I am glad you pointed it out. Again I think the target you initially called for, was more an anticipation of the ultimate target then. It made me uneasy thinking that you might have missed the FTA altogether. Again like I mentioned in the ...

Mastering the Art of Trading

I was just wondering looking at that setup that you perhaps made the mistake of leaving the first bar following the fake out bar which actually revealed the whole result already. The FTA was obviously the box high and you showed the bar after the ...

Mastering the Art of Trading

Yes. All of course depends on what we get there. g.

Mastering the Art of Trading

Not a fake out trade setup. Just a regular pin bar at support. g.

Mastering the Art of Trading

Where do you think the FTA is, pertaining to the fake out setup I mean? g.

Mastering the Art of Trading

I'd expect that to hold as support sure. But that's really all. You know kinda like just watching and enjoying. Nothing from the view point of a real potential trade as per this method. g.

Mastering the Art of Trading

Perhaps yes. In this regard, I do like the fact that even yesterday's bar ended up closing back within the HHR. These continued failed attempts could be hinting on a move down to 17.400 image Almost like the "multiple confirmations" theory of the ...

Mastering the Art of Trading

Couldn't have been. There is a 0 chance that a broker would ploy a dirty tactic on their demo platform. That's like making sure the rat knows its poison before wanting to feed it. g.

Mastering the Art of Trading

For one there is something very wrong about shorting straight into a RN like 1.700 This is so because round numbers tend to be order flow magnets. Round numbers is the currency for all the big games in the market. Options trading for instance ...

Mastering the Art of Trading

. . . . . . g.

Mastering the Art of Trading

yeah well, that is a horrible range. lol. g.

Mastering the Art of Trading

Not entirely perfect IMO. I don't quite like how price didn't quite accelerate into the HHR nor dropped strong under it. Moreover, notice how we are headed straight into the 1400 BRN. image g.

Mastering the Art of Trading

Hey Lenrod, Totally agree with you. Everything good about that except the notorious consolidation box just underneath which kills it for space IMHO. image g.

Mastering the Art of Trading

If an HHR/LLS level lines up at a longer term PPZ its always a plus and a wonderful source of confluence that strengthens the setup big time. What you don't want however is to compensate the dearth of basic triggers (i.e a nice deep swing low/LLS) ...

Mastering the Art of Trading

hey there, I already shared my views on the EUR/AUD setup on the daily a few pages back. You may have missed it. Here you go: url g.

Mastering the Art of Trading

Hey Osman, Good stuff. Notice how each of these gave a second confirmation of support at the LLS before taking off. Just the kind of stuff I like to see on the lower time frames. image image g.

Mastering the Art of Trading

I don't pull up the macd all that often to spot divergence but yeah I do feel having divergence as opposed to not having it is a huge advantage for sure. Not to forget Implicit divergence specially on the lower tfs g.

Mastering the Art of Trading

Oops. I just tried it on my Fxpro demo and the partial close feature seems to be working fine. g.

Mastering the Art of Trading

Lets get right back to the basic idea of a "swing failure": Price swiftly hitting a major HHR or an LLS and testing the region beyond it without successfully sustaining the momentum and falling right back within the swing point. The daily bar close ...

Mastering the Art of Trading

Bravo! Try deciphering the story like that on your lower/higher time frames all the time and you're well on your way. This is exactly the kind of thought process that I feel plays the biggest part in validating and invalidating trade ...

Mastering the Art of Trading