Disliked{quote} And a pin bar could form on the daily later on signalling a buy - we'll have to wait and see.Ignored
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Disliked{quote} And a pin bar could form on the daily later on signalling a buy - we'll have to wait and see.Ignored
Disliked{quote} You mean considering the 30 Aug 105.59 level as LLS? This seems to me a very minor level. Maybe not to much selling pressure would be created by a fake breakout of that LLS to be useful to bigs?Ignored
Disliked{quote} Great! would be interesting to see your entry (if you can share). As its a slow moving pair would you be waiting for retest? Thanks, MaddyIgnored
DislikedA short explanation of the how to look for these levels and how to trade them for people not sure. {image}Ignored
DislikedGuys... Yesterday I watched a video on order flow partly... He mention that banks also have to bear a execution cost (may be spread) which is a big concern for them.. is it true????????.. Do banks or big boys also have to pay spread...or execution cost.... If they unable to find high liquid market for their big lots then this execution cost go high as price vary..... Sorry if this question is off the track but I like to learn more on this Order flow scenario.... What I think is once you understand the work behind the stage it is easy to understand...Ignored
DislikedHi Ghous, Great work with analysis of the big boys' play! I see people here are working hard to get the fake-out strategy on 4H charts, with some success and losses due to "fake" fake-outs. I am of the opinion that looking for fake-outs and using them would be much less stressful and successful on the daily charts, than on the 4H. I can see how it would present fewer opportunities for entry but they would be few "good ones" rather than more "bad ones". Again that's just my opinion. I kinda wish there were more threads like these...Ignored
Disliked{quote} I think you will find that the SP this occured at is a long way back in time, too long in my opinion. Also, the pullback is not part of a fake out setup, once it pulls back that far, we are probably already out of the trade. Or should be. Price has been trying to brake out of this consolidation since 2010, the current area of where price is, is tricky and it could find support there for a push up. I would not short this. right now. {image}Ignored
Disliked{quote} Well, this trade worked and best price keeps falling. but I play the take profit. The breaking of S & R is best, combining it with the price action. Ghous Thank you for your dedication, keep going. {image}Ignored
Disliked{quote} I recently saw a youtube video (im not linking it on purpose cause then i might be stamped as commercial member lol) In the example 75m was sold. The guy has some nice slippage of 1pip. (i think it was like 24m got filled at market price, then 25m with 0.5 pip slippage and the rest had 1pip slippage.) With this slippage they lost 7k more than without slippage. The example was supposed to be realistic... Anyway if you trade during the day (small swings etc) then you see how much this can mean...Ignored
DislikedThis is USDCHF Daily. I know it's not a "perfect" setup, we have no pinbar but seems to me quite the same theme, as we have a strong break up a LLS but no follow through, next bar (today's) comes back lower than LLS. What about?{image}Ignored
DislikedGhous, what are you thoughts on taking a trade as the candle closes on Friday - do you wait for Sunday/Monday to enter the trade?Ignored
Disliked{quote} Yes. He probably gave the example for the heck of it. In the real world no big trader in his right mind would want to execute the entire load via a single order regardless of how much liquidity is available. Also don't forget, these guys aren't really looking for situations with high liquidity, they are looking for liquidity vacuums that they can fill up. Its the only way they can trade. g.Ignored
DislikedThought so, but then I thought a gap in favour of the trade you would take, may then invalidate it due to SL size, then I thought but the gap would possibly fill, hence wanting claification - cheers!!Ignored
Disliked{quote} What do you mean by "they are looking for liquidity vacuums that they can fill up. Its the only way they can trade." StephenIgnored
Disliked{quote}Either ways its better to be out of a trade wishing you were in rather than in a trade wishing you were out. People tend to absolutely lose their minds if they were planning a on a trade and then "miss" it. Its totally fine to be doing that if it was all for the noble cause of risk reduction. g.Ignored
Disliked{quote} You'll know what I mean, when you go back to your charts and notice what usually ends up happening to major outbursts in either direction. g.Ignored
Disliked{quote} Ahhh so thats what you mean ahh got it! Just like todays NFP report. Bann out, and bamm back. Just beautiful what a nice vacuum can be left behind after a huge order... And then they got the high price. If some big guy sits on it at the top its an easy trade for lot of pips... (aka pushing back price into the vacuum, where it just falls back...) Thanks! (Is it what you meant? ) StephenIgnored