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The Price Action

  • #41
  • Mar 18, 2013 1:13pm Mar 18, 2013 1:13pm
i think there is an example of a trade a few bars back on AU H4 chart. price turned at the same point at which it turned previously where price later tested the level..

maybe i need to draw a picture but to me it is saying "here is buyers still" and price went up from it. and here is the picture, hope you understand.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 33 KB
  • #42
  • Mar 18, 2013 1:17pm Mar 18, 2013 1:17pm
Well, I feel the need to join you on this thread 'cause I use naked c-stiks and no other indicator in my trading style. Like the thread owner already explained, everything you need to know is in the charts. Who doesn't understand that shouldn't trade at all. EA's, some quasi "state of the art indicators" are just plain BS. I was curious and tested a bunch of these indis. Conclusion: They all suck!

As a good friend of mine said, a not so long ago, the real traders ( ones that make a living by trading) use plain charts. I am doing the same for 6 months now. Deleted all the crap from my charts and enjoy in naked c-sticks.

What I wanted to point out is that I don't like long lasting trades, rather short, a couple of minutes. My chart setup is M1, M5, H1(H4). I use H1(H4) to determine the market trend and important S&R. Trade on M5 and look for early entry on M1.
NO PAIN NO GAIN
  • #43
  • Mar 18, 2013 1:18pm Mar 18, 2013 1:18pm
IMPORTANT NOTE

Hi everyone) I have received some emails and private messages and people were complaining me about just covering the basic stuff so far.This thread is intended for the new bies,it was not intended for the ones trading for years.So that,s why i am starting with the basic stuff.As time goes on i will switch from basic to the advance .
Thanks
Tahir
PRICE IS EVERYTHING
  • #44
  • Mar 18, 2013 1:52pm Mar 18, 2013 1:52pm
Tahir, I am very sorry if You feel offended in any way.
I did not mean to offend anybody.
I just thought, that if this is for newbies, they deserve to understand the very basics of PA.

I am also very sorry to hear that someone who understands PA and trades PA,
does not understand Consolidation. I was hoping I finally found someone who understands.

I did not write that smaller timeframes are more reliable!
I wrote that PA applies to every Timeframe in the same way.

There is no noise on the charts, only more precise and less precise information.

The less precise information is visible on larger Timeframes.
But larger Timeframes give a larger picture, that is why they are easier to trade.

Anyway, I only ment to add to your thread, that is all.

I thought about starting my own thread, because You are God here.
After more thought I decided not to start my own thread, because I am trading,
not looking for followers.

Posting takes time, I need the time for trading, not discussions.

Whishing You All The Luck, and May The Price Always Hit Your S/R Levels!
Trade the facts, not opinions.
  • #45
  • Edited 4:27pm Mar 18, 2013 2:39pm | Edited 4:27pm
I just realized something, and I need Your answer Tahir.

Looking at Your GPBUSD Weekly chart, you mean to say you understand PA,
yet you are going to wait maybe 2-3 weeks for the price to maybe retrace
421 Pips in order to open a trade? You are not going to take the 421 Pip potential?

If you are already assuming that the price is going to retrace, and you are not taking the opportunity,
just waiting 2-3 weeks or longer, then where is the logic, mate?

And assuming has nothing to do with PA.
PA is all about reading Price Action and assuming nothing!

http://charts.mql5.com/1/169/gbpusd-w1-fxsalt-ltd-3.png

When PA is clearly showing a forming Demand Zone?

http://charts.mql5.com/1/169/gbpusd-h4-fxsalt-ltd.png
Trade the facts, not opinions.
  • #46
  • Mar 18, 2013 2:51pm Mar 18, 2013 2:51pm
@evilmeatball

Your trade was perfectly logical.
The trend is clearly visible with the naked eye.
There is the Demand Zone, if you can see PA.
Plus there was a gap. Gaps, usually will be closed.
Trade the facts, not opinions.
  • #47
  • Mar 18, 2013 3:44pm Mar 18, 2013 3:44pm
bro..i like your explanation..
  • #48
  • Mar 18, 2013 6:42pm Mar 18, 2013 6:42pm
Quoting danc
Oh.. terribly sorry.. i promise i WONT post again.. VERY sorry hope i didnt offend any one........Thank you for pointing it out to me.. i was so looking forawrd to posting on this thred..gees got it wrong again..so much for the angel number
in reply to your post about my moving average..
  • #49
  • Mar 18, 2013 7:40pm Mar 18, 2013 7:40pm
Quoting Dadas
I just realized something, and I need Your answer Tahir.

Looking at Your GPBUSD Weekly chart, you mean to say you understand PA,
yet you are going to wait maybe 2-3 weeks for the price to maybe retrace
421 Pips in order to open a trade? You are not going to take the 421 Pip potential?

If you are already assuming that the price is going to retrace, and you are not taking the opportunity,
just waiting 2-3 weeks or longer, then where is the logic, mate?

And assuming has nothing to do with PA.
PA is all about reading Price Action and...
Hahaha)) Thanks for telling me about the consolidation actually i never heard about it before(sarcastic) and yea that,s the way i trade with a lot of patience and discipline.I don,t rush things and in the markets being super patient and extra picky pays off.Well i also trade lower time frames such as intraday and daily.And i saw your thread good luck with it))
PRICE IS EVERYTHING
  • #50
  • Mar 19, 2013 5:10am Mar 19, 2013 5:10am
Tahir,

Nice and smoooth, but You have not answered any of my questions!

Good Luck to You, too!

No sarcasms from me!
Trade the facts, not opinions.
  • #51
  • Mar 19, 2013 7:16am Mar 19, 2013 7:16am
Tahir,

You say you want to help people.

I am one of the people.

You want to Sell me on Your method.

I have the right to ask questions.

You must be ready to answer people's questions if
You want to help them.

So, again, I will ask my question clearly:

You are telling me to ignore potential 400 plus Pips when
Cable is at the bottom of the Bearish trend and has just bounced off strongly
in the Bullish direction.
You are telling me to be patient and open a Sell trade at a potential resistance level
and wait for this a couple of weeks.
You tell me to be patient.

What is my expected reward for my patience?
How many Pips am I to wait for?
And how long will I wait for them?

http://charts.mql5.com/1/173/gbpusd-mn1-fxsalt-ltd.png
Trade the facts, not opinions.
  • #52
  • Mar 19, 2013 7:41pm Mar 19, 2013 7:41pm
Forex4worth,
you claim to be a full time professional trader.
Admittedly this method that you are promoting is nothing new, very basic and should take anyone very little time to learn, but do you really feel that you are qualified to come here and teach?
Why not just direct people to the thread in Babypips.com that you have plagiarised.
I'm not sure if links are allowed but here it is
http://forums.babypips.com/free-fore...ce-action.html

If the link is removed by the mods, it is called "Forex Price Action" and the threadstarter was "Forex School Online"

It is obvious from your posts in that thread in mid January that you were a total newbie without a clue about trading (see #6466).
It's amazing that in such a short time you have transformed from a newbie into a full time professional PA trader. You've done extremely well, Congratulations
Please Do Not PM Me With Coding Enquiries
  • #53
  • Mar 20, 2013 9:40am Mar 20, 2013 9:40am
Quoting Gumrai
Forex4worth,
you claim to be a full time professional trader.
Admittedly this method that you are promoting is nothing new, very basic and should take anyone very little time to learn, but do you really feel that you are qualified to come here and teach?
Why not just direct people to the thread in Babypips.com that you have plagiarised.
I'm not sure if links are allowed but here it is
http://forums.babypips.com/free-fore...ce-action.html

If the link is removed by the mods, it is called "Forex Price...
professional traders shouldn't use uncommon system or sophisticated analyze. they could be using the simplest and basic rules of forex and market.
remeber emotion number 1, the rest is number two
  • #54
  • Mar 20, 2013 1:15pm Mar 20, 2013 1:15pm
22-5=17 ???

Still, no answers.
Trade the facts, not opinions.
  • #55
  • Mar 20, 2013 11:37pm Mar 20, 2013 11:37pm
Quoting forex4worth
INTRODUCTION
Hi everyone)
My name is Tahir Sultan.I am 22 and a full time price action trader.The only thing i use for my trading is the raw price without any indicators on my charts.I seriously discourage the use of indicators as they simply create confusions and they don,t provide us with something which gives us the high probability of success in the markets for the long time period.The markets are changing constantly and more than often they provide us wrong signals.As a price action trader you will get change with the changing markets...
I have to say Tahir I am amazed at your level of BS.

Before I go on let me make it absolutely clear I make no claims to have invented anything whatsoever. There are far smarter people than I for that, but what I have done is created a method that works and have added personal tweaks so that it can be easily taught to others.

Now what annoys me is that I have spent a lot of time on you personally answering your questions about what support and resistance is and swing points etc because a few months ago you did not understand what these were. Now a couple of months later you are a professional and full time trader? (you were asking what the difference is with 4 and 5 pip brokers are and what to do with each, only a few months ago) I sincerely hope you have not taken the leap yet as one or two months of winning trades does not equate something you will be able to do for years on end.

The next problem is you are in the very early stages of learning yourself and are no state ready to start helping anybody bar yourself. This worries me the most. I can see people are starting to see through this thread already. People are very smart and a lot smarter than you are giving them credit for. They can smell BS a mile off.

I wish you all the success Tahir, but don't treat people as fools and don't teach what you know little about.

If anyone wants to learn what this method is actually about with people who have been trading it for many years (nowt weeks or months) they can see it at for free at BP's forum here: http://forums.babypips.com/free-fore...ce-action.html

Safe trading all,

Johnathon Fox
  • #56
  • Mar 21, 2013 5:31am Mar 21, 2013 5:31am
this is so disgusting, such a lie. Jonathon taught you everything and gave to the thread on BB as much as he could and you come here try to offer something you do not even understand. Even your first post was posted on BB and you were asking us why it didnt work. Shame on you

Hawk michalkraus
  • #57
  • Mar 21, 2013 12:04pm Mar 21, 2013 12:04pm
Now, this is really something funny.
It is turning into a commercial thread?
3 commercial links already?

Nothing personal, just a thought.

Greetings to you all!
Trade the facts, not opinions.
  • #58
  • Edited 4:51am Mar 22, 2013 3:07am | Edited 4:51am
Quoting Forex School
I have to say Tahir I am amazed at your level of BS.

Before I go on let me make it absolutely clear I make no claims to have invented anything whatsoever. There are far smarter people than I for that, but what I have done is created a method that works and have added personal tweaks so that it can be easily taught to others.

Now what annoys me is that I have spent a lot of time on you personally answering your questions about what support and resistance is and swing points etc because a few months ago you did not understand what these were....
Ok listen to me first of all i would like to congratulate you for bringing your so called "Forex school Online" into the forex factory.Last year you did same thing and that,s why baby pips banned you because such places are not for commercial activities.What,s wrong with that if i want to help people here? As i already said i didn,t invent this method and i learnt it from someone else which is you.The only thing which pissed you off is because this is not fair for the forex school online marketing?Do i have to get your permission for helping people here?By showing such a cheapness today you loose all of your respect in my eyes which i had for you because i really learned a lot from you.Offcourse i am not like you i am young and not expereinced in forex like you but what i teach people here so far and what i am going to be is true and helpable because i expereinced that.That,s why i opened this thread to tell people how simple trading is it,s the people like you who are trying to make trading a rocket science because if people will get out of confusions there will be one left to buy a course at forex school online.You need simple method with a money management and psychology to take profits from the markets thats,s it.In your years of expereince you are repeating the same thing again and again.I am far better than you at least who is willing to spend his time helping new bies for no reward at all.You have teached many people so far so what you gonna do if one day they decided to help other people free of cost? You gonna kill them all because this is not fair to forex school online lolz? You came here and posted on this thread no because you care about the people here who i am teaching bullshit lolz because this is not to forex school online hahah)) No one can ever stop me to help people here.By the way today i noticed you banned me from your thread on babypips i am a gulity person who tried to help other people without charging them.
PRICE IS EVERYTHING
  • #59
  • Mar 22, 2013 3:08am Mar 22, 2013 3:08am
Quoting Dadas
Now, this is really something funny.
It is turning into a commercial thread?
3 commercial links already?

Nothing personal, just a thought.

Greetings to you all!
Hahaha) yea i made him register with forex factory lolz and also gave him some advertising space here for his forex school online.
PRICE IS EVERYTHING
  • #60
  • Mar 22, 2013 3:12am Mar 22, 2013 3:12am
Quoting dipie
this is so disgusting, such a lie. Jonathon taught you everything and gave to the thread on BB as much as he could and you come here try to offer something you do not even understand. Even your first post was posted on BB and you were asking us why it didnt work. Shame on you

Hawk michalkraus
What i had lied? Go away and i know what i am doing here mate.
PRICE IS EVERYTHING
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