Learn, a forex trader must, unlearn and relearn he will.

- Joined Feb 2012 | Status: The 2% club. | 565 Posts
In boxing, all the champion's results are visible. In forex, talk is cheap.
Price Action + Demand & Supply Zone + Money Management 0 replies
Can anyone tell me how to pull a graph of my trading performance 2 replies
trading pivot points. how to tell if support/resistance will hold? 23 replies
CAN Somebody tell me what are the trading hours 4 replies
Tell me about different methods and issues of news trading 10 replies
DislikedI dont trade your normal FX, I trade NADEX, here was a nice set up this morning. Charts explain everything. {image} {image} {image}Ignored
DislikedI was studying price turning point around FTRs then I had a realization. I notice that price seem to turn at the tip certain compression zones(price didn't enter into the CP zone until after it travel for some distance). So I studied compression zones that tend to bounce price before price could get in the zone. I realize that CPZs that deflect price have its origin created by engulfing another important FTR. Therefore CPZ is really multiple overlapping FTR taking out each others orders. An as a result the last FTR standing is just as good as any...Ignored
DislikedI was studying price turning point around FTRs then I had a realization. I notice that price seem to turn at the tip certain compression zones(price didn't enter into the CP zone until after it travel for some distance). So I studied compression zones that tend to bounce price before price could get in the zone. I realize that CPZs that deflect price have its origin created by engulfing another important FTR. Therefore CPZ is really multiple overlapping FTR taking out each others orders. An as a result the last FTR standing is just as good as any...Ignored
DislikedHi Simon, This is how I see it... {image} Below is a similar bullish setup... {image}Ignored
DislikedHey Simon, Thanks for confirming. I think we need to discuss this further, as these kind of setups don't always work as such. They definitely give an edge over anything else I've studied but still need refining. Unfortunately I have to rush out... I would have just loved to stay here and discuss this further. There's always tomorrowCheers, And Happy St. Patrick's to all (this will be me in a few hours
... LOL)
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DislikedHi Simon, This is how I see it... {image} Below is a similar bullish setup... {image} Have to leave can't watch it... booked 2/3 at 3R and the rest will be either at 1R or 4R. Will move SL now to 1R. {image}Ignored
DislikedBinyamin, You could have just added 2 - 3 of your own lines to the original chart and pointed out a 3R trade. I say this with the absolute and utmost respect that I can give you. For me in this thread, Compression (if a trader sees value in it) is fine to discuss, as are flags. But as for all the rest of the terminology that you are using, this belongs in RTM. Please post these types of charts there. Stick to a couple of simple lines here. Regards, SimonIgnored
DislikedGBPJPY tech. M30 has made a new low in M30 demand. The relevance of that is questionable for me at the moment.Ignored