'll continue to understand zones with the practice.

yes, i use it also to get a better understanding of supdem

Thanks my friend!

indicators dont lag, at least the ones i use.

this all just my opinion here take it or leave it

even the most basic of MA crossovers can be coded into a very profitable EA. simply because the crossover is too powerful at getting good entries and exits without exiting prematurely.

simplicity is key. MAs simply signal where divergence is likely to show up. same with bollinger bands. divergence in turns signals where price action is likely to show up.

im not a beginner and i know i will never trade with naked chart, but everyone does this differently. just look at steve (most of us have trouble reading that chart but he uses it very effectively)

the big players do not do this just so they can be "cool". the few interbank traders that actually do use a naked chart do so because for them, that is the most profitable and most simple. it is true some people trade better with naked charts, but thats because they dont understand how to use indicators. plain and simple, the indicators are guides on zones that you should start paying attention for reversal candles. the entries themselves should not come unless the candles show up. only the big players get the best 5-10 pips of the entry (they are forming the candle), and they are the ones who need to be sharp with sniping levels.

the rest of us however, we can just ride the PA

PA is #1 but to KNOW when to expect the PA to happen, is a whole different edge. This is one reason I can typically enter with a 7 pip stop loss when scalping M1 and M5 divergences and these stops almost never get taken out. It's because I am trading with the PA and momentum SHIFT, not trading levels.


Point of this post is, trade with naked charts if you want, but I think you will get strong benefit out a momentum oscillator, daily pivot levels, and a moving average or two so you can figure out the strength of a trend (slope of the MA is a much stronger visual reference to the strength of a trend)

Fractals are truly fantastic too.


Anyway, after trading long enough you will realize all the indicators are just a tool to increase your confidence following price action. It's one thing to make a trade after a double doji when there is divergence showing up (so really these are bearish dojis, IE hanging man, simply a doji that is in a sell zone, not a buy zone), its another thing ENTIRELY to take that same candle stick trade when HIDDEN divergence is showing up.

Same thing goes with making a trend trade based off of price action only, when price is very far away from a typical moving average it stays near. Those trades are much higher risk than price action trading with INDICATOR SUPPORT (such as steep sloping moving averages)

Fact of the matter is without an oscillator you won't be able to figure out which level will be best used for support. It's NOT just the level with the biggest candles. sometimes it is 10 pips before that level (hidden divergence), sometimes it is 10 pips after that level (divergence). it all depends on the momentum to know where price will stop, if you simply enter based on levels even when the momentum says not to, you have no chance.

I have learned momentum is everything when it comes to how the big players decide to create price action. This is also how I know exact levels which will be defended, because a pierce of these will invalidate the divergence and cause trend continuation (or trend failure in the case of hidden divergence)

at least you success with no lag indicators...for me they never work right way...till I start to c S/D zone...power of action...

ind using past time numbers....thats why they never show show exeactly entry or exit.... if you know how to read naked charts all info and more showing in candles if know how to read....my ind list: simple chart with candles most powerfull kit ever 2. TF which showing how far we can go and where turning points...and simple knowledge of patterns..I using fractals to c monentum power from zones...I meeting more traders who saying to me "I start making money when I deleted all ind, and start trading simple pa..."

of course is same people who making millions with same ind..

if you can make money with ind or with out one....that means you have gold system...if you are profitible thats means you are right....

Good morning everybody.

Todays events

hey...

Morning J.
I see you've been up the whole asian sess. Hope it was worth it.
Was worth for me. My underwater long learned to fly over the water during the night (here it was night).
Any outlooks for today?

got 10 pips in all sess...still keep long from 41

targeting 58-60 zone

hi guys..my prefer direction is up till price is above 1.3236

Then it was good i suppose

Holding so far.
Got a strong rejection from the secondary(midchannel or correctional-channels as I like to call them) channel line.

30MIN Chart

at least you got sleep..,you not lost nothing

This is true. Got a double winner Got sleep and losing trades sl not hit and turned into winners

But you... I hope it is not the middle of the night where you live If so, I strongly suggest to get some rest.

Anybody else thinks that daily candle wants to go up today ?

for me 24 or 30h no sleep its normal day hours getting used ) sleeping well on weekends ...