for my eyes get accustomed
for better see the signal, I practice.
Persian Gulf forever
The Price is Right: Trading Price Action 219 replies
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Disliked{image} Just want to confirm this EU is breaking up from consolidation area? or do I need a bigger candle to consider a valid break up? PS: trying to forward test break from consolidation thanks in advance please slap me if I'm wrongIgnored
DislikedCurrently for my eyes get accustomed for better see the signal, I practice.Ignored
DislikedI'm really sorry sir please forgive me if any of my word offend you.. {image} There from M30 on blue rectangle would you consider it a PTECZ? My analysis would be as follow: after accumulation of sell from around 1.3112 looks like seller doesn't like to sell below 1.3039 so the price consolidate or there is buyer who willing to buy at that price. after consolidating price jumped and make that long low shadow as PTECZ zone confirmation (if I'm read it right since I just started reading the chart the way you do today) so from that point I might consider...Ignored
Dislikedone more thing out of topic what reason behind using 5 digit broker from your point of view?Ignored
Disliked{image} {image} there is the M5 and M1 what is it? Glad if you're not offended then since I'm going to learn a lot from you it's not a good idea to make you angry we say in my country good seed = good crop, bad seed = bad crop I've read through from post 1 what I'm trying to ask is confirmation of your PTECZ maybe later I'm going to post live order and the analysis rather than posting chart like before oh want more thing about my analysis what do you think of it? since in D1 right now price is consolidating but not PTECZ can we play tik tak...Ignored
DislikedLook carefully at your Candles, look carefully at my Candles, one by one: {image} You have missing data. Your broker is probably Dealing Desk Broker. He will play against you. If you lose money, he is happy. If you win money, he will make your trading difficult! I wrote about it earlier. You have big spreads, 3 Pips on EURUSD. I have even 0.1 Pip on EURUSD. There are 3 kinds of brokers: Dealing Desk (DD), Straight Through Processing (STP), Electronic Connection Network (ECN). Please find information on the internet. There is a big difference. I...Ignored
DislikedThere are good MM brokers and bad... same for ECN/STP. Brokers usually dont play against specified traders and if they do then they usually last for very short time in this market. If you have 0.1 spread on STP/ECN broker then you pay commission for sure which might amount for 1 full pip. I see you are trading thru Fxsalt which claim to be ECN ... and thats good but you might aswell trade on Oanda which isnt ECN but their bussines model is really good + they are a lot longer on the FX market and have a better reputation. Different strokes for different...Ignored
Dislikedyes there is no shadow on many of my candles, guess it's time to consider finding a new broker so the best is following the big picture momentum then, since I'm not quite good at processing too much information which time frame do you suggest to see the big picture (I'm mainly using M30 or M15)? looking forward monday this weekend I'm going to practice it on simulator Thank you sirIgnored
DislikedYes, you are right. I have Oanda MT4, too, I have tested many different brokers' charts, from all over the world. But FxSalt shows better and more. Commission is no problem. You are right that a few tens or a Pip go to the Broker, but I have no lags, no requotes, everything goes through, and on GOLD spread is 2.2 Pips, now. It is variable, I have seen 7 Pips for a short while, at times, there are times it drops down to 1 or less Pips. Show me another Broker like this. Try, it is a different experience! PS. DD or MM brokers do not play against a...Ignored
DislikedHi Dadas, I have got your file in meta editor on my platform but can't get it to load.....I've fiddled about with everything .....but no luck. I'm sure it is very much the same as other platforms on here mt4. Grateful for any help. ThanksIgnored