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Myrza replied Jun 29, 2011Break out bar trading works on all tf..whether you are scalping or swinging. Here is more current ongoing examples
Price is everything
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Myrza replied Jun 28, 2011Silver looking for a deeper retrace to top of daily breakout
Price is everything
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Myrza replied Jun 28, 2011Correct. If you want to reload ..do it at the test of bottom of BOB. If it break below..it may test H4 BOB
Price is everything
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Myrza replied Jun 26, 2011Nearing end of month..next few days will be volatile for USD pairs and commodity market. My bias is down next month...what say you?
Price is Everything Chat Room
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Myrza replied Jun 26, 2011Yeah right..it is good to keep that way. Any nooby question can be posted here eg why is my pants burning...loolol Oohhh Orb is funny
Price is Everything Chat Room
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Myrza replied Jun 26, 2011[quote=Orbital;4726353"Holy shit my pants are on fire should i go long or short?" Lol...I like this one
Price is everything
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Myrza replied Jun 26, 2011NO...setups will come to you all the time if you know where to look for them. 80% of my trades were done at work since I work long hours (9 to 9). What I did was identify the supply and demand zones and throw in a price alert indi. Go with the main ...
Price is everything
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Myrza replied Jun 25, 2011Correct. The trend is your girlfriend. This strategy is a blend of supply/demand, trader Vic tech , 123 tech and Red's PIE. Supply and demand is still king. May the pips be with you.
Price is everything
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Myrza replied Jun 25, 2011h1/h4 yes..actually it is just an estimation but if you back test it . It has high probability ratio which is good with proper MM. On lower tf the strike rate is still more than 50%...which is good Just learn to identify which fractal and bob to ...
Price is everything
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Myrza replied Jun 25, 2011If you check my previous post on crude you will see what I mean by testing a lower break out bar. In this post price reacted strongly to daily BOB and in fact it still holds
Price is everything
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Myrza replied Jun 25, 2011No..I use fractal as identification of supply and demand. Yes..fractal break can be used as trend continuation if you are trading CHAOS which I dont do. Better to add up entry at retracement to minimalised draw down because price will almost always ...
Price is everything
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Myrza replied Jun 25, 2011[quote=mangalesh;4726057]Fractal means new low or new high . So if a candle closed engulfed below that with supply then we shd get entry right ? This looks good technique since new high and new low market buyers or sellers on any tf will be looking ...
Price is everything
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Myrza replied Jun 25, 2011[quote=foxybunny;4725768]Hi Myza, As in would you (i) enter at a Fractal BEFORE the Reversal? (ii)or enter immediately AFTER the Reversal, below the low of the Breakout Bar? (iii) or wait for a Down Fractal to enter AFTER the Reversal? Hi Foxy, The ...
Price is everything
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Myrza replied Jun 25, 2011Another example of the tech. for crude. For commodity like gold, crude or silver , I prefer H4 swing CONFIRMATION. But me being trigger happy..most of the time I took them at touches ..lol. Risky though...my advice it is better to wait for ...
Price is everything
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Myrza replied Jun 25, 2011Here is a tech. I want to share If you are looking for major reversal, it is better to play higher TF ie H1/H4. Not all engulfer or pin will reverse but if you look for the engulfment of a break out bar ..your chances of winning will be 80% or ...
Price is everything