Recent content by tkpower8

:thumbsdow WEAK! .. but still funny, you know, monkey funny :lol: I had decided to make a well explained thread to explain everything from reading the charts, to entries, to trade management, to money management and risk reward, the whole package... ..but you have ruined it for anyone...

re-entry is a breakout trade that has not yet been explained, and there are a couple of scenarios for it. Each have SL, TP, ENTRY and RR mapped out before the instant you enter (this way they can be taken as separate trades also if you missed the first entry), just like the 2 trades shared so far.

thoughts (and pictures) on order placement for what, which image, which trade, what are you referring to exactly ??????????????

kimo'sabby has posted valid information via his "tony hart" pictures but hasn't explained much to anyone about them. He has not asked me a clear directed question about the 2 trades I have introduced thus far or I would have answered. His pictures will be of benefit to less experienced and...

yeah.. I'll get to that part that you mean later on. It is just my opinion of course... but it is based on a few years teaching experience; there is no point just throwing all types of trade at anyone without making sure they understand all the key concepts behind reading price action and then...

For what exactly? If you mean to your pictures then it comes later... this thread will be 1 trade at a time with complete reasoning, entry points, sl points, tp points, the whole lot... Just as I have done for the first 2 trades... and first we need to discuss all the swing trades, breakout...

Re: TL Bounce Swing Trade.. cont Pretty much everything you tried to cover comes later kimo'sabby :) So we are certainly on a similar page But people will not understand from just a picture so I am going the thorough explanation route

This is just my opinion on the matter: Fundamentals move the markets for obvious reasons. But to follow every aspect of the fundamentals for 2 countries per pair would be a massive job and completely lose the free time appeal that I have achieved trading the way I do with a VPS and trade...

Not a quick fix for sure :D... but it is a real and complete approach. There is no quick fix I am afraid ... or everyone would be doing it.

Sorry, bad wording... it's not a trading room Joe, it's a live classroom where people can interrupt and ask questions live but I do post my charts throughout the week to help people with TL's and seeing the trades I teach etc... I also hold webinars on the weekend if I am not busy I am teaching...

TL Bounce Swing Trade.. cont As I mentioned before the gray boxes on my chart are Support Resistance areas, but I only have a limited number above and below price at any one time so for that previous trade there were none there. For this next TL bounce trade using that same picture the gray...

TL Bounce Swing Trade.. cont In this example since we have our confirmed Resistance area at the predictive TL and we have our SL. Using Candlestick patterns the 1st entry opportunity is the IB after the PB. The black area is an intelligent area to move your SL to BE based on recent historical...

TL Bounce Swing Trade So now we move on to another swing trade. The market moved in nice smooth proportionate looking swings whilst making it's 1st Lower High, Lower Low scenario, the 2nd wave of movement down does not indicate that the momentum is slowing. A single TL was drawn (please...

Trend Lines ... cont The one exception to the rule is when price is swinging in large smooth swings yet still making gains in a particular direction. These TL's should also not be very steep and remain a single TL to remind you it is a predictive TL and not a confirmed TL * Do not clutter...

Trend Lines Drawing Trend Lines is actually something I should have covered before the 1st trade example but I will cover some basic TL drawing concepts I have before I move on. The next trade is the TL bounce so it is very important that you draw them correctly. Firstly there is no point...