Kreslik.com - forex traders community since 2006

I haven't been posting these days but I'm working on this, I'll post soon

They say you have to enter after a confirmation or a trigger or this candle formation and that formation. But what if you can enter at a place where other people don't even think about? Like when go short when the candle is looking bullish or go long when the candle when the candle is bearish? Like...

Since I'll be dialing back on my stuff starting next week (still need to see exactly what I'll do), I just took the liberty of trading outside the trial on another account, using zones (it's still the last 'move' of the pattern, trading the break). The big blue box is the same H4 support in the prev...

This is what I mean when I said that I now read the chart in a certain way. I only took that short that stopped me out at 0.7R as I wanted to see if it went back down to that area, which it did a few minutes after. But ignore that. In the move up I didn't like the wicks so I took none. So I see pric...

After writing my post I realized one thing, I never give any good example of breakout trading. Well, I just did and you can check the ideas (6 presented) if you feel it's necessary. About HTF, one of the reasons why I have scalp and anchor trade is because of what you said, it takes time for a patt...

Some notes: BO 1-4 are biased BO, meaning, you have an expectation of where the market will go because you have a bias attached to the method. BO 5-6 are bi-directional so it can go both ways. BO 1, 2, and 3 look similar but they're not. They can overlap though. BO 1 and 2 are like siblings. BO 5 a...

The world of breakout trading. In the past, I mentioned that breakout trading is the "safer" play amongst other play in my WIL, but I haven't given a good example. I personally used them in the past with varying degrees of success. Maybe I will start exploring their potential again with t...

The reason why so many people fail to optimize their gains when using S/R or S/D technique is that they are so focused on the areas while missing the big picture. That is why they arrive at their TP safely and then the price still go further only to finish the pattern (and there is actually another...

A very nice, friendly, textbook "hindsight" trading. Chart... This is a no-brainer entry. Up to the black horizontal (edit: I meant vertical) line is where the hindsight trading method is giving us a clear "outcome". If you are cautious, you will exit at the first dark blue box....

I'm not bothered if I have to sacrifice a few losses here and there because I also operate using 2 tactics, scalping and anchor trade. I also forgot to reply to this part, but it's very important. I've noticed (through trial and error of course), that I'm mentally much, much comfortable taking seve...