Recent content by iplaygames

this was terrible, just had multiple losses, the market was moving real fast, and I was reacting to price action while at the same time trying to draw supply/demand lines. it was a very bad idea, because I found out I couldn't do both at the same time. when I finally got the direction right, I...

the 2nd trade was a buy. it was counter trend so I was nervous from the beginning. when the market moved up near a previous low, it slowed down a little and I immediately jumped the gun to exit half my position, when in fact the demand line was very much intact. the same thing happened a few...

the first trade was a short, after entry, price almost immediately reversed, I usually would have exited already, but by reminding myself that the supply line was still intact, I was able to held my position through the worst of the chop. then price moved in my favor but once again it started to...

@db, thank you for the advice! I'll try not to be stupid. though if I am indeed stupid then I probably can not help it :cheesy: the hardest thing about trading for me is knowing when/where to exit. it's definitely a lot more profitable to let the profit run, but I found myself mostly just...

thank you for the reply! I'm new to this thread and about half way through reading your posts. sorry if I broke any rules it's because I haven't read them yet. ever since I read about the hinge and the power play around them, I started looking for them in the market. and last night I found my...

the hinge worked a couple more times when price came back to it. eventually price was able to blew through it. would you have taken the short at the marked location? if so, what is your reasoning?

NQ20181005 price action after NFP saw this hinge develop on NQ, drew it on a larger time frame, and watched price react around its edges and the mid-line. really amazing stuff. I tried to mark some bars as potential buy/sell trigger bar. am I doing this correctly? did anybody else see this and...

thanks for the great example and clear explanation! I'm starting to connect the dots between price behavior and volume. it will still be very hard to do this in real time. but I guess I'll improve over time and practice. please post more examples like this if you can.

this post is solid gold. it'd have saved yrs of my struggling with trading if only I could have read sth like this before. thank you so much for sharing your experience and wisdom so generously. thank you for taking your valuable time to help others :thumbsup:

you need at least a couple of hundreds trades to make any backtest trustworthy, depends on the time frame you trade, that could mean a few year's reliable historical data to find. then write a program that tests the trades for you. if you use MT4, make sure that you test with "open prices"...