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Journal of Junior Hunter (Charts & Explanations)
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Author:  Fable [ Sun Oct 19, 2014 1:57 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
tienbanker » Sun Oct 19, 2014 4:49 pm wrote:About gchf i see it has the big opportunities
Why do say there is a lot of sellers there ??? This is absolutely not what I see :) All I see is price going higher and a small pullback...
Author:  Fable [ Sun Oct 19, 2014 1:59 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
tienbanker » Sun Oct 19, 2014 4:41 pm wrote:Thanks for reply.
firstly we must clear define the 'PUSH' and 'LEVEL'.
based on tf but i think level is the consolidation zone. and push is the action to make the new level.
so in here the level 1 i think is the consolidation lowest.
The trouble here is some push is difficult to count as level. some temporary peak can be counted as push? i.t make me confuse.
Picture have white line is level and push i note the number.
Hope we can discuss to more understand.
Best regard.
Push and Level is exactly the same thing, just on different TF/scale if you want.


WHY is wave counting so hard ? Because YOU CAN'T KNOW FOR SURE @the moment

Off course we can discuss chart analysis, that's what I do in this topic BUT I do it from a trader point of view, meaning I DON'T CARE to be right or to be able to count wave with stricts rules, and neither should you, according to my humble opinion !

What I try to explain to you is what I describe in my charts as tradable opportunities, I leave pure technical analysis to technician which is not something I want to do !

I guess it's not what you want to do neither ! Maybe CJ can analyse chart with deadly accuracy, I can't !
And even CJ is not ALWAYS right !

So what I'm saying is yes it's important to analyse price move, but I CAN'T give you better rules than CJ to count waves, as I said I'm not good at it ! I mean I can analyse a chart for sure (read my previous posts), but not with very high precision.
Author:  tienbanker [ Sun Oct 19, 2014 2:00 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
Gu as well. h4 same gchf and daily have W.
Author:  tienbanker [ Sun Oct 19, 2014 2:12 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
Fable » Sun Oct 19, 2014 8:57 pm wrote:
tienbanker » Sun Oct 19, 2014 4:49 pm wrote:About gchf i see it has the big opportunities
Why do say there is a lot of sellers there ??? This is absolutely not what I see :) All I see is price going higher and a small pullback...
I see the volume higher and the candle have the pin higher, it is trap volume.
You see the above candle no pin lower than some candle i note. the MM dont want to release any shorter.
Best regard.
Author:  Fable [ Sun Oct 19, 2014 2:14 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
tienbanker » Sun Oct 19, 2014 5:12 pm wrote:
Fable » Sun Oct 19, 2014 8:57 pm wrote:
tienbanker » Sun Oct 19, 2014 4:49 pm wrote:About gchf i see it has the big opportunities
Why do say there is a lot of sellers there ??? This is absolutely not what I see :) All I see is price going higher and a small pullback...
I see the volume higher and the candle have the pin higher, it is trap volume.
You see the above candle no pin lower than some candle i note. the MM dont want to release any shorter.
Best regard.
I'm sorry I don't really understand your english... which languages do you speak ?
Author:  tienbanker [ Sun Oct 19, 2014 2:28 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
I see trap volume. The Market Maker do not want to release any short in the previous. See price never go back for these pin.
Sorry for my bad English.
Author:  Fable [ Sun Oct 19, 2014 2:31 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
tienbanker » Sun Oct 19, 2014 5:28 pm wrote:I see trap volume. The Market Maker do not want to release any short in the previous. See price never go back for these pin.
Sorry for my bad English.
Well, this is not how I would have analyse it, but we have the same conclusion, price is clearly going higher and you can use this pin as a SL... so what's your question ?

Regards,

Fable
Author:  tienbanker [ Sun Oct 19, 2014 2:47 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
So based on tf we will choose the other point to count right? How about the gold level?
Thanks for your suggest. Just wait and choose the opportunity trade. Appreciated this.
About the Nzdusd hope will get w to buy. the daily i see here is zone for track both seller and buyer. so just wait to buy.
Author:  tienbanker [ Sun Oct 19, 2014 2:59 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
[quote=Well, this is not how I would have analyse it, but we have the same conclusion, price is clearly going higher and you can use this pin as a SL... so what's your question ?

Regards,

Fable[/quote]
Dear fable,
Thanks for your sharing and answer my question. Some picture listed above it is my opinion about the pair in the market, it have the big opportunity and we can discuss about the strategy about it.
Best regard.
Author:  Fable [ Sun Oct 19, 2014 3:00 pm ]
Post subject:  Journal of Junior Hunter (Charts & Explanations)
tienbanker » Sun Oct 19, 2014 5:47 pm wrote:So based on tf we will choose the other point to count right? How about the gold level?
Thanks for your suggest. Just wait and choose the opportunity trade. Appreciated this.
About the Nzdusd hope will get w to buy. the daily i see here is zone for track both seller and buyer. so just wait to buy.
Well, It's the same trouble I told you earlier, I don't believe I can help you with this because I DON'T DO PREDICTIONS, this is the work of an economist (= a useless guy that IF he is very good might go on medias and give his forecasting), i'm trading not guessing !

The only thing I can rely about what you say is WAIT, wait for a entry that make sense to you.

If you want advice from me, I can give you 2:

- I think you need to learn more about price reading to gain edge over the market and gain confidence in your trades
- Stop thinking like a analyst, start thinking as a trader, read CJ pdf on his first post, that will help you a great deal !

We can discuss setups, patterns, you name it.

BUT I will never discuss forecast, I don't want to seems rude to you, I'm just being honest with you.

Best regards,

Fable
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