Thread: Trading Made Simple

Originally Posted by ;

quote hi v2v is your cot report chart free? Any sourse /link?thanks

I created it... glow only. Get the CSV file from CFTC do calculation and a table format. I shared it but I shared it on local FB Currency Market group and my FB page.

Originally Posted by ;

quote PRICE ACTION CHANNEL read these 3 old articles by the OP and you'll discover the two yellow lines Price Action Channel is on one of the templates he published. No need additional indior and also you can create the PAC in any trading platform using 2 5-period Smoothed Moving Average set to High and Very Low https://forexintuitive.com/discussio...r-markets.html https://forexintuitive.com/forex-tra...es-market.html https://forexintuitive.com/discussio...2-gbp-usd.html

Due

Originally Posted by ;

quote 2H 49M is staying time to this bar/candle closing . .

Aaah okay thanks.

my yesterday commerce

sell gbpjpy 117pips

AUDUSD - Trading the pools of Liquidity

This is just a small trade win but I feel it highlights the necessity to choose the correct TDI signal. The problem I had to get a couple of years took a lot of TDI crosses that seemed great in the time of this trade but failed after.
So started my quest to understand how the market moves and how to select the correct directional moves and trade them.
What I found at the conclusion was pools of Liquidity. We got it wrong.
Its not arbitrary at all, just a price action ball rolling towards the next biggest pool of Liquidity on the chart.
If we can guess where the next biggest pool may be, we ought to just trade.
Therefore I trade AWAY from the POC That's frequently around the Monthly Close Line when we trade the H4.
So I trade the Candle with Intend away from the POC and the Monthly Line (Kings Candle Strategy in a Nutshell)
If the TDI looks great, its a bonus.

Before someone rats on about not using Big E Charts, that's because there his charts not mine.

since your using MP search for demand around value low and take the pullback for it to value large and tdi has been turned up

Originally Posted by ;

AUDUSD - Trading the pools of Liquidity This is simply a little trade win but I believe it highlights the need to choose the correct TDI signal. The difficulty I had for a few years was taking a lot of TDI crosses that seemed good at the trade's right time but failed after. So began my quest to comprehend the way the market moves and how to select the correct moves and trade them. What I discovered at the end was pools of Liquidity. We got it all wrong. Its not arbitrary at all, only a price action ball rolling towards another biggest pool of...

Rick, What is the POC indior you're using?

Originally Posted by ;

AUDUSD - Trading the pools of Liquidity This is just a little trade win but I feel it highlights the need to choose the correct TDI signal. The difficulty I had to get a few years was taking a lot of TDI crosses that looked great in the trade's right time but failed after. So began my quest to understand how the market moves and how to select the right moves and trade them. What I found at the end was pools of Liquidity. We got it wrong. Its not arbitrary at all, just a price action ball rolling towards another biggest pool of...

Hello Rick, Same query as Nigpig - What is the POC indior used and what's the indior screen on the left of your chart in crimson. Please share for our well being partner. Cheers!

Originally Posted by ;

quote Rick, what's the POC indior you're using?

Hello Nigpig

Just google pz and market profile and you ought to come across a complimentary copy. To give you another reason MP is valuable, you can't even download a variant on to Tradingview unless you pay to become person.

GBPJPY

Why we are on the topic, allow me to show you a trade from yesterday using MP. Here on the 5 minute chart we have had four days of which range at which the price action is going no where and the Point of Control (Maximum traffic area for day) for the three days were all within a 20 pip range.
I have been doing for a couple of days was to exchange into the ring for a couple of pips and then away from the band for several pips. It's sort of similar to a ball with a elastic band attached to its body. Each time it moves away from the ring, the pressure tightens and the ball drops back into the ring. This has been happening for about 4 times and its money if you observe this tight range.

My egy was simple. The move from the POC ring will be quite so strong, the ring is going to snap and price action will stream away. This occur so I was able to pick up 95 pips before I got stopped out. It actually reached 230 pips but I was out and in bed.

Also notice that the average daily range has been double so if we had been paying attention, we ought to have figured that a move has been on the way.