FTA can be everything that might be a clue for price to turn or stop for a while.
Hero calls followed by margin calls...
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} pivots are being calculated based on previous highs and lows. S/R depends on every traders definition / analysis but all in all S/R levels appear where price was often likely to turn at. FTA can be everything that might be a clue for price to turn or stop for a while.Ignored
Disliked{quote} how can we determine an FTA in a chart sir? If its ok,could you show an example of FTA? thank you phanti.Ignored
Dislikedthanks phant. what platform are you using sir? how did you identify that FTA? do we have a material or thread regarding FTA?Ignored
Dislikedthanks phant. what platform are you using sir? how did you identify that FTA? do we have a material or thread regarding FTA?Ignored
DislikedNice area to watch on the USDCHF daily chart. What do you think about it? {image}Ignored
Dislikedthanks phant and patapouer. phant, the link you posted says invalid/session expired.Ignored
Disliked{quote} why not if you are feelin well and familia doing so... I always try to avoid fighting the trend... this will bring you in trouble earlier or later....Ignored
Disliked{quote} Thanks. But, how do you determine the trend?, If I look at the daily, it seems down / consolidation but weekly seems up. what TF do you look in order to determine the trend? Thanks!Ignored
Disliked{quote} Hey Dan I don't use any indicators myself. After awhile you know what they are going to say without being on your chart. For example MACD most use for divergence but after awhile you can spot that divergence quite easily without that indicator. So for me over the years I've just left my chart blank as it's easier to see what's going on for my mind. For me the best use of my time spent with DS was just getting a deeper understanding about markets(in general) as well as understanding what it is one is trying to do with their methods. I was...Ignored