The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
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Last seen: out 16, 2024
Hi S, - Initial Risk refers to the predetermined amount of risk a trader is willing to take on a trade before entering it. Initial risk is crucial f...
Hi Rick, Not sure if you've seen this yet, I put together an Encyclopedia mindmap tool for easier searching of concepts:/p> Hope this helps,CH...
Those are the most volatile times yes. Generally trading after 4pm ET isn't great unless there's some BTC/STC happening and Al does use 81 bars that s...
Hi Noah, I think we can call this bull bar strong because it closed on its high with no upper tail. Regarding the lower tail, while it's not particu...
The FTSE 100, or Footsie, is open Monday through Friday from 8 AM to 4:30 PM UK time (GMT), which is in line with the London Stock Exchange (LSE) open...
Hi w, Yes, I think it's still possible to be profitable by only looking at the current day's chart. I used to trade this way and it was OK. However,...
Also there are news that affect specific commodities. For example, oil futures (CL) has it's own special news releases, rollover dates etc. that affec...
Hi w, I think this was a broad bear channel so the bull spike is a 2LT into TL. Some traders might exit 1-2 points above a bear bar, or on b...
Hi w, A few things give confidence: 1) traders are trapped out of longs, they keep looking for a nice PB that's not coming 2) the stop is wide (...
Sorry, I said it wrong. I was thinking of video 16E @ 19:49 where Al talks about stops being hit below bottoms (like wedge bottoms) it becomes 50% cha...
Hi Jeffrey, I agree it's hard to sell after so much down. Some things I can think of to support further bear strength instead of exhaustion are: ...
For example, up to (A) it makes sense to think of the context as predominantly MTR, but when the TR becomes extended (yellow box further on) then it m...
Hi Jacob, I think MTR takes place in a very specific context that hints strongly at trend reversal (TL break, going above/below prior major highs/lo...
Hi Geraldine, From my understanding, the 80% failure rate is for attempts at BO. For example, not reaching TR highs (A) still counts as an attempt t...
