GoldenFinger » Mon Aug 15, 2016 8:37 pm wrote:

Zoltr1x » Mon Aug 15, 2016 6:48 am wrote:
Could you say more about this? If you don't mark price, how did you know when price want to reverse? Classical candlestick analysis? i.e. pin bar, RRT, engulfing, or you just look how "whole" price behave in certain "zones"?

Can you show us some charts with it?

Can u tell me how many levels are there on this chart?
Show me how do u count it

If u counted it wrongly and take trade from level 3, it is no difference than catching a falling knife

Look at the red circle,
it is a change of price structure, and has given u 2 warning that trend is about to change.
You can either close all your short or anticipate long. And take note of how price go up before going down in the circle, what's their intent behind this


When they have all the orders, Bam it goes!

Look at this one explosive bullish bar, it shows the velocity, big money is behind this and confirm a change in trend

Bear in mind though
Never try to catch top and bottom, it will cost u a lot of money. U will never know when the big money decide to initiate , so just to catch the middle chunk of it. In other words, put stop order in the middle and let price carry your trade. As soon as u see sign of weakness, liquidate. This is an early sign that big money is dumping their position to all those late comers or someone that use lagging indicators.

pin bar, RRT, engulfing is essentially a change of structure in higher timeframe.

marcoFF » Fri Aug 12, 2016 9:50 pm wrote:

xrismak » Fri Aug 12, 2016 6:07 pm wrote:Hello Peeps,

I AM Done with the Sell Side, now I am Going to Sit on the Fence and Watch the FOX Accumulate away... before showing it's Real Hand...



Have A Nice Weekend...


xrismak

Hi xrismak, can you explain why you often have a small trade with tons of pips loaded?

GoldenFinger » Mon Aug 15, 2016 12:37 pm wrote:

Zoltr1x » Mon Aug 15, 2016 6:48 am wrote:
Could you say more about this? If you don't mark price, how did you know when price want to reverse? Classical candlestick analysis? i.e. pin bar, RRT, engulfing, or you just look how "whole" price behave in certain "zones"?

Can you show us some charts with it?

Can u tell me how many levels are there on this chart?
Show me how do u count it

If u counted it wrongly and take trade from level 3, it is no difference than catching a falling knife

Look at the red circle,
it is a change of price structure, and has given u 2 warning that trend is about to change.
You can either close all your short or anticipate long. And take note of how price go up before going down in the circle, what's their intent behind this


When they have all the orders, Bam it goes!

Look at this one explosive bullish bar, it shows the velocity, big money is behind this and confirm a change in trend

Bear in mind though
Never try to catch top and bottom, it will cost u a lot of money. U will never know when the big money decide to initiate , so just to catch the middle chunk of it. In other words, put stop order in the middle and let price carry your trade. As soon as u see sign of weakness, liquidate. This is an early sign that big money is dumping their position to all those late comers or someone that use lagging indicators.

pin bar, RRT, engulfing is essentially a change of structure in higher timeframe.

Business taken care of. The last bear trend down to the final main trend. Expecting a 200-300 pip bull-trend. Buckle up.

dudest » Tue Aug 16, 2016 10:56 am wrote:
A feeler trade, I suppose

( Xrismak's reason may be different but ) sometimes I get a better view of the whole picture when I'm in a trade

So instead of entering full lots, a 0.01 trade will do ( if a feel for what's happening is what you want to do )

.