Journey of the ES - Wannalearn12

[LeMercenaire]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png (19.78 KiB) Viewed 5514 times

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

[Leoheart]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

If I had 3 thumbs, I would give them up here. As always, You are the 'man'. Lem, I have been thinking but too shy to ask I would love to learn how you tackled the higher TFs trades as a prop trader. Maybe start thread on that stuff for us humble folks?

Edit: In Red: What am I not seeing? Its a up trending Channel?

Another Edit: Look to the left of what exactly, what is reference point? Is it first red arrow on the left side of the chart.

[Libertarian]

Thanks for taking the time to put this together Lem, I appreciate it.

Here is what I see, and its from spending too much time around Klik, I follow the held profit idea. The bounces were at place where previous players had bought, and would have put their stops. The red line is a pretty obvious zline.

I had the idea of price sucking TOWARDS the SND levels on my board from one of your previous posts. I'm going to crack into the links you posted.

trend-line-support-and-look-left-SURPRISE%21.png (51.27 KiB) Viewed 5498 times

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

[LeMercenaire]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

If I had 3 thumbs, I would give them up here. As always, You are the 'man'. Lem, I have been thinking but too shy to ask I would love to learn how you tackled the higher TFs trades as a prop trader. Maybe start thread on that stuff for us humble folks?

Edit: In Red: What am I not seeing? Its a up trending Channel?

Another Edit: Look to the left of what exactly, what is reference point? Is it first red arrow on the left side of the chart.

Hi Leo.

What I am getting at is to take a look at the little blue boxes as marked to illustrate bounces from the trendline.

Extend those boxes left, back in time.

Now see how those boxes that seemingly formed in mid-air are actually areas where price has previously had some kind of significant level form?

Does this answer the riddle of which came first, the chicken or the egg?

[LeMercenaire]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

If I had 3 thumbs, I would give them up here. As always, You are the 'man'. Lem, I have been thinking but too shy to ask I would love to learn how you tackled the higher TFs trades as a prop trader. Maybe start thread on that stuff for us humble folks?

Edit: In Red: What am I not seeing? Its a up trending Channel?

Another Edit: Look to the left of what exactly, what is reference point? Is it first red arrow on the left side of the chart.

I have considered a thread of some sort in the past. I don't want to rehash ideas from elsewhere, however. It would have to be something different. Still a trade-a-line approach, 'coz that's my thing now but it needs a new angle of some sort.

Also the problems with me talking about my previous work and by extension the long(er) time-frame trades I run now, is that so much of it made and makes use of prop software that although I still have access to and use, I would not be able to share or show images of.

I don't think it's fair that I am posting up trades without being able to show the full picture behind the entry decisions.

However, if I can think of a way to do so, then I will certainly consider it.

I am also looking at a method that is something new but I will be running it for a while before letting it see the full light of day. I won't be wasting anyone's time on something that ultimately goes nowhere.

[Leoheart]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

If I had 3 thumbs, I would give them up here. As always, You are the 'man'. Lem, I have been thinking but too shy to ask I would love to learn how you tackled the higher TFs trades as a prop trader. Maybe start thread on that stuff for us humble folks?

Edit: In Red: What am I not seeing? Its a up trending Channel?

Another Edit: Look to the left of what exactly, what is reference point? Is it first red arrow on the left side of the chart.

Hi Leo.

What I am getting at is to take a look at the little blue boxes as marked to illustrate bounces from the trendline.

Extend those boxes left, back in time.

Now see how those boxes that seemingly formed in mid-air are actually areas where price has previously had some kind of significant level form?

Does this answer the riddle of which came first, the chicken or the egg?

Yup, Makes perfect sense. I just misunderstood what your are trying to convey. Thank You good buddy.

[Leoheart]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-o ... ing-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

If I had 3 thumbs, I would give them up here. As always, You are the 'man'. Lem, I have been thinking but too shy to ask I would love to learn how you tackled the higher TFs trades as a prop trader. Maybe start thread on that stuff for us humble folks?

Edit: In Red: What am I not seeing? Its a up trending Channel?

Another Edit: Look to the left of what exactly, what is reference point? Is it first red arrow on the left side of the chart.

I have considered a thread of some sort in the past. I don't want to rehash ideas from elsewhere, however. It would have to be something different. Still a trade-a-line approach, 'coz that's my thing now but it needs a new angle of some sort.

Also the problems with me talking about my previous work and by extension the long(er) time-frame trades I run now, is that so much of it made and makes use of prop software that although I still have access to and use, I would not be able to share or show images of.

I don't think it's fair that I am posting up trades without being able to show the full picture behind the entry decisions.

However, if I can think of a way to do so, then I will certainly consider it.

I am also looking at a method that is something new but I will be running it for a while before letting it see the full light of day. I won't be wasting anyone's time on something that ultimately goes nowhere.

I see Lem & I hear you. Thanks.

[Leoheart]

Ok, here's a couple of things that may (or may not) be of interest. Only you guys can say if it is or not.

There's nothing new or sparkly here but it is a basic grounding with a couple of things that may get you thinking.

This chart is from here:

https://dailypriceaction.com/forex-begi ... and-demand

You see where the chart is marked? Yep, pretty obvious, right? However, what is often missed is this - look left from those areas. See?

trend-line-support-and-look-left-SURPRISE!.png

This is a second free site that contains some information you won't hear elsewhere:

https://www.forexmentoronline.com/the-official-supply-and-demand-trading-guide/

Finally, have a look here:

https://www.tradeciety.com/the-6-golden ... nd-demand/

These three will be a good starting point to give a background to the concept.

Before you get reading, however. There is one thing that most new traders (and a good few not-so-new traders) don't get. The thing you most often hear spouted is that the idea is to wait for a bounce or rebound from an S+D Zone. Then, ''Eh? wth!!! Price blew right through that zone. What happened to the bounce? You talk a load of mince!''

Now, you see, the thing is, most think of the S+D Zones the wrong way. What you need to realise is that you should think instead of price being ''sucked toward'' the zones.

Pro traders will be trading the move towards a zone, not only waiting for price to get to it.

Anyway, that'll keep you going for now

If I had 3 thumbs, I would give them up here. As always, You are the 'man'. Lem, I have been thinking but too shy to ask I would love to learn how you tackled the higher TFs trades as a prop trader. Maybe start thread on that stuff for us humble folks?

Edit: In Red: What am I not seeing? Its a up trending Channel?

Another Edit: Look to the left of what exactly, what is reference point? Is it first red arrow on the left side of the chart.

I have considered a thread of some sort in the past. I don't want to rehash ideas from elsewhere, however. It would have to be something different. Still a trade-a-line approach, 'coz that's my thing now but it needs a new angle of some sort.

Also the problems with me talking about my previous work and by extension the long(er) time-frame trades I run now, is that so much of it made and makes use of prop software that although I still have access to and use, I would not be able to share or show images of.

I don't think it's fair that I am posting up trades without being able to show the full picture behind the entry decisions.

However, if I can think of a way to do so, then I will certainly consider it.

I am also looking at a method that is something new but I will be running it for a while before letting it see the full light of day. I won't be wasting anyone's time on something that ultimately goes nowhere.

In red, forexmentoronline:


Nice read, but I don't know if I agree with this bit:

"The large institutions who operate in the forex market all collaborate together in which direction their planning to take the market and then manipulate the prices so it makes everyone think the market is going to go in the opposite direction to the way in which they are going to be placing their trades."

Its stated in "matter of fact" sort of way. Its like one big (combined) corporation controlling all the flow. You know what I imagine, when I read this. I see a bunch of suits calling each other up:

Corp A -Hey Bob, how are you. How are the wife and kids?
Corp B- Bob: Oh just swell Tom. Little jimmy joined the boy shouts.
Tom: Oh thats really cool man, hey btw are in the mood short Eurtry.

Bob: Yea sure why not. Let me contact Cindy and get her on board.
....

I believe the author is not considering the competion among these corporation. There maybe some collaboration internal, but not all together. Lol. Everyone simply has to trade the charts and pick up the flow for themselves.

If I am wrong just do a "Hey mcfly anyone home" . I am cool with it.

[Libertarian]

Hi Leo, check this out. They aren’t that nice

https://en.m.wikipedia.org/wiki/Forex_scandal

[Leoheart]

Hi Leo, check this out. They aren’t that nice

https://en.m.wikipedia.org/wiki/Forex_scandal

The whole time I am reading this, I am thinking to myself how unoriginal are the chatroom names were ‘the cartel’ ‘the mafia’. Shows the level of creativity (pounding my head against a wall).

Why not use a name like ‘Rainbow buddies’, so less obvious and easier to fly under the radar.

They may be able to move the markets to some degree, but the likes of these characters are definitely not the ‘sharpest tools in the shed’.