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Chart Talk

  • #441
  • Mar 16, 2016 4:45am Mar 16, 2016 4:45am
I still dont understand, everysetup is different...
You search for close of two bear candles on the top of bollinger, or price breakout last bullish candles on the top of bb ?
  • #442
  • Edited 5:11am Mar 16, 2016 5:01am | Edited 5:11am
Quoting kubiasty
i still dont understand, everysetup is different... You search for close of two bear candles on the top of bollinger, or price breakout last bullish candles on the top of bb ?
wait for pullback of price to a bull zone at lower extremes of bb and reaction to this zone in favorable up direction to join buyers and vice versa.............

wait for breakout of bear zones at upper extremes of bb to join buyers and vice versa.............

IN BETWEEN ENTRIES AT TYPE 1 BEAR CANDLES HIGHS FOR JOINING BUYERS AND VICE VERSA OR OTHER MORE SUITABLE ENTRIES IN THE RIGHT DIRECTION.......

IN UP DIRECTION PRICE IS TAKING THE HIGHS OF TYPE 1 BEAR CANDLE TO MAKE NEW HIGHS AND VICE VERSA

TURN SETUPS HAVE THE SAME LOGIC
atheer1
  • #443
  • Mar 16, 2016 5:27am Mar 16, 2016 5:27am
important

news trading:

most of the times,if not always,smart money will take the other side of the mass traders entering at the moment of the announcement.especially if they are entering against the trend which they have to sustain..........

more to follow about this
atheer1
  • #444
  • Mar 16, 2016 5:46am Mar 16, 2016 5:46am
Attached Image (click to enlarge)
Click to Enlarge Name: 110.png Size: 68 KB
atheer1
  • #445
  • Mar 16, 2016 6:16am Mar 16, 2016 6:16am
Quoting atheer1
{quote} wait for pullback of price to a bull zone at lower extremes of bb and reaction to this zone in favorable up direction to join buyers and vice versa............. wait for breakout of bear zones at upper extremes of bb to join buyers and vice versa............. IN BETWEEN ENTRIES AT TYPE 1 BEAR CANDLES HIGHS FOR JOINING BUYERS AND VICE VERSA OR OTHER MORE SUITABLE ENTRIES IN THE RIGHT DIRECTION....... IN UP DIRECTION PRICE IS TAKING THE HIGHS OF TYPE 1 BEAR CANDLE TO MAKE NEW HIGHS AND VICE VERSA TURN SETUPS HAVE THE SAME LOGIC
I dont get it... ON you charts you dont wait for pullbacks, you just mark tops looking like formations, 2 same colors, 2 other colors, but i dont see there any reaction retest.
  • #446
  • Mar 16, 2016 6:48am Mar 16, 2016 6:48am
Quoting Kubiasty
{quote} I dont get it... ON you charts you dont wait for pullbacks, you just mark tops looking like formations, 2 same colors, 2 other colors, but i dont see there any reaction retest.
Turn setups is my method of early entry.......
zones is more careful method.......
Both methods have the same logic........
atheer1
  • #447
  • Mar 16, 2016 7:59am Mar 16, 2016 7:59am
Quoting atheer1
Important**** The most important obstacle to your profit when taking turn setups, is not the setup itself i.e the entry,but is the exit and trade management.you have to learn how to let the profit run to milk the trade which is the most difficult part even for the most experienced trader.
Hi Atheer,
so can you explain a bit more about how you milk the trade? and let your profits run?

cheers
  • #448
  • Mar 16, 2016 9:32am Mar 16, 2016 9:32am
Quoting hurryk
{quote} hi atheer, so can you explain a bit more about how you milk the trade? And let your profits run? Cheers
one of the methods of exit :is to use a trailing stop

for example if you want to put a trailing stop taking into account only one hour chart

*** you have to move the stop per hour close only putting it little bit behind type 1 candle high/low only

there are other ways to be explained later on
atheer1
  • #449
  • Edited 10:01am Mar 16, 2016 9:51am | Edited 10:01am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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atheer1
  • #450
  • Edited 1:56pm Mar 16, 2016 11:45am | Edited 1:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: 112.png Size: 58 KB


so we nailed the news by simple observation
atheer1
  • #451
  • Mar 16, 2016 12:32pm Mar 16, 2016 12:32pm
Quoting atheer1
{image}
Hi atheer, as I said i will read the whole thread and now im thru
One Question to the candle in the image from post 254. Why is this a type 1 candle ??
Thanks in advance for your reply
(.)(.) think first ...
  • #452
  • Mar 16, 2016 12:53pm Mar 16, 2016 12:53pm
Quoting maximumguita
{quote} hi atheer, as i said i will read the whole thread and now im thru one question to the candle in the image from post 254. Why is this a type 1 candle ?? Thanks in advance for your reply
this daily candle high was 1.13505 according to my broker ,so fulfill type one candle definition in spite off that its thread only extends by 0.5 pip only in the zone
atheer1
  • #453
  • Mar 16, 2016 12:59pm Mar 16, 2016 12:59pm
Quoting atheer1
{quote} this daily candle high was 1.13505 according to my broker ,so fulfill type one candle definition in spite off that its thread only extends by 0.5 pip only in the zone
but didnīt you said type 1: A bull candle with a lower thread extending into other zone
i understood that in a way that there shall be an exteding. Maybe i understood that wrong, english is not my native language
(.)(.) think first ...
  • #454
  • Mar 16, 2016 1:14pm Mar 16, 2016 1:14pm
Quoting maximumguita
{quote} but didnt you said type 1: A bull candle with a lower thread extending into other zone i understood that in a way that there shall be an exteding. Maybe i understood that wrong, english is not my native language
type 1 candle could be bear with upper thread extending into adjacent zone,or bull candle with lower thread extending into adjacent zone.
atheer1
  • #455
  • Edited 1:38pm Mar 16, 2016 1:27pm | Edited 1:38pm
Quoting atheer1
{quote} type 1 candle could be bear with upper thread extending into adjacent zone,or bull candle with lower thread extending into adjacent zone.
but the candle in the image hasnt a thread or just o,5 pips enough to qualifie it as a type1? Dont want to be obtrusively its just for my clarification in case if you speak later about those candle types
(.)(.) think first ...
  • #456
  • Mar 16, 2016 1:40pm Mar 16, 2016 1:40pm
Hi atheer1, regarding chart #112. How did you know that will be turn setup if 2nd green candle did not break high of bear candle type1 and 3rd candle after 2nd green candle shows even bearish movement?
  • #457
  • Mar 16, 2016 2:14pm Mar 16, 2016 2:14pm
Quoting maximumguita
{quote} but the candle in the image hasnt a thread or just o,5 pips enough to qualifie it as a type1? Dont want to be obtrusively its just for my clarification in case if you speak later about those candle types
Attached Image (click to enlarge)
Click to Enlarge Name: 113.png Size: 63 KB
atheer1
  • #458
  • Mar 16, 2016 2:20pm Mar 16, 2016 2:20pm
Quoting pawelfx
hi atheer1, regarding chart #112. How did you know that will be turn setup if 2nd green candle did not break high of bear candle type1 and 3rd candle after 2nd green candle shows even bearish movement?
at the moment of the hit of that type 1 bear candle high the turn is complete,which was the situation at the screen shot

so the price did hit the high at that moment
atheer1
  • #459
  • Mar 16, 2016 2:26pm Mar 16, 2016 2:26pm
Quoting atheer1
{quote} {image}
OK Clear THANX
(.)(.) think first ...
  • #460
  • Mar 16, 2016 2:30pm Mar 16, 2016 2:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: 114.png Size: 58 KB
atheer1
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