trading plan this week Practice identifying Pullback candles and inside bar formations. Record sucess rate. Practice identifying 68/32 overbought/sold zones

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That sounds pretty good

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Weekly goal: Approach tms simply again. Look at daily high low, LO price ation and TDI in overbought/oversold zones

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thank you phx62

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Hello Phx 62. Inspiring as usual. For the second trade, you entered on a double bottom. Does the double bottom have to be exact? I couldnt see any candle bottoms aligning perfectly. Also, you used the 50 zone for confirmation on your trades this ...

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agree

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got it. thanks

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Hello Phx62, good job. I was wondering, after the 40pip m15 trade, the tdi crossed back up and then went down again for about 100pips. What made you decide not to enter? was it because there was no obvious s/r or the tdi being at 50?

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Awesome. Phx62, what made you decide to trade the AU? I looked at the atr for it and it was only about 20 pips. id you enter in 15min because market was ranging recently? inspiring as usual. Thanks

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loads of info today. time to digest too stubborn to accept that I need to know all of this to do H1. Need to look at bigger picture

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i actually have a copy of that maybe my platform was showing the wrong candlesticks. I sorta see a formation for wed/thurs and thurs/fri but not for fri/mon unfortunately

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is this the narrow range? What implication would it have inside the narrowing day range?

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oh ok. for the inside bar, do you only consider the bodies and not the wicks? cause the monday one had a wick stick out and wasnt engulfed/

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for the narrowing range, are you referring to the obvious one i drew or is there another narrowing range you are talking abuot? going to add those S/R levels and fib levels on chart now.

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if it is H1 should I pay attention to the weekly bar? or just the direction of the weekly bar only? FOr the inside bar are you talking about the APB or the actual candle thanks

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yes. the default setting had it on 3* multiplier what about Plan a and B? anything you see?

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Plan A: Look at 5H breakout range. Check Atr and PA at london open. Price action trading. Plan B: look at H4 and up time frame for breakout signal near 133. any advice appreciated Going to read rest of baby pips now one more thing to add: Daily ...

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if price breaks below trendline, possible downward move. but common sentiment here seems to be bullish. watch for fakeouts

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for monthly outlook there is a 50% fib level. 200 ema for mont image h at that area as well. FOr the weekly, i see several s/r near the 132 and 138 but i dont know if that would be relevant for this week. image

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hello emmnauel Doing the analysis now. jackub showed me an indicator that shows ranges. is atr for daily 409 and weekly 1260? for h1 its only 58 pips. that would be low range?

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