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  • #76,221
  • Feb 22, 2017 3:36am Feb 22, 2017 3:36am
Eur displaying weakness across the board.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 54 KB
Click to Enlarge Name: EURJPYDaily.png Size: 53 KB
Click to Enlarge Name: EURUSDDaily.png Size: 54 KB
  • #76,222
  • Feb 22, 2017 4:55am Feb 22, 2017 4:55am
Quoting bistolis
{quote} I guess same thing on EURJPY daily chart {image} edit: oh well it's not a lower close

that is not a DBHLC.
it is a BEOB candle and it broke the Weekly Inside Bar... aggressive IB trading. the conservative IB breakout would be to trade the break of the Mother Bar of the IB.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,223
  • Feb 22, 2017 4:56am Feb 22, 2017 4:56am
Quoting irishtoffy
Eur displaying weakness across the board. {image} {image} {image}

yes, it is weakness of the EUR.

let's see if FOMC will change this direction later during the NY session.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,224
  • Feb 22, 2017 4:58am Feb 22, 2017 4:58am
Quoting emmanuel7788
{quote} that is not a DBHLC. it is a BEOB candle and it broke the Weekly Inside Bar... aggressive IB trading. the conservative IB breakout would be to trade the break of the Mother Bar of the IB.
interesting. thanks
  • #76,225
  • Feb 22, 2017 4:58am Feb 22, 2017 4:58am
Quoting Dedekzlobi
Thx alot for answers:-)))

ok. let me know if the problem still there.

it may have to do with your MT4 installed data folder.

you may have to run your MT4 in portable mode if the problem cannot be resolved.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,226
  • Feb 22, 2017 5:02am Feb 22, 2017 5:02am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 82 KB
  • #76,227
  • Feb 22, 2017 5:06am Feb 22, 2017 5:06am
Quoting bistolis
{quote} interesting. thanks
here are two charts to show the difference,

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD DBHLC.png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY W1 IB breakout.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,228
  • Feb 22, 2017 5:08am Feb 22, 2017 5:08am
Hello to everyone, what do you think of this trade?


Hello, what do you think of this trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Senza nome.png Size: 52 KB
  • #76,229
  • Feb 22, 2017 5:10am Feb 22, 2017 5:10am
Quoting bistolis
{image}

interesting pair for tomorrow ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,230
  • Feb 22, 2017 5:13am Feb 22, 2017 5:13am
Quoting tanoking
Hello to everyone, what do you think of this trade? Hello, what do you think of this trade? {image}

do not use the APB for Hammer .

the price bar say spinning top , warning of direction change.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,231
  • Feb 22, 2017 5:15am Feb 22, 2017 5:15am
Quoting tanoking
Hello to everyone, what do you think of this trade? Hello, what do you think of this trade? {image}
that is not a hammer
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 46 KB


4H looks more like a hammer and maybe a consolidation forming inside the last big bar
Attached Image
  • #76,232
  • Feb 22, 2017 5:18am Feb 22, 2017 5:18am
Quoting emmanuel7788
{quote} yes, it is weakness of the EUR. let's see if FOMC will change this direction later during the NY session.
Minutes of the last meeting?
  • #76,233
  • Feb 22, 2017 5:43am Feb 22, 2017 5:43am
Quoting emmanuel7788
{quote} This week we practice PATIENCE and DISCIPLINE. Our discipline includes doing our week top down analysis when the market closed on Fridays. Doing top down analysis we prepare our Big Picture Plan which also includes our trade plan for this week. Having a trade plan means we know what to look for and when it appears, we are prepared with our money. Being prepared it is much easier to pull the trigger. PATIENCE means we wait for the setup and the right timing to jump into the market. We waited for 2 days and finally EJ move in our favour. ...
Hi Emmanuel,

I was getting bored with 2 days price action which neither allowed me to have some earlier pips nor built positions. I must admit that your post #76197 helped me to sill be focused and have some nice 90+ real pips.

I would say price is now at an important level at 118.70 and if today's or even this week's candle closes lower than this level, as I see no price action on the left for some 3 months, we will have what you call "empty space". So we sell to empty space?

Okoso
  • #76,234
  • Feb 22, 2017 5:57am Feb 22, 2017 5:57am
Quoting emmanuel7788
{quote} EURNZD Week 08 H4 trading with PA Remember this post above where I sadi we only trade H4 this week after looking at the Weekly chart. We have one good H4 trade based on PA + S/R and if if you use the TDI, you had a confirmation. But PASR is leading edge trading . If you add PASR + TMS = you get more winners. Now we wait to see if there will be a reversal trade on H4 or a CONTINUATION trade. {image} Watch what this week's candle close be like then we plan fro next week.
Hi Emmanuel,sorry but I don't understand again why are u searching H4 trade on Eur-Nzd when there are 3 spinning tops on Weekly chart. Is it a method weekly-h4?

Spinning top do not mean indecision? Ranging? Why u search sell trade,when u enter and why?

Thanks
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #76,235
  • Feb 22, 2017 6:04am Feb 22, 2017 6:04am
Quoting emmanuel7788
Profiting in Forex by Steve Nison here is one more back in 2013. http://www.forexfactory.com/showthre...50#post6720450 I am sure many of you are new to this huge thread and did not read all the post so far, It has been more than 3 years , you have a lot to catch up with what is Price Action trading and why Post#647 is so important for you to know and understand for you to succeed in trading with this 5-Method. Trading can only be made simple after you have mastered price action trading.
Document below I found on this thread. I read it almost everyday, sometimes even in my mind. I know most of you have it already but I am sharing thinking that it might help some newer members.

Okoso
Attached File(s)
File Type: pdf Candlestick Patterns in TMS(2).pdf   3.7 MB | 640 downloads
  • #76,236
  • Edited 12:08pm Feb 22, 2017 6:05am | Edited 12:08pm
Here we go again. This is going to be good.
Candle small, big what. Now the thread move's in the direction of what is this or that candle. It is like that post where the painter see bear and paint a ox.

To any member out there:
What is the stander to read a candle or is there a stander that all traders use?
How do you classify a candle?
example:
Doji
does it have to have a extremely small body or only a flat line
must both wick's be the same length, be exacly in the midlle
When does it become a Dragonfly Doji or Gravestone Doji
  • #76,237
  • Feb 22, 2017 6:08am Feb 22, 2017 6:08am
Quoting Pretoriano
{quote} Hi Emmanuel,sorry but I don't understand again why are u searching H4 trade on Eur-Nzd when there are 3 spinning tops on Weekly chart. Is it a method weekly-h4? Spinning top do not mean indecision? Ranging? Why u search sell trade,when u enter and why? Thanks

learn to see the weekly candles on your H4 chart...know where the week open, high, low and close were.

how are weekly spinning top candles created seen in H4.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD H4 with W1 bkgrd.png Size: 42 KB


do this before you start trade on your TMS charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,238
  • Feb 22, 2017 6:12am Feb 22, 2017 6:12am
Quoting Tekkies
{quote} This is what all those stupid negative post's of mine was about emmamual. This is what I can understand. (speaking for myself). This is why I am in this thread. To learn what BigE did not elaborated on. To understand what is not said or left out of post #647 and other post's. Thank you {image}
Hello Tekkies,please could u writte,why did u choose this trade,if u did check before higher time frim for cinfirm the trend...etc,the proces for make this decission...Thx alot it will be very helpfull:-))
  • #76,239
  • Feb 22, 2017 6:13am Feb 22, 2017 6:13am
Quoting okoso
{quote} Hi Emmanuel, I was getting bored with 2 days price action which neither allowed me to have some earlier pips nor built positions. I must admit that your post #76197 helped me to sill be focused and have some nice 90+ real pips. I would say price is now at an important level at 118.70 and if today's or even this week's candle closes lower than this level, as I see no price action on the left for some 3 months, we will have what you call "empty space". So we sell to empty space? Okoso

as I planned this week, I closed EJ day chart trade today...611pips in total. Good money.

Now I can plan and start a new basket with ME/ME since we have potential to sell into 'empty space'.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Feb closed trade 611pips.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,240
  • Feb 22, 2017 6:16am Feb 22, 2017 6:16am
Has been a long day for me writing in two forums.
But I enjoyed it as some of you enjoyed my price action posts today.
You want so more Pa stuff tomorrow and learn what Post#647 means?

Time for me to hit the sack.

Will be up for FOMC hour trading. Then to wake up my rooster to make sure it will crow for the sun to rise again.

Goodnight folks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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