Best selling books on day trading forex factory trendline

Period: All History. Post 6 Quote Jan 8, pm Jan 8, pm. Joined Jul Status: Member Posts. The "Magic" best selling books on day trading forex factory trendline are useless and they give you fake signals Do you trend the more current action or try to stay with longer time lines? Post 15 Quote Sep 12, pm Sep 12, pm. Post 4 Quote Dec 1, am Dec 1, am. Quoting miketoll. I just want to say thanks. Best Trading Psychology Books 36 replies. Here's why; I have levels at which Whos buying bitcoin this run spread buy cryptocurrency begin taking profit that would make price projection numbers less than 32 not worthwhile. Let's watch TV instead. The choices we make today will determine the life we quicken etrade espp best consistently growing stocks tomorrow. Joined Feb Status: Member 5 Posts. First, my experience is that there are far more false or premature breakouts of slanted chart lines than in the case of horizontal boundaries. Post 15 Quote Jul 28, pm Jul 28, pm. I getting confuse and confuse what should I trade and what I shouldn't trade. Joined Jul Status: Pip farmer Posts. Post 10 Quote Sep 12, pm Sep 12, pm. Post 5 Quote Jan 8, pm Jan 8, pm. Post 14 Quote Sep 12, pm Sep 12, pm. Quoting GEfx. I'm guessing that you do not enter the trade until the close of the candle in the TF your trade is based in. Quoting JeremyWS. Murray math lines was a good example of. This allowed me to understand this indicator well enough to understand it. Membership Revoked Joined Dec Posts.

I use the Fib lines for profit targets, they are drawn from the trend line break of the candle that is used for entry. With trendlines formed on flags, pennents, and formations of this type of nature, I tend to let price hit or break the trendline and wait bars to see what happens. Confirmation of the existing trend continuing combined with previous Fibonacci and support and resistance level. Before I could double leveraged trading tool online broker futures trading to make sure I was looking at the correct chart, it was over, and I was stopped out for my 1st loss. The "Magic" indicators are useless and they give you fake signals Period: All History. Attached Image click to enlarge. I better make it clear. Post Quote Aug 29, am Aug 29, am. Printable Version. How to trade channel? Trendline Scalping 4hr timeframe replies. Membership Revoked Joined Jan 30 Posts. Post Quote Aug 25, pm Aug 25, pm. I hunting for AAA trades. If you understand what happened in Price Action then the only you need is a clean Chart with out any indicator

Day trading the currency market by Lien. Post 5 Quote Edited at pm Nov 22, pm Edited at pm. Attached Image click to enlarge. Does anyone know where I should start reading? Learn, a forex trader must, unlearn and relearn he will. If I want to get in on that direction, I always wait for a retrace. Two touches are enough for a good trendline and entry point at the third to the pip which must also include some additional points of confluence i. Post 12 Quote Apr 3, pm Apr 3, pm. Also, a neat way to draw trendlines, in addition to connecting pivots, is to connect the midpoints of different small areas. If it can't, something's very, very wrong. One major thing that this analysis has helped me with is identifying price action patterns. But I still ok with this trades, at least I didn't lose a single pips. Iam now confused what is right. Post Quote Edited at pm Aug 29, am Edited at pm. Which setup is the best? Is that correct? Thanks to you and to many others on this forum. Do you know some good ones?

If the market pulls back in an overlapping pattern and I have all of those in place Murphy says that for constructing trendlines you have to include the whole bar, but Alexander Elder states that you should place the trendlines at congestion areas, this means at areas where most bars are. Thanks, Darryl. Its nice to see option trading pricing and volatility strategies and techniques rob bowen pepperstone are on the right path. Joined Dec Status: Member 17 Posts. The reason i want to know this is, that i dont want to learn things which are normally e. Best share for intraday how to find and trade stocks successfully reasons are the baby boomers I'm 49 are going to devistate this country with MediCal and social security need. I work some pretty weird hours and that makes it next to impossible for me to get more than an hour at a time in on the computer. The more complex and complicated things are - the more I'd be suspicious. Anyway, i intend to enter not at the break of the trend line but one or two pips above the close of that candle. J16s thread is awesome and he is a great mentor; however, inevitably you will have to develop your own fxcm history theta positive options trading so better to take responsibility for your own learning. In most cases I see a hybrid between closing-price and whole candles. So brilliant that those of us with an average IQ, it would take the remainder of our lives to wade through his books. Alexander Elder. A cross and test of two trendlines at the third point works pretty nicely. Books Books Books 10 replies. The reason these are superior patterns for trading is that the penetration of a boundary line most often occurs simultaneously with the violation of a major or minor high or low point within that pattern. Post 4 Quote Dec 1, am Dec 1, am. Post 10 Quote Nov 27, am Nov 27, am. This is how it read out to me: "Learn patience and discipline by extended hours trading interactive brokers how do vanguard etfs pay more than you should and if you wish to know about things like market logic skim through a brochure of 30 pages or .

Quoting Pipanator. Attachments: Guide to price action. Post 55 Quote May 3, pm May 3, pm. Post 7 Quote Dec 1, am Dec 1, am. Too many drawn Trendlines all same look: how to draw Trendlines with different look? So brilliant that those of us with an average IQ, it would take the remainder of our lives to wade through his books. All technical analysis books are choosing those specific patterns that coincide with their theory, not mentioning the trades where the pattern aligned with the theory but then resulted in a failed trade. Quoting Pollen. I also like Ehrek's approach. Any advice? King Singh. And i truely wish you were trading the London open. Price Activity indicator not Price Action 7 replies. The latter takes a lot of practice!

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That seems like a method that's being traded in a wide range of markets. Quoting swilliam. Joined Jun Status: I've never had much luck with scalping or EAs but I am open to the idea. I consider such patterns to be horizontal. Joined Feb Status: Member 78 Posts. Post 6 Quote Dec 1, am Dec 1, am. Best regards! If this was not near the all time highs I would be long. Post Quote Aug 29, am Aug 29, am. DeMark is teaching than I do. Attached Image click to enlarge. The reason these are superior patterns for trading is that the penetration of a boundary line most often occurs simultaneously with the violation of a major or minor high or low point within that pattern. Going thru it right now. I hunting for AAA trades. Membership Revoked Joined Dec Posts. So it is on your risk, manage your trade wisely. Post Quote Aug 29, pm Aug 29, pm. Post Quote Edited at pm Aug 28, pm Edited at pm. Post 3 Quote Dec 27, pm Dec 27, pm.

Exit Attachments. Post 7 Quote Jan 8, pm Jan 8, pm. I'm getting there After trading for 1 year I find it breaks usually on the 4th or 5th bounce more of the 5th bounce break and the odd occasion 3rd while the 2nd bounce is the strongest. Think i'll wait for a pull back then let Demark decide. Tom demark Trendlines. All the best. Post 17 Quote Dec 1, pm Dec 1, pm. This is a hard business where all your mental assets developed through your life is more of an disability. If it does not break through with big momentum in bars, it's usually an ideal opportunity to fade back in the direction of the original trend-- you reduced risk by entering on a retracement, and your still trading in the direction of the original trend. What happening on GU. So I'm looking stocks that have gone from pennies to dollars how to see my investing on robinhood pc increase my knowledge of pure PA trading. Quoting paramita. But I juz wanna know what goes wrong on my trades. Post 9 Quote Dec 29, pm Dec 29, pm. Similar Threads Indicator for Auto-drawing trendlines 30 replies drawing trendlines 6 replies Preffered timeframe for drawing trendlines 7 replies books for drawing trendlines??? Nice pdfs thanks for sharing! Ic market trade bitcoin how to buy bitcoin with cash I began trading live 2 weeks ago and am not disappointed at all.

Quoting niteshift Quoting StephanusR. Plan of action There are two ways to take advantage out of a trendline: 1. Examples: 1 , 2 I suppose this would be ironic to a channel range or fan momo user; and, of course, most trendlines have a mix of both, even to the extent of several momentum structuring onto a series of discrete, aligned points vs. Joined Sep Status: Member Posts. Hi there, Post 46 Quote May 1, am May 1, am. I'm guessing that you do not enter the trade until the close of the candle in the TF your trade is based in. Confirmation of the existing trend continuing combined with previous Fibonacci and support and resistance level. The more complex and complicated things are - the more I'd be suspicious. Would just like to address one part of bevok's post, from Peter Brandt's quote never read him, but I digress : "Diagonal patterns, by contrast, have slanted boundary lines. I wait for retest of Neckline. Joined Feb Status: Member Posts. This allowed me to understand this indicator well enough to understand it. The road toward successful trading can rarely be walked in a year. If it breaks, it almost always tests and then I watch the structure of the test. I apologize if my question is elementary, i just took a If it can't, something's very, very wrong.

Good to have someone who understands DeMark on this side, Hope you'll share more of your trading experience with us Diamonddbw. Thanks for starting this thread. Kirkpatrick and Julie R. I've never had much luck with scalping or EAs but I am open to the idea. Joined Feb Status: Member 78 Posts. I just want to say thanks. Hope this helps. Hi there, For example in a chart you posted ,you wait for a retest of a trendline and you miss the boat. Post 3 Quote Dec 27, pm Dec 27, pm. Thank u for clarification Ill post some more examples when time is right. Mark minervini stock screener etrade auto withdrawal Pipanator.

Joined Feb Status: Member 78 Posts. Joined Apr Status: Member Posts. Please continue to share your knowledge. The only con is that it has too many images of charts and they take up a lot of space. Joined Jul Status: Member Posts. Do you trend the more current action or try to stay with longer time lines? One of my favorites is rapid price movement Measure twice, cut once. Attachments: Drawing Correct Trendlines. What happening on GU now. I'd recommend the public J16 thread over anything you have to pay inhumane amounts for. I apologize if my question is elementary, i just took a quick glance of your thread, I appreciate your time for a quick reply.

Quoting simpleguy. Similar Threads Please code "Parabol trendline" or "Curve trendline" for me 0 bitcoin cash trading app primexbt volume Trendline, Trendline and Trendline 4 replies wondering what charting software do ppl use? I have been looking for books myself and figure that instead of starting completely new threads for more newbs like me it is easier to continue an old one. Post 19 Quote Dec 2, am Dec 2, am. Hi there, Post 6 Quote Dec 1, am Dec 1, am. But my most important question is where would your stop loss have been? Quoting mr. For the flag the target is 1450 forex scalping best forex deposit bonus half the pole. All the best. Examples: 12 I suppose this would be ironic to a channel range or fan momo user; and, of course, most trendlines have a mix of both, even to the extent of several momentum structuring onto a series of discrete, aligned points vs. Also remember, Demark said his indicators can be used on small time frames but thinks they work best on higher time frames, but I also think that is just a personal preference by him. Hero calls followed by margin calls Joined Feb Status: Member 78 Posts. Profile settings for options robinhood reddit questrade reddit canada is a hard business where all your mental assets developed through your life is more of an disability. Then I wait for a third touch, if price bounces, it becomes a valid trendline for me, and I look for a trade opp. How about this? Post 15 Quote Jul 28, pm Jul 28, pm. The link is useful. Post 8 Quote Dec 29, pm Dec 29, pm.

Attachments: Guide to price action. Examples: 1 , 2 I suppose this would be ironic to a channel range or fan momo user; and, of course, most trendlines have a mix of both, even to the extent of several momentum structuring onto a series of discrete, aligned points vs. Post 4 Quote Nov 22, pm Nov 22, pm. Attached Images click to enlarge. Do you trend the more current action or try to stay with longer time lines? Post 45 Quote May 1, am May 1, am. Post 59 Quote May 6, am May 6, am. Is it possible to change the setting for the Daily candle according to specific open time? Joined Feb Status: Member Posts. Post 8 Quote Jan 8, pm Jan 8, pm. Post 14 Quote Dec 1, pm Dec 1, pm. Joined Jun Status: Member Posts. How about this? Before I could double check to make sure I was looking at the correct chart, it was over, and I was stopped out for my 1st loss. Anyways, please continue to benefit everyone here. You must change with the market. Post 12 Quote Dec 1, am Dec 1, am. Tom DeMark is brilliant, imho. No one is saving any money to retire on. Depending on the PA did we have a quick retouch to the trendline before resuming direction?

Or are you going to wait for retest? Post 58 Quote May 5, pm May 5, pm. Short trendlines 7 replies. Does anyone know where I should start reading? This all trades is mostly I miss the boat. Diagonal patterns, especially shorter term ones i. As long how much do i need to trade bitcoin coincap slack you make money, you're correct. There is something called Price Action let that guide you! Books Books Books 10 replies. Well, must have been lucky cos i got my first TP1 for 20pips and TP2 for 50 pips. I would not go that far saying I'm teaching anything in this thread, I'm barely sharing some point of experience. Attached Images click to enlarge. King Singh. Post 5 Quote Jan 15, am Jan 15, am. Have best trading bot bitcoin momentum trading file pdf had any success trading this? Post 11 Quote Apr 1, pm Apr 1, pm. Joined Aug Status: Beating the odds 3, Posts. With trendlines formed on flags, pennents, and formations of this type of nature, I tend to let price hit or break the trendline and wait bars to see what happens. Post Quote Aug 30, pm Aug 30, pm. Quoting aiyahmarklah. Hey guys i chickou in ichimoku how to setup thinkorswim trade hotkeys just working on adding books to my site when i came acorss this check it out Strength Of Trendlines. Joined Jul Status: Pip farmer Posts. All technical analysis books are choosing those specific patterns that coincide with their theory, not mentioning the trades where the pattern aligned with the theory but then best selling books on day trading forex factory trendline in a failed trade.

At least I didn't lose a single pips. Recommend an ebook on trendlines The trendline has now four touches and price is heading for a fifth touch, which in most cases leads to a break-out. Post 14 Quote Dec 1, pm Dec 1, pm. Post 3 Quote Dec 27, pm Dec 27, pm. Post 19 Quote Dec 2, am Dec 2, am. Quoting JeremyWS. Depending on the PA did we have a quick retouch to the trendline before resuming direction? Post 5 Quote Jan 8, pm Jan 8, pm. At another chart there is a retest of trendline. Quoting alter. I appreciate your trading skills with diamonds. Joined Sep Status: hardcore chartist 2, Posts. How big or small, the sharpness of definition, and the juxtaposition with other areas and their trendlines are three other determinants. Since you are such a technical trader ,i think it is a mistake not to.

I'd recommend the public J16 thread over anything you have to pay inhumane amounts. This is what I was wondering. But it's easy to understand and I really like the way he trades and explains. Post 9 Quote Dec 29, pm Dec 29, pm. Joined May Status: Member 1, Posts. I did not understand your question…. Quoting Pipanator. Tom DeMark is brilliant, imho. This allowed me to understand this indicator well enough to understand it. I'm not using the indicators though, just trendlines and price action. Heah Adiaz. Hello would this be valid TL according your rules? Don't you think 3 points make it very conservative? Post Quote Aug olymp trade indonesia facebook bsp forex historical, pm Aug 25, pm. Please code "Parabol trendline" or "Curve trendline" for me metatrader 4 sound alerts double line macd mt4 replies. Post 2 Quote Jan 8, pm Jan 8, pm. Drawing Objects vs Drawing lines 1 reply. If the market pulls back in an overlapping pattern and I have all of those in place Post 16 Quote Sep 12, pm Sep 12, pm.

Plan of action There are two ways to take advantage out of a trendline: 1. I like the way you see the charts. How about this? Fibs, pysch levels. Strength Of Trendlines. Well, must have been lucky cos i got my first TP1 for 20pips and TP2 for 50 pips. Quoting JeremyWS. PP was about The original thread is the first few threads that I chanced upon and read, months back when I started learning about forex. Chart analysis on trend line breaks is something I have done extensively and this has helped me come to some conclusions which do serve me. I think Can you make money in forex without leverage cara broker forex dapat untung is valuable only when considering liquidity relative to the PA. Trendline Scalping System. Murray math lines was a good example of .

Iam now searching for more books, which are good for learning forex. Attached Image click to enlarge. DeMark is teaching than I do. It seems to only work best from 4h and above. Joined Sep Status: Member 20 Posts. I getting confuse and confuse what should I trade and what I shouldn't trade. I apologize if my question is elementary, i just took a quick glance of your thread, I appreciate your time for a quick reply. Post 10 Quote Dec 1, am Dec 1, am. Profit is on the other side of your mind. I've always liked indicators because it somewhat takes the guess work out of reading a chart. PP was about Quoting paramita. How do I change the color of trendlines? Strength Of Trendlines. Joined Dec Status: Member 5 Posts. Post 46 Quote May 1, am May 1, am. Recommend an ebook on trendlines Let's watch TV instead. Books that have been recommended by vetrans on FF are as follows. I'd recommend the public J16 thread over anything you have to pay inhumane amounts for.

Quoting StephanusR. Joined Jan Status: Member 32 Posts. Joined Jul Status: Member Posts. Stop thinkorswim synchronize charts of different symbols and tpo charts should always be placed outside the daily range. Hey aediaz, Glad you started this thread, can't wait to see what gems you have to offer. One of my favorites is rapid price movement Quoting aediaz1. Joined Jul Status: Pip farmer Posts. Post 5 Quote Edited at pm Nov 22, pm Edited at pm. Please continue to share your knowledge. Price Action Or you want to learn PA? Commercial Member Joined Mar Posts. I'm not using the indicators though, just trendlines and price action. Profit is on the other side of your mind. Joined Mar Status: Member 8 Posts. The tendline was at 1.

Price Action Or you want to learn PA? Post 6 Quote Dec 29, am Dec 29, am. I've always liked indicators because it somewhat takes the guess work out of reading a chart. There is very little available to the public information on this. Just trade on instinct, listen to your gut, have you seen this situation before, what happened then, it'll probably happen again Sep 13, Last Sync: Sep 13, Which setup is the best? Depending on the PA did we have a quick retouch to the trendline before resuming direction? But I still ok with this trades, at least I didn't lose a single pips. I getting confuse and confuse what should I trade and what I shouldn't trade. Post Quote Aug 30, am Aug 30, am. Post 8 Quote Dec 29, pm Dec 29, pm.

My approach with trendlines is to watch how the market reacts to the trendline. Quoting sandy-pip. Some truth there but more information is always better and nobody can argue against this especially with respect to financial markets. Hero calls followed by margin calls Books Books Books 10 replies. A cross and test of two trendlines at the third point works pretty nicely. Is there a lvl2 Tom DeMark points indicator 15 replies. The more complex and complicated things are - etrade earnings history does fidelity trade penny stocks more I'd be suspicious. Post 4 Quote Dec 28, pm Dec 28, pm. This is how it read out to me: "Learn patience and discipline by trading more than you should and if you wish to know about things like market logic skim through best dividend yield stocks tsx what does dow stock market mean brochure of 30 pages is there an auto refresh for etrade idle cash interactive brokers. Post 3 Quote Jan 14, pm Jan 14, pm. Joined Feb Status: Member 5 Posts. New Simulation.

A lot of people have asked me how to draw a trendline during the past years, also sharing their concern about lack of proper knowledge about such an well-known phenomenon like trendlines. Could have been more if i wasn't emotional. Kirkpatrick and Julie R. Post 55 Quote May 3, pm May 3, pm. Post 47 Quote May 1, pm May 1, pm. There is something called Price Action let that guide you! I think PA is valuable only when considering liquidity relative to the PA. And i truely wish you were trading the London open. The best is some one could set it together with chart so that we could understand better. Alexander Elder.

Anyone following Tom DeMark's methods? EU give me a good lesson. Note of caution A perfect trendline setup is rather rare so don't expect it to happen once a day. Quoting bobblong. I second that.. What I've found is that, also dependent on the other three variables, momentum keeps price around, eventually fading, and range structures around price, sharply pushing price away. Don't you think 3 points make it very conservative? Some comments would be very nice. King Singh. Post 4 Quote Dec 1, am Dec 1, am. Post 8 Quote Apr 1, am Apr 1, am. I most of the times use the nr 2 way of drawing trendlines.