The first thing I'd like to clarify for those still a bit confused is the most important horizontal line for me that is the decisive factor for each and every trade that I take. HHR = Highest High of Resistance. This is simply the highest visited ...

HCR-LCS + SFP Research thread

I see there is some confusion about the way I trade. I'll get to this later today and formulate a post that explains exactly what I look for when I am trading. It really is pretty simple and straightforward. My bad I have just been randomly throwing ...

HCR-LCS + SFP Research thread

Hey Steve, As a rule price must close within the HHR and not necessarily under the previous bar's range. Since in this case you have marked out the HHR in confluence with the previous bar's high, naturally for this case price must close within the ...

HCR-LCS + SFP Research thread

Good to hear Stephen. Wishing you success g.

HCR-LCS + SFP Research thread

I want to see price take off above an HHR. I want to see it get rejected. I want to see it close back under the HHR with ease (i.e without using the HHR as support too much). Ideally you want all this action to take place within 1 bar so that it ...

HCR-LCS + SFP Research thread

No I actually entered a little later than the daily bar close. the 2 AM alarm was of no use that day as I was up almost the entire night swatting mosquitoes and wiping sweat off me due to an electricity outage that lasted the entire night. I was ...

HCR-LCS + SFP Research thread

I didn't understand the chart you posted as in what exactly were you trying to show. And I am not touch trading. Touch trading refers to anticipating action at a level and executing the trade at the source. So a touch trade would mean that I would ...

HCR-LCS + SFP Research thread

Like a boss! g.

HCR-LCS + SFP Research thread

umm....by simply not flipping the pages of the girlie magazine. Seriously though, I have always loved the soothing nature of daily action and while my adventure buds have distracted me often, some hits always get me back on track. I, like most ...

HCR-LCS + SFP Research thread

Not sure if I get this, Could you please rephrase what you just said Steve? g.

HCR-LCS + SFP Research thread

yeah well that just shot off. I took full profit off the the 1.5 BRN but its nice to see this take off. USD/NOK proved to be more fruitful as it got a better bite on the USD sell off. This was worth 3.6R based on an entry just under the HHR, a 50 ...

HCR-LCS + SFP Research thread

hey Steve, I see what you mean. You may be pointing to a fake out per say, and by the hard core definition but whats always more important in the market is the "visuals". What gets seen, is what gets traded. Fake outs are all about the pros getting ...

HCR-LCS + SFP Research thread

To begin with, the pin bar was headed straight into a big box of consolidation and immediate trouble area in that prior swing low hovering just above the pin bar. Always remember that price will take the path of least resistance. Here it was caught ...

HCR-LCS + SFP Research thread

No it was for the lowest low of the former swing point. I.e the yellow lines on my chart. g.

HCR-LCS + SFP Research thread

Coming to your question Steve, as hinted above in my post there are normally parameters and factors that you can look into to make out what price is trying to do and whether that can potentially be detrimental to your trades. These factors include ...

HCR-LCS + SFP Research thread

One of my major research projects these days revolves around the idea of potentially considering setups that initially don't appeal but due to the unfolding action gain strength. So we know when we see a Nice big bearish pin bar and if it doesn't ...

HCR-LCS + SFP Research thread

The answer once again lies in the actual bar to bar action and factors at play in the individual situation as opposed to a more generalized solution that you can apply on every situation. Once again this is getting into the most advanced and the ...

HCR-LCS + SFP Research thread

That is one reason I let go off the lower TFs. Just the mindset of being patient and letting the trade play out which is imperative for trading the higher TFs helped me eradicate unnecessary nerves, stress and haunting thoughts that I felt ...

HCR-LCS + SFP Research thread

It does Bam a lot, but very often price does take off a little slow, and isn't necessarily a sign of weakness (just like Helius was talking) g.

HCR-LCS + SFP Research thread

Hey Steve, Your idea was right as it did start off slow. We traded the same setup but on different time frames. The daily calls for a bit more patience and the lower time frames allow you to be flexible and react to the current action. Once again ...

HCR-LCS + SFP Research thread