Catching The Fox

Post by **waza** » Fri Feb 09, 2018 3:29 pm

as you can see i got 1 or 2 wrong but all in all pretty good

oh forgot to say next week my charts are going to look slightly different - the levels will be colour small lines this way i don't have to have 3 different templates for my charts. eg 1hr 4hr daily. and also i can look at higher timeframes and not just see a complete mess.

Post by **waza** » Fri Feb 09, 2018 4:01 pm

ok sample of what i'm talking about next week, this is so your not too confused.

Daily - yellow
4hr - sky blue
1hr - Lime Green

Vivforex · Post by **Vivforex** » Sat Feb 10, 2018 12:46 am

Keep up the good work!

CJ would be proud of you

Out of interest, what do you think about trading the PH and PL when you see a pattern, rather than just getting filled and hoping for the order to go our way? I’ve noticed that if you are at a PH or PL on, say the D1.... the market moves in our favour and then retraces to 78% fib level before continuing its run. At times there could be a Gartley or bat too.

I know it complicates things and isn’t CJ’s original strategy.... but it may help people like me who are learning to read the market but enter and end up in drawdown!

Viv

Post by **dydynamic** » Sat Feb 10, 2018 7:02 am

EURAUD H4

Post by **waza** » Sat Feb 10, 2018 11:03 am

Vivforex » Sat Feb 10, 2018 12:46 am wrote:Keep up the good work!

CJ would be proud of you

Out of interest, what do you think about trading the PH and PL when you see a pattern, rather than just getting filled and hoping for the order to go our way? I’ve noticed that if you are at a PH or PL on, say the D1.... the market moves in our favour and then retraces to 78% fib level before continuing its run. At times there could be a Gartley or bat too.

I know it complicates things and isn’t CJ’s original strategy.... but it may help people like me who are learning to read the market but enter and end up in drawdown!

Viv

I know what you mean about the retrace, i believe that's just them not got enough orders and it's to create a bigger M - Well what to do is move it to BE and if it takes it out just wait for another entry. as long as you know that it's at PH/PL then stick to your guns.

Post by **waza** » Sat Feb 10, 2018 11:05 am

dydynamic » Sat Feb 10, 2018 7:02 am wrote:EURAUD H4

good Call on this, just be careful on this one though as i see this as a 2nd level reset. and heading south now but this is the one chart that i did not like, so i never marked it.

Post by **rozmer** » Sat Feb 10, 2018 8:20 pm

Hi WAZA / DYDANAMIC
I am in for a short on the 4h ,for a few pips.
But on a daily chart ,i agree WAZA that they are eventually heading up .
Regards
Rozmer

Post by **dydynamic** » Sun Feb 11, 2018 11:01 pm

waza » Sat Feb 10, 2018 11:05 am wrote:
good Call on this, just be careful on this one though as i see this as a 2nd level reset. and heading south now but this is the one chart that i did not like, so i never marked it.

Post by **dydynamic** » Mon Feb 12, 2018 7:15 am

Waza I want to thank you again for starting this thread, it has helped me to get my forex mojo back and now I am more focused than ever....

It is incredible that once you start to see you can not unsee.....

I will share my methods of catching the fox here and continue to look for new tricks to improve my trading skills........ :hi: