Forex Trading 2018- TA/FA- Setups and discussion, page-3069

  1. 42 Posts.
    Awesome Coder. I think we have a similar method of trading! Nice to see.

    I use the larger time frames for a 'bigger picture' then scale down. I never trade WEEKLY. I mainly watch H4, H1, H15 and use these for trades depending on what I see. I generally stick to PA however use some TA for hidden confirmations and 'to see what's happening behind the action'. My fave are MACD and STOCH. I use FIB sometimes for confluence. I also don't trade around news. I feel that's where a lot of manipulation occurs. My two cents lol. I know some love to trade news, I personally don't have the best success with it. I do pay attention to it though - we all have to.

    I take your point regarding how you draw supply and demand. I will have a look into that. Are you referring to the big players creating a re-trace to supply level in order to clear their unfilled positions at that supply level? I generally always take that supply re-trace as a short trade! I find it pretty successful. My view is; the banks have cleared their profits from the bull run, then create a bearish move for further profits on the other side. They create the wonderful 'M' or 'W' pattern.

 
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