nennin:
the question is on the second higher low i notice that there is wick of sell candle lower than ur marked area?

redsox11:
From the chart picture below. From all you've learnt so far.

-- The Higher high, HH, LL... stuff + the 1 MA line we are using;

Questions;
1) Where is your buy entry??
2) and why do you enter buy there?


No answer is stupid or bad. This questions is especially for new people. Maybe after pro can help out with the answers too.
Thanks.

nennin:
i try downloading mt4 while not knowing is mt5, so when i notice is mt5 i went and delete it then try the mt4 it keep on bringing mt5 what should i do now.

Bellonaire:
I will buy after the double bottom and break above the resistance line cos that confirms the down trend is over.

Nice answer man... Anyone else

I'll post more info soon.

Bellonaire:
This is really interesting, Thank you for sharing this. I love the simplicity and application of market structure. God bless you for sharing once again.

redsox11:


You're welcome Man, we should be there for each other when we can.

Ps: I still have few things to post to bring it all together but that for later. We should work on this first.

Pps: Nennin hope you're following too? I can answer any question? other people here can also chip in.

redsox11:


You're welcome Man, we should be there for each other when we can.

Ps: I still have few things to post to bring it all together but that for later. We should work on this first.

Pps: Nennin hope you're following too? I can answer any question? other people here can also chip in.

redsox11:
More... I'll leave it here for now, for others to comment, contribute , share something and discuss.

Ps: Another thing, avoid extended and more risky move. Personally I will avoid that, I prefer the first and fresh entries.

jammer777:


Whats the value of thr MA line pls?

I thought nobody would ask

You'll have have different Simple Moving average on different timeframe.

On 4 hours, it's 30 SMA.... It's to only appear on 4hrs
On 1 hour 24 SMA... It's to only appear on 1hr
On 30mins 50 SMA... It's to only appear on 30mins
Daily 55 SMA... It's to only appear on daily

amolak:
How do you calculate your taking profit?

redsox11:
I thought nobody would ask

You'll have have different Simple Moving average on different timeframe.

On 4 hours, it's 30 SMA.... It's to only appear on 4hrs
On 1 hour 24 SMA... It's to only appear on 1hr
On 30mins 50 SMA... It's to only appear on 30mins
Daily 55 SMA... It's to only appear on daily



Minimum 1:1 but you should let the profit run and cut your losses short. God knows i don't really get this at all. i just view gbpjpy i saw almost all the timeframe selling according to candestick.

nennin:
God knows i don't really get this at all. i just view gbpjpy i saw almost all the timeframe selling according to candestick.

redsox11:


That's okay Nennin, we have all been there and it's totally okay. First let start with what is it your don't understand?? I mean first thing.

Do you have skype / Viber video call ?? We could arrange for that sometimes. You'll need access to a computer and MT4/5 .

redsox11:


That's okay Nennin, we have all been there and it's totally okay. First let start with what is it your don't understand?? I mean first thing.

Do you have skype / Viber video call ?? We could arrange for that sometimes. You'll need access to a computer and MT4/5 .

redsox11:
What we are looking for is price to pierce deep through the MA line to form High/Low and and come back to find support at the MA before bouncing back up. See chart below.

This way you are combining the HH, LH, LL, HL (market structure) knowledge with MA line.

Ps: Avoid trades where price is moving up and down around MA Line ( that’s weak momentum )

Any question so far?? Guys should let me know if I'm not making sense.

redsox11:

Ps: Avoid trades where price is moving up and down around MA Line ( that’s weak momentum )

sojmann:



Nice one!...............something similar..........
I like multiple MAs,shows the waves clearly

nennin:
okay, let's go there. i will be using the candlesticks as example because of how easy they are, doji,hammer head, engulfing etc. all this candlesticks have one or two pattern in which you will identify them with ease. but in this case of HH,HL,LL,LH. they are given me tough time to understand it, just like supply and demand i have try to look if i can identify those areas but can't. but in the case of support and resistance i can identify S and R with ease.

redsox11:
I thought nobody would ask

You'll have have different Simple Moving average on different timeframe.

On 4 hours, it's 30 SMA.... It's to only appear on 4hrs
On 1 hour 24 SMA... It's to only appear on 1hr
On 30mins 50 SMA... It's to only appear on 30mins
Daily 55 SMA... It's to only appear on daily



Minimum 1:1 but you should let the profit run and cut your losses short.

Where to apply the MA? Open, Close or High?

nennin:
okay, let's go there. i will be using the candlesticks as example because of how easy they are, doji,hammer head, engulfing etc. all this candlesticks have one or two pattern in which you will identify them with ease. but in this case of HH,HL,LL,LH. they are given me tough time to understand it, just like supply and demand i have try to look if i can identify those areas but can't. but in the case of support and resistance i can identify S and R with ease.

Sunnycliff:
GbpUsd is heading Northwards. A strong bullish trend in sight

bigbasho:
I am 100+ already. bought since friday.