Straight Line Trader

FTMO Trader Scouting
Next Video is on Fiber, it is probably one of the best i have made, as far as price action goes
 
Hi SLT,

Awesome video and trade! May I ask, what do you use to determine your directional bias as 9 ema is still below 18 on Daily timeframe. Is it because H4 timeframe is making higher highs and higher lows ? Cheers.
 
AnDDe said:
Hi SLT,

Awesome video and trade! May I ask, what do you use to determine your directional bias as 9 ema is still below 18 on Daily timeframe. Is it because H4 timeframe is making higher highs and higher lows ? Cheers.

I dont always follow the ema rule, yes to higher highs higher lows and support from Monthly levels brought forward
 
Risk to Reward Sheet position size calcs
 

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SLT said:
I dont always follow the ema rule, yes to higher highs higher lows and support from Monthly levels brought forward

Since we can now see in hindsight that 13 march was where the turning point began to the move upwards, at what point would you begin to start looking for longs rather than shorts ? I still don't have a clear definition as to when to change my bias of the market.
 
Hey, i think this is ICT Short trade
Am i right ?? on the breaker entry ??
 

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There are basic buy and sell models and there are complex buy and sell models
Buy and Sell models or "price action" wave concepts/cycles are all the same thing, the key is understanding what is going on behind the moves and also importantly, identifying weather or not the price move is a correctional move/swing or an impulsive trending move, right?
If anybody wants to understand a bit more about price cycles, i am happy to share a bit more knowledge here...
My education within the currency markets and my own trading skills come from a vast study of price action, and you know something? ICT also has studied the currency/money markets at a very in depth level. he is not where he is today by chance, he now understands why price goes to where it wants to go and return to specific areas, and if you know ict's work, you know what i mean. But believe me when i say this, in order to be profitable amongst the hungry giants, you need to understand price and how its geared...
I am a carpenter by trade and i also play guitar a bit, since i was young, i am not a professional guitar player, though i can punch out a riff or two... also self taught, i understand that if you have the will and the desire, you can accomplish anything. I am one for motivation and i have always been like that, motivation gets the job done & motivation for education is what any and all traders need, to become the market movers... even if your not actually moving the market, do it by way of what does move the market and that is, price price price. Yes fundamentals have a way with price action, but there are objectives behind those moves, from the big players
 
I can't understand OB ,will you help me in this matter ?

if you make a video with multiple time frame on discussion on OB ..Or refer me any source where i can clear this issue..

Thanks
 
SLT said:
There are basic buy and sell models and there are complex buy and sell models
Buy and Sell models or "price action" wave concepts/cycles are all the same thing, the key is understanding what is going on behind the moves and also importantly, identifying weather or not the price move is a correctional move/swing or an impulsive trending move, right?
[size=14pt]If anybody wants to understand a bit more about price cycles, i am happy to share a bit more knowledge here...[/size]
:nerd: I always want to learn :nerd: bring it on Dan :pbnj: :pbnj: :pbnj:
 
Be careful learning from self-professed gurus, especially when their experience is less than 2 years, with no proof of consistent returns.

His desire to appear knowledgeable is the motivation here...
 
the golden gun said:
Be careful learning from self-professed gurus, especially when their experience is less than 2 years, with no proof of consistent returns.

His desire to appear knowledgeable is the motivation here...

Golden- Your a douche- Mind your own business you troll
End your BS now! I can't take you creeping around with your negativity. CUT IT you creep!
Internet crap pisses me off because you can dispose of aholes like you, Hiding behind your keyboard.
 
the golden gun said:
Be careful learning from self-professed gurus, especially when their experience is less than 2 years, with no proof of consistent returns.

His desire to appear knowledgeable is the motivation here...

I don't think SLT ever claimed to be a guru. He's been very up front about his progress and where he's at trading wise. Heck, he openly talks about trading on demo when he is trying out something new, and about how he's still learning.

I believe he just wants to share what he's picked up so far, from his point of view, combining multiple different teachings together into his own style. In a lot of ways, teaching something helps solidify the subject for the teacher. (And if you haven't noticed, SLT has been very open to suggestions and feedback from other members here.. it's not like he's preaching that his way of trading is the best and asking people to blindly follow him; he's here trying to learn, share, and collaborate like most of us.)

So unless I missed something where SLT became an overnight guru trying to peddle his wares... let's lay off the constant false guru witch hunt for a bit, shall we?
 
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