The ideas that I trade by:

[elkin.fernandez]

MO,

I have a doubt:

I have been seeing GU today, I saw a ZLine H1. First price went down and now went up almost til ZLine H1 that it had made when dropped.



My question is, at this time, market is SLOWWW. Is it better to wait a open of Sesion like London o Tokio in order to see if price get closer to Zline H1?

Now candles are so tiny, I think that open a order is not convenient.

In other post you have said that entry is a line that divide patterns to breakouts. In this case pattern will be zone where price now is closing? And breakout when price left the pattern?.

I mean, if ideas above are right it means that NOW i couldn´t set in what line and could enter?

I wil have to be in front my pc watching the price during de sesion?

Just Trade it (JTI)

[Mira]

MO,

I have a doubt:

I have been seeing GU today, I saw a ZLine H1. First price went down and now went up almost til ZLine H1 that it had made when dropped.



My question is, at this time, market is SLOWWW. Is it better to wait a open of Sesion like London o Tokio in order to see if price get closer to Zline H1?

Now candles are so tiny, I think that open a order is not convenient.

In other post you have said that entry is a line that divide patterns to breakouts. In this case pattern will be zone where price now is closing? And breakout when price left the pattern?.

I mean, if ideas above are right it means that NOW i couldn´t set in what line and could enter?

I wil have to be in front my pc watching the price during de sesion?

Just Trade it (JTI)

Hi Elkin.. if price is only pattern&breakout you want to enter in a pattern and to profit from a breakout, in my opinion.

Price usually slows down (no momentum) when is approaching to a level, as MO told us, then it leaves in direction of profit (momentum), just choose in which direction you want to trade based on what price has done and on your stop loss position.
I'm sure of one thing: the simple, the better

[elkin.fernandez]

I didn't want to enter in this case because price was so slow. I didn't know if it would rise before dropping. So I didn't enter in this chart. After that price only drop. .

[Mira]

I didn't want to enter in this case because price was so slow. I didn't know if it would rise before dropping. So I didn't enter in this chart. After that price only drop. .

I know how you feel, missed trades are always the best

However, I remember MO saying that we are Afer-Momentum traders.
Price moves, then stops and then moves again.

[elkin.fernandez]

Because of that I have a doubt. I didn´t know if enter or not. When I enter pum! Price first go against my idea and after go in favor. When I don´t enter, price only do what it have to do. LOL

It´s frustrating... I will have to be during London Sesion in order to SEE what price DO when volumen arrive or take risk and enter when I think price is in a pattern and it has been doing what my idea say?

I have heard that many times price before London Sesion often move against of true direction and at Open Time start to move in true direction. I dont know if that was true but I have seen that many time it occurs. Most of time in pairs with GBP.

Just Trade It (JTI)

[elkin.fernandez]

MO,

I have a doubt:

I have been seeing GU today, I saw a ZLine H1. First price went down and now went up almost til ZLine H1 that it had made when dropped.

Hi Elkin.. if price is only pattern&breakout you want to enter in a pattern and to profit from a breakout, in my opinion.

Price usually slows down (no momentum) when is approaching to a level, as MO told us, then it leaves in direction of profit (momentum), just choose in which direction you want to trade based on what price has done and on your stop loss position.
I'm sure of one thing: the simple, the better

When you say that (red letters) it means that i have to wait to SEE price go in this direction?

In that moment of the picture above, price was ON a LINE (1.3454). Had I to enter in that LINE and put my SL in another LINE (1.3468 or 1.3482) (according my MM)?

Just Trade It (JTI)

[elkin.fernandez]

I didn't want to enter in this case because price was so slow. I didn't know if it would rise before dropping. So I didn't enter in this chart. After that price only drop. .

I know how you feel, missed trades are always the best

However, I remember MO saying that we are Afer-Momentum traders.
Price moves, then stops and then moves again.

If you see the image. Price already had go down with momentum and stopped and moved again (went up) and stopped so... ALL were GOOD TO ENTER?

Just Trade It (JTI)

[Mira]

Because of that I have a doubt. I didn´t know if enter or not. When I enter pum! Price first go against my idea and after go in favor. When I don´t enter, price only do what it have to do. LOL

It´s frustrating... I will have to be during London Sesion in order to SEE what price DO when volumen arrive or take risk and enter when I think price is in a pattern and it has been doing what my idea say?

I have heard that many times price before London Sesion often move against of true direction and at Open Time start to move in true direction. I dont know if that was true but I have seen that many time it occurs. Most of time in pairs with GBP.

Just Trade It (JTI)

You are thinking too hard Elkin!

It's easier than that! A way long easier than that.
95% of the traders are sitting there watching price going against their idea and then going in direction of profit.
Price NEEDS to take out SL



This is how i see it:

elkin 1.png (8.07 KiB) Viewed 3465 times

elkin 2.png (7.15 KiB) Viewed 3465 times

elkin 3.png (18.07 KiB) Viewed 3465 times

[elkin.fernandez]

Mira, are you profitable?. Because I see that you DO understand to MO. LOL.

This image that send me got clear my SIGHT.

Thanks. Let me SEE many time this picture. LOL.

Just Trade It (JTI)

[elkin.fernandez]

Mira, you identify PATTERNS with many closes in a tight level of price or with Extreme 1 - Extreme 2?

Just Trade It (JTI)