Thread: Trading quotThe Constrictorquot

Eur/Gbp 4H.

Bearish bar according to entry type 4.

g.

Ghous,

Thanks for sharing, something new to rear evaluation.

You're inspirational, we started around precisely the exact same time, and your trading knowledge only exploded. Lots of hard labour, and it's evident.

Thank you!

T.J.

Originally Posted by ;

I am short Gu 4H off a lovely appearing inside bar.

Nearly all of my the largest runners I have had with this system were Inside bar trades. . .and it is obvious to see why - no additional trigger bar beats the Rpotential.

g.

stopped out for BE.

Price hauled back after moving 3R in my way - no way was I going to take a loss on this one.

g.

Originally Posted by ;

Ghous,

Thanks for sharing, something new to back evaluation.

You are inspirational, we started around the same time, and your trading knowledge just exploded. Lots of hard labour, and it's evident.

Thank you!

T.J.

Thanks a lot T.J for the encouraging words - still quite a ways to go

Originally Posted by ;

Eur/Gbp 4H.

Bearish bar as per entrance type 4.

G.

Cease reduced to a half bar one.

g.

Saw this on Ej, but was a simple pass for me.

I was searching for a more powerful near or outside the ascending trend line.

It's working out pretty well but I'm determined to be picky with my trades, given the fact that we get ample installments every month across the pairs I exchange.



g.

Eu.

Have no idea how I overlooked this.

I have to arrange my time better.

g.

Originally Posted by ;

Cease reduced to a half bar one.

g.

.

Remember this from yesterday?

One PPZ to another is the way we roll people!

g.

Originally Posted by ;

The longer I spend with the machine the longer it divulges itself . It is an remarkable journey far and quite frankly it's the very first time that I have had to find my own answers as I gain experience with the machine. I have had the privilege to be spoon fed as it concerns the HOW of trading (thnx into the j16 group) and all that is really making this new variant of trading knowledge an interesting venture.

I now know you can not just buy/sell to a top/bottom without making a note of the area price has bounced off of....

Thank you Ghous. I got what you mean.

I did notice reversal but paying more attention to 8500. The price broke 8500 and started retracing. Now two things could occur.

1. Price will respect 8500 and will act as a support
2. Price does not respect 8500 and price breaks through

In this case, I feel the 1st one happened. Price formed consolidaiton and stalled at 8500. The pub that was 5th broke 8500. This pub happened to be touching EMA21. Hence I considered this pub as a trigger pub.

Probably should have waited till price crosses 8540/8530.