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Fib 11july 2017
Hi guys,
Fib today went out of TR,BO involved in a bull channel,bears try to make A BO of TL support but it fail and they were trapped in,now bulls let the price go down to make a DB then i think they will willing to buy again a second leg,bears will get out a breakeven on DB buying back....
So i will wait the price on DB and iwill buy one contract,and if the market goes against my position i will scal in one more contract at second bear leg...
That's my view at moment,what do you think?
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Hi guys
on dax today at 6p.m i saw that there was a bull spike and the price went in a weak bull channel,at 21 20 there was the FBO of the low TL of the channel,the bulls come in with resumption and i expect tomorrow two legs correption...or a TR!!
What do you think?
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Hi friends,so on FIB future today there was a spike down,thentwo legs pullback,i sold the L2 but i got trapped form a third bull leg,i wonder about where a was wrong with my analisys.The L2 tested the MM20 and went down,it look like a wedge is forming....so should i wait for exit my position?
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whe i swing i am very profitable, but i dont know where i should place my stop loss order when entering in a overshoot channel line, like this wedge.

I actually working on financial stop.

When I scalp the only trade that has been working is high 2 and low 2. But the market usually moves fast enough and my entering stop order isnt fullfilled and when it does its when my stop loss is hit.
Barbwire is the most profitable setup I ve learned.
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if anyone can look this chat I appreciate
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I have been reading the al's first book about 5 times and I coudnt find any part of his book where he teachs how to identify "buyers below, sellers above" that he used to post in his trading room.

Another concept I dont understand is how to identify "always in short"or "always in long".

Can anyone help me?

Hello friends. I am new here. I am from Brazil and I am trading brazilian index. Is there anyone here from Brazil?
Also the only reference from price action i have is al brooks - reading price charts, his first book.
I have been trying to gain some money using 3 setups that he named as best trades. It is: M2B (prices at or near moving average of 20 periods, two-legged pullback, buy), M2S (the same, but short), Minor Reversal (When in a trade range you should fade every higher high or lower low but only when there is a wedge or a second entry), Major Reversal (its a kind of a wedge, but with a major trendline break and two-legged up with a higher high).

Well, I could not make money yet. Its so easy to see the chart after the close, but in real time its very subjective to judge what is going on.

Would you indicate me anything to help me?

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Hello fellows traders,
just sharing this chart (no trades) where a triangle forms after two opposite spikes (primary and corrective).
Any ideas how this TRI could have been traded?
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hello traders,
I am sharing a couple of trades I've taken on Fri on my Demo Account.
I trade both live and demo. with demo being the choice when I am not feeling at my best. As you can see I tend to fade tops and bots and scale in. At times I enter on closes of trend bars but rarely place the stop below the signal bar. I prefer to scale in.
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#bullflag #measuremove #reverse #invertedchannel #3pushes
In this post is highlighted my trade. unfortunately it went wrong. The idea was to buy a H2 at the 20 ema in a pullback after a breakout on the open .
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