I see GBPCHF is a daily star buy now. Target around 40 pips up from price now.
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Disliked{image} So testing begins! This is 15min chart not very recommended yet. This is a long trade so you can also see the R:R is no good but its just a 0.01 lot size concept test. I repeat its a concept test. The picture above is my description of how I'm reading the chart and the thinking process behind. This is only STF analysis. I want to observe PA around the the lines. In this case there is also a PTZ so I am suggesting a case of strong support. Price may not hit TP but I also do not expect SL to be hit too quickly either. And thankyou again to...Ignored
DislikedFrom about 20 years Steve Nison introduce candlestick charts to the western world it is an amazing chart with very good view but it is still not HOLLY GRAIL also Kiads when introduce its view to Rinko chart and his templet its an amazing view also but where is the Holly grail only in your brain ,your management , your using the tools what he introduce to you that is make the view and the calculation more and more easy Thanks Kiads Using meaning 1- draw any line at any place by your hand 2 -draw any circle around any group of collecting prices what...Ignored
DislikedI see GBPCHF is a daily star buy now. Target around 40 pips up from price now.Ignored
DislikedRevolution : when price stay in an area which is not supposed to stay in it for a long time than usual wait the revolution of the price and and stop order is the order of choice *** what is the area which price supposed to not stay in it is the previous transient zone (previous wick of of a candle) coming soon weighted and exponential probability by amazing guys ..................... (Close+0=Open and Close*1 =Open so what is the close and what is the 0 and 1 " the ANSWER is HOLLY Grail")Ignored
Disliked{quote} أHi my friend cfdtaleong (http://www.forexfactory.com/cfdtaleong) I think that our friend Kiads refer to the skull for the candle of event and the star for next candle ..................... (Close-0=Open and Close*1 =Open so what is the close and what is the 0 and 1 " the ANSWER is HOLLY Grail")Ignored
Disliked{quote} I'm not an artist ( sorry for that) I hope i can discuss it well in this diagram what you want to do look at the price area now and look behind that area if the area behind it is TZ ( wick of candle ) and of course look at the size of the current area if it is wide enough then but your stop order just above the wick as this area of current price increase ( accumulation) as the power of revolution increase Sorry for my Language {image}Ignored
DislikedMy friend Kore2 Every area need its system and its discipline usually i trade the area of the body! as it is consolidation area Sell high of the body and buy the low of the body no matter the color of it (Black or White) and when the price go to the area of the wick "TZ" (peripheral) i prepare my my self to change my strategy (body must be fat enough to deal with it this is what we call from higher time frame to lower one ) ) Notice the emotion is the most enemy for almost ALL trader the success come when you fight it (emotion)and change...Ignored
Disliked{quote} Hi Sasco_me, (http://www.forexfactory.com/sasco_me) I`m trading something similar to that. Do you trade in the area of the wick of the candle? {image}Ignored
Disliked{quote} My friend Kore2 In previous post in similarity thread i wrote the TZ area is the area for loser it the area for the fuel of the gainer also I wrote that the RZ is the body and TZ is the wick it something like Shooting star and Hummer The TZ and RZ let you to discover the psychology behind the amazing two candles (Hummer and Shooting) without need to draw it on the chart exactly as Steve Nison saidIgnored