Kreslik.com - traders community since 2006

Definitely my last trade of 2013

Happy New Year Everyone.

Second trade EurUsd Resistance became support. The fact the engulfing pattern to downside never triggered made me sit and take notice of potential failure then simple matter looking for first zline away to upside. nb: target was 15min zline the thin red horizontal line. http://kreslik.com/forums/use...

EurUsd trade on european opening session. With daily opening before the higher zline reason i took profit there.

UK Session opened right under how stack of supply zones. Not going long into that. But Weekly classic zline was the next target on the books and monthly stall on 50% level. I didnt see the weekly zline until end of day when i did a deeper analysis. Weekly arnt part of trade at moment. Theres a lesso...

Was looking through NLA over xmas came across post from MO about the Water Horse Pattern. So thought i break it down and convert it into picture form, pictures help me to fix the concepts in my mind. Just another way to find direction. MO's Water Horse pattern for direction. The picture of text is t...

Some people where asking about this long trade off bottom on EurUsd on friday , way i saw it was simple failure to continue my expectations and the principle momentum starts on lowest timeframe first. Attached is picture of 1hr (higher timeframe and how i saw flow of money and why not go long off th...

I think i did one these while ago but updated it and worth repeating cause its so important.It all comes down to this principle. You can multiple breaks in one driection before price could zero out the profit. In examples below i used single candles just to keep it simple. Also note that you may nee...

Thanks Mo. I see what you're are saying.

Merry Xmas btw

MightyOne wrote:Here you go Bettlebox:

Quote "So if going long you waited until either a singular red bar was engulfed or a run of red bars." - Exactly News, i started taking single candle formation because it was pissing me off i was missing price action of know areas of supply or demand by waiting for combined candles only. A...

Hi News Yea Supply/Demand and fibs on extreme marked by semaphors. But the Price action based on principle "Price hits a higher time frame Zline then look for a lower timeframe zline (i.e. you entry chart) away.". <--Dragon Quote by the way. I did some pictures that relate to my previous p...