Something very interesting that I came across recently. Why is the general public usually wrong? Just look at the NU 4H excerpt. We have clear defined border to the downside. But we have numerous wicks testing the lows. What does these spike below ...

HCR-LCS + SFP Research thread

I have attended Tom's webinars for months regularly and never heared of the 3 touches rule

HCR-LCS + SFP Research thread

I even see 4 But again, that's just one setup. I have taken hundreds and hundreds using forextester. You gotta get your own stats based on what you see and how you interpret and tade it.

HCR-LCS + SFP Research thread

appreciate your input. I am trading the RR the way Tom taught and trades them himself. I have never heared of the 3 touches rule. But I guess you can add a variety of ways how to filter trades. It's not a fixed system and many people will argue ...

HCR-LCS + SFP Research thread

Yes, that GU did not take off as expected but we def saw some nice reaction and it keeps going Regarding the RR there is no set rule of how many touches you need. you just want to have a strong level that has acted both as support & resistance ...

HCR-LCS + SFP Research thread

When trading these extreme points it is usually quiet hard to find a decent place for a stop because, like in the case of the GU, price hasn't been lower for quiet a while. I prefer to look at the ATR and see if price has "completed" its daily ATR. ...

HCR-LCS + SFP Research thread

I am watching the USDCAD level as well. But I am a little cautios because we have been more than 9 time back at this area. What speaks for it is the clear sell off after ther last touch....

HCR-LCS + SFP Research thread

There was this question "How long is a level valid?" Here two great current examples! That GBP/USD bounced 100% as expected. You can play these "blind touches" with such a ridiculous tight stop that your risk-reward-ratio will always work out over ...

HCR-LCS + SFP Research thread

I just wanted to share how I do my Sunday's homework. Basically I just flip through my charts and see if the charts offer some interesting levels price might run into in the upcoming week. This way you are prepared and have a gameplan. Each morning ...

HCR-LCS + SFP Research thread

Tricky question and I am sure you can find traders arguing for both the uper and lower level. What might speak for the lower? It's the "origin" of the move. Hence, we had the greatest imbalance - sellers > buyers - at this point which made it fall. ...

HCR-LCS + SFP Research thread

Yes, will be interesting. Plus 1.5015 area might be an interesting place to look for a short trade with a rounded-retest-scenario. I will be posting my Sunday's analysis on a few interesting setups for the upcoming week if you guys don't mind.

HCR-LCS + SFP Research thread

The actual GU chart is very similar to the UJ one from above. Again on the second touch we did not quiet make it down there. On the third and 4th touch we also spent more time at the level and not take of immediately. By the forth time people will ...

HCR-LCS + SFP Research thread

I drew the level sloppy the first time to just outline the idea but I think it is more complex and needs some further and more accurate explanation So here my next try to unload the very complex idea behind it. 1) you will often see price reverse ...

HCR-LCS + SFP Research thread

One of my aha-moments when I heared Sam Seiden say "It's not how much time price spent at a level. It's the opposite - the less time price spends at a level the stronger it is." And it makes sense when you think about it. A wild move up (or down) ...

HCR-LCS + SFP Research thread

I love the thread!! I have been trading SFP, along with the rounded retests, for quiet a while after attending the_whizzard's webinars for months. I am looking for additional confirmations before taking a SFP as a SFP alone failed too many times in ...

HCR-LCS + SFP Research thread

It's the box-tool image

james16 Chart Thread

Took me a week to find the rythm but it's almost like riding a bicycle Today I took a short trade on EUR/USD after missing the EUR/USD short only by a few pips. Last time we traded into this level we shot straight up - some unfilles buy orders ...

Price action video journal

Great explanation Ghous! I personally like SFP as well since I am trading false breakouts as a confirmation as well. SFP are more or less just a way of looking at false breakouts! Keep up the great work

james16 Chart Thread

I have received numerous messages asking for updates. I haven't quitted fx I was busy writing my Master's thesis and have been only watching my pairs instead of trading. Since, I got a little more room now I will be updating this thread again and ...

Price action video journal

Good idea I will def experiment with stops a little further away if this keeps happening.

Price action video journal