rwb181 wrote:First, CJ; Thank you (and all others here who follow or precede his deeds) for your interest in helping others. You are a true mentor(s) and friend(s) to all traders.

Second, my question;
I have seen much talk about watching the spread to gauge the intentions of the fox but, what do you do or how do you deal with it if your account has a fixed spread? There is no widening (or lack thereof) to indicate his intentions (or disinterest).

Again, thank you (and others here) for your enlightenment and your interests in helping traders become more successful.

Ron

Durante wrote:

Kruspe wrote:I look at today´s chart. There was a nice pattern at GBPCHF... I attach a chart with some description

Good work Kruspe. I'd argue though that the stop hunt you have marked there is actually just volatility to create confusion. I could be wrong or we could both be right but using the definitions I've learnt, that doesn't quite fit as a stop hunt.

Durante wrote:

f451 wrote: A few points here

first off - the level counting is guide -sometimes the trend is too strong for a reversal, so there might be 4 or 5 or move days of push. Typically there are three pushes, but that's only typically. if you can't see the levels, move on to another chart where you can.

on higher timeframe charts stop hunts can and do last for days - on a 15M chart the stop hunt is probably around 4 to 8 bars. it depends on how big a position fox needs to accumulate or offload.

I've marked up your chart with my understanding of the level count - I think the three push idea actually hold here - at least that's my interpretation

with regards to returning to previous price levels - that will happen, and I don't think you can plan for it - I would just move on to another pair and trade something more obvious

Hi f451. I've always been under the impression that it's the players (aka foxes) who create gaps. At least gaps of that size and on week ends. Again I'm probably wrong but I'd be really interested to know what the captain thinks about that.

Pueo wrote:

kwanann wrote: Pueo,

thats exactly what i'm referring to, i dont see any stop hunt. anyway you should be in the green with the positioning, all the best!

*Just realised that in 3M there is a Eur Zone Retail Sales news event, i guess thats when the foxes will show their move

Here you can see the Asian consolidation box, the move 20 pips below is a stophunt to trap the breakout traders.

swisscheese wrote:Hi
This week I had almost no time for trading so I left some of the Positions...
Sometimes doing less is more...

have a nice Weekend.
Edi

mobthehop wrote:Kruspe - really appreciate your explanation and accompanying images - could you do me / us a favour and kindly add currency pair and tf to your images when you put in the explanation, a lot of members collect these for future reference...

Cheers & everybody have a great weekend

Mop

PS I know it was asked before but I can not remember if you answered - what platform are you using.....?

seanyd wrote:Can I post an Indicator that I found very interesting its called the T S R signal line ,

I know this is naked trading but for people like me that are not to sure if this is an entry or not ,

I think this could be an extra confirmation.



I have 2 on my chart Red on period 79 and method 3
and the green one set to 60 and 3

don`t know if i`m allowed to post this or not

please delete if so but I thought this might help

kwanann wrote:Had a fantastic week, next week will be trying to adapt CJ trading to a H4 or D1 trading pattern so that i do not need to spend so much time on the charts.

I believe it should be possible though it could be the case that my DD will be quite high.

Just wondering if anyone is trading off the higher TF charts rather than the 15m and 1H. I remember someone mentioning that H4 is biased thats why its better to trade off 1H, would it be the case for D1 as well?