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ghous replied Sep 5, 2013Yeah well that would be skewed towards the higher time frames as that is where most of my trades are. g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013Not bad, just a little tricky and severely unlucky (for me) lol. g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013Wow. A peculiar question but... About 45 pips. How does that help? g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013News? What news? What are we talking about here? g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013We have a rejection off the HHR but look how price has been dragging along to it. This drag shows less of lacking intent and more of order accumulation. Not good if the theme of the story is that of a fake out. You want price to be accelerating into ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013Pretty aggressive given the fact that you still don't have a confirmation of price getting rejected off the HHR. Its holding up fine but it has yet to close as a 4H bar that shows "rejection" We may get it on this current bar, but that's still just ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013Hey there, I always use the fake out bar high/low level plus the spread plus a buffer (usually 5-10 pips) for my stop loss. But in case you would have gotten stopped out, this was still 100% tradable on the next bar (that took out the fake out bar) ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013Ok so the Youtube channel is now up and both videos are on it live! Here's the link for those of you interested in bookmarking / subscribing: You tube channel Thanks a lot Pinbar (Steve) for helping me set this up.
g.Mastering the Art of Trading
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ghous replied Sep 5, 2013Hey Brixton, Once again, its all about the story.
Notice how its headed straight back into a responsive round number and the bar high turned flip just under it. Should make the trade a very tricky proposition image g.Mastering the Art of Trading
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ghous replied Sep 5, 2013Price has held up on the LLS. Can the next bar push through. It must if this has to remain under my radar. image g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013Exactly! Treating this whole thing as a "mindset" for traders coming in with a notebook to pen down the exact rules for entry and exit is where this method is a little advanced. It takes a little time to break out of the "systems way of approaching ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013Hey Giggles, The fake out setup didn't fail. the fake out bar did. When we were holding these discussion in the HCR/LCS plus SFP research thread, we were discussing how the "fake out" is more a phenomena then a bar really. I've already shown through ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013Here's a trade I took on the GBP/JPY 4H Had to eventually cut this out for a half bar loss as price showed absolutely no interest in carrying forward the thrust from the big sell off the bearish pin bar. Notice how 3 consecutive bars after the ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013This is on my watch list. Will be interesting to see if the LLS holds up as resistance or not. image g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013That's a fake out bar?! Oops. The concepts here seem entangled a bit. image Let me know if this makes sense. g.
Mastering the Art of Trading
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ghous replied Sep 5, 2013Heck! Brilliant! I would take a setup as good as this as a regular pin bar trade J16 style
Thanks for sharing and good luck with moving that heavy furniture out
g.Mastering the Art of Trading
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ghous replied Sep 5, 2013Hey KOS, No it wasn't an EMA rejection setup. It was developing as a fake out setup but with the "extended drag" that we talk about on the lower time frames. Where price initially fakes out, and then travels further into HHR/LLS before turning ...
Mastering the Art of Trading
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ghous replied Sep 5, 2013This was developing nicely. Naughty pup had me up till 2 am but then failed to close clearly above the 1.32. It did, by a few pips but I have mentioned this before that I always prefer visuals over actual pip calculations. To me, this was like a ...
Mastering the Art of Trading