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''Trading Price II'' by PhAnti - have fun

  • #521
  • May 9, 2013 4:04am May 9, 2013 4:04am
Quoting Brano222
Hey guys, I'm trying to look for S/D zones mainly on 4H and daily charts and I'd like to hear your opinion about this zone. There's a big round number 1.0000 and I think it has never been tested but according to sam seiden's rules it is too wide and I'm waiting for some reversal pattern on lower timeframe. What do you think? Thanks for any opinion. {image}
yes it is ''too wide'' but it is untested and a very big round number, so check for price action offering you a bullish signal, then buy this shit

regards,
Jonas
Hero calls followed by margin calls...
  • #522
  • May 17, 2013 11:10am May 17, 2013 11:10am
Thank you for answer, I took that trade and it's still going up. I was thinking about Sam Seiden's odd enhancers and one of them is:
The less time price spends at a level, the more out of balance supply and demand is at the level.

I get it - price went strongly Up/Down from level so some orders were not filled and when the price will get back we can follow them and profit from them. My question is: How do we know these orders were on that particular level for the first time (that level could be uninteresting and so no institution would place there any order)? Is it just about probability, MM and using bigger RRR (for now I use at least 1:3 as 1st TP) or is there any way to determine if orders were there or not?
  • #523
  • Aug 20, 2013 8:34am Aug 20, 2013 8:34am
Phanti,

I loved your book but it still leaves me with questions. No matter how much I read on the subject of Supply and Demand, no one ever explains what to look for when determining if an area is supply or demand. It it a candle pattern, volume activity, what??? This is the most confusing part for me.

Tom
  • #524
  • Aug 20, 2013 10:20am Aug 20, 2013 10:20am
Quoting tburg
Phanti, I loved your book but it still leaves me with questions. No matter how much I read on the subject of Supply and Demand, no one ever explains what to look for when determining if an area is supply or demand. It it a candle pattern, volume activity, what??? This is the most confusing part for me. Tom
You must look at the price and see what it is telling you at around these levels. In other words, what the price action is doing at the S/D zones.
MT4/MT5 EAs/Indicators/Alerts coder
  • #525
  • Nov 5, 2013 2:33am Nov 5, 2013 2:33am
Phanti,

I wanted to say Thank You.
Your ebook is very helpful, one of the best materials I have found.
Lot of examples, all in one place, with comments: this is exactly what is needed to learn.

I'd like to vote in the poll, but I cannot or I do not know how to... I wonder if it is because I am a junior member, but I wanted to say thanks and good luck!
Michal9
  • #526
  • Jan 13, 2014 12:24am Jan 13, 2014 12:24am
hi small elephant,
thanks for sharing your good work, please keep it up.
thank you, Phanti.
regards
hukam
  • #527
  • Jan 15, 2014 8:38am Jan 15, 2014 8:38am
Hi guys,

thank you for your posts


hope you could improve your trading,


all the best..


Jonas
Hero calls followed by margin calls...
  • #528
  • Jan 15, 2014 9:06am Jan 15, 2014 9:06am
Thank you for this... You're a good dude....
SPC * Swollen PocketZ Crew!
  • #529
  • Jan 28, 2014 5:30am Jan 28, 2014 5:30am
Quoting JoeNY
Thank you for this... You're a good dude....
Hero calls followed by margin calls...
  • #530
  • Jan 28, 2014 5:34am Jan 28, 2014 5:34am
Quoting PhAnTi'
Hi guys, thank you for your posts hope you could improve your trading, all the best.. Jonas
Hi PhAnTi' Bro,

Nice to meet you again...
Give something IMPORTANT issued about MT4 Platform - will New Updates on February 3, 2014. :nerd:

All about MT4 Program, Indicator, Script & EA
Always looking the GREAT, never left GOOD Point...
  • #531
  • Jan 28, 2014 5:35am Jan 28, 2014 5:35am
Quoting Tsar
{quote} Hi PhAnTi' Bro, Give something IMPORTANT issued about MT4 Platform All about MT4 Program, Indicator, Script & EA

what do you exactly mean? :/
Hero calls followed by margin calls...
  • #532
  • Jan 28, 2014 5:40am Jan 28, 2014 5:40am
Quoting PhAnTi'
{quote} what do you exactly mean? :/
Read in All about MT4 Program, Indicator, Script & EA thread's, please.

I given a lot Information in there...
Always looking the GREAT, never left GOOD Point...
  • #533
  • Jan 31, 2014 10:57pm Jan 31, 2014 10:57pm
Thank you kindly for the book.

I downloaded Trading_Price_II.

Should I be reading the first book? If so, is their a link to the first book.

Thank you
  • #534
  • Mar 3, 2014 4:49am Mar 3, 2014 4:49am
Hey PhAnti, I downloaded your books, both pI and pII, will give you a a review as soon as I finish them.

Glad to see young people involved in this world (21 here too).

All the best.
  • #535
  • Apr 30, 2014 7:24am Apr 30, 2014 7:24am
Hi. I just downloaded Ph II. Looks like this is going to be a good read. Thanx for sharing this info. Is Ph1 a prerequisite for PhII or is PhI1 a updated/revised version of Ph1? Thanx
  • #536
  • Apr 30, 2014 7:48am Apr 30, 2014 7:48am
Quoting TraderDTP
Hi. I just downloaded Ph II. Looks like this is going to be a good read. Thanx for sharing this info. Is Ph1 a prerequisite for PhII or is PhI1 a updated/revised version of Ph1? Thanx

well part II goes into more detail. But you dont need to read 1. to understand 2... If you are a rookie you should start with part 1 though.

Happy reading

Regards,
J
Hero calls followed by margin calls...
  • #537
  • Apr 30, 2014 7:51am Apr 30, 2014 7:51am
Quoting InsiderFX
Hey PhAnti, I downloaded your books, both pI and pII, will give you a a review as soon as I finish them. Glad to see young people involved in this world (21 here too). All the best.
http://www.forexfactory.com/showthread.php?t=352479

Hero calls followed by margin calls...
  • #538
  • Apr 30, 2014 9:39am Apr 30, 2014 9:39am
Hi PhAnTi', saw your post on GBPUSD thread that you're holding GBPUSD short. May I know the price action which convinces you to take the trade?

I've been avoiding GBP and EUR for the past few weeks as I feel their price actions are kind of frustrating to trade.
  • #539
  • Apr 30, 2014 10:21am Apr 30, 2014 10:21am
Quoting _Anonymous_
Hi PhAnTi', saw your post on GBPUSD thread that you're holding GBPUSD short. May I know the price action which convinces you to take the trade? I've been avoiding GBP and EUR for the past few weeks as I feel their price actions are kind of frustrating to trade.
u
If PhAnTi has a 'short' position on GBP/USD, depending on where his STOP Loss is- that trade may be successful in the long run. Today it's making new DAILY highs. I have a pending order to 'short' that pair if it climbs up to 1.6900. It's been my experience that when u short a pair when it's hit a new 52wk high - those trades turns out to be big winners (ie...100+ pips). So don't count out PhAnTi's 'short' trade - yet.
  • #540
  • Apr 30, 2014 10:57am Apr 30, 2014 10:57am
Quoting TraderDTP
{quote} u If PhAnTi has a 'short' position on GBP/USD, depending on where his STOP Loss is- that trade may be successful in the long run. Today it's making new DAILY highs. I have a pending order to 'short' that pair if it climbs up to 1.6900. It's been my experience that when u short a pair when it's hit a new 52wk high - those trades turns out to be big winners (ie...100+ pips). So don't count out PhAnTi's 'short' trade - yet.
But considering the recent bullrun which extends more than 2000 pips, isn't 100 pips profit 'too low' compared to the potential risk (in the event of GBP keeps raging).

My chart tells that we're going to hit a major supply are around 1.7000, and we can see divergences forming on Daily. So my gut feeling is we may have a nice correction (might be in magnitude of few hundreds pips) but before seeing a good price action on the supply area I don't dare to short it yet. I got burnt badly on trying to pick a GBP top during this bull run so I'm trying to be more careful this time.

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