- Search Crypto Craft
-
ghous replied Sep 9, 2013Hey Kos, The blue area you identified is the problem area for me along with the other consolidation in the area. The current pull back to the HHR has been right off it, and even a second rejection at the HHR will push price back into the same area. ...
Mastering the Art of Trading
-
ghous replied Sep 9, 2013Yeah well, waiting to see if price could breach the LLS would have kept you in. Its always the last resort. This is essentially why a close above the LLS is so important. But I don't think cutting the trade out after all that waiting was a bad idea. ...
Mastering the Art of Trading
-
ghous replied Sep 9, 2013No no. I am not in this trade. If you read my conversation with Steve (Pinbar) you'll see that I actually didn't take the trade. But since Steve is still in it, and I am watching it nevertheless, I was merely pointing out what the next logical ...
Mastering the Art of Trading
-
ghous replied Sep 9, 2013The video on Implicit Divergence is up! video Enjoy!
g.Mastering the Art of Trading
-
ghous replied Sep 9, 20132 hours into the London session and price is still lost. This is about the time that I would start watching the trade here very closely
If a pull back the LLS shows no signs of holding my plan would have been to get out of the trade ...Mastering the Art of Trading
-
ghous replied Sep 9, 2013Hey C, Thanks for the compliments. Glad you're enjoying the material and hoping to see you hop on the bandwagon
g.Mastering the Art of Trading
-
ghous replied Sep 9, 2013Hey Steve, It can actually be considered a double bar fake out. You're right in that its not a traditional "wick fake out" that we generally look for, but this is pretty much in the same league as a genuine fake out setup. That strong close above ...
Mastering the Art of Trading
-
ghous replied Sep 9, 2013The best of the lot me thinks. I particularly like that upper wick which provides for a nice launch pad for a move higher. Also a safety cushion in the sense that if price tries to hang about and not look to fill in the wick then we know we have to ...
Mastering the Art of Trading
-
ghous replied Sep 9, 2013I'd like to see a retest of 9400 (and a rejection) but that is still just me. g.
Mastering the Art of Trading
-
ghous replied Sep 8, 2013Yeah great question. Also pretty basic in nature. I'll definitely put this in the line. One that I am thinking on doing a video for, is the concept of implicit divergence. We discussed it in depth over at the HCR/LCS thread but not so much here. g.
Mastering the Art of Trading
-
ghous replied Sep 8, 2013I'll be adding more videos to the You tube channel in the coming week/s. Let me know if you guys would need any specific topics to be discussed via a video. I am also planning on a section for very basic videos for total newbies. So if you're in ...
Mastering the Art of Trading
-
ghous replied Sep 8, 2013The Llama's thinking hard this weekend. Good for him
g.Mastering the Art of Trading
-
ghous replied Sep 8, 2013We are not catching a falling knife with bare hands and palms outstretched. We are standing whistling the beats of our favorite song and as it falls to the ground, next to us, we merely bend down and pick it up from the end its supposed to be picked ...
Mastering the Art of Trading
-
ghous replied Sep 8, 2013very nice indeed. I am glad to have you spot the deficiencies on that setup Kos. Your On your way with a bang!
g.Mastering the Art of Trading
-
ghous replied Sep 8, 2013This is a feed different than the 5 Pm NY close feed that most traders now use, but anyway we don't have a close below the HHR. That close below the HHR is critical because it gives you the buffer/cushion of the HHR holding as resistance in case of ...
Mastering the Art of Trading