yes exactly right..

H4 Power

Hi TB.... I use high, low, open, close for SR levels. I am looking for the places people are going to make decisions, where they're going to enter, TP or place stops. The high and low show the places where the bias may of changed or where traders ...

H4 Power

really nice logical trading... using very big RR means all the uncertainties and randomness in the markets are negated.... good stuff sir ... Do you do anymore study on what pairs to trade? do you look at any basic fundamentals like ...

ADX Engulfing Millipede

GU following up... so we knew GU would have another go short this week and the monthly SR that would be good TP points... then all we had to do was wait for H4 to engulf short you can see we had 2 opportunities to trade... We build the context of ...

H4 Power

its really important to understand that all this technical analysis stuff has no edge without understanding that it is a representation of peoples emotions and feelings. People are largely unable to make decisions without emotions, that is displayed ...

H4 Power

here's GU... 1. last month closed down 2. so we expect price to go down to a monthly 3. we mark the next 3 monthly SR levels MONTHLY image 4. so we look at weekly TF.... what did it do when it hit the monthly SR levels we marked? it closed down... ...

H4 Power

its all about reading the higher TF's, marking the levels, then gauging the reaction at those levels by the timeframes it turns... If a monthly SR can barely turn the daily its giving you a message. If we hit a monthly SR and H4 continues down - ...

H4 Power

another pair worth watching is BRENT clear monthly engulf short last month - so we would expect the shorts to continue to another monthly. we hit one this week but the buying there was weak - so it looks likely more shorts to the 2nd level I marked. ...

H4 Power

hey guys, nice to see you 2 keeping the thread alive.. with regards SP, in the face of the monthly trend its almost worth leaving shorts altogether. The weekly engulf short did get stopped by a monthly SR as you would expect. SP MONTHLY image

H4 Power

there's the H4 entry into the Daily/Weekly trend... knew that monthly wouldn't hold image

Trend Trading System

yep... we are right at a key monthly level here, but it's not the stopper... if we see a strong daily close up from here I might reconsider, but weak buying followed by more closes down on daily and we will go to the real monthly stopper marked ...

Trend Trading System

Agree 100%... also too little emphasis is given too how and why we make the decisions we do in the face of uncertainty. I personally have improved my trading by nothing more than questioning my feelings when I need to make a decision.

DON'T trade Udine's 00 level Strategy

every now and then a trader comes along who is not relying solely on a stupid pattern.... great to see a solid logical approach BRENT DAILY is getting interesting - Friday short on the spike up would of been nice! image

Trend Trading System

Hi saint... the question is... are the methods proven to have a statistical edge, so do A+B+C and get outcome D....or are the traders intuitively adding in some reading of the overall market condition that adds a fundamental reason why they are more ...

DON'T trade Udine's 00 level Strategy

proven methods? or is that just a bias that they MUST exist?

DON'T trade Udine's 00 level Strategy

so you have evidence that any other method is inconsistent or are you just making up rubbish to boost your own ego?? - because you have to wonder what qualifies you to say only your preferred method is the only consistent method. Did all the great ...

What is a good way to tell if a trend still has momentum?

I did read the title yes and I didnt read your post, but seem's you brought it up... the title is to tell, not observe. i still stand by the statement that there is never only one way whatever you might believe.

What is a good way to tell if a trend still has momentum?

I posted a video a while ago with a bank trader and he made an obvious point: 'work out a system that makes profit in a trend. When the strategy stops making money the trend is over.'

What is a good way to tell if a trend still has momentum?

people please stop saying "the only way" it's the most naive and uneducated response to anything when it relates to trading. Obviously there are many way's you can measure when a trend has ended or is ending and the definition is open to massive ...

What is a good way to tell if a trend still has momentum?

If the fundamentals are unchanged then the trend will most likely continue

What is a good way to tell if a trend still has momentum?