Forex Price Action - Page 1344
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  1. #13431
    Join Date
    Apr 2013
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    Quote Originally Posted by EternalNewB View Post
    Sorry I formulated wrong I am not looking at a trading opportunity I am just trying to see if I am able to read the market not more no less.

    I mean I am not looking for an entry point just trying to see the history of the pair and where it might go
    This was exactly what i was talking about eternal, thanks for the visual representation bambino ;-)

  2. #13432
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    Apr 2013
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    Quote Originally Posted by afdx View Post
    Hi bambino. You are old member so you must know we dont use trend lines or any MA. Only two horizontal line.

    Cheers
    when the graph shows you a pennant you cannot ignore it. its still a clear price action signal. you just wait for more confirmation on where to enter.

  3. #13433
    Join Date
    Apr 2013
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    UK
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    783
    Quote Originally Posted by Kasravi View Post
    That laughter goes with your name,lol.

    I use mt-5.

    Cheers
    ok cool cheers bro

  4. #13434
    Join Date
    Sep 2012
    Location
    UK
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    1,499
    Quote Originally Posted by wm247
    With all due respect, stop taking gambler's excuse, folks. Instead, start building sniper's mentality. I've said back then, and I'll say it again here. Johnathon does not teach us to become a Forex trader. He teaches us to become a Forex sniper! One man's fate comes from one man's wait.

    Cheers!
    Very well said Will, less is more.

    Cheers

  5. #13435
    Join Date
    Aug 2013
    Posts
    129
    I agree and understand.
    I never want to say that you must trade everything, all timeframes and all PA which you see.
    So for all be sniper not machine gunner.
    I wrote it bad and gave bad example
    All I want to say is that even if you take 2 trades per year doesn't mean that you will be profitable. Saying after 2 unprofitable trades that you should trade demo and not live is premature.
    Never want to say that you must take 10 trades every day if you want to know your trading edge.
    And Jonathon is mentor he know exactly what he do. There aren't suprise for him. You can follow him (great idea) but cannot compare his results with yours. He is teacher he is better in this trading. Saying that Jonathon is success in 90% is great and you know that this system work but you are not Jonathon you cannot compare yourself with him. This expectations are too high and as someone who start with this metod ... you should be happy that you are profitable or BE in your first trading year. You shouldn't be confused that Jonathon's gain is 200% and why you don't have this too. For newbie it is too high expectation.
    Hope you understand what I mean.
    Last edited by bambino358; 09-26-2013 at 07:13 AM.

  6. #13436
    Join Date
    Apr 2013
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    UK
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    This deathstar is never going to get built. need more credits! Oh well I guess I don't have to cover that obvious weak point. I'm sure no one will notice....

  7. #13437
    Join Date
    Apr 2011
    Location
    Switzerland
    Posts
    282
    I was just rewatching this video. Most of you must have seen it but I thought it's good because it goes through many different situations. I especially like the USDCHF analyse when he shows when to switch from looking to go short to looking to go long.

    Check it out !


  8. #13438
    Join Date
    Aug 2013
    Posts
    129
    Ok Afdx,
    I understand. How I wrote 'sometimes little bit meticulous". I only want to reply to his question.
    Next time I show only naked chart and told him to draw it yourself. it will be much more useful.
    If you want to know Jonathon said that he doesn't use trendlines but have nothing against them.
    I am not old member I am here maybe 2 weeks ..not so old .
    Cheers
    Last edited by bambino358; 09-26-2013 at 07:14 AM.

  9. #13439
    Join Date
    Jun 2012
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    UK and New Zealand
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    458
    Quote Originally Posted by Mr B A Barracus View Post
    I would also like to know how to get longer time frames if possible please?
    longer and different time frames other than monthly weekly daily and 4hr 1 hr etc.are found on MT5 and not available on MT4 (as far as I know)so why not have a demo MT5 as well.
    Last edited by buster48; 09-26-2013 at 07:14 AM.

  10. #13440
    Join Date
    Jan 2012
    Posts
    1,814
    Quote Originally Posted by Songok View Post
    Interesting analysis, do You trade setups like this often? When the trend isnt yet reversed?
    I always get surprised when I get queries about the 1-2-3 pattern, especially because it's at the heart of how we trade (!)

    When price is in a swing (whether short-, middle- or long-term), we trade PA formed after pull-backs within the trend [ that IS 1-2-3 ] And if you have counter-trend in your plan, the CT PA are fair game as well.

    1-2-3 helps us spot potential trend reversals.

    Concept:
    Name:  1-2-3_concept.png
Views: 2192
Size:  7.6 KB


    In action: (c) FSO
    Name:  1-2-3_in_action.png
Views: 2185
Size:  68.8 KB

    READ MORE:
    https://www.forexschoolonline.com/ho...epth-tutorial/

    Cheers

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