I just want ot make sure i see thing correctly:
Two points from Sam videos:
1) For DEMAND(support) you always want to see drop first.
2) For SUPPLY(resistance) you want to see rally up first.
we're in supply zone.
we wait for price to leave that area so we can finally say if it will be new supply or demand. Than we wait for price to pullback here and we take the trade.
lukx zline trading log + cfabian p.35 + adaseb p.48
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- pablo101
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lukx wrote:I just want ot make sure i see thing correctly:
Two points from Sam videos:
1) For DEMAND(support) you always want to see drop first.
2) For SUPPLY(resistance) you want to see rally up first.
we're in supply zone.
we wait for price to leave that area so we can finally say if it will be new supply or demand. Than we wait for price to pullback here and we take the trade.
So risky to buy then
WAS A YALE STUDENT. Now? Let's see!
- ***FX-JEDI***
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Quote "30m -(should I even bother looking at this tf?! Just another one to mix things up in my head) anyway short I think"
I have 4 monitors & that still is not enough, I look at Monthly, Weekly, Daily, 4HR, 1HR, 30min 15min, 5min, & occasionally 8HR & 2HR, I think I need some more monitors another 4 should ought to do it...
Looks like ya grabing some pips the Lukx, nice work glad you didn't give up.
I have 4 monitors & that still is not enough, I look at Monthly, Weekly, Daily, 4HR, 1HR, 30min 15min, 5min, & occasionally 8HR & 2HR, I think I need some more monitors another 4 should ought to do it...
Looks like ya grabing some pips the Lukx, nice work glad you didn't give up.
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....
then being in the market wishing you were out.....
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Actually, I'm in that trade from 1.44444. A bit later than I was looking for, had to go to the toilet dangit
I should have and in hindsight could have waited for another retrace to 1.6432 which I had in mind. It's the top of the zone that I put in a few days ago.
t/p 1.6636, s/l 1.6413
I will let it go as I have to do other things and apart from that the market should do the work, not me worrying about this trade.
I should have and in hindsight could have waited for another retrace to 1.6432 which I had in mind. It's the top of the zone that I put in a few days ago.
t/p 1.6636, s/l 1.6413
I will let it go as I have to do other things and apart from that the market should do the work, not me worrying about this trade.
There's no business like [strike]show[/strike] covid19 business.
- ***FX-JEDI***
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PTG wrote:Actually, I'm in that trade from 1.44444. A bit later than I was looking for, had to go to the toilet dangit
I should have and in hindsight could have waited for another retrace to 1.6432 which I had in mind. It's the top of the zone that I put in a few days ago.
t/p 1.6636, s/l 1.6413
I will let it go as I have to do other things and apart from that the market should do the work, not me worrying about this trade.
is that a typo 1.44444 should that be 1.64444??
Yeah i got in at 1.64294 way way late, but up 39.8 pips now
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....
then being in the market wishing you were out.....
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