It all boils down to price expanding and then contracting.
call it zlines, call it supply and demand, call it thinking like a market maker, call it support and resistance its all same .
I will give some links to sam seidens supply and demand, only because it best documented and if understand it you are well on the way to understand everything here.
best advice is stick 2 time frames, 4hr and 15min timeframe for time being. 3 timeframes will confuse the hell out of you. You have to go thought period of gaining exprience and then you can take on 3 timeframes.
1. trend direction on higher timeframe
2. understand where you are in cycle of price expanding and contracting.
3. identify where and how price stops n reverses ie zline,supply n demand, support or resistance.
What i did with point 3 was look at whole bunch of trades of holding the price at an area and trades that fell straight through an area with out stopping. If you look at enough trades like this you will start to see clues when price is going to stop n reverse or fail and fall through.
Then you have entry, people have differnet styles i use 15min rat trades of zlines,s/d /s/r.This is something you have to research and see what suits you.
here is some links:
http://www.acegazette.com/en/trading-ar ... y-mel.html
http://www.forexfactory.com/attachment. ... 1317247235
http://lessons.tradingacademy.com/artic ... verlooked/
http://lessons.tradingacademy.com/artic ... oper-focus
http://lessons.tradingacademy.com/artic ... to-follow/
pinux1976 wrote:bettlebox Can you help me to find for study better the PA with break and retest the previous resistance/support
indicator like the image above?
arkan1976 your indicator with pips ? i found with google??
in my stupid mind i want to have
1) a main trend idea with dojirock indicator for pullback on higher TF4
2)a view on tf 60 with clear and easy view from bettlebox
3) go to low tf 15 and entry with arkan 1976 indicator
i hope can you help me
i have reading this forum years ago -> go to market -> loss->study->another loss->study-> ops another loss
and in this 6 months i have delete all the indicator and study Price action and here i have found you
the 3 Musketeers (arkan1976, bettlebox, dojirock ) in in your hands
thanks for have read me
p.s sorry for my bad english
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