Forex Price Action - Page 1437
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  1. #14361
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    Quote Originally Posted by buster48 View Post
    I expected better of you wm247 so I will refrain from saying in this instance, "so here we have the first BS merchant out of the woodwork"
    Well if you want to continue derailing the PA topic in this thread, then I'm out. I have seen enough keyboard warriors at many babypips threads, so if you expect me or anybody here to take your flaming bait, I rest my case because it shows everyone here about your true intention.

    Let's move on to the REAL PA discussion, shall we?

  2. #14362
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    Jun 2013
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    I want to hear your opinion first. What do you think, is it an A+ trade setup? And why do you think that way? What are the pros and the cons of your trade setup?

    Quote Originally Posted by nkanirmal View Post
    Attachment 53323

    usdchf weekly beeb what's your opinion????

  3. #14363
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    Jun 2012
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    Quote Originally Posted by wm247 View Post
    Well if you want to continue derailing the PA topic in this thread, then I'm out. I have seen enough keyboard warriors at many babypips threads, so if you expect me or anybody here to take your flaming bait, I rest my case because it shows everyone here about your true intention.

    Let's move on to the REAL PA discussion, shall we?
    Don't be such a drama queen WM I'm not derailing any thing I'm just questioning things as any thinker should,if your going to blindly follow something someone says with out question dosent that tell you something.I'm unsure how far advanced your trading knowledge is so there's the rub you could be just another wanabe for all I know.My true intentions are to learn and make money nothing more nothing less,and I repeat Ive learnt more from Johnathon's forum than any other I'm just(as I said ) not sure If its enough.This is why there has of been of late an exodus to another forum (including yourself WM) .Because of the very few tradeable setups we see with this method it would seem untenable unless huge stakes were involved which most of us (I guess) cant afford,so while I think Js concise method is excellent the traceable setups are too few and far between,so could you (Johanathon) include another thing in to give us more setups somehow.
    Last edited by buster48; 10-21-2013 at 03:36 AM.

  4. #14364
    Join Date
    Nov 2011
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    2,497
    Buster - I like to question the 'why' of price, the very question you posed I asked of many, always without a satisfactory answer.

    The nearest answer that made some sense to me was by a long term trader who said that as a clerk, back in the old days his job was to pile the paper orders on his desk, then when price reached a level he would have to pair those orders.

    There were times that he would have, for example, many more buy orders than sells, price would move up after matching the orders that he had, and some buys would be left behind. He noticed often as price worked back down - right to the orders - then they were matched with the new sells - desk cleared, price back up and no buy orders left.

    So now when I see price coming back down to a previous buying point (support) I think of those unmatched orders from last time. ( I also look at the 'rate of fall' and the reason for the price increase - but that's a different story.)

    Just a way that I look at it

  5. #14365
    Join Date
    Sep 2012
    Posts
    210
    Thanks Coach! I'm following the system, I have developed a strong money management plan & continue to work on my psychology so I'm winning consistently.
    1 million dollars after 1 million trades

    [QUOTE=Forex School Online;553583]Really nice trading Chisha! Really solid pre-trade marked levels is also what stands out as well

  6. #14366
    Join Date
    May 2012
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    27
    Quote Originally Posted by buster48 View Post
    Don't be such a drama queen WM I'm not derailing any thing I'm just questioning things as any thinker should,if your going to blindly follow something someone says with out question dosent that tell you something.I'm unsure how far advanced your trading knowledge is so there's the rub you could be just another wanabe for all I know.My true intentions are to learn and make money nothing more nothing less,and I repeat Ive learnt more from Johnathon's forum than any other I'm just(as I said ) not sure If its enough.This is why there has of been of late an exodus to another forum (including yourself WM) .Because of the very few tradeable setups we see with this method it would seem untenable unless huge stakes were involved which most of us (I guess) cant afford,so while I think Js concise method is excellent the traceable setups are too few and far between,so could you (Johanathon) include another thing in to give us more setups somehow.
    The fine line for Johnathon is how to keep members happy and not pee them off with discussing too much in babypips. I am sure if he had it his way he would discuss a lot more in here, because in the members area and courses there are more setups taught and traded such as continuation and breakouts etc

    Traders in here are not are even aware about these setups taught in the members area because Johnathon makes sure members keeps them in the members area and so traders outside and in here in just assume and think that what they talk about in here is that's all there is, but what is talked about in here is only trading reversal signals.

  7. #14367
    Join Date
    Aug 2007
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    Quote Originally Posted by buster48 View Post
    Regarding support and resistance lines,you do have to wonder sometimes if its just the human mind seeking logic that we put any s/r line in. The idea is not to just put a S/R line on the chart at random. You need to dial back on your timeframes to find significant S/R levels. These can also be found if you take a look through other traders' charts etc. Try this on your chart ,put a line on your chart randomly (with your eyes closed maybe) then check if price has bounced of it,I bet you find it has in a few places.Touching just once or twice is not the criteria for a significant/tradeable S/R line/area. You need multiple touches & a clear indication of support or resistanceSo this begs the question are we just fooling ourselves to think there's a logic there when none exists.Don't get me wrong I'm not saying I'm definitely right,its just after 3+ years spending large amounts of time looking at charts I am beginning to wonder if I'm trying to find logic in an illogical situation .If you have spent 3+ years studying PA you should really by now know the answer to this question.I know a few people will jump up and down saying I'm wrong but are they really consistently right (I'm pretty good at recognizing the BS merchants now) or have they had a few lucky wins only to lose it all on the next trade.If your a true thinker and not a blind follower there's nothing wrong with asking these questions,you'd be a fool if you did'ent really.Is it a case of the kings new clothes,(google it if you don't know the song). I know Johnathon will have an opinion but he has got an axe to grind after all.Saying this though Ive probably learnt more from his thread and method than any other Ive looked at so Id have to thank him for that.Im just not sure Its enough.
    Yes it is great to have an inquiring mind, ask all the pertinent questions, however go
    back to the start of the thread & just read through & watch the first few videos. Where
    are the S/R levels? Are they random? As though they had just been thrown on the chart?

    Of course the O/P is not going to give you all the answers, why do you think that is?

  8. #14368
    Join Date
    Jan 2012
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    He guys,

    after writing my last article I received a lot of emails and questions. I have now covered these for guys you in-depth in the latest video including points such as candles closing above/below key flip areas and marking levels with line or candles charts (why/why not). Any questions post them up in here and we can go through them.



    Safe trading,

    Johnathon
    Last edited by Forex School Online; 10-21-2013 at 09:03 AM.

  9. #14369
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    Aug 2007
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    UK
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    Quote Originally Posted by buster48 View Post
    yet another meaningless reply
    Okay I get where you are coming from now, I'll leave you to your ignorance.

    Best of luck

    PS To all the true followers of this thread the O/P has published a great vid. above
    with some superb learning.

    Quote Originally Posted by Forex School Online View Post
    He guys,

    after writing my last article I received a lot of emails and questions. I have now covered these for guys you in-depth in the latest video including points such as candles closing above/below key flip areas and marking levels with line or candles charts (why/why not). Any questions post them up in here and we can go through them.



    Safe trading,

    Johnathon

  10. #14370
    Join Date
    Apr 2013
    Location
    UK
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    783
    getting excited AUDCAD price is ever climbing to that significant level!!!

    Name:  audcad sell near 1.000.jpg
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    just need a fat PA signal and its hands to selling stations!

    Darth

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