sympathy » Sun Jul 05, 2015 1:38 pm wrote: nice chart bro. from your analysis, you sold at level 2 which is wrong. when you fail at first attempt, you try another one ok. seems you are getting the scope Weldon.
Many thanks Sympathy.
I did set a pending but it never filled.
I will stick to M15 while learning to see the setups.
Occam » Sat Jul 04, 2015 3:37 am wrote:
I'm not much more experienced than you David at levels, so don't take this as gospel but I remember looking at the GA M15 pin at the time and thinking that that area was not the real level 3. Here's how I had the levels at the time. After that strong M15 move in one push I was expecting at least the previous M15 wick and the previous H1 highs to get tested or at least a higher second leg on your M than you had the time of your entry and then a reversal (which didn't happen), and thought it was more likely there might be another M15 push - and PA just pushed higher and I didn't see a nice entry long other than just taking the break.
Edit: I should have added that level on H1 looks like a stop hunt, which CJ said you don't count as a level
Thanks for taking the time to reply & post your thoughts.
I have learnt a few things from what you have said & will watch for levels that have been established with a few more candles.
kroghd » Sat Jul 04, 2015 10:11 am wrote:Hi Everyone,
My first post - been reading this thread with much enthusiasm now up to around page 350 and must say many thanks to everyone including CJ who took the time & effort to share their experiences & build the thread early on.
I am starting to look at following the fox myself & would like to post some charts which I thought might have produced a trading opportunity but the reversal never happened.
I was sitting on my hands because I was waiting for a possible reversal as per 1h - I wasnt sure if there was actually Level 1 before the Level 1 that I had marked.
Just wondering of some of the more experienced people could share with us some insight for what I was missing - this would have been a real juicy trade for the experts who could see what was happening.
Many Thanks
-David
Waiting for the fox on 5M
I'm not much more experienced than you David at levels, so don't take this as gospel but I remember looking at the GA M15 pin at the time and thinking that that area was not the real level 3. Here's how I had the levels at the time. After that strong M15 move in one push I was expecting at least the previous M15 wick and the previous H1 highs to get tested or at least a higher second leg on your M than you had the time of your entry and then a reversal (which didn't happen), and thought it was more likely there might be another M15 push - and PA just pushed higher and I didn't see a nice entry long other than just taking the break.
Edit: I should have added that level on H1 looks like a stop hunt, which CJ said you don't count as a level
Hy Occam,
what indicator do you use for showing RDH, RDL, RWH and RWL?
I searched for a simpler one but all of them have too unnecessary additional lines.
Thanks and give us more comments on charts, they are great
Maybe you can try this, I use this one. Very simple, 2 lines for HOD and LOD. You can add 1 more for weekly high low, but I remember CJ says that weekly high low is not relevant (correct me if I'm wrong)
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fiox » Mon Jul 06, 2015 10:14 am wrote:Maybe you can try this, I use this one. Very simple, 2 lines for HOD and LOD. You can add 1 more for weekly high low, but I remember CJ says that weekly high low is not relevant (correct me if I'm wrong)
Much better than mine ... works great, it couldn't be more simpler,
Hi guys!
I'm looking for multi time frame indi, but that one on first page is not working right on my Empty4(it shows numbers instead of bars) Anyone using different version? Or maybe my settings are wrong?
Wisznu » 19 minutes ago wrote:Hi guys!
I'm looking for multi time frame indi, but that one on first page is not working right on my Empty4(it shows numbers instead of bars) Anyone using different version? Or maybe my settings are wrong?
I like this one more, no font problems and it also runs flawlessly under Linux. Lot of nice extra features (donationware):