Mastering Swing Trading using Market Framework 435 replies
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Mastering Price Action - tunguska Journal 18 replies
DislikedThank you very much for the warm welcome ghous. My thought on the EURGBP. Are you not concern with catching a falling knife scenario with this set up? Looks like some bears cornering profit than a fakeout to me. The distance from the close of the bar to FTA is just mere 30-40 pips. So from a reward to risk perspective, the set up doesn't provide a nice return. Supposing the LLS holds on the 4hr, are we not taking counter trend trade here?Ignored
DislikedJust my Lamy thoughts... EurSgd is a definite no-go... I think GBPDKK has the most space... EG has the most confluence, which might makes it a higher probability trade. EC looks good too.. but i don't know. I just got this feeling if something was missing here... Maybe the confluence? However note that we got 3 pairs with EUR in it. We have to pick the best one. (Cause if we pick all of them and EUR has a bad day... Well, then we are in trouble...) PS: Since this fakout-stuff will be part of my system now on, I will spend here waay more time...Ignored
Dislikednice thread, love to read about new methods! here is a chart of german deutz on weekly. only for discussing the pros/cons of a setup. go for it... {image}Ignored
Disliked{quote} I just added my comments seniors may reply... I want to see whether I am getting this method right.... I think this is not a gud set up...... {image}Ignored
DislikedThank you very much for the warm welcome ghous. My thought on the EURGBP. Are you not concern with catching a falling knife scenario with this set up? Looks like some bears cornering profit than a fakeout to me. The distance from the close of the bar to FTA is just mere 30-40 pips. So from a reward to risk perspective, the set up doesn't provide a nice return. Supposing the LLS holds on the 4hr, are we not taking counter trend trade here?Ignored
DislikedJust my Lamy thoughts... EurSgd is a definite no-go... I think GBPDKK has the most space... EG has the most confluence, which might makes it a higher probability trade. EC looks good too.. but i don't know. I just got this feeling if something was missing here... Maybe the confluence? However note that we got 3 pairs with EUR in it. We have to pick the best one. (Cause if we pick all of them and EUR has a bad day... Well, then we are in trouble...) PS: Since this fakout-stuff will be part of my system now on, I will spend here waay more time...Ignored
DislikedI'll be adding more videos to the You tube channel in the coming week/s. Let me know if you guys would need any specific topics to be discussed via a video. I am also planning on a section for very basic videos for total newbies. So if you're in that group, post up a question you think confuses you like hell and you would like a video explanation for it. PS. I won't have all day to do, produce and upload videos so I might have to pick and choose the topics I feel make the most sense to do a video on. g.Ignored
Disliked{quote} We are not catching a falling knife with bare hands and palms outstretched. We are standing whistling the beats of our favorite song and as it falls to the ground, next to us, we merely bend down and pick it up from the end its supposed to be picked up. You see we are catching a "fallen" knife and not a "falling knife" lol. We're being as safe as one could possibly be in doing that action Analogies aside, the idea isn't to buy straight into strong bearish bars, but to rather wait for it to hit a swing low and give us solid evidence...Ignored
Disliked{quote} Points well taken. I will have this pair in my list this week. USDCHF too.Ignored
Quoting PinbarDislikedWhat is there to watch on USD/CHF this week?Ignored
Disliked{quote} Hi Ghous, Great thread. I think I possibly speak for many in saying that spotting a swing failure pattern is pretty easy, but correctly identifying potential trouble areas and targets is more subjective, so I for one, would appreciate a video on that! Cheers!Ignored