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Price action trading - Trade like the pros!

  • #221
  • Oct 24, 2016 9:03am Oct 24, 2016 9:03am
I'm done for today
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  • #222
  • Oct 24, 2016 9:15am Oct 24, 2016 9:15am
I thought it would dip a bit lower before it went to target tho
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  • #223
  • Oct 24, 2016 4:51pm Oct 24, 2016 4:51pm
Hi WD I having a problem with KSR and supply areas , you state on KSR the lines should be on the body of the candle not the wicks but on a lot of your charts it's the wicks, also you state that the supply is between the wick and bod but on some charts you colour the whole candle . Can you show me please some examples . Also bit confused on time frames is it daily hourly and 15min as some you have 4 HR . Thx
  • #224
  • Oct 25, 2016 4:11am Oct 25, 2016 4:11am
Quoting morse
Hi WD I having a problem with KSR and supply areas , you state on KSR the lines should be on the body of the candle not the wicks but on a lot of your charts it's the wicks, also you state that the supply is between the wick and bod but on some charts you colour the whole candle . Can you show me please some examples . Also bit confused on time frames is it daily hourly and 15min as some you have 4 HR . Thx
With KSR, I use the bodies because it's a safer bet. Sometimes the wicks will be important, but I feel better not taking chances while trading and limiting myself to looking just at the bodies.

As for supply/demand, be careful not to mistake "target" areas and supply/demand areas. On my last screenshot, it was a target area - between the midpoint and 78.6% fibo retracement.

I use H4-D1 for analysis, and I look to m15-m5 for execution. I also view hourl and m30, but not as often. Mostly to look for any sup/dem areas I have missed.
  • #225
  • Oct 25, 2016 6:25am Oct 25, 2016 6:25am
$/CAD short, hoping this makes it to a 30 pip TP. Slow for now, HIN in 2,5 hours.
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  • #226
  • Oct 25, 2016 6:26am Oct 25, 2016 6:26am
I want the $x to get to the highlighted area, hopefully by today...
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  • #227
  • Oct 25, 2016 6:28am Oct 25, 2016 6:28am
This sideways action on high tfs is killing me, tho. Have to wait so much for small ranges to be filled
  • #228
  • Oct 25, 2016 7:30am Oct 25, 2016 7:30am
Dollar strength comes in and screws it up for me after just 18 pips in profit :<
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  • #229
  • Oct 26, 2016 3:16am Oct 26, 2016 3:16am
Just gonna drop this off here...
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  • #230
  • Oct 26, 2016 7:43am Oct 26, 2016 7:43am
Awaiting it respon to 1.34. either breakout or bounce.

Attached Image (click to enlarge)
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Let Market Tell You
  • #231
  • Oct 26, 2016 8:16am Oct 26, 2016 8:16am
Quoting Monokl
Awaiting it respon to 1.34. either breakout or bounce. {image}
Careful now.
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  • #232
  • Oct 26, 2016 8:59am Oct 26, 2016 8:59am
just take long USDCAD. clearly rejection at 1.335


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Let Market Tell You
  • #233
  • Oct 26, 2016 11:13am Oct 26, 2016 11:13am
Quoting Monokl
just take long USDCAD. clearly rejection at 1.335 {image}
I am wishing you luck and keeping my fingers crossed, however you should have kept in mind what I posted right before. Also with a sharp move up like that (daily), the pair is now overbought.
  • #234
  • Oct 26, 2016 2:52pm Oct 26, 2016 2:52pm
Quoting WDays
{quote} I am wishing you luck and keeping my fingers crossed, however you should have kept in mind what I posted right before. Also with a sharp move up like that (daily), the pair is now overbought.
can i get a download of the session indicator you use?
  • #235
  • Oct 27, 2016 3:45am Oct 27, 2016 3:45am
Took my longs half an hour before GDP news, with the expectation range would expand to the upside.

I normally don't really focus much on GBPJPY, but in this case I saw GBP was leading and entered a position on GJ for bulkier profits. GU immediately made it to TP (even slipped lol) to +50, GJ went up but stalled so I killed it for +40

I am a happy man.
Attached Image(s) (click to enlarge)
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  • #236
  • Edited 5:23am Oct 27, 2016 3:47am | Edited 5:23am
Quoting Dotson
{quote} can i get a download of the session indicator you use?
Here's all the indis that I currently have on my chart.

All indis are on the first page now.
Attached File(s)
File Type: ex4 Period Seperator.ex4   2 KB | 402 downloads
File Type: mq4 Period Seperator.mq4   2 KB | 405 downloads
  • #237
  • Oct 27, 2016 4:37am Oct 27, 2016 4:37am
well congrats WDays You have a nice thread here subscribed.
all is eternal - this is good news for people who loves bad news
  • #238
  • Oct 27, 2016 4:47am Oct 27, 2016 4:47am
Quoting meshka
well congrats WDays You have a nice thread here subscribed.
Thanks buddy! And welcome
  • #239
  • Oct 27, 2016 5:08am Oct 27, 2016 5:08am
First post was edited with some entry criteria and added the indicators that I have on my chart.
  • #240
  • Oct 27, 2016 3:08pm Oct 27, 2016 3:08pm
Quoting WDays
First post was edited with some entry criteria and added the indicators that I have on my chart.
thanks but the daily open line indicator wont work
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