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stevepatt replied Nov 12, 2014A lot of what I'm showing here I've learnt from different threads, on FF, it's only by discovering the information out there that you can work out the type of trader you want to be. It's important to find the type of trader you are and what you feel ...
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stevepatt replied Nov 12, 2014Hi Purec, Quite often after a big move, like yesterday, there can be an immediate reaction in the opposite direction. But there is no way of knowing this for sure though, so it's better to stay away and wait for a Pullback and wait for PA at ...
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stevepatt replied Nov 11, 2014If you are more comfortable working with indicators this approach can still work. Look at a TF one or two above your Trigger TF to find the Prevailing Trend. Then only look to take trades in the Direction of the Higher TF on your Trigger TF.
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stevepatt replied Nov 11, 2014Hi Purec, Be careful with jumping into a Short trade here just because the market is nearing Weekly Resistance. We need to see the Market Reverse and, at least, break the Daily MRAL before considering looking for PA to go Short. Support/Resistance ...
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stevepatt replied Nov 11, 2014Hi purec, Which pair are you talking about? And can you post an image please.
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stevepatt replied Nov 11, 2014[quote=Xbd14;7863249] sorry for the trouble. But i am unable to set weekly and monthly candle. what parameter to use. it says invalid time frame. Thanks[/quote Hi Xbd, TimeFrame Weekly = 10080 TimeFrame Monthly = 43200
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stevepatt replied Nov 11, 2014GBP/USD W1/D1 Losing trade, looks like I should have been trading JPY pairs. No matter what you do we are all going to get losing trades. It's important to be trading at a level we are comfortable with. If taking one losing trade hurts imagine what ...
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stevepatt replied Nov 11, 2014Hi Helee, They show the Weekly and Monthly Candle so I can see how the Weekly and Monthly Candles are forming.
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stevepatt replied Nov 11, 2014Hi mara, It's no good making predictions without something to back it up. It's going to take big shift in market dynamics to turn this pair, or any JPY pair, bearish. This pair might well be showing "over bought" on every "over bought" indicator ...
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stevepatt replied Nov 11, 2014Anyone that's interested can PM me their email address and I will forward them the video series and PDFs of the videos explaining, probably better than I can, exactly what I'm trying to explain here. It's a commercial presentation that I can't post ...
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stevepatt replied Nov 10, 2014Hi smash, I did realise you where in favour of trends. I was just making a general statement not aimed at you
Happy to see we agree, goodnight.Nihilist Forex Indicators
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stevepatt replied Nov 10, 2014Hi princesammy, Happy birthday, I can't work out if you are 3.3166 or 121 years old LOL. Enjoy your birthday.
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stevepatt replied Nov 10, 2014GBP/USD W1/D1 USD is still Bullish, across most pairs, even after Fridays worse than expected NFP result. This trade is in line with the Weekly trend and is coming off Resistance and RN.
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stevepatt replied Nov 10, 2014Hi Purec, I understand completely getting out of the trades if you are traveling been there myself. By trying to help others, here and elsewhere, actually helps me put my trading into perspective and understand exactly what I'm doing. I'd recommend ...
Nihilist Forex Indicators
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stevepatt replied Nov 10, 2014Hi Purec, Well done, but why have you got out of the EU, trade so early, I can see it reaching at least 1.23 if not lower.
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stevepatt replied Nov 10, 2014Hi Helee, If you look at it on the GBP/USD D1 chart you should see what I mean.
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stevepatt replied Nov 10, 2014USD/JPY W1/D1 The following chart should, I hope, show the thinking process behind these trades. I hope it's not too confusing there was a lot to write but not much space.
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stevepatt replied Nov 10, 2014Hi andgui, I'm glad you have found it useful. Even if we use indicators, to get us into trades, by trading in the direction of the higher time frame trend and only taking the signals our indicators give us in the direction of the higher time frame ...
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stevepatt replied Nov 10, 2014Hi purec, The MRAH you have highlighted, on EUR/USD, is correct. This is the Weekly MRAH by using this, instead of the Daily MRAH, will prevent us getting into long trades too early. On the GBP/USD D1 chart 5 and 6 are Pin Bars all the rest are ...
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stevepatt replied Nov 10, 2014Hi louise and purec, I hope the charts below will make things clearer. If you are day trading, for example trading H1 TF, look to get into line with the trend of H4 or D1 TF. If you use indicators to enter trades make sure the signals you take are ...
Nihilist Forex Indicators