Doesn't "over ride it" but makes it tradable with tight trade management. So as price decided to hang about I am out with a breakeven rather than hoping or believing no matter what price will blast its way through those trouble areas. g.

Mastering the Art of Trading

Stopped out for BE for now. image g.

Mastering the Art of Trading

Not that I am expecting it to totally blast off, but I do believe the story here is strong enough to push price through the region it is currently at. image Does this help? g.

Mastering the Art of Trading

This is a trade I am in. NZD/JPY. Charts worth a thousand words image image g.

Mastering the Art of Trading

yes. As I was commenting on a post from lamer trader, I am looking forward to that 4H push. g,

Mastering the Art of Trading

Good stuff! Have fun bro! g.

Mastering the Art of Trading

Couldn't pull the trigger on the daily as price as price wasn't able to close above 8740. I am looking forward to a 4H thrust upwards that can possibly take us beyond the 8740 which might then get me interested. g.

Mastering the Art of Trading

I am watching this on the daily, it is a little crowded. I have my eyes on a possible daily close above that daily bar low sticking out. image g.

Mastering the Art of Trading

No issues. Its refreshing to see you break that setup down really well. g.

Mastering the Art of Trading

I don't trade commodities for religious reasons but this is text book stuff. You might want a print out of that and framed right in front of your monitor. g.

Mastering the Art of Trading

I thought so, but that's just a single bar fake out, running into the 150 EMA and the minor swing high. I wanted to see if he spotted that. g.

Mastering the Art of Trading

Hey Shahzad, SP = Swing point HHA = err...not quite sure. Never used it. Maybe you meant HHR? HHR = Highest High of Resistance LLS = Lowest Low of Support FTA = First Trouble Area MTA = Major Trouble Area STA = Second Trouble Area BRN = Big Round ...

Mastering the Art of Trading

Not quite sure what you want to draw our attention too. A chart always helps. g.

Mastering the Art of Trading

There we go! Once again no surprises. image g.

Mastering the Art of Trading

It is an HHR price level, but of the minor swing point itself. That's what I was pointing out a minute ago in a prior post to Kos, that that HHR he pointed out wouldn't quite catch my attention as much as the true HHR further above would have. g.

Mastering the Art of Trading

Agree with Captainlush's resistance zone he drew right at the top. That's where I would have wanted a fake out. The one you've pointed out, is obviously running into a close by FTA and isn't in line with the bigger story. g.

Mastering the Art of Trading

I too had to actually manually kill the trade towards last weeks close, as it showed no real signs of any movement. Short consolidation periods post massive fake outs isn't something that destroys the setup or the over all story but of course risk ...

Mastering the Art of Trading

That is not a fake out. At least not the way we trade it. You have drawn a lowest low of support level, and fake out off of it, would be price heading into it from above and receiving rejection to give off a bullish setup that you go long off. What ...

Mastering the Art of Trading

Hold your horses there. What trade, what setup are we talking about here? It certainly can't have anything to do with a fake out. g.

Mastering the Art of Trading

These make up for extremely aggressive trades and so for me are really like an action thriller that I'd prefer to enjoy over a couch. Sometimes, the order flow within a consolidation box, is too evenly matched to enable price to break through. It ...

Mastering the Art of Trading