sakib717 said:hey gday i have some powerful price pattern. lets share price pattern ?
sakib717 said:can you please help me about it ?
3 market profile learned from ICT :
1. trending
2. consolidation
3. breakout : valid & false profile
4. reversal
i read a book name : "7 winning strategies for trading forex - cheng 2007"
this is the best book i ever read about forex. she talked about institutional trapping and many awesome thinks !
she separate 4 stages of a trend
1. Nascent trend
2. Fully charged trend
3. Aging trend
4. End of trend
these all i know can you please help about clarifying it ?
GdayFx said:No problem
sakib717 said:do you trade Wolfe wave ?
GdayFx said:i am not totally familiar with it's pattern, no
you can show me
GdayFx said:Yes i know what you mean now
you can also use these type of projections in many ways
this is the Gdayfx Wolfe Lol
sakib717 said:hey gday sorry to say but this is just my thought.
confluence zone is not a trump card, as ICT says key S/R level is a trump card.
well i use confluence zone as a logical level
like we know that there is a high probability a range can fill 1.27, 1.62 & 2.0 extension
because these level are symmetrical level !
how i use them ?
we know that big range have high provability to fill 1.27 extension, mid range have high probability to fill 1.62 extension and small range have high probability to fill 2.0 extension.
when these 3 level confluence with each other there is a high probability to reverse because already 3 range fulfilled there obvious symmetry !
this is my logic it can be right/ it can be wrong but this is how i trade.
From my trading experience identifying key s/r level is the best strategy !
sakib717 said:maybe we can discuss about trend stages as Grace cheng told ?
GdayFx said:Ah ok, i have never herd of her?
sakib717 said:writer of 7 winning strategies for trading forex