Price is what you pay. Value is what you get.
Trading research papers 12 replies
Will do statistical research for pips (or food) 8 replies
What research do you do when not trading? 19 replies
what's your daily morning research routine before trading? 15 replies
DislikedHere are my two trades I am in since tonight. Took a loss on an other GU short before but it's part of the game. NU and GU both turned where I expected it. SL at BE and let's see if we can get to target {image}Ignored
Disliked{quote} Not sure if I get this, Could you please rephrase what you just said Steve? g.Ignored
Disliked{quote} I am not sure what it is you don't get. The Matrix (Pun) quote about artificial manipulation of the markets or, the chart? Thanks for your detailed explanation as to why you changed your trading. Still not sure how you are entering, are you touch trading these. I am wondering if this chart would be a good example of an area you may look at. I know the pair is not great either in pip value nor conformity. If I get you right, if the high of this chart and the former double top, gets taken out but price closes below the highs, you will enter...Ignored
DislikedI will go back and read your posts on the GU. EDIT: Ok, so I am thinking that, the GU is basically a Daily SFP and validated in the same manner. Just that you are not using the ATR SL. And apart from you just mentioning you look for a long wick on the fake out bar, this is basically the recipe. Is this correct? Hmm, but come to think of it, did you not enter before that bar close? {image}Ignored
Disliked{quote} To begin with, the pin bar was headed straight into a big box of consolidation and immediate trouble area in that prior swing low hovering just above the pin bar. Always remember that price will take the path of least resistance. Here it was caught up between the order flow that triggered the pin bar and the bearish order flow being sourced from that consolidation box/FTA/PPZ. {image} Look at the bar that tried to penetrate the consolidation box and only ended up closing back under the it (the one I have a down arrow on). If this was some...Ignored
DislikedOk Ghous. 1: So, you are using the SP as we would in an SFP, just that it was not an SFP because price closed above the SP? 2: You are waiting for the next bar to close and watching where it closes? If this is correct, I will continue? Please see chart. {image}Ignored
Disliked{quote} Ghous! - I know how much of your precious time can be consumed by such a post! I appreciate it A fully detailed answer - 100% what i was looking for. I will read it a couple more times I guess... And no, - this new information doesnt make me dizzy. With this i just realize how much i still have to learn before thinking of going live... In the last 1 week i have learned a LOT from you guys. (Cheap joke there - lot, and LOT haha ) It's always a good thing to get new things in our toolbox - so that at demoing or back-testing...Ignored
DislikedClosed out the trade for a loss. Now you know why this thread is called "The HCR-LCS + SFP Research thread". Let's see what the next one does. {image}Ignored
DislikedCannot complain about a lack of good setups today. USDCAD with a RR at a very nice level. Edit: Very quick run to the target {image}Ignored
Disliked{quote} Hi, I had a question about this trade. When zooming out on the charts at the time the trade was made it looks like price was still in a downtrend since around June 17th and was still making lower highs and lower lows. In this context isn't it risky to go long at this point?Ignored
DislikedCannot complain about a lack of good setups today. USDCAD with a RR at a very nice level. Edit: Very quick run to the target {image}Ignored
Disliked{quote} I want to see price take off above an HHR. I want to see it get rejected. I want to see it close back under the HHR with ease (i.e without using the HHR as support too much). Ideally you want all this action to take place within 1 bar so that it gets contained inside a wick formation. In some cases such as the USD/NOK you get the same action very clear and obvious off a great location with good space only that it happens in more than one bars. In this case it happened on 2 bars. I consider such situations as well but like I said these are...Ignored
Disliked{quote} Ok Ghous I am building a chart to get imaged in my brain. This is correct, so far right? EDIT: I also posted a GU setup which, if I am on the right track, was not an entry? {image} {image}Ignored
Disliked{quote} Ok Ghous I am building a chart to get imaged in my brain. This is correct, so far right? EDIT: I also posted a GU setup which, if I am on the right track, was not an entry? {image} {image}Ignored