thread: Feist Beginner Journal

Demo 4hr TRades. . .retracing coming our way.

Wooow...I had been dormant for a year with only 8 actual transactions (not published here)...
work has been penalizing and I was back in college. . .juggling wasnt easy. . .lost a no of golden opporunities in stock and FX. . .hope to perform more actual time trading today and place more transactions when time permits...

After annually. . .winning ratio is higher then leveraging transactions However to do the actual maths. . .but my account $ have been at the favorable area.

Well nicely. . .nothing exceptionally. . .but market appears to be ready for a huge move. Examine the chart.

EURUSD - Up or down?
1) Divergence in the weekly. If u go down to daily, u will notice market has been ranging that MAY indie it's getting ready for the next big move.
2) Confluence
3) Monthly indite 2 dojis at 50% fib. interesting.
4) Monthly charts indie a potential HS
5) all MAs are upward
My Preference: Correction on the daily, Upside on the weekly and mnthly(neckline to be tested)

EURUSD
Daily - PB indie possible change
Weekly - Strong movement with a fantastic pub cut 200MA
4hr - no sign from 4HR. Trend continuation despite MCAD showing weakness.
Action: wait. Perhaps a weaker uptrend unless 4HR have a sign

GBPUSD
Daily- strong bar downwards.
Action: wait for sign to go in

USDCHF
Daily- A Good PB near support
Weekly - short fad proceeds
4HR - MCAD indie up motion
Action: a sign to go long

USDCHF - prices did proceed up now.

Charts for 12 13 feb

12 Feb
USDCAD - Searching for Brief 4HR. Order not activate
USDJPY - Searching for signal on Daily chart

13Feb
GBPUSD - Brief on 4hr. Searching to get re-tracement to enter
USDCAD - Brief on 4hr. Searching to get re-tracement to enter
There are weaker signs on USDJPY, USDCHF which I decided to wait on the sides.

Taking a look at the very first page below what you've recently posted, I have to say you've made great strides in what I believe the ideal direction. The contrast between the painful, cluttered charts on page one and what we have here is crude, with your dependence of indiors yielding to price action becoming a promising development. I think that the key is not in price action, however, however in order flow and supply and demand (I've discovered price action to be accurate even in the circumstance of confluence and s/r). Just something to think about and possibly research in case you've got some time.

No clear signal this week.

Studying the very first page below everything you've recently published, I must say you've made great strides in what I believe the ideal direction. The contrast between the painful, cluttered charts on page one and what we have here is crude, with your reliance of indiors yielding to price action becoming a promising improvement. I think that the key isn't in price action, though, but in order flow and supply and demand (I've found price action to be accurate even in the circumstance of confluence and s/r). Just something to consider and maybe...

Hi,

Thank you. Will do on what you mention some work.

Looking at the very first page below everything you have recently published, I must say you have made good strides in what I believe the right direction. The contrast between the painful, cluttered charts on page one and what we have here is crude, with your reliance of indiors yielding to price action being a promising improvement. I believe the key isn't in price action, though, but in order flow and supply and demand (I've found price action to be accurate even in the circumstance of confluence and s/r). Just something to think about and maybe...

Thank you, I have gotten rusty over the inactive period. Trying to ch on PA.. Find exactly what you say to be intriguing, will look to what you said about supply and demand.

Thank you!

rdgs,
y.