From my candid point of view i would like to express the idea that FB and FTB are not so different TECHNICALLY !?...
(As FTB is always composed with a kind of FB no ? The only difference being FTB refers to a FB which takes places on the first pass after the breal out ...)
Yeah the concept of...
Hey Rob ;) good morning ! (what do we say at 1pm ?)
Questions regarding that trade;
1/ You validate this spot not only with the last weak SD zone but in conjunction with the more meaty previous one i show in the blue rectangle here isn't it ? https://ibb.co/jysf3R
2/ You wait the 4th...
So the SD zone represented in my link by a blue square qualify itself your requirement in term of crispness and brickwall type or is this area is validated only and also because of the past strong support points it has demonstrated please ? https://ibb.co/GtqbYVh
May be there is a misunderstanding because of the weirdness and utterly bad quality of my trade but for the sake of posterity (lol) i have to ask you if you understood i was short not long on this trade ? (trying to capture 2 points maximum)
Hey dear !
Very interesting your graph as i spot another "acceleration" this morning as well...i m not sure how to explain !?... https://ibb.co/D98qCtV
In few words, what makes you think this spike on your graph will stay a demand trap and not becoming a break out which will get higher...
@ Bloodhound
Professional i mean make a living from it no more ;)
So what do you mean by order flow if you are not referring to this please ? (https://ibb.co/Fsh85sx)
Could you briefly explain what do you mean by the concept of consumption please ?
Thanks a lot !
@ wallstreet
Thanks for...
Fantastic answer from you both Wallstreetwarrior87 and Bloodhound !
Thanks a lot for your kindness and the time you gave to me i really appreciate ( please forgive my mediocre english for this present message and/or any futures chats)
May i ask you some simple, straight and VERY CANDID...
Here is the example i describe in the beginning of this post.
Last thursday at 05:03 am easter time, Dax 30 had a kind of rush/acceleration from 12370 to 12396 points during 5mn.
If you was shorting during this acceleration you was in bad shape like i was ^^
https://ibb.co/xggr8BJ
Thanks for your answers guys !
May i ask you another question on this topic ?
- What is the most common reason for an acceleration ? ... A "big hand" has made a huge trade ? Or many small traders have made small trades at the same time please ?
Lets take an example.
Today at 05:03 am easter time, Dax 30 had a kind of rush/acceleration from 12370 to 12396 points during 5mn.
I 've been taken by surprise (i trade contrarian prolly too often...) and would like to know if there was a way to predict this sudden acceleration please ?