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  • #1,861
  • Apr 24, 2014 2:47am Apr 24, 2014 2:47am
Here is another example of identifying the S/R levels on higher TF ( M ) and look how the P reacted on D chart...very simple and very predictable :
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Nothing personal,just business
  • #1,862
  • Apr 24, 2014 2:54am Apr 24, 2014 2:54am
Quoting fxgroup
Could you explain in details why are you waiting for long entries ?

The monthly is in range, the last month candle close in the range(but not exactly at the bottom). On the weekly I see a level at the range where the price close above/below. The last weekly candle close above it.
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  • #1,863
  • Apr 24, 2014 3:43am Apr 24, 2014 3:43am
Quoting fxgroup
Here is another example of identifying the S/R levels on higher TF ( M ) and look how the P reacted on D chart...very simple and very predictable : {image} {image}

Thank you fxgroup, definitely a pair that I will be watching during the next weeks. If there could just please be a little more movement in FX...

Greetings and best wishes to all.

M.
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Be like water.
  • #1,864
  • Apr 29, 2014 5:41am Apr 29, 2014 5:41am
The aniversary kept me away of chart...but now...back to work:

CHFJPY...it just can not be simplier than this
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  • #1,865
  • Apr 29, 2014 6:18am Apr 29, 2014 6:18am
Hi, I'm trying to learn PA and I really appreciate all the charts. I'm too inexperienced to know whether I'm drawing the correct conclusions from the charts. Taking some of the recent charts as example...

Quoting fxgroup
Here is another example of identifying the S/R levels on higher TF ( M ) and look how the P reacted on D chart...very simple and very predictable : {image} {image}
Umm... how exactly did it react? So the M showed an R at 1.48620 that was broken, which turned into S. And the D shows..... ?? I'm not sure what it's showing. A range market? That monthly S is a strong daily R and a good call to short? Or ... something else?

Quoting fxgroup
The aniversary kept me away of chart...but now...back to work: CHFJPY...it just can not be simplier than this {image}
Ok for this chart, so it looks like a strong triangle is forming and 115.63 being R, is going to see P break up and out of the triangle?

It's supposed to be very obvious and simple, but I'm not sure whether what I'm seeing is what others are seeing.... I'm hoping someone could enlighten me...
  • #1,866
  • Apr 29, 2014 8:09pm Apr 29, 2014 8:09pm
Quoting aberrant80
Ok for this chart, so it looks like a strong triangle is forming and 115.63 being R, is going to see P break up and out of the triangle? It's supposed to be very obvious and simple, but I'm not sure whether what I'm seeing is what others are seeing.... I'm hoping someone could enlighten me...
No, he's showing how price is respecting the triangle. Moreover, price is still inside, therefore we can't know wether it'll break out from above or below.
  • #1,867
  • May 5, 2014 3:24am May 5, 2014 3:24am
Just simple as it could be....3M
WPD = PB at the RM's S....WPG = to the RM's R
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  • #1,868
  • May 6, 2014 8:31am May 6, 2014 8:31am
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Greetings! This is my first SS. .

Gbp Jpy.
waiting the price BO and confirmation.
  • #1,869
  • May 7, 2014 11:13am May 7, 2014 11:13am
cadjpy M: the power of RMs...
http://s25.postimg.org/rnlcb8wtr/cad...07_05_2014.png
free image upload
cadjpy W:
http://s25.postimg.org/gciomvpyn/cad...07_05_2014.png
host immagini
cadjpy D:
http://s25.postimg.org/a03jd1mwf/cad...07_05_2014.png
image share
  • #1,870
  • May 7, 2014 2:59pm May 7, 2014 2:59pm
Nice trade Matteo...but you have to be carefull because of the IPB's size that requires a tight MM !
Nothing personal,just business
  • #1,871
  • May 8, 2014 4:28am May 8, 2014 4:28am
This is really a nice chart...and all we have to do is waiting for the buyers / sellers to make thei first move:
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  • #1,872
  • May 9, 2014 5:30am May 9, 2014 5:30am
Quoting matteo.pasr
cadjpy M: the power of RMs... {image} free image upload cadjpy W: {image} host immagini cadjpy D: {image} image share

  • #1,873
  • May 9, 2014 8:44am May 9, 2014 8:44am
Quoting fxgroup
This is really a nice chart...and all we have to do is waiting for the buyers / sellers to make thei first move: {image}
I see there a Monthly level too.
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  • #1,874
  • May 11, 2014 2:18pm May 11, 2014 2:18pm
I just found your trade topic, i am big fan of this type of trading. I am a newbie started a couple of weeks ago(actually my first touch with FX was 1year ago, but recently i started to be more interested in it).
I am an owner of Steve Nison's videos and lessons and he is explaning really nice the price action and what it means. I just read only the first page and can't wait till I get to last one! Great Work!!!!
  • #1,875
  • May 14, 2014 6:42am May 14, 2014 6:42am
AUDCAD...the P is in RM with a clear buyers informations at the S level....WPG ???
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Nothing personal,just business
  • #1,876
  • Edited 9:28am May 14, 2014 8:36am | Edited 9:28am
The price is at S/R level, if closes above 1.02465 the next possible level is R of RM @1.03258 ? ?
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  • #1,877
  • May 14, 2014 11:18am May 14, 2014 11:18am
Quoting savoy
The price is at S/R level, if closes above 1.02465 the next possible level is R of RM @1.03258 ? ?
I couldn't say it better !!...you are on the right track !!!
Nothing personal,just business
  • #1,878
  • May 14, 2014 5:27pm May 14, 2014 5:27pm
Quoting fxgroup
AUDCAD...the P is in RM with a clear buyers informations at the S level....WPG ??? {image}
Nice chart fxgroup. pls is that candle on your chart an indecision candle or a pin bar.
  • #1,879
  • May 14, 2014 6:36pm May 14, 2014 6:36pm
EURJPY

Watch the peekly chart triangle with a little box at the end. I traded the retracement after the brakout.
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  • #1,880
  • May 14, 2014 6:45pm May 14, 2014 6:45pm
EURAUD


The last month close abowe the M level, But the weekly candle close below the last 5 week box. This suggest me the go down.
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