btw EG breakout, finally
Forex Version 19, Foreign Exchange Market Discussion
Forex Version 19, Foreign Exchange Market Discussion
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Nov 10 2016, 04:21 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
Supply and Demand, Greed and Fear, Fundamental, Sentiment + order flow
btw EG breakout, finally |
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Nov 10 2016, 04:22 PM
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Junior Member
227 posts Joined: Jun 2016 From: penang |
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Nov 10 2016, 04:29 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
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Nov 10 2016, 04:40 PM
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Junior Member
64 posts Joined: Jun 2014 |
QUOTE(afie98120 @ Nov 10 2016, 04:29 PM) instant sell at 1.093x with very2 tight stop right now from the candle pattern i think it will go up to 1.099xx area before going down TP 1 50 pips TP 2 open, This post has been edited by testkindtest: Nov 10 2016, 04:41 PM |
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Nov 10 2016, 04:45 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
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Nov 10 2016, 04:47 PM
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Junior Member
64 posts Joined: Jun 2014 |
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Nov 10 2016, 04:54 PM
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Junior Member
227 posts Joined: Jun 2016 From: penang |
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 In Diagram Version....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. ![]() 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. Attached thumbnail(s) |
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Nov 10 2016, 04:55 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
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Nov 10 2016, 04:58 PM
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Junior Member
227 posts Joined: Jun 2016 From: penang |
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Nov 10 2016, 04:59 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
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Nov 10 2016, 05:02 PM
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Junior Member
64 posts Joined: Jun 2014 |
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Nov 10 2016, 05:05 PM
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Junior Member
227 posts Joined: Jun 2016 From: penang |
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Nov 10 2016, 05:13 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
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Nov 10 2016, 05:28 PM
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
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Nov 10 2016, 07:03 PM
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Junior Member
64 posts Joined: Jun 2014 |
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Nov 10 2016, 09:25 PM
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Junior Member
98 posts Joined: Dec 2012 |
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 Really fantastic advice! 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. ![]() 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. |
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Nov 10 2016, 09:29 PM
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Junior Member
98 posts Joined: Dec 2012 |
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Nov 10 2016, 10:14 PM
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Junior Member
275 posts Joined: Nov 2012 From: Yeyea Dah 2 star yeyea |
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Nov 10 2016, 10:32 PM
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Junior Member
98 posts Joined: Dec 2012 |
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Nov 11 2016, 03:32 AM
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Senior Member
2,250 posts Joined: Oct 2009 From: Bangi : Serdang : Sitiawan |
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