The One: Price Action and Reaction

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I'm creating this thread to show and work collectively as a staff to make trades primarily based on the key pairs. We'll begin with solely horizontal traces, then progress to utilizing extra superior line methods.

This thread is supposed to be so simple as attainable, and to create probably the most revenue as attainable for its readers.

PLEASE READ THIS COURSE BEFORE LEARNING TO DRAW FORKS AND ACTION REACTION
http://www.medianline.com/articles/A...n%20Course.pdf

There are various threads right here on forexfactory to study from. I've discovered quite a bit from these threads, in no specific order.
Price is All the things
http://www.forexfactory.com/showthread.php?t=230888
Median Line
www.forexfactory.com/showthread.php?t=76597
No Brainer Trades
http://www.forexfactory.com/showthread.php?t=86429

IF YOU WOULD LIKE TO ENTER OUR FREE CHAT ROOM PLEASE MESSAGE ME.

I wish to dedicate this thread to Timothy Morge Shane Blankenship and Dr. Alan Andrews, Redsword11, KennyZ, Ifmyante, BillyRayVal, and pipeasy.

Particular Due to the Fibonacci mentors
Larry Pesavento, Carolyn Boroden, Joe DiNapoli, and Mr. Pip from right here on forexfactory.

Additionally to one among my unique Mentors by e-book and voice, the late Napoleon Hill. His work Suppose and Develop Wealthy and The Regulation of Success on private achievement has created extra milionaires than another e-book. Thanks for giving again.

Napoleon Hill Assets
The Regulation of Success
https://archive.org/particulars/Law_Of_S..._in_16_Lessons
Suppose and Develop Wealthy
https://archive.org/particulars/ThinkAnd...chNapoleonHill
Additionally good to learn
The Science of Getting Wealthy
https://archive.org/particulars/TheScienceOfGettingRich_512
The Grasp Key System
https://archive.org/particulars/MasterKeySystem.pdf
The E-book of 5 Rings
https://archive.org/particulars/Miyamoto...ingsgoRinNoSho

https://en.wikipedia.org/wiki/Emerald_Tablet
The Emerald Pill Of Hermes

Translation of Issac Newton c. 1680.

  1. Tis true with out error, sure & most true.
  2. That which is under is like that which is above & that which is above is like that which is under to do the miracles of 1 solely factor
  3. And as all issues have been & arose from one by the mediation of 1: so all issues have their beginning from this one factor by adaptation.
  4. The Solar is its father, the moon its mom, the wind hath carried it in its stomach, the earth is its nurse.
  5. The father of all perfection in the entire world is right here.
  6. Its drive or energy is total if or not it's transformed into earth.
  7. Separate thou the earth from the fireplace, the refined from the gross sweetly with nice trade.
  8. It ascends from the earth to the heaven & once more it descends to the earth & receives the drive of issues superior & inferior.
  9. By this implies you shall have the glory of the entire world
  10. & thereby all obscurity shall fly from you.
  11. Its drive is above all drive. For it vanquishes each refined factor & penetrates each stable factor.
  12. So was the world created.
  13. From this are & do come admirable variations whereof the means (or course of) is right here on this. Therefore I'm known as Hermes Trismegist, having the three elements of the philosophy of the entire world
  14. That which I've stated of the operation of the Solar is achieved & ended.

This thread has modified a bit since starting, however listed below are the unique guidelines. I'll put collectively a listing of superior guidelines quickly.
Buying and selling Guidelines
Rule 1: Take time to attract and observe.
Rule 2: Use solely 150 bars or much less in your chart.
Rule 3: Use 3:1 threat reward or larger.
Rule 4: When you do not see a commerce, wait, and go on to the subsequent chart.
Rule 5: Commerce not more than 5 devices.
Rule 6: Previous traces are outdated traces. New traces are new traces. Commerce within the second, as worth motion types.
Rule 7: Refresh your charts on a regular basis, be in tune with the market
Extra to come back as I can suppose....

As I had posted nearly solely lately within the Median Line thread, I had additionally shared some hyperlinks there which are useful and free. Listed below are some free movies by Tim Morge that go into element about utilizing Median Line and Andrews Pitchfork.
https://www.interactivebrokers.com/e...XQgR2VvbWV0cnk
Begin with the oldest first, as they construct on one another.

Additionally
http://www.medianline.com/articles

Necessary: To grasp utterly the extra superior topics on this thread that embody Median Line work, YOU MUST learn this course that's discovered right here and undergo the primary video under on Median Traces from Tim Morge. Additionally, I like to recommend going by ALL SLIDES and ALL ARTICLES at medianline.com/articles and on the free Interactive Brokers Movies. These are all free supplies.

And Action Reaction Course
http://www.medianline.com/articles/A...n%20Course.pdf

This free webinar ought to assist to know the fundamentals of Median Line work, that I am going into later within the thread.

To view different Free webinars from Tim Morge click on on Trade Sponsored, and select Tim Morge because the speaker. Begin from oldest first.

https://www.interactivebrokers.com/e...&ns=T#trade
Click on on CME - Utilizing Median Traces & Pitchforks for Excessive-Likelihood Buying and selling

direct hyperlink
https://interactivebrokers.webex.com...ecordingURL.do

TREND FOLLOWING PODCAST WORTH LOOKING AT AND LISTENING TO
https://itunes.apple.com/us/podcast/trend-following-manifesto/id151217747 
ALSO TIM FERRISS SHOW
https://itunes.apple.com/us/podcast/...863897795?mt=2

Listed below are some free worksheets

http://www.medianline.com/whats-new/...orksheets.html

extra free
http://marketgeometry.com/free-resources

MY TRADING VIEW CHARTS
https://www.tradingview.com/u/eagles...blished-charts

I've added indicators that I exploit with template. Q unfold may have some x, y changes to look right. I normally use basicgreenalert. You may modify Alerter4U2 to have the ability to play completely different sound information for every template, which I additionally use this to e mail to my telephone utilizing smtp underneath Instruments -> Choices -> E mail

Over the previous week, on the Euro, there have been many attainable entry factors. Do you see them?

Hooked up Picture (click on to enlarge)
Hooked up Picture
The One: Price Action and Reaction 2
Hooked up Information
File Type: zipMyIndicators.zip  545 KB | 2,276 downloads | Uploaded Jan 15, 2016 1:58pm
File Type: ex4ibettervolume.ex4  21 KB | 370 downloads | Uploaded Apr 19, 2017 10:39am
Supply : The One: Price Action and Reaction 3 eaglestar 

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.