another one...
Oskar
Oskar
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
DislikedHi guys! Just having a quick question on the following EURJPY chart. What I saw: -We had a strong trend (black line) and it was broken. Fantastic. -We had then this minor PPZ (green line which was an ex-HCR. -We had this nice 130 MAJOR BRN. Broken as well. -We got this mini Pinnish inside bar. As I have looked through some IBs the last month this shape is the best for sort. (Yeah however the size is of the former bearish bar is not that great but whatever.... -My FTA would have been the pink zone. Bar lows etc. Price broke and then in 2 days i got...Ignored
Disliked{quote} Hi, first of all, you need to understand the environment you are placing the trade in. Price doesn't trend as you wrote, actually it is the opposite, we are stuck in a choppy consolidated environment (see the big pink box) full of trouble areas and no space for price to run into. Now, your entry is initiated by a weak break of the so-so trendline. In such kind of a setup there is really very few things on our side, so the risk management should be trated accordingly = tight. Notice the small white box and its PPZ that runs in the middle...Ignored
Disliked{quote} Hi, first of all, you need to understand the environment you are placing the trade in. Price doesn't trend as you wrote, actually it is the opposite, we are stuck in a choppy consolidated environment (see the big pink box) full of trouble areas and no space for price to run into. Now, your entry is initiated by a weak break of the so-so trendline. In such kind of a setup there is really very few things on our side, so the risk management should be trated accordingly = tight. Notice the small white box and its PPZ that runs in the middle...Ignored
DislikedHi Pinbar! How do you draw normal rectangles on your chart? (Where only the lines of the rectangle are visible? BTW you were right - after watching more jarroo videos jarroo DOES usually wait for 4H 1H PA confirmation and he might close out if a 1H (or a 4H) closes below. However as I see this trading style requires full attention - aka sitting in front of PC (to wait for 1H confirmation, to manage trade when the first High/Low was hit - maybe reenter etc... PS: Could you answer my question about the EMAs and Multi TF EMAs? Thanks....Ignored
DislikedLooks like part of the bigger picture to me. Let's see what Ghous thinks about this possible scenario. {image}Ignored
Disliked{quote} Agreed. Price is still pretty much caught up in the wedge and there isn't much fun trying to decipher what its doing while its in it. Of course things get interesting when price decides to break out or fake out. g.Ignored
DislikedGhous I am thinking our reasoning for passing on a trade are equally if not more important as the reasons to take a trade. The charts shows, why I am not considering this one. Your comments on my logic, both good and bad, are greatly welcome. {image}Ignored
DislikedJust remembered that, I was supposed to wait for the daily close. Probably, a psychological sabotage plan by my mind because of waiting for the entry. Another reason to scan the charts Daily. {image}Ignored
DislikedGhous I am thinking our reasoning for passing on a trade are equally if not more important as the reasons to take a trade. The charts shows, why I am not considering this one. Your comments on my logic, both good and bad, are greatly welcome. {image}Ignored