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The One: Price Action and Reaction

  • #781
  • Dec 27, 2015 5:04pm Dec 27, 2015 5:04pm
I have updated a little bit the first post, but I wanted to go over the poll results and what I think we will be doing going forward. There are 30 bars in a week on a 4h chart. I think it will be advantageous going forward to use this larger timeframe to discuss charts.
1. I will be posting the 5 vehicles that we will be looking at, and the occasional SandP, Nasdaq, and Gold chart.
2. We will have a weekly market overview on Sunday or Monday where I will take about 15 minutes via video to go over what I think the market will be doing in the coming week, and any major news.
3. I may also consider doing a video using a simulator to show trading methods.
4. I will work on a pdf in my free time to discuss basic trading principals I have learned about market structure.

These are the plans for this thread in the next weeks. I may add to this list, but it seems that people want to follow charts through the week, as well as have a basic understanding of concepts. Later we will go over advanced techniques, but not yet. :nerd:
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #782
  • Dec 27, 2015 6:13pm Dec 27, 2015 6:13pm
Quoting eaglestar
I have updated a little bit the first post, but I wanted to go over the poll results and what I think we will be doing going forward. There are 30 bars in a week on a 4h chart. I think it will be advantageous going forward to use this larger timeframe to discuss charts. 1. I will be posting the 5 vehicles that we will be looking at, and the occasional SandP, Nasdaq, and Gold chart. 2. We will have a weekly market overview on Sunday or Monday where I will take about 15 minutes via video to go over what I think the market will be doing in the coming...
This thread is meant to be as simple as possible, and to create the most profit as possible for its readers.

Like Tim Ferriss ask, can you provide evidence to back up your claims?

GS
  • #784
  • Dec 27, 2015 8:06pm Dec 27, 2015 8:06pm
Quoting eaglestar
If you think about it, a pitchfork is a center line of a split cell. Something To Consider... {image} {image}
From a physics perspective, is the pitchfork centerline the cumulative force of vectors AB + BC?
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #785
  • Dec 27, 2015 8:54pm Dec 27, 2015 8:54pm
Quoting genghistar
{quote} This thread is meant to be as simple as possible, and to create the most profit as possible for its readers. Like Tim Ferriss ask, can you provide evidence to back up your claims? GS
What claims?
  • #786
  • Dec 28, 2015 8:27am Dec 28, 2015 8:27am
Quoting genghistar
{quote} This thread is meant to be as simple as possible, and to create the most profit as possible for its readers. Like Tim Ferriss ask, can you provide evidence to back up your claims? GS
until someone is asking for money directly or indirectly u can take it or leave it
  • #787
  • Dec 28, 2015 11:33pm Dec 28, 2015 11:33pm
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
USDJPY

Daily

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H4

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green pips
from level to level - you need mental strength to reach the summit
  • #788
  • Dec 29, 2015 12:16am Dec 29, 2015 12:16am
good day everyone, if i may, i would like to take part to this thread and provide basic chart analysis for the pairs i trade, my only reason is to offer some help here on FF, unfortunatly this account is new and i cannot start my own threat, but i would like to start by lending a hand on other threats, if thats ok,

my analysis consists of basic chart analysis like support and resistance levels, trends, classic patterns formation, candle sticks and somethimes divergences(most of the time using them to stay away of the market rather than trading them, but that doesnt mean i will never trade them)

Anyway for this week my attention is drawn to eur/gbp w8ing for a potential double top formation which is created below a daily trendline in corelation with daily fibo fan and 0.7382 resistance level, in any case a safer entry for me will be when the price setles below 0.7310 support level confiriming a short setup (stop losses and take profits in the picture).

if its something wrong in my analysis and you notice it, please reply my, i will be more then glad to listen to your opinion

Thank you

Quinn
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  • #789
  • Dec 29, 2015 6:49am Dec 29, 2015 6:49am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
Quoting QuinnFX
good day everyone, if i may, i would like to take part to this thread and provide basic chart analysis for the pairs i trade, my only reason is to offer some help here on FF, unfortunatly this account is new and i cannot start my own threat, but i would like to start by lending a hand on other threats, if thats ok, my analysis consists of basic chart analysis like support and resistance levels, trends, classic patterns formation, candle sticks and somethimes divergences(most of the time using them to stay away of the market rather than trading them,...

Hello Quinn,
nice to meet you

here is my view EUGBP

Daily touched resitance zone , price now at fib (energy point for me)

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H4

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agree could be doUble top
so Im sitting on my hands

green pips
HPT
from level to level - you need mental strength to reach the summit
  • #790
  • Dec 29, 2015 11:31pm Dec 29, 2015 11:31pm
Quoting kapital
{quote} From a physics perspective, is the pitchfork centerline the cumulative force of vectors AB + BC? {image}
Or is it AB+AC...or AB/AC?
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #791
  • Dec 29, 2015 11:35pm Dec 29, 2015 11:35pm
Quoting Hpt
{quote} Hello Quinn, nice to meet you here is my view EUGBP Daily touched resitance zone , price now at fib (energy point for me) {image} H4 {image} agree could be doUble top so Im sitting on my hands green pips HPT

well, im glad im not the only one staying on hold for a moment, ... nice meeting ya,

BTW what do you mean when calling the fibo ratios "Energy points" Thanks
  • #792
  • Dec 30, 2015 1:15am Dec 30, 2015 1:15am
Quoting QuinnFX
{quote} BTW what do you mean when calling the fibo ratios "Energy points" Thanks
The idea of energy points comes from Tim Morge - its the point at which two opposing lines of force meet: So if one had an up-sloping median line set and a down-sloping median line set drawn on a chart the points at which those lines and their parallels crossed would be energy points. I've marked one with a sand coloured circle on the attached chart. If you go to medianline.com I'm sure you'll find an article explaining the concept and how Tim Morge uses them.

Attached chart is EurGbp 30min chart. I'm not wanting to trade until Monday but I'm sort of watching for a short as price seem to be struggling to make new highs, although the trend has been up for quite a while. Price started dropping out of the up-sloping ML set without having made the ML but is now back inside it. Watch and wait
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  • #793
  • Dec 30, 2015 1:27am Dec 30, 2015 1:27am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
Morning

thanks for your explaining "energy points" bartlby37
from level to level - you need mental strength to reach the summit
  • #794
  • Dec 30, 2015 1:29am Dec 30, 2015 1:29am
Quoting bartlby37
{quote} The idea of energy points comes from Tim Morge - its the point at which two opposing lines of force meet: So if one had an up-sloping median line set and a down-sloping median line set drawn on a chart the points at which those lines and their parallels crossed would be energy points. I've marked one with a sand coloured circle on the attached chart. If you go to medianline.com I'm sure you'll find an article explaining the concept and how Tim Morge uses them. Attached chart is EurGbp 30min chart. I'm not wanting to trade until Monday but...
Thanks alot for the explanation bart, i can tell the energy points are somehow related to andrew pitchfork, also noticed that you guys use it alot over here, me on the other hand, i use trends sr levels and price patterns, .... our trading styles are different, non of the less the result matters after all and in my opinion, when 2 completly different trading techniques are offering the same result, that;s the strongest signal ever

thank you for the website i will study it after new year eve
  • #795
  • Dec 30, 2015 2:22am Dec 30, 2015 2:22am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
Quoting QuinnFX
{quote} Thanks alot for the explanation bart, i can tell the energy points are somehow related to andrew pitchfork, also noticed that you guys use it alot over here, me on the other hand, i use trends sr levels and price patterns, .... our trading styles are different, non of the less the result matters after all and in my opinion, when 2 completly different trading techniques are offering the same result, that;s the strongest signal ever thank you for the website i will study it after new year eve
Hello Quinn,

I dont think its so different, forks showing trends and energy points only gives sometimes extra clues.
for me , I use also trendlines/ pricepatterns and I believe everybody has to look at SR levels.
Its good to study the post 1 from eaglestar , he is doing a great job here.

trade well
from level to level - you need mental strength to reach the summit
  • #796
  • Dec 30, 2015 2:54am Dec 30, 2015 2:54am
Quoting Hpt
{quote} Hello Quinn, I dont think its so different, forks showing trends and energy points only gives sometimes extra clues. for me , I use also trendlines/ pricepatterns and I believe everybody has to look at SR levels. Its good to study the post 1 from eaglestar , he is doing a great job here. trade well

i'll to take a look on eaglestar, anyway you caught my attention on this technique, worth researching more on it.. Thanks HPT!

Trade Well
  • #797
  • Dec 30, 2015 9:21am Dec 30, 2015 9:21am
If we weren't heading into a holiday weekend I'd be looking for a short entry
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  • #798
  • Dec 31, 2015 7:24am Dec 31, 2015 7:24am
Nice structure in this 3to1 scalp on EU / M1 chart ..
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  • #799
  • Dec 31, 2015 8:41am Dec 31, 2015 8:41am
Quoting Whenever
{quote} Here is a possible view of Eur/Usd. I'll let price tell me what it wants to.
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Update...
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Coincidence ???
  • #800
  • Dec 31, 2015 4:56pm Dec 31, 2015 4:56pm
Quoting kapital
If you have a short bias, this could be your grand opportunity.
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
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