Price is everything

pound cad longs h1 look good

GBPNZD:

Daily:



Hourly:



M15:



H&S formation? Going for start of the rally?

NZDCAD has some nice pinbar on S/R zone but R:R is 1:1, too bad for me.

EURNZ, reaction on S/R zone.

H4:



H1:

closed

What do you think guys about EURCAD?

H4:



H1:

Hey guys,

Just got to the charts, looking what the market has to offer. GBP/USD has a nice zone waiting



Zooming in

oz kiwi trying long here. if pa turns to h4 bull engulf then will extend target

Well it turned badly. Do you still have this trade?

Not over yet H1 pa still valid

PA will stop to be valid when price goes south of engulfing bar?

Yep, think of an engulf as a mini supply/demand zone

Time keeps things from happening all at once

Wow, been a long time since i posted in here!

I can say hand on heart this is where i really started to feel i could begin to understand the markets and it wasnt just random.

I see the dream still lives on, so i wanted to share my findings, kind of "pay it back as you will"

I want to keep it really simple and say that supply and demand is for real, but not the whole picture. What has developed for me in recent years since Red's departure is this.

1. The make and break of DECISION POINTS especially the break with an engulf, is crucial.

2. Understanding that powerful collective money working together moves the market...PERIOD. These market movers must fool you into thinking that price will go a certain way so they can take the other side of your orders. You will often see them at work 2 or 3 times in a zone before price moves in the intended direction. This leaves the herd confused in its path.

3. Where price is or reacts to at news times and market session opening times is often a chance for market movers to reload 2nd or 3rd positions. You may see a lovely rally from the lows at london open, just to engulf a decision point, then by US open price has compressed down back to it for a 2nd hit and rally to blast through and make a new high.

4. Red mentioned this numerous times. The market movers can not hide their intentions, their massive orders move price away from the ideal area, in order to fill orders they may need price to retouch an area a 2nd or 3rd time. Remember they buy or sell at wholesale prices.

5. Different time frames add to the confusion, use them, but just think of them as a media show. It is the decision points made within them that give clarity. Cant see "the wood for the trees"

6. What you read in this thread can not be taught, it has to be learned.

I am not here to sell , promote or any other BS. I make way enough money trading. Some of you may know me from RTM, my real name is Warren.

If you want me to expand on any points i can answer some questions. As i always say "just passing through"

Regards

Bigwal (Warren)

Hi Warren

I especially like point #6

6. What you read in this thread can not be taught, it has to be learned.

There is no easy trip to the Fx experience. At times it will be the most challenging undertaking an individual will do. I have learned more about myself then I ever thought possible.

It would be great to see you "Pass Through" again.

Rufus

Rufus,

I concur with your thoughts, it is more about us than the market. The battle from within!

I have always admired your posts on AG/RTM. You do talk about the process and how our lives reflect that, i feel it is underestimated to the detriment of our trading.

"Look in the mirror and see thy enemy"

Always have a place for this thread, i wont be too far.

Warren

bigwal what do you mean by decision points?

Just about to go out with family, will be back later tonight and i will address your question.

Warren

here you go pal, everything u need to know on decision points

http://prntscr.com/5zpqmm

"here you go pal, everything u need to know on decision points".lol.