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@  karabo : (20 June 2019 - 08:18 AM) any good coders here to help ,having a good manual strategy ,hilding good results for the longest time ,need it to give alerts and not get all glued to screen.I have screen shots to prove results
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5-15 Minutes Price Action Order flow strategy

Price Action PA 5 minutes context candle

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#21 raydioturner

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Posted 07 March 2017 - 10:23 PM

UJ has been trading in a range all week so far. But, we got some nice bearish order flow to kick off the Asian session in preparation of news release. Price broke through support now resistance and gave multiple rejections off it. I waited to enter after price closed below the pullback candle, signaling continued bearish strength. 2017-03-07_2112.png


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#22 tcr

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Posted 08 March 2017 - 06:08 AM

N2Lk6yG.png

OTM trade. I didn't plan the trade well. Have to clear mind and plan the trades.


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#23 tcr

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Posted 13 March 2017 - 06:13 AM

This is a bonus trade from last week...

w8XVWya.png


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#24 tcr

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Posted 13 March 2017 - 10:02 AM

gG2fsNE.png

This week's first ITM. A nice and clean setup.

 

There is something that i want to point out. See the last bull candle which i have highlighted (The one broke the key level). It's called a bull trap. Institutions like to trap retail traders or novices to be exact, in to these kind of setups. They make it like a legit break of the key level and attract more bulls to the market (trapping traders). But once they have stopped out, it will help to accelerate the down move. 

 

Specially when there is no clear range established, retail traders enter long trades after breakout. But most of the time, they miss the key level and power behind it.


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#25 tcr

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Posted 14 March 2017 - 03:01 AM

This was a stupid mistake i did.

fm4wyj7.pngOTM deserved


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#26 tcr

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Posted 14 March 2017 - 09:49 AM

This one is a pullback entry. Ride after pullback. But the bear bar pierced the level to trap traders.

cSnwzxJ.png

 

I had to go for  a 20 minute option. because broker didn't offer me a 15 minute option. Anyway, the pair revered after i won the option.


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#27 raydioturner

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Posted 14 March 2017 - 10:01 AM

This was a stupid mistake i did.
fm4wyj7.pngOTM deserved


Very nice post-trade analysis tcr.

#28 tcr

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Posted 16 March 2017 - 08:58 AM

lqrXP31.pngThis is a mistake i did knowingly.


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#29 tcr

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Posted 17 March 2017 - 02:32 AM

This one was unlucky.

StDQNcA.png


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#30 moneyfred2014

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Posted 19 March 2017 - 10:47 AM

For me price action is just noise and it's impossible from candle history to infer where the price will go due to market maker manipulation. I'd suggest trying momentum based trading instead, the suits use the 1 hr tf and above. Check my topic about currency strength and add the standard mt4 momentum indicator with a period of 20. Trade only calls when the momentum crosses the 100 line from below and vice versa. 



#31 tcr

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Posted 20 March 2017 - 01:57 AM

For me price action is just noise and it's impossible from candle history to infer where the price will go due to market maker manipulation. I'd suggest trying momentum based trading instead, the suits use the 1 hr tf and above. Check my topic about currency strength and add the standard mt4 momentum indicator with a period of 20. Trade only calls when the momentum crosses the 100 line from below and vice versa. 

I read your thread. How long have you been trading your strategy ? 

If you can execute trades looking at only momentum crosses and angles, ignoring other things, everyone here will make millions of money easily. 

Every candle has a meaning. Price Action is the foot print of the order flow. It gives you clues about what institutions are doing. So if you want to make money in the long run, develop your skill set to read candle and understand the order flow behind them. 

Most of us think that price action is as simple as trading pin bars, engulf bars, inside bars etc. But it is not. Especially in smaller time frames like 5M. 

So develop your skill set to read and understand the order flow behind the price action.

 

Anyways good luck with your strategy. I read your thread.


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#32 tcr

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Posted 20 March 2017 - 09:32 AM

mkJkTPe.png

 

This one is a good entry though i won it by few pips. But pair went down and my analysis is legit. I need to improve my skills to execute at the correct time. (if it was forex trading, it would have given me more pips  ;) )

 

Anyways, i have described how i made my entry and developed my odds for the trade. This is a different type of trade compared to my other trades (swing points, value ares or SR levels). This is a break out trade.


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#33 tcr

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Posted 21 March 2017 - 09:56 AM

3QL5rQb.png

 

This is a good setup. Catching up at the pair reversal. Look how far the pair went down after breaking the level.

 

In advance, i'm looking forward to take a pullback reversal trade to that role reversal level.


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#34 tcr

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Posted 23 March 2017 - 03:02 AM

This is a range boundary play.

But ended up OTM. My fault. Bears took control of the market near middle level of the range. Bull;s didn't come to protect the lower level.

This is a false bear break.

 

KplsAUg.png


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#35 tcr

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Posted 24 March 2017 - 04:27 AM

Entry after pullback. Very logical. 

Practice your chart reading skills.

jn9q9bp.png


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#36 tcr

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Posted 24 March 2017 - 04:31 AM

Guys price action is not just noise. There are valuable information in those candles.

Watch past candles and identify their characteristics (strong bodies, long wicks, dojis short bodies and etc.). Then try to create a logical story by applying those characteristics and watch candles in real time until you get a confidence about the trade.

 

Try to find whats hidden in the chart


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#37 raydioturner

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Posted 24 March 2017 - 01:39 PM

2017-03-24_1257.png

 

First entry(first hollow arrow): Bearish pressure finding support at the 525 level. Entry was after pullback with trend doing one final push back down past support. Bearish pressure continues through the 500 level where the market makers finally take price down to the level they wanted, giving themselves the best price possible just before news and Judas swinging all the poor traders short. Was this bearish pressure preplanned and timed to release before news? Hell yes it was! Second hollow arrow was taken on the pullback with trend. Note the long wicked rejection off of the 600 level, which tripped stops mainly and I imagine even trapped some breakout traders short. 


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#38 raydioturner

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Posted 27 March 2017 - 07:59 PM

2017-03-27_1953.png

 

Role reversal area. Aussie went into a small accumulation period followed by a break out to the 76300 area, then a pullback. Had a strong bullish candle that made a lower low and higher high close than previous candle. took a call and itm.


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#39 raydioturner

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Posted 27 March 2017 - 09:09 PM

2017-03-27_2102.png

 

 

110.600 had acted like a good role reversal level, noted by the multiple rejections. Price broke up to the 800, then came slamming back into the 600 again. Price did go slightly past it, but expectation was for the rejection. Price starts slowing down noted by smaller candles, then a candle closed at a higher high, back up above the 600, which gave the confidence for execution. Continuation of the pullback followed though for the win. 


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#40 tcr

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Posted 29 March 2017 - 07:10 AM

GN1WwS6.png

 

Ride the trend after breaking the level. A simple trade


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