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 Forex Version 19, Foreign Exchange Market Discussion

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afie98120
post Nov 10 2016, 04:21 PM

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Supply and Demand, Greed and Fear, Fundamental, Sentiment + order flow


btw EG breakout, finally rclxm9.gif gogo Hit TP 1 pls 0.86800 sad.gif
Johnhun
post Nov 10 2016, 04:22 PM

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QUOTE(hehe86 @ Nov 10 2016, 03:43 PM)
» Click to show Spoiler - click again to hide... «


in these example, is basically risking 2% in each order with a R:R of 1:3 right? and you compound it with every consistent 5 trades of 3W 2L, withdraw and repeat?
*
yep 2% five order.
afie98120
post Nov 10 2016, 04:29 PM

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QUOTE(testkindtest @ Nov 10 2016, 03:15 PM)
i smell eurusd gonna dip down abit more maybe 50 more pips hmm.gif
*
instant sell at 1.093x with very2 tight stop
TP 1 50 pips TP 2 open, hmm.gif will price break 1.0855 mari kita sama2 saksikan brows.gif
testkindtest
post Nov 10 2016, 04:40 PM

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QUOTE(afie98120 @ Nov 10 2016, 04:29 PM)
instant sell at 1.093x with very2 tight stop
TP 1 50 pips TP 2 open, hmm.gif will price break 1.0855  mari kita sama2 saksikan brows.gif
*
right now from the candle pattern i think it will go up to 1.099xx area before going down hmm.gif

This post has been edited by testkindtest: Nov 10 2016, 04:41 PM
afie98120
post Nov 10 2016, 04:45 PM

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QUOTE(testkindtest @ Nov 10 2016, 04:40 PM)
right now from the candle pattern i think it will go up to 1.099xx area before going down  hmm.gif
*
SL dah blink2 laugh.gif
testkindtest
post Nov 10 2016, 04:47 PM

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QUOTE(afie98120 @ Nov 10 2016, 04:45 PM)
SL dah blink2  laugh.gif
*
not yet, wait hourly candle close only can see where its going now, i also confuse abit with market movement today rclxub.gif
Johnhun
post Nov 10 2016, 04:54 PM

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QUOTE(AllnGap @ Nov 10 2016, 04:08 PM)
price follows volume (order size). even with price action, what kind of price action will have higher percentage or higher relevance

backtest using M1 charts and see where are the big candles (if average M1 candle less than 3pip, then multiply that by factor of 3~4 only to qualify as sudden big candles,)
draw horizontal lines around those big candles which are constantly tested many many times.

then observe what happens the next day when price retest those horizontal lines.
those are the levels which the banks use the most.
user posted image

if u understand gambling theory and how casino win money, then u understand that not every price level has the same Risk : Reward.

same goes with bankers, they push it to that purple level to get better price (or to close their losing short position), then the price continue going up.
if the price breaks below purple box area, means the buyer already lost, so buyer turned seller, price would most likely go down.

these critical levels exists everyday, not so accurate if apply to cross pair because of 2 in 1.
*
In Diagram Version....


Attached thumbnail(s)
Attached Image
afie98120
post Nov 10 2016, 04:55 PM

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QUOTE(Johnhun @ Nov 10 2016, 04:54 PM)
In Diagram Version....
*
SND masta notworthy.gif

im looking for SND sifu can teach me tak wub.gif
Johnhun
post Nov 10 2016, 04:58 PM

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QUOTE(afie98120 @ Nov 10 2016, 04:55 PM)
SND masta  notworthy.gif

im looking for  SND sifu can teach me tak wub.gif
*
i'm not mastar yet bye.gif
still learning my course havent finish rclxub.gif now in performance test only got 3 more topic to go tho....
afie98120
post Nov 10 2016, 04:59 PM

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QUOTE(Johnhun @ Nov 10 2016, 04:58 PM)
i'm not mastar yet  bye.gif
still learning my course havent finish  rclxub.gif  now in performance test only got 3 more topic to go tho....
*
belajar dengan siapa bro? brows.gif
testkindtest
post Nov 10 2016, 05:02 PM

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QUOTE(afie98120 @ Nov 10 2016, 04:59 PM)
belajar dengan siapa bro?  brows.gif
*
Its going down, your analysis correct
Johnhun
post Nov 10 2016, 05:05 PM

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QUOTE(afie98120 @ Nov 10 2016, 04:59 PM)
belajar dengan siapa bro?  brows.gif
*
pmpm haha
afie98120
post Nov 10 2016, 05:13 PM

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QUOTE(testkindtest @ Nov 10 2016, 05:02 PM)
Its going down, your analysis correct
*
continuation of bear momentum,
my 2 penny thought if price cannot break 1.09 maybe price will go back to 1.099
SUSAllnGap
post Nov 10 2016, 05:28 PM

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QUOTE(Johnhun @ Nov 10 2016, 04:54 PM)
In Diagram Version....
*
ur diagram is correct, but the volume behind the candle is unknown
testkindtest
post Nov 10 2016, 07:03 PM

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QUOTE(afie98120 @ Nov 10 2016, 05:13 PM)
continuation of bear momentum,
my 2 penny thought if price cannot break 1.09 maybe price will go back to 1.099
*
Careful area 1.089 seems like it will bounce up again...
tzmon
post Nov 10 2016, 09:25 PM

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QUOTE(AllnGap @ Nov 10 2016, 04:08 PM)
price follows volume (order size). even with price action, what kind of price action will have higher percentage or higher relevance

backtest using M1 charts and see where are the big candles (if average M1 candle less than 3pip, then multiply that by factor of 3~4 only to qualify as sudden big candles,)
draw horizontal lines around those big candles which are constantly tested many many times.

then observe what happens the next day when price retest those horizontal lines.
those are the levels which the banks use the most.
user posted image

if u understand gambling theory and how casino win money, then u understand that not every price level has the same Risk : Reward.

same goes with bankers, they push it to that purple level to get better price (or to close their losing short position), then the price continue going up.
if the price breaks below purple box area, means the buyer already lost, so buyer turned seller, price would most likely go down.

these critical levels exists everyday, not so accurate if apply to cross pair because of 2 in 1.
*
Really fantastic advice! icon_rolleyes.gif
tzmon
post Nov 10 2016, 09:29 PM

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Take long on GCAD.rclxms.gif
anyone using BB line for entry/exit?

Attached Image
afie98120
post Nov 10 2016, 10:14 PM

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QUOTE(tzmon @ Nov 10 2016, 09:29 PM)
Take long on GCAD.rclxms.gif
anyone using BB line for entry/exit?

Attached Image
*
your SL sweat.gif
tzmon
post Nov 10 2016, 10:32 PM

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QUOTE(afie98120 @ Nov 10 2016, 10:14 PM)
your SL sweat.gif
*
biggrin.gif quite large SL.
normally I manually close in case any happen.

This post has been edited by tzmon: Nov 10 2016, 10:33 PM
TSdemolationz
post Nov 11 2016, 03:32 AM

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QUOTE(tzmon @ Nov 10 2016, 09:29 PM)
Take long on GCAD.rclxms.gif
anyone using BB line for entry/exit?

Attached Image
*
Nope. but my TP @ 171318

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