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

  • #441
  • Dec 20, 2012 5:19am Dec 20, 2012 5:19am
Quoting PhAnTi'
Hey guys, I got the following mail containing a lot of the questions many of you asked me... I'll just share my answer in here that anyone can participate.

----------------------------------------------------------------------------------------------------------------------------------------------------------
Hi there Jonas, aka PhanTi,

I read your PDF. Thanks for providing it for free. I know you must get a lot of emails and questions. I have even noticed you spending less and less time on the forum. I hope you’re well. I’m not new...
Very useful information
  • #442
  • Dec 22, 2012 1:07am Dec 22, 2012 1:07am
Hi PhanTi!,

what can I say? This is an incredible masterpiece and one of the biggest contribution on forexfactory - and I´m creeping around here since 2009.
Keep up that brillant work, and you´re just 21!! I have much respect for your dedication, insight and thoughts, really appreciated sharing it with the
"factory establishment"

Weiter so! Viele Grüße aus FFM!
Get rich or die tryin!
  • #443
  • Dec 22, 2012 2:16am Dec 22, 2012 2:16am
Quoting mlep
Hi PhanTi!,

what can I say? This is an incredible masterpiece and one of the biggest contribution on forexfactory - and I´m creeping around here since 2009.
Keep up that brillant work, and you´re just 21!! I have much respect for your dedication, insight and thoughts, really appreciated sharing it with the
"factory establishment"

Weiter so! Viele Grüße aus FFM!
Hey !

Thank you very much for your kind words, especially when they r from Germany :-D ....
I hope we can improve our trading and results in 2013 again.... I'm sure we will !

Merry christmas and frohe Weihnachten !

Liebe Grüße,
kind regards,

Jonas
Hero calls followed by margin calls...
  • #444
  • Dec 24, 2012 1:53pm Dec 24, 2012 1:53pm
Happy Christmas for Everyone who's celebrate...

Specially for PhAnTi' & Members who's given Contribution in these Thread's

http://www.hdwallpapersarena.com/wp-...es-218077.jpeg
Always looking the GREAT, never left GOOD Point...
  • #445
  • Dec 25, 2012 1:02am Dec 25, 2012 1:02am
Jonas,

I just wanted to thank you for providing this publication free of charge; you obviously put a lot of work into both of your eBooks and most importantly they contain a ton of examples. I've found that this style of trading is the only thing that works consistently and actually matches up with what a lot of other successful traders have discussed in various terms, including BillyRayValentine, Trader_Dante, and Sam Seiden (whom you mention). I basically just highlight these types of zones on the daily chart and then look for price reactions at them on the 6 hour chart...great probabilities, great risk to reward ratios, and great profits. Happy holidays and merry Christmas,

Kanzler
  • #446
  • Dec 26, 2012 2:17am Dec 26, 2012 2:17am
Merry X Mas to Phanti and other memebers.
  • #447
  • Dec 27, 2012 1:00am Dec 27, 2012 1:00am
Hay! You are greater master! Your book is wonderful! Have fun! thank you!
  • #448
  • Dec 27, 2012 10:59am Dec 27, 2012 10:59am
Quoting ruten
Hay! You are greater master! Your book is wonderful! Have fun! thank you!
Quoting Kanzler
Jonas,

I just wanted to thank you for providing this publication free of charge; you obviously put a lot of work into both of your eBooks and most importantly they contain a ton of examples. I've found that this style of trading is the only thing that works consistently and actually matches up with what a lot of other successful traders have discussed in various terms, including BillyRayValentine, Trader_Dante, and Sam Seiden (whom you mention). I basically just highlight these types of zones on the daily chart and then look for price reactions...
Quoting Alanamc
Merry X Mas to Phanti and other memebers.


thank you very much for your kind words guys.
Hope to see some more charts next year that I can comment on :-)

all the best and keep patient...

best,
Jonas
Hero calls followed by margin calls...
  • #449
  • Dec 27, 2012 11:01am Dec 27, 2012 11:01am
Quoting Tsar
Happy Christmas for Everyone who's celebrate...

Specially for PhAnTi' & Members who's given Contribution in these Thread's

http://www.hdwallpapersarena.com/wp-...es-218077.jpeg...
Dito buddy,

great to see you around !
Hero calls followed by margin calls...
  • #450
  • Jan 1, 2013 9:40pm Jan 1, 2013 9:40pm
thank you so much for coming up with the ebook, just downloaded it and gonna read it very soon!
  • #451
  • Jan 6, 2013 9:11am Jan 6, 2013 9:11am
Hi Guys,

It's Sunday evening here and I try to review EURUSD chart and make plan for next week trade.

This chart is 4H chart with below info (I like working with color )

Blue line is Weekly trend line
Red line is Daily trend line
Blue area above is Monthly Supply
Purple area are Weekly Supply/Demand
Grey area are 4H Supply/Demand

Let's see,

Daily uptrend line has been broken down and price rally back up in to supply area (4H and weekly) and 1.3100 round number. Therefore, I think there's high probability that price will move down next week. The only thing that make me cautious is the hidden bullish divergence (green line).
My plan is : if there is reversal price pattern in that area, I will take short position with target at 1.3000. What do you think guys? Your comment is really appreciated.

(Hopefully you understand cause english is not my daily language)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 249 KB
  • #452
  • Edited 11:25am Jan 6, 2013 9:55am | Edited 11:25am
Quoting gendonp
Hi Guys,

It's Sunday evening here and I try to review EURUSD chart and make plan for next week trade.

This chart is 4H chart with below info (I like working with color )

Blue line is Weekly trend line
Red line is Daily trend line
Blue area above is Monthly Supply
Purple area are Weekly Supply/Demand
Grey area are 4H Supply/Demand

Let's see,

Daily uptrend line has been broken down and price rally back up in to supply area (4H and weekly) and 1.3100 round number. Therefore, I think there's high probability that price will move down next week....
Fiber has been kind of ugly recently. There's a daily bullish pinbar formed Friday right on the nose of VBRN 1.30, but that old supply turned demand turned supply is sitting right above. With the hidden bullish divergence you just pointed out I'm more inclined to now believe it has serious potential to break back above, although whether or not it gets past 1.3260 is another question. Daily chart shows weak regular bearish divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 52 KB
  • #453
  • Jan 7, 2013 4:34am Jan 7, 2013 4:34am
do you look for shorts with bottom box as target or better longs with upper box as target ?
Whats the better line here ? and why is it ?

comments !

Attached Image (click to enlarge)
Click to Enlarge Name: 70.jpg Size: 97 KB
Hero calls followed by margin calls...
  • #454
  • Jan 7, 2013 7:46am Jan 7, 2013 7:46am
Quoting PhAnTi'
do you look for shorts with bottom box as target or better longs with upper box as target ?
Whats the better line here ? and why is it ?

comments !

Attachment
Short orders, because our profit margin is greater. Going long below the supply zone is high risk. At the same time there may be a bump just below here as well, but the profit margin is still better. I would want to wait for a break above or below to take a trade though as supply has already been tested once before - I'm already late to the party.
Attached Image (click to enlarge)
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  • #455
  • Jan 7, 2013 11:48am Jan 7, 2013 11:48am
Quoting Kanzler
Short orders, because our profit margin is greater. Going long below the supply zone is high risk. At the same time there may be a bump just below here as well, but the profit margin is still better. I would want to wait for a break above or below to take a trade though as supply has already been tested once before - I'm already late to the party.
Hey Kanzler,

cool thoughts here, thanks for your input.
But why you want to wait for a break of the demand level to sell it ? Why dont better take a higher price at current levels to sell it ?

Nothing offensive, just some kind of discussion here

best,
Jonas
Hero calls followed by margin calls...
  • #456
  • Jan 7, 2013 11:51am Jan 7, 2013 11:51am
Attached Image (click to enlarge)
Click to Enlarge Name: 71.jpg Size: 104 KB
Hero calls followed by margin calls...
  • #457
  • Jan 7, 2013 12:23pm Jan 7, 2013 12:23pm
Quoting PhAnTi'
Hey Kanzler,

cool thoughts here, thanks for your input.
But why you want to wait for a break of the demand level to sell it ? Why dont better take a higher price at current levels to sell it ?

Nothing offensive, just some kind of discussion here

best,
Jonas
No offense taken - I enjoy these kinds of exchanges as they present a learning opportunity. Your ebook presentations are amazing and learning first-hand is even better. My thoughts are that it's possible for price to still rally from the demand level I outlined. If I sell from where price is currently at on that chart I have to risk the distance from my entry to above the supply zone. If price breaks below, I may have a good opportunity to enter on a re-test of the pole/VBRN though. I could sell at supply just above as well but it's already been tested once before so many of the orders are probably consumed. I would want good price action to confirm. You are profitable, I am not - criticism is much appreciated!
  • #458
  • Jan 7, 2013 12:33pm Jan 7, 2013 12:33pm
Quoting Kanzler
No offense taken - I enjoy these kinds of exchanges as they present a learning opportunity. Your ebook presentations are amazing and learning first-hand is even better. My thoughts are that it's possible for price to still rally from the demand level I outlined. If I sell from where price is currently at on that chart I have to risk the distance from my entry to above the supply zone. If price breaks below, I may have a good opportunity to enter on a re-test of the pole/VBRN though. I could sell at supply just above as well but it's already been...
sounds reasonable.
So take your line and we will see ... we might be right both ;-)

im still flat, no trade taken so far on eurusd this year.

best,
Jonas
Hero calls followed by margin calls...
  • #459
  • Jan 7, 2013 11:27pm Jan 7, 2013 11:27pm
Chart attached shows my main chart I will trade with. Upside momentum is definitely present with this chart. My thin dashed line at the 1.3119 price level seems to be holding steady on this time-frame.



I was expecting price to reach the 1.30772 area at some point, but as the low of the 50 EMA line has now passed this level, this is now going to seem unlikely. However I do think that price will still reach the top 50 EMA Level, meaning the support level at 1.30772 area will be broken, this though will be momentary and providing we have a close above the 50 ema level (after breaching it) I will be expecting to go long on the close of the next candle

Peace! x
Attached Image (click to enlarge)
Click to Enlarge Name: trade 3 setup.png Size: 33 KB
  • #460
  • Jan 8, 2013 7:45am Jan 8, 2013 7:45am
Quoting PhAnTi'
Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: 72.jpg Size: 99 KB


as planned,
good one !


have a nice day,
Jonas
Hero calls followed by margin calls...
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