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ghous replied Jul 8, 2013The highest close of resistance for that period / box of consolidation for me would still be the close on the first of the two bars that you excluded as being a fake out. A true fake out would have only left a wick behind. However after that close ...
HCR-LCS + SFP Research thread
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ghous replied Jul 8, 2013Let's take a look if more space occupied above a former swing point should be necessarily more bullish... image Attached is the EUR/MXN chart with a badass pin bar that worked like a charm. Notice how its also a fake out. Notice also, that over a ...
HCR-LCS + SFP Research thread
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ghous replied Jul 8, 2013Here is an example of quite some time spent underneath the critical LLS and LCS areas yet still price fails to break to the downside and turns out to be a fake out. You can see right from the break out point we have implicit divergence kicking in. ...
HCR-LCS + SFP Research thread
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ghous replied Jul 8, 2013Interesting thought. I think both, the time spent and the space occupied beyond the HCR or the HHR do to an extent affect the ability of the HCR / HHR flipping from resistance to support and providing us with a bias as to whether this is a breakout ...
HCR-LCS + SFP Research thread
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ghous replied Jul 7, 2013A few things here, 1) I never mix and merge my time frames. I know contesting viewpoints say that each time frame is just a differently chopped up version of price reacting in an area but I have honestly simplified my life and eliminated headaches ...
HCR-LCS + SFP Research thread
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ghous replied Jul 7, 2013Hey Stephen, Steve pretty much summed it up very nicely and covered everything. Kindly don't go dizzy trying to desperately get a hold of this stuff. This is an advanced leg of the James16 basics which I know you are currently practicing with. This ...
HCR-LCS + SFP Research thread
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ghous replied Jul 7, 2013Rest assured the big brother doesn't want to show you down by not letting you edit posts
lol You are accessing FF just fine from China, sharing your amazing charts and thoughts just fine from China. You need to contact FF with this issue. It ...HCR-LCS + SFP Research thread
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ghous replied Jul 7, 2013I am being allowed to edit my posts just fine Steve, You might want to contact FF support with this issue. Might be just a glitch. g.
HCR-LCS + SFP Research thread
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ghous replied Jul 7, 2013I still use them as another chunk of the bigger story and for confluence / trade management purposes. g.
HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013yes. HHR = Highest High of Resistance LLS = Lowest Low of Support. Simply the highest price level visited during a period of resistance and lowest price level visited during a period of support. These define the SFP levels for me. g.
HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013Yeah miss that guy tremendously! I am sure he is around, perhaps a little occupied with something besides FF for now. In the case of a close just below the HHR or a close just above the LLS, I take the entry on the close of the bar. Other times I ...
HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013Yikes! No, only a typo. lol I have traded on the 1H and the 4H time frames but I almost always find myself back on the dailies. I don't think any other time frame comes anywhere close to the reliability that the daily provides you with for SFPs ...
HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013Yes that goes back to what Helius was talking about earlier with respect to Sam Seiden's teachings: url The less time price spends at a level before it bounces off it, the stronger a potential setup off that level when price comes back to it. g.
HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013Yes the infamous "illusion of randomness"
g.HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013Exactly! Gives price all the reason to fill in that wick.
g.HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013I only trade SFPs so that's my trigger always
g.HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013We actually had a fake out already on Eur/Gbp. This was off the former recent highs and the 8600 RN. Why do you think this didn't work? Or apparently didn't drop like a stone?
g.HCR-LCS + SFP Research thread
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ghous replied Jul 6, 2013Hey Steve, Its great to have you back!
I was down that road not too long ago. Great to be back in front of charts again eh?
g.james16 Chart Thread
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ghous replied Jul 6, 2013Hey Majetic, As Steve said, cutting edge is normally used to denote superior technology but if you are asking with respect to my post from earlier I was basically referring to the cutting edge as a "clear advantage" g.
james16 Chart Thread
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ghous replied Jul 6, 2013Here is a trade from Friday: 7500 RN + Proven PPZ + weekly LCS Nice clean easy shot to the FTA just above 7400. g.
HCR-LCS + SFP Research thread