Price action trading - Trade like the pros! | Page 17 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Questions for real pros: How to trade with reference points only? 126 replies

Retail Trade Gains vs Pros 6 replies

Signal Provider/Trading Signals MT4 pros cons? 2 replies

Pros and Cons of Point & Figure Trading 10 replies

Retail Sales? Trade Balance? What it means? Newbies ask here. Pros answer here. 9 replies

Attachments: Price action trading - Trade like the pros!
Exit Attachments

Price action trading - Trade like the pros!

  • #321
  • Nov 14, 2016 7:34am Nov 14, 2016 7:34am
.Or a book.
  • #322
  • Nov 14, 2016 8:11am Nov 14, 2016 8:11am
Quoting whateveridon
.This information and another information in internet is very wrong information and the intelectual average people believe information in internet. Anyone know something with completed information that I can learn here at forexfactor.com?.
I don't know what you expect If my information is wrong, then my sources are probably wrong too.
  • #323
  • Nov 14, 2016 8:51am Nov 14, 2016 8:51am
Quoting whateveridon
.This information and another information in internet is very wrong information and the intelectual average people believe information in internet. Anyone know something with completed information that I can learn here at forexfactor.com?.
about "intelectual average"... if itīs true what you are saying..then --> you searching for information at ff makes you .... what?

TWEE, revoke my membership.
  • #324
  • Nov 15, 2016 5:02am Nov 15, 2016 5:02am
Quoting Bartleby
{quote} about "intelectual average"... if its true what you are saying..then --> you searching for information at ff makes you .... what?
.Probably nothing changes.
  • #325
  • Nov 15, 2016 10:43am Nov 15, 2016 10:43am
Looking at these daily euro charts, I'm expecting to see a rally back to the 1.0850 at least... possibly higher but will wait for market structure to call.
  • #326
  • Nov 15, 2016 8:31pm Nov 15, 2016 8:31pm
Wdays
Can you explain your reason for feeling for the rally? Just curious, dont need fish only want to learn how to fish. Thanks
  • #327
  • Nov 15, 2016 8:53pm Nov 15, 2016 8:53pm
Quoting whateveridon
.This information and another information in internet is very wrong information and the intelectual average people believe information in internet. Anyone know something with completed information that I can learn here at forexfactor.com?.
All ppls are intelectualy averaged ppl, me included, because it is an average!!! lol
There is a lot of free and good information on internet regarding all aspects of life, you just have to sort it out. If you don't believe in fairytales and holygrails and use a common sense you can sort the valuable info from the garbage info.

Regards!
  • #328
  • Nov 16, 2016 12:07am Nov 16, 2016 12:07am
Quoting Marion3030
Wdays Can you explain your reason for feeling for the rally? Just curious, dont need fish only want to learn how to fish. Thanks
At the time I wrote this, both EURUSD and USDx were at their respective support and resistance levels, both showing willingness to catch their breath. They took out significant swings, which in my book is a call for a retracement. However, I will not act on the bias until I see this
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 39 KB
  • #329
  • Nov 16, 2016 1:59am Nov 16, 2016 1:59am
Hello WDays, I'm just seeking confirmation if I'm getting the anticipatory analysis correctly.

On GU would you agree with me that the market structure is biased upwards for a extensive correction to fill the empty space? Also taking into account USDx sitting at resistance should increase the chances of higher prices for the cable? Possible reaching 1.29x

best regards
thinking outside the box
  • #330
  • Nov 17, 2016 1:43am Nov 17, 2016 1:43am
Quoting Mercennary
Hello WDays, I'm just seeking confirmation if I'm getting the anticipatory analysis correctly. On GU would you agree with me that the market structure is biased upwards for a extensive correction to fill the empty space? Also taking into account USDx sitting at resistance should increase the chances of higher prices for the cable? Possible reaching 1.29x best regards
About GU - Yes, but it already reached the first target I had given. USDx slightly broke above a very significant record high, couldn't stay above => Fakeout in my eyes. Wait for market structure....
  • #331
  • Nov 17, 2016 3:17am Nov 17, 2016 3:17am
Quoting WDays
{quote} About GU - Yes, but it already reached the first target I had given. USDx slightly broke above a very significant record high, couldn't stay above => Fakeout in my eyes. Wait for market structure....
Thanks man, so I must assume you're biased long on both GU and EU until structure and USDx shifts. Sorry to bother, just trying to get this right, the material is gold.
thinking outside the box
  • #332
  • Nov 17, 2016 5:11am Nov 17, 2016 5:11am
Quoting Mercennary
{quote} Thanks man, so I must assume you're biased long on both GU and EU until structure and USDx shifts. Sorry to bother, just trying to get this right, the material is gold.
No, I am cautiously bullish, which means I'm not shorting neither right now. But I want confirmation to start going long Any dips on USDx for now are an opportunity to go short on EU/GU moreso than a decent long trade on EU/GU. Especially with news of a very probable rate hike by the Fed...
  • #333
  • Nov 17, 2016 5:22am Nov 17, 2016 5:22am
Quoting WDays
{quote} No, I am cautiously bullish, which means I'm not shorting neither right now. But I want confirmation to start going long Any dips on USDx for now are an opportunity to go short on EU/GU moreso than a decent long trade on EU/GU. Especially with news of a very probable rate hike by the Fed...
Spot on .... i should buy you a beer, or a pepsi as the case may be
  • #334
  • Nov 17, 2016 8:26am Nov 17, 2016 8:26am
Quoting Koop
{quote} Spot on .... i should buy you a beer, or a pepsi as the case may be
Caught some new shorts?
  • #335
  • Nov 17, 2016 8:32am Nov 17, 2016 8:32am
protip: If you're having a bad day, or week, or month... Try stepping back from the charts, clear your head a little. Come back when you feel rested, sit back behind a clean chart with no annotations and start from scratch. It will allow you to see a whole different perspective!

If you are in it, milking it, keep on going til you can't anymore...

Rules 1 and 2 in my book.

Time is valuable, don't waste it when you're getting hacked to pieces, don't waste it when you're killing it either.
  • #336
  • Edited 8:50am Nov 17, 2016 8:36am | Edited 8:50am
i did try to buy euro to be perfectly honest Small 30 pip scalp that didn't fly. Below you can find the reasoning. It's not very advisable, best to stick to our guns and trade with the trend...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 60 KB
Click to Enlarge Name: EURUSDH1.png Size: 62 KB
  • #337
  • Nov 17, 2016 8:38am Nov 17, 2016 8:38am
Also it feels like euro should drop to the 1.0570 low before we can hope for any bullishness... Might even dig lower. We'll see where the next FOMC gets us... What a time to be alive, lol.
  • #338
  • Nov 17, 2016 8:52am Nov 17, 2016 8:52am
Hi WDays and gang working good on USDJPY had 2 good buy orders out now respect to all JVM

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 70 KB
  • #339
  • Nov 17, 2016 8:56am Nov 17, 2016 8:56am
Quoting jvmv4
Hi WDays and gang working good on USDJPY had 2 good buy orders out now respect to all JVM {image}
Where'd you have them, though? Highlighted areas?
  • #340
  • Nov 17, 2016 9:14am Nov 17, 2016 9:14am
Quoting WDays
{quote} Where'd you have them, though? Highlighted areas?
About 9am and then 11 30am but the 1am wasn't up is this the right way to find the trades in your view and also see what you mean about US30 would have been a buy at around 13 30 GMT JVM
0 traders viewing now