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  1. J

    A simple price action approach

    Hi Ironfist. Long time I haven't post in ET and I am glad that you are still in the business. First, I am flattered for the "He was the first person to open my eyes to the idea of price action". For the rest of your comments I find them quite surprising and a little disappointed...
  2. J

    OEC openecry

    I was angry with them too also because of that. How stupid is to leave the bad feed running and ACCEPTING ORDERS AT FALSE PRICES... I couldn't believe it.... don't make me start again.... jjrvat
  3. J

    OEC openecry

    Can you expand on the fix gateway. Links, reviews will be useful if you have them handy. Thanks jjrvat
  4. J

    OEC openecry

    Some???. Come on they have been screwing their customers the last 24 hours. I have contact support 20 times, phone, email, live chat, etc and they don't have a clue what is going on. Platform and feed down, and the few minutes is up is lagging badly. They just apologize and said " Our IT team...
  5. J

    I just want to trade profitabily

    <em><u>&ldquo;Insanity: doing the same thing over and over again and expecting different results&rdquo;</u></em> <strong>Albert Einstein</strong> As somebody else mentioned for you mental health you may need to reconsider if trading is for you. If not, you should try to move away from...
  6. J

    Leave stop loss and target or exit early?

    <p> <strong><u>Intellectual Masturbation</u></strong>&hellip; Don&rsquo;t pay attention to his pseudo-rational writing style &amp; most of his pseudo-intellectual comments and try to read between lines (not an easy task) sometimes he has valid point but most of the time is blurred by all the...
  7. J

    Dissecting the market in a few bars

    The next 2 chart will complete the big picture for the Euro. As we know from the previous chart (monthly) the move down was confirmed on February 2010 when price broke +/-137.50. Following the same price analysis and transposing the main trendlines from the monthly chart to the weekly and...
  8. J

    Dissecting the market in a few bars

    Long term charts are very powerful. All price notions and analysis works almost flawlessly without exceptions in these charts. Sadly, for most small traders it’s almost impossible to just trade a longer timeframe given the huge capital and time required. Nonetheless, monthly charts in...
  9. J

    Dissecting the market in a few bars

    Undressing the Euro The euro is the first instrument I will be using for price analysis. I will try to dissect the euro from the big to the small picture. I am starting with a general overview and after a detail analysis [time] frame by [time] frame. Overview The first years of...
  10. J

    Dissecting the market in a few bars

    Beginning of the month, long weekend, markets closed, long holiday: perfect time to start a new thread. As I pledged when I closed the thread “Day-Trading 2.0 for small traders” I am opening this new thread on price analysis based on real cases, I will start with 2 very common...
  11. J

    Day-Trading 2.0 for small traders

    Due to time and technical difficulties I was unable to organize this thread in a better way. This thread is not up to date and is overextended beyond repair. Some of the pictures are lost, content is dislocated and there is a lot of “noise” and sometimes misleading ideas in the middle...
  12. J

    Day-Trading 2.0 for small traders

    LOL !!! You make my day... In any case I have been working slowly with a friend in a compilation of all these concepts and some other trading resources in a better more interactive (and easier to read) flash presentation and as always in a Non Commercial environment. It will probably be...
  13. J

    Day-Trading 2.0 for small traders

    IronFist, I will try to address you question in the next posts on Trend and S/R lines but just a quick comment on your post: If you are holding trades for longer periods of time you’re not” scalping” and you will be better off trading a slower timeframe. There is not holding anything...
  14. J

    Day-Trading 2.0 for small traders

    milimabuse hence: always 50/50 chance per se OHH, yes !!! a 50/50 probability scenario … Great you just discovered the solution for successful trading. The only thing you have to do is optimize MM. Find the right timeframe for four S/R levels with 8:1 or more R/R and problem solve...
  15. J

    Day-Trading 2.0 for small traders

    rroz123, mdl060374, Your welcome and thank you for your kind words. As I said before the problem with forex for small traders is not its instruments but how "prostituted" this non regulated market is (brokers,slipagge, data manipulation, overleverage, etc, etc). Of course you can apply...
  16. J

    OPEN E CRY down again !!!

    I had some issues with OEC in the last few months but It has been ok until today that I also had some problems in the morning (Europe). I couldnt connect to their servers or webpage. I called and to be fair with them they were right this time, the problem was my ISP blocking some ports...
  17. J

    Day-Trading 2.0 for small traders

    veggen, Alegnus Thanks. It’s a little more “messy” than just HA candles. This chart is a 3LB with normal HA candles based on a 2 period Wilders smoothed “HA candles” ("FHA" candles). If you have SierraCharts you can search the free FHA.DLL I posted somewhere in their support...
  18. J

    Day-Trading 2.0 for small traders

    Momemtum Conditions I find 3 fundamental conditions behind what I call momentum as a variable that if they are understood correctly may help you moving beyond only wave’s analysis. 1. The first condition is to determine if a wave will have momentum is given by wave analysis. HH, HL and...
  19. J

    Day-Trading 2.0 for small traders

    A few days ago I received and Email from a fellow trader in which she was concern that although she finds very useful the concept of wave analysis, she is not having the results she was expecting “…at the end of day I look back at my charts …… and can’t believe how did I manage to...
  20. J

    Day-Trading 2.0 for small traders

    Gulicio, Yes I am still around. It has been a wild (and exhausting) year and it has become extremely complicated for me to keep posting as often as I would have liked. As long as there are people interested in sharing, discussing and exchanging non commercial trading topics I would be...
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