It was tradable but clearly not A+. I'd generally like more space to play around with as well as take fake outs off of major swing points in the vicinity if there are (and in this case there is). image g.

Mastering the Art of Trading

No I didn't. It gave me the impression of being a "knee jerk reaction" as opposed to a solid fake out which kept me out. After such a huge sell off, you normally like to see a deeper penetration of the LLS (for instance a test of the 6.3 RN at ...

Mastering the Art of Trading

Hey Steve, I don't think it was a hack piece of writing but I do believe the tone was pretty much in line with sounding like fake out trading is way superior to breakout trading. Pro traders can very well be break out traders just as well as they ...

Mastering the Art of Trading

Watching to see if price can pop up above the LLS. But this is beautiful fake out material! image g.

Mastering the Art of Trading

I like to wait for multiple confirmations when on time frames lower than the daily, but a definitive single bar fake out, as you say a huge nosed pin bar may make it worth a shot. Thing is, the idea of multiple confirmations doesn't only increase ...

Mastering the Art of Trading

Watching that like a :nerd: g.

Mastering the Art of Trading

You can wait to see if London open can push price above the LLS or simply use it as resistance and continue with the bearish party post FOMC yesterday image g.

Mastering the Art of Trading

Hey Neytiri, In this case I would simply be more biased towards the story that looks more powerful to me. And a powerful story is always the one that occupies more chart space and time and the one that is more obviously defined. At one hand, I have ...

Mastering the Art of Trading

The problem for me would be the bar itself (pretty small) as well as the proximity to the swing low. Once again your best shot at BEOBs is going to higher up at major swing highs, as opposed to minor ones specially when the actual trigger bar itself ...

james16 Chart Thread

Not sure if you're referring to the fake out that ocuured off the first swing high, or you're referring to the recent swing high as a potential shorting opportunity. In case of the former being true: Yes that was a great fake out that did exactly ...

Mastering the Art of Trading

I agree. Its not uncommon to see people brag about their system/method to the extent that they actually start to condemn and criticize every other method that they come across. There are a million ways to skin this cat, and yes trading breakouts is ...

Mastering the Art of Trading

I respect your opinion and I know where you are coming from. I don't have anything more to say. g.

Mastering the Art of Trading

It might be. There is a BIG might here. Because there are instances when price will just continue to hang around and do nothing (i.e order accumulation) before we see price breaking down. But yeah, price failing to close under the HHR on the first ...

Mastering the Art of Trading

You're not missing anything bro, Its the same video or audio commentary. Its technically a video you see. g.

Mastering the Art of Trading

No I haven't read that book. g.

Mastering the Art of Trading

I am already doing that (You tube channel: GFX trading) but I chose to not talk about it much here as I really don't want to lose the real essence of this thread or whatever is left of it. g.

james16 Chart Thread

Hey Ferox, Remember a pin bar isn't all that we're looking for. A valid trade setup constitutes other elements of the story too such as the location and space. AUD/USD: A small pin bar headed straight into a round number PPZ and multiple ...

james16 Chart Thread

Hey Kos, I was reviewing your question and decided to do a general video for the basic section as the issue you raise is extremely important and basic in nature. Why is it important to be picky with your trades: video Why is it so difficult to be ...

Mastering the Art of Trading

You tube doesn't allow you to directly download videos, but there are several free software around the web that you can use (simply Google) to download You tube videos. g.

Mastering the Art of Trading

Careful there, I am looking at price currently sitting at a very critical area. We have a PPZ, a trend line and the point where the gap filled up all lining up together. image I am normally willing to allow the market to fill in the gaps initially ...

Mastering the Art of Trading