The Importance of keeping the overall picture in mind

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Read structure of the market first. Structure is the market language. Use patterns to initiate your trades only when you have an idea of what direction the market is more likely to go. Cheers)
Hell of a trade if you ask me!! Nicely done, wish I spotted it yesterday...
Very nice and to-the-point analysis, keep up the good work!
+1 Reply
+1 Reply
Honestly, I expected it to be a looser because I had nine winners in a row before it. This only proves that the trade never depends on previous trades. How silly I was having such expectations in my mind!)) They could easily influence my perception and I would get what I expected.
+1 Reply
Akil_Stokes Alexander_Nikitin
Not sill realistic. We know that the losers will come eventually, especially after a nice streak of winning. Good lesson, on sticking with what you see and not what you think. NOT YET LOSERS NOT YET!
+1 Reply
beautiful, excellent chart analysis. Simple, gets the job done.
+1 Reply
One of the indicators I use colors these 'impulse' legs automatically.

Excellent level to short, 50% retracement of the big bar impulse leg, and also a nice retracement following a string of lower lows.
IvanLabrie IvanLabrie
(black is inside or outside bar)
+1 Reply
Yes, indicator makes you be objective with identifying the ranges. Although I use only eyes to identify the ranges)
IvanLabrie Alexander_Nikitin
Comes in handy for quickly spotting things. But yes, developing this 'vision' is key.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out