Hi Emmanuel, could you clarify what items 4 and 5 were in the original 5 Method? If we don’t include them, it seems this method should really be called the "3 Method." My question is: What exactly are the 5 points of the original 5 Method? (And yes, ...

Trading Made Simple

Not posting often, but this one irked me... Bill Williams has never been recorded to have said that about the TDI/RSI - just because You (since80808) don't seem to understand the nuances of price action, the TDI/RSI tries to converse, it does not ...

(binned per thread starter request) Simple trading II

I don't see the point of your post - on the TF you posted it made a new low and it is far away from making a new high...!?

Price Will Tell - Supply/Demand Price Action Trading

I believe that the trend depends on the timescale chosen to observe the market. I don’t think there is one correct trend in price. How to use the info? I think there is no right or wrong approach... But I don’t think that the trend on the Daily is ...

Price Will Tell - Supply/Demand Price Action Trading

I don't use volume but your entry was a valid breakout pullback entry in my book anyway, albeit late in the move and directly into S/R below...

Price Will Tell - Supply/Demand Price Action Trading

image What are your thoughts...?

Price Will Tell - Supply/Demand Price Action Trading

Fully agree - good areas for short targets and also to watch for possible bounce up...

Price Will Tell - Supply/Demand Price Action Trading

I'd say down since the break of this level... image

Price Will Tell - Supply/Demand Price Action Trading

Nice one - I missed the early Asian retest opportunity...

Price Will Tell - Supply/Demand Price Action Trading

Same to you - and happy pondering on how to best capitalize on a 'Failure to Continue' at S/R...

Price Will Tell - Supply/Demand Price Action Trading

I fully agree with you regarding Limit Orders - perhaps more trade opportunities can be capitalized on by expanding on what constitutes 'Confirming PA' when price reaches these zones and doesn't break them...

Price Will Tell - Supply/Demand Price Action Trading

image I would put 'direction' as down until it breaks the Supply above successfully with acceptance... being aware of the next Supply above...

Price Will Tell - Supply/Demand Price Action Trading

Thanks for your view. I tend to rather find direction at least one TF higher when entering on M1/5/15 - higher than that, the Entry-TF is used for direction. Targets are usually a TF or two higher...

Price Will Tell - Supply/Demand Price Action Trading

Out of curiosity - where would you determine 'direction' - on the time frame you intend to take the trade or a time frame or two higher...?

Price Will Tell - Supply/Demand Price Action Trading

... and if you place the white line along the left edge of the other wing, the perspective will shift and you will view the plane as being below you and banking right... Thus for trading, we have to figure out which lines are of relevance to our ...

Price Will Tell - Supply/Demand Price Action Trading

On my charts both rejections have the same high as well, price was 0.75592

Price Will Tell - Supply/Demand Price Action Trading

Here is my take of that chart image

Price Will Tell - Supply/Demand Price Action Trading

Fair enough...! Funny, I took some time off from FF etc to regroup and develop my own way, and found out basically exactly what you describe concerning SD/SR... :-)

Price Will Tell - Supply/Demand Price Action Trading

Great summary Simon - could not agree with you more, but why take out all the old stuff - there are so many morsels of wisdom it for others to find...

Price Will Tell - Supply/Demand Price Action Trading

If I was looking only at the M5 and ignore all the TFs above, I'd be looking to buy in the vicinity of 113.11 to113.16... should that fail I'd look at ard 113.03 again...

Price Will Tell - Supply/Demand Price Action Trading