I believe that what was happening in the area I circled was sneaky buying by traders with deep pockets. It looks to me that the buying may have started at the pin bars right above your 2 and it would have continued all the way to the lowest candle ...

Wiz Index

My example here is very simplistic and isn't completely accurate but it's not a bad place to start understanding how the markets work. Every market has to find its point of balance. If it becomes unbalanced then a price move occurs. A doji candle ...

Wiz Index

Your post looks interesting mizi. You are obviously working that grey matter very hard I am spending some time with my family today before I travel back to work later. I will check your post out in detail tonight and try to offer you my best ...

Wiz Index

Oh right, thanks for explaining mate. I am a soldier and normally don't talk about that. But perhaps it will help people understand where I am coming from sometimes.

Wiz Index

But I do get it wrong. Sometimes I lose. Sometimes I win. Win or lose I am always learning. Here I just share some of what I have learned. I like to give back. I think probably about 95% of what I have learned was for free here on Forex factory. If ...

Wiz Index

Wow 401k! You are earning mega-bucks. You must be a clever man and I guess you worked hard at school. Well done, I take my hat off to you sir

Wiz Index

I do what I do. I don't recommend that anyone trades like me. You are all responsible for your own wins and losses. If ypu can take something from this thread then do so and apply your own money management rules. I will not answer any more questions ...

Wiz Index

When things go wrong I lose. After my losses the other day I am trying to build my account again and believe it or not I am being more cautious. Sometimes I place a SL and somrtimes I don't. My interpretation of "what is really going on" is a ...

Wiz Index

EU, GU, UJ, DAX

Wiz Index

No problem my friend. I like to help.

Wiz Index

Haha, I can't quit. I am contracted until Jan 2021 (sort of). I could leave earlier but I would be turning my back on a good pension that so far I have worked towards for 19 years.

Wiz Index

I answered the poll. Yes it is. Scalping can be more profitable than any other method of trading. And a whole lot quicker at making money. That is my honest belief. Anyone who wants to get rich (or better off) while they have time to enjoy it ...

Wiz Index

Just noticed this new thread. The OP is amazing. I learned a lot from his previous thread called Animal Farm Renko. Anyone who is serious about learning how to trade might want to check his stuff out. He is called Wab and HE is highly recommended. ...

Wiz Index

A couple of last "Revenge Trades". Now I really am done for the week. Have a good weekend everyone. image

Wiz Index

Took me a while to work out what you meant but I got it now. Micro Surgeon!

Wiz Index

Doesn't always work. Lets see image Edit: SL hit. Done for the weekend

Wiz Index

All positions closed for small profit image Edit: As soon as I went back to my charts all TPs would have been hit if I hadn't closed manually. image

Wiz Index

image But sometimes we can diddle in the middle if we have reason to do so. As I said before trend lines and S/R zones can help. image

Wiz Index

Good call! And 3 more opportunities lower for those with the appetite for multiple entries

Wiz Index

Hey buddy, thanks for your input. I hope to see more Good answer by the way

Wiz Index