The idea's we trade by, so we never lose again. p2. The students become the masters

[Mr. Hyde]

Come on Kreslik, I know there are members here that either trade or want to trade pure price action. I will get a thread going on it if its the last thing I do. Haha.

Ok so this is after the fact but still pointing it out as its something Im just starting to incorporate into my trading. 1 is flags and 2 is a 3 bar reversal. The flag is very obvious and perfect example. The 3 bar reverszl is where the 2nd bar has a lower low and lower high then the other 2 bars. Then the correct way to play as I have read is wait for bar 4 to break above bar 3, then place a limit order in the middle of bar number 3. At heart it is almost like the non momo bar, momo bar, wick in bar setup.

Also at the same area it was resistance turned support. An idea I have taken from my ML studies is the test retest entry. Which is basically saying what for a bar to test a line and see if it rejects it with good separation. If so then you can place a limit order with the sl behind the nearest pivot. The reason I like this setup is it gives you a way smaller sl then waiting for price to BO above of a candle. The problem is sometimes you don't get a retest and price just takes off without you.

[Mira]

Come on Kreslik, I know there are members here that either trade or want to trade pure price action. I will get a thread going on it if its the last thing I do. Haha.

Ok so this is after the fact but still pointing it out as its something Im just starting to incorporate into my trading. 1 is flags and 2 is a 3 bar reversal. The flag is very obvious and perfect example. The 3 bar reverszl is where the 2nd bar has a lower low and lower high then the other 2 bars. Then the correct way to play as I have read is wait for bar 4 to break above bar 3, then place a limit order in the middle of bar number 3. At heart it is almost like the non momo bar, momo bar, wick in bar setup.

Also at the same area it was resistance turned support. An idea I have taken from my ML studies is the test retest entry. Which is basically saying what for a bar to test a line and see if it rejects it with good separation. If so then you can place a limit order with the sl behind the nearest pivot. The reason I like this setup is it gives you a way smaller sl then waiting for price to BO above of a candle. The problem is sometimes you don't get a retest and price just takes off without you.

I don’t know if I’m getting it but I’m following!
ML is for Median Line?

Thanks

[Mr. Hyde]

Come on Kreslik, I know there are members here that either trade or want to trade pure price action. I will get a thread going on it if its the last thing I do. Haha.

Ok so this is after the fact but still pointing it out as its something Im just starting to incorporate into my trading. 1 is flags and 2 is a 3 bar reversal. The flag is very obvious and perfect example. The 3 bar reverszl is where the 2nd bar has a lower low and lower high then the other 2 bars. Then the correct way to play as I have read is wait for bar 4 to break above bar 3, then place a limit order in the middle of bar number 3. At heart it is almost like the non momo bar, momo bar, wick in bar setup.

Also at the same area it was resistance turned support. An idea I have taken from my ML studies is the test retest entry. Which is basically saying what for a bar to test a line and see if it rejects it with good separation. If so then you can place a limit order with the sl behind the nearest pivot. The reason I like this setup is it gives you a way smaller sl then waiting for price to BO above of a candle. The problem is sometimes you don't get a retest and price just takes off without you.

I don’t know if I’m getting it but I’m following!
ML is for Median Line?

Thanks

Correct

[PeterBerregi]

Price labels on right are entries and on left exits. Did the same on GU, GJ. 1 win and 1 loss on EA.

Nice trading Mr Hyde.

Do you mind fleshing out your entries a bit, especially the first one @ 129.605. Is it one of TRO's 20 pips from the daily extreme trades (is that the Rat reversal or a wickzone trade?) Or is it an M5 123/Ross hook?

Thanks mate for sharing. Loving this burst of activity from you, Mira and LeM. Keep it coming

Edit: I can't seem to include your original chart in the quote above, so just letting you know I am referring to your E/J chart here

[Mr. Hyde]

Price labels on right are entries and on left exits. Did the same on GU, GJ. 1 win and 1 loss on EA.

Nice trading Mr Hyde.

Do you mind fleshing out your entries a bit, especially the first one @ 129.605. Is it one of TRO's 20 pips from the daily extreme trades (is that the Rat reversal or a wickzone trade?) Or is it an M5 123/Ross hook?

Thanks mate for sharing. Loving this burst of activity from you, Mira and LeM. Keep it coming

Edit: I can't seem to include your original chart in the quote above, so just letting you know I am referring to your E/J chart here

No problem. !st entry was an aggressive entry with me assuming that after my entry the 1hr candle would close above prior support. Also price will sometimes move one way the hour before the London open and then back the other way once London open, giving me more condidence that price wouldn't continue down. Also on the 15m there were railroad tracks (equal bar lengths facing opposite directions). This is one of my more favorite bar combos that I love playing.

2nd was simplying a rat entry on the 1hr, which was also a strong bar (closed above the previous candle) also a TTE. Also if you look at the hour before on the 15m chart there was the railroad track setup again.

3rd was simply a 1hr momo that closed over an extreme and came back wicked it then, on the 15m offered a rat entry.

You were correct that the 1st entry was also a 123 on the 5 min chart. I almost never look at the 5 min chart so I didn't even notice this until you mentioned it.

Almost all my entries are either 123/TTE, strong/weak bars, candlestick patterns (only at important area's) and rat entries once already in a trade and looking to add on.

eurjpy-m15-oanda-division1.png (51.92 KiB) Viewed 2685 times

[PeterBerregi]

Perfect response. Thanks for the clarification.

[Mira]

Price labels on right are entries and on left exits. Did the same on GU, GJ. 1 win and 1 loss on EA.

Nice trading Mr Hyde.

Do you mind fleshing out your entries a bit, especially the first one @ 129.605. Is it one of TRO's 20 pips from the daily extreme trades (is that the Rat reversal or a wickzone trade?) Or is it an M5 123/Ross hook?

Thanks mate for sharing. Loving this burst of activity from you, Mira and LeM. Keep it coming

Edit: I can't seem to include your original chart in the quote above, so just letting you know I am referring to your E/J chart here

No problem. !st entry was an aggressive entry with me assuming that after my entry the 1hr candle would close above prior support. Also price will sometimes move one way the hour before the London open and then back the other way once London open, giving me more condidence that price wouldn't continue down. Also on the 15m there were railroad tracks (equal bar lengths facing opposite directions). This is one of my more favorite bar combos that I love playing.

2nd was simplying a rat entry on the 1hr, which was also a strong bar (closed above the previous candle) also a TTE. Also if you look at the hour before on the 15m chart there was the railroad track setup again.

3rd was simply a 1hr momo that closed over an extreme and came back wicked it then, on the 15m offered a rat entry.

You were correct that the 1st entry was also a 123 on the 5 min chart. I almost never look at the 5 min chart so I didn't even notice this until you mentioned it.

Almost all my entries are either 123/TTE, strong/weak bars, candlestick patterns (only at important area's) and rat entries once already in a trade and looking to add on.

eurjpy-m15-oanda-division1.png

Mr. Hyde! I’m sorry for asking but could you share your CC?

I don’t know why but I changed pc and now the indi writes bars details (“upbar” and “downbar”) all over the chart.. aka it’s impossibile to use

Thanks

[Mr. Hyde]

Nice trading Mr Hyde.

Do you mind fleshing out your entries a bit, especially the first one @ 129.605. Is it one of TRO's 20 pips from the daily extreme trades (is that the Rat reversal or a wickzone trade?) Or is it an M5 123/Ross hook?

Thanks mate for sharing. Loving this burst of activity from you, Mira and LeM. Keep it coming

Edit: I can't seem to include your original chart in the quote above, so just letting you know I am referring to your E/J chart here

No problem. !st entry was an aggressive entry with me assuming that after my entry the 1hr candle would close above prior support. Also price will sometimes move one way the hour before the London open and then back the other way once London open, giving me more condidence that price wouldn't continue down. Also on the 15m there were railroad tracks (equal bar lengths facing opposite directions). This is one of my more favorite bar combos that I love playing.

2nd was simplying a rat entry on the 1hr, which was also a strong bar (closed above the previous candle) also a TTE. Also if you look at the hour before on the 15m chart there was the railroad track setup again.

3rd was simply a 1hr momo that closed over an extreme and came back wicked it then, on the 15m offered a rat entry.

You were correct that the 1st entry was also a 123 on the 5 min chart. I almost never look at the 5 min chart so I didn't even notice this until you mentioned it.

Almost all my entries are either 123/TTE, strong/weak bars, candlestick patterns (only at important area's) and rat entries once already in a trade and looking to add on.

eurjpy-m15-oanda-division1.png

Mr. Hyde! I’m sorry for asking but could you share your CC?

I don’t know why but I changed pc and now the indi writes bars details (“upbar” and “downbar”) all over the chart.. aka it’s impossibile to use

Thanks

Blubbb_CustomCandle (1).mq4

(7.31 KiB) Downloaded 156 times

[Mira]

No problem. !st entry was an aggressive entry with me assuming that after my entry the 1hr candle would close above prior support. Also price will sometimes move one way the hour before the London open and then back the other way once London open, giving me more condidence that price wouldn't continue down. Also on the 15m there were railroad tracks (equal bar lengths facing opposite directions). This is one of my more favorite bar combos that I love playing.

2nd was simplying a rat entry on the 1hr, which was also a strong bar (closed above the previous candle) also a TTE. Also if you look at the hour before on the 15m chart there was the railroad track setup again.

3rd was simply a 1hr momo that closed over an extreme and came back wicked it then, on the 15m offered a rat entry.

You were correct that the 1st entry was also a 123 on the 5 min chart. I almost never look at the 5 min chart so I didn't even notice this until you mentioned it.

Almost all my entries are either 123/TTE, strong/weak bars, candlestick patterns (only at important area's) and rat entries once already in a trade and looking to add on.

eurjpy-m15-oanda-division1.png

Mr. Hyde! I’m sorry for asking but could you share your CC?

I don’t know why but I changed pc and now the indi writes bars details (“upbar” and “downbar”) all over the chart.. aka it’s impossibile to use

Thanks

Blubbb_CustomCandle (1).mq4

Thanks

[Mr. Hyde]

The yellow line is the P0-P4 line. basically it is based off of pivots (drawn by connecting the 0 pivot and 4th pivot) and once price crosses it, it gives a signal that the trend that way is probably over. then I drew another pitchfork down, got a test retest at the red arrow down. Target is at the x.