- Search Crypto Craft
- scherzi replied Jul 18, 2021
Lol. You know, the trading industry is full of scams. I don't know you guys, but I have spent a few thousands in books and courses in the past. Spent years studying and practicing at night and during holidays. Then one has a lot of problems with the ...
The brutal truth of day trading
- scherzi replied Jul 18, 2021
Hey, the level also held!! image Believe it or not, there was a bit of analysis and a lot of luck down at the line. I am one of the worst traders out there, trust my analysis and you are screwed for sure. The order-block did its work. But see, no ...
1M Price Action System
- scherzi replied Jul 17, 2021
The line held and the price run the highs. And that is Solana, a cryptocurrency. People, keep on working hard till you find your edge. I like posting examples in real time as price moves, because it allows you to err, adjust, refine and adapt. ...
1M Price Action System
- scherzi replied Jul 17, 2021
I am not going to teach
, everything is just on Youtube and on Michael's materials. I do not intend to say that I understand correctly what Michael teaches globablly speaking and, a bad interpretation by my side transfered to you or anyone else ...1M Price Action System
- scherzi replied Jul 17, 2021
Just an observation: remove the RSI from your chart if you wish to trade with order blocks and all that. Order block are just small pieces of a much wider puzzle that do not include nor indicators, nor trendlines. I am not saying that you should not ...
1M Price Action System
- scherzi replied Jul 17, 2021
See image Will it be OTE just because I can draw a fibonacci retracement? Nope. image Where does liquidity lie? image Do you trust that small OB on #1? How is it possible that the white candle could bounce off the middle of that void on #2? ...
1M Price Action System
- scherzi replied Jul 17, 2021
Look here. Wait, no. These equal highs... Don't look at there, you will lose the global perspective. Flow with the chart, do not pin your eyes on it. image When you see a double top, you wish deep in your heart price to go beyond to engineer ...
1M Price Action System
- scherzi replied Jul 17, 2021
And do you think there is any technical reason for, let's say, Solana on H1, to reach new highs now as the more probable scenario? image
1M Price Action System
- scherzi replied Jul 17, 2021
Oh wait, the line hold, but now what to do? up or down? image This is why experience and thousands of hours over the years are required to trade.
1M Price Action System
- scherzi replied Jul 17, 2021
And now what would you do in a real situation if you are risking a thousand dollars on an illusion? image What now? image Do you think price will hold above the line, was the first setup maybe wrong? image
1M Price Action System
- scherzi replied Jul 17, 2021
No one knows what will happen next. That is why we just bet when improbable conditions occur. The more the convergence, the more the odds for randomness to fade out. After one million trades your eyes will start to see something meaningful. ...
1M Price Action System
- scherzi replied Jul 16, 2021
Lol I know it, I wrote it not for him, but for those reading the thread in the future. Bilal and me already had private conversations this week.
Market Structure Only- keep your charts clean
- scherzi replied Jul 16, 2021
That is too long. It is better to go to the 1min thread and just go through Youtube to avoid redundancy. In any case, volume enters the markets at the beginning of each session basically. The first hours of each session are key to find the right ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 16, 2021
Sorry people, I have already ended the edits of the prior post. I wish you all a good weekend.
Market Structure Only- keep your charts clean
- scherzi replied Jul 16, 2021
Price moves back and forward. If this week's market action is lowering prices, which other reason other than clearing imbalances and taking hedging positions for risk covering could that be for? For GU, ~70-100 pips in two hours is a huge move ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 16, 2021
Yes, this week was atypical. I thought it was because of the news release planned for today's US morning. That is why I thought the markets would try to strike the lows and then push forward up to the highs and reset the market from the bottom to ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 16, 2021
Repetitions decrease the chances for a pseudo-random event to occur one more consecutively time in the same way. How many consecutive ascending consolidations were required for prices to reverse and form a sell program? How many of those will be ...
1M Price Action System
- scherzi replied Jul 16, 2021
Which video would you recommend so that people can learn the esentials?
The brutal truth of day trading
- scherzi replied Jul 16, 2021
I have been trying that approach of hedging but I feel it stressing. Could you share a few tips about how to better using hedging iof stop-loss? I am really interested because I prefer trading without stops, but I am not able to stay calm doing it ...
The brutal truth of day trading