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TRD

  • #1,521
  • Feb 10, 2016 12:27pm Feb 10, 2016 12:27pm
Any perspective is welcome - taken the entry.
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  • #1,522
  • Feb 10, 2016 2:51pm Feb 10, 2016 2:51pm
This is one scenario that often plays out.
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  • #1,523
  • Feb 10, 2016 10:16pm Feb 10, 2016 10:16pm
Quoting stevepatt
This is what I have Observed this week it's a pity I'm not always around when the good setups occur. I would have Traded yesterdays Test of D1 Structure, from the 20th Oct. 2015, and todays Sell Stop Raid at the swing Low. The Buy Stop Raid around London Open today was a lot harder to determine because it was Mid Swing with no HTF Structure. {image} {image} {image}
Steve, beautiful charts with nice explanations. Example of someone who DID his homework
  • #1,524
  • Feb 10, 2016 11:34pm Feb 10, 2016 11:34pm
Hey Guys! I am back after my winter holidays, I see that newcomers are doing fine, congrats! TRD I am glad you are back, but looks like FXEntropy are gone (possibly chasing those long legged bullish pinbars... )
  • #1,525
  • Feb 10, 2016 11:37pm Feb 10, 2016 11:37pm
Quoting michaelion
Hey Guys! I am back after my winter holidays, I see that newcomers are doing fine, congrats! TRD I am glad you are back, but looks like FXEntropy are gone (possibly chasing those long legged bullish pinbars... )
maybe we are the same person heheh :-)
  • #1,526
  • Feb 10, 2016 11:42pm Feb 10, 2016 11:42pm
Quoting stevepatt
This is one scenario that often plays out. {image}
Looks like "their" plan worked for them
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  • #1,527
  • Feb 10, 2016 11:46pm Feb 10, 2016 11:46pm
GM! some trade today. took TP1
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  • #1,528
  • Feb 10, 2016 11:56pm Feb 10, 2016 11:56pm
Quoting TheRealDeal
GM! some trade today. took TP1 {image}

I need to be quicker of the mark.
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  • #1,529
  • Feb 10, 2016 11:59pm Feb 10, 2016 11:59pm
Quoting stevepatt
{quote} I need to be quicker of the mark. {image}
i hope price wont go back there Steve. If so, then for sure the highest high will give up the ghost. And all we want is to sell into the gap below, isnt it?
  • #1,530
  • Feb 11, 2016 12:09am Feb 11, 2016 12:09am
Quoting TheRealDeal
GM! some trade today. took TP1 {image}
  • #1,531
  • Feb 11, 2016 12:24am Feb 11, 2016 12:24am
Quoting TheRealDeal
{quote} maybe we are the same person heheh :-)
Yes... tell me my friend, reassuming this method, isnt this just a simple play that, if the Big Boys wnat go up they will blew up stops - low of last day or days at the start of a session and the same in other direction, if "THEY" want to sell off they will blew up - high of last day or days?
If so, then how do we can know when in this case is a false break or trend continuation?
  • #1,532
  • Feb 11, 2016 12:31am Feb 11, 2016 12:31am
Quoting michaelion
{quote} Yes... tell me my friend, reassuming this method, isnt this just a simple play that, if the Big Boys wnat go up they will blew up stops - low of last day or days at the start of a session and the same in other direction, if "THEY" want to sell off they will blew up - high of last day or days? If so, then how do we can know when in this case is a false break or trend continuation?
you have to consider, gaps, time of day, HTF bias. Not every high and low, but specific price formations where traders feel "safe" to put or trail their stop there. This about patterns like double top , tripple top, H&S, TLs break, classical S/R, CANDLE formations... all the crap in the books, which makes people put their stops behind these "logical" places. Do you think big boys dont know about it?
Some places accumulate a lot of stops and they produce the biggest moves. The more stops the bigger the move.
  • #1,533
  • Feb 11, 2016 1:04am Feb 11, 2016 1:04am
TRD - agree with you 100 %
beauty is in simplicity
  • #1,534
  • Feb 11, 2016 2:02am Feb 11, 2016 2:02am
In my trading arsenal I have also pretty nice indi I can share - indicates price hidden gaps. Personally I use it a lot.. maybe some of you will like it.
Cheers!
Thanks to the author of that indi!
Attached File(s)
File Type: ex4 WRB-Hidden-Gap.ex4   25 KB | 326 downloads
  • #1,535
  • Feb 11, 2016 2:13am Feb 11, 2016 2:13am
GU
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  • #1,536
  • Feb 11, 2016 2:14am Feb 11, 2016 2:14am
Guys I added those blue lines last night; checked the chart now and look at it; too much of a coincidence for those who dont believe.

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  • #1,537
  • Feb 11, 2016 2:30am Feb 11, 2016 2:30am
Guys, tell me please - how to make a chart in MT4 - 12 seconds...thanks
beauty is in simplicity
  • #1,538
  • Feb 11, 2016 2:54am Feb 11, 2016 2:54am
Quoting michaelion
GU {image}
not sure if your indi helps much. Gaps are obvious. On your chart i would draw only 1. I dont care about the past. Filled gaps are history.
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  • #1,539
  • Feb 11, 2016 3:01am Feb 11, 2016 3:01am
Quoting venividivici
Guys I added those blue lines last night; checked the chart now and look at it; too much of a coincidence for those who dont believe. {image}
the middle zone is weak, we dont like trading in the middle. Check the candles which broke the high and low. Price was pushed violently on purpose and retraced quick.
  • #1,540
  • Feb 11, 2016 4:01am Feb 11, 2016 4:01am
Quoting TheRealDeal
{quote} not sure if your indi helps much. Gaps are obvious. On your chart i would draw only 1. I dont care about the past. Filled gaps are history. {image}
It depends on how we interpret the gap, that indi shows the gap for 3 candles, gap candle is the middle one, actual tradable gaps are only those which are still visible and not touched by the price on retrace...
For ex. EU
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