That wouldn't pass Mike's filters even after a million tries. Simply because as a pin bar trade that was pretty mediocre. I took it more so as a fake out and was looking for a quick break above, but the 8600 held nicely hence the early exit. If ...

HCR-LCS + SFP Research thread

Pulled out for a half bar loss. 8600 seems to be resisting, and we know how the wick can then answer the question of the path of least resistance. I was anticipating a quick burst above 8600, and although this is far from over I am out now that I ...

HCR-LCS + SFP Research thread

This is a trade I am. EUR/GBP long right off the proven PPZ. We have implicit divergence and confluence with a trend line. An ideal entry it seems was bang at the close of the fake out bar (would have gotten in a few pips earlier) but I wanted to ...

HCR-LCS + SFP Research thread

Agree Steve, I was pretty close to pulling the trigger on this one but I too feel the cons over weigh the pros here. Space would be my biggest concerns with all those upper wicks coming in the way and just the general mess we are in. g.

HCR-LCS + SFP Research thread

lol I gotta solute you for staring at those white charts bro. I liked them for a while till my eyes started stinging and the move back to black made life easier. And the "while" actually comprised of 15 minutes. So yeah...hats off big time ...

HCR-LCS + SFP Research thread

Hey Steve, Agree with all you said, Also don't forget that no FX currency pair or individual stock/index chart is isolated and independent of the rest of the market. And whats going on overall will always have an impact on the chart you are ...

HCR-LCS + SFP Research thread

No I meant just perfectly ripe. g.

HCR-LCS + SFP Research thread

Always helps to clear out the mess and wait for the most obvious picture to surface on the higher TFs. I can smell some ripeness over that one g.

HCR-LCS + SFP Research thread

First of all its highly unlikely that your Mr. Big lots would be waiting there with a single pending order worth hundreds of lots. You can expect him to have multiple orders around a tight cluster of price levels. With that kind of selling pressure ...

HCR-LCS + SFP Research thread

I take it you like levels that have instances of support and resistance off of them further back in time as opposed to the newly formed swing points? g.

HCR-LCS + SFP Research thread

yes. Plus also the fact that once you start manufacturing time frames it is hard to stop. I mean why would you look at only a 2day chart? If the purpose is to simply move from more chopped up action into a more condensed form why not a 1 day 8 hour ...

HCR-LCS + SFP Research thread

Sorry for the confusion. I meant weakness for bears. Price had closed below the LLS albeit weakly and the other bars followed suit. Ofcourse the weakness refers to bearish weakness under the LLS which meams strength for the bulls and hence the ...

HCR-LCS + SFP Research thread

yes it sure is a little tricky. But the guile slowly eradicates when you lift your head off individual bars and concentrate on the bigger story AT ALL TIMES. Just remember that in a court of law you don't put forward the reason for killing a guy as ...

HCR-LCS + SFP Research thread

If you think about these setups for a moment each one of them constitutes quite some hours of action during the development phase and hence in many ways replicates the higher time frame actions only a bit more chopped up. image image image The ...

HCR-LCS + SFP Research thread

Hey Steve, I don't think you're floundering at all. You seem to have grasped the idea quite well but those acronyms sure make it sound like you're talking of some rocket science there. Lets get right back to the basic idea of a "swing failure": ...

HCR-LCS + SFP Research thread

Synthesizing trade setups on hybrid time frames isn't what I personally prefer, but to answer your question, yes that is a swing failure pattern. g.

HCR-LCS + SFP Research thread

Not the first time it has happened, but these always hurt. Price missed my order by 2 pips. Ouch. lol g.

HCR-LCS + SFP Research thread

This is a setup that I am looking at (subject to the bar closing well) Some solid confluence! 8300 RN (very responsive!) + PPZ + trend line + hints of a bearish flag in the making + 150 EMA. I see that space is an issue but you gotta love the ...

HCR-LCS + SFP Research thread

I'll get to this later tomorrow, as I am busy with Eid preparations, but just some quick food for thought: For those of you eager to carry this method on to the lower time frames without sacrificing much of the reliability, there is quite some merit ...

HCR-LCS + SFP Research thread

Been there and done that tonnes of times. Me being a daily-o-holic comes with a reason. g.

HCR-LCS + SFP Research thread