Well done Nial, like some of the comments you made
about daily charts how accurate they are, hope the trade turns out well.
Until I decided to switch to daily charts after I read one of Nial's article
about the daily chart being as close to a holy grail.
If you want to fast - forward your learning curve and learn to trade effectively as quickly as possible, check out my price action trading course here and learn more
about daily chart trading with simple yet effective price action strategies.
Not exact matches
The
Daily Mirror joined the discussion by publishing this
chart about fracas, which ranks the incident as more serious than a tussle or a clash, but still not as bad as a brawl.
On the
daily chart we see the price has surpassed and is
about to close above the Monthly Pivot Range high, this is a significant event in that it demonstrates the bias has shifted from the many weeks of bearishness, to one of bullishness.
In this example we are looking at the AUDUSD
daily chart and we can see currently the market is in a large trading range between
about 1.0612 and 1.0175.
On the
daily chart we see the price has surpassed and is
about to close...
What is to be said
about the
daily and weekly price
charts of gold itself?
GE GE, -1.76 % investors and hard - hit retirees, who haven't had much to cheer
about lately, may like the
chart above from The Wall Street Journal's
Daily Shot.
Consuming
about 2 - 3 tablespoons coconut oil
daily, I've raised my HDL cholesterol from an anemic 38 to an off the
chart 73 in 1.5 years.
The
chart shows the
daily mean temperature at
about 7,500 meters altitude, i.e. middle troposphere (400 mb / hPa).
You can include healthy snacks in your
daily diet
charts as this will allow you to snack without having to worry
about excessive weight gain.
I saw a lot of fascinating
charts and graphs
about dating site user behavior at Online Dating Summit, from mobile logins to messages sent and
daily logins along with many of other KPI's (key performance indicators).
New Delhi, India
About Blog The Astro channel provide Vedic Astrology birth
chart, Indian Astrology Compatibility,
Daily Horoscope, Monthly, Online reading based on Numerology.
Help your low level ESL learners talk
about their
daily routine using a simple and clear speaking
chart.
Also provocative is Julie Bosman's recent NYTimes article
about the impact of a «
daily deal» to get your ebook noticed and catapult it to the top of the
charts.
Because i learnt off you first i only look at
daily and 4 hr
charts i Would love to know more
about what you get out of 1 hour
charts, Gye:)
They've got some idea in their minds
about day trading and they all seem to want to look at short time frame
charts before focusing on the
daily chart.
If you focus on the
daily charts you can focus on checking the markets after the New York close each day (5 pm NY time) and then again
about 8 to 12 hours later, depending on your schedule.
Many traders write in to me on email asking me
about «missing trade setups» on the 15 minute
charts or other small time frames, if they are mainly focusing on the
daily charts and 4 hour
charts like I teach.
Great advice Nial (as always) and thanks to an earlier newsletter of yours
about how it is better to not be in the market when a set - up is not that strong in order to be a professional and consistant profitable trader, I have reduced my own exposure to the point that I found a better setup on my
daily (that's as low as I go)
charts!
Here's an example of the EURAUD
daily chart recently that shows just how consistent both down trends and up trends can be in this market... note how the volatility and speed of these trends were
about the same:
When I talk
about «End - of - Day» trading strategies, what I am basically talking
about is trading based on the
daily chart time frame.
In the last video I talked
about the bullish signals that were forming on the
daily chart, we can see in this current video that a bullish pin bar / inside bar combo formed on the
daily AUDJPY
chart.
Its been 6 yrs fx trading and i am returning back to the basics of Discipline you have written
about... I think to start a new by moving up to 4 hr and
daily from the smaller
charts... also having a trading plan written down on paper so to review how well I followed my plan... I have been to emotionally tied to my trades, i think the above changes will break this link..
I feel very passionate
about focusing on the
daily charts, but I challenge you to prove to yourself why it is the best time frame to trade.
However, I think that what you say is quite right and I am going to trade the
daily charts even if it means trading
about 10p per pip.
Dear Justin, Kudos for your very informative article, A question
about the settlement period, Lets say a bullish pinbar has been formed on the
daily chart at a Key Level and the last four (4 - hour) session or Candle indicates some signs of bearishness..
A price - only
daily chart shows you everything you need to see, which is the raw price data for each day, all you should be thinking
about is plain vanilla price action.
Below I talk
about a Forex Candlestick Reversal Bar, one of my favorite Trading Strategy I use when trading from horizontal support and resistance areas of the
daily charts.
Hi Nial, Happy anniversary, Well i have been a student of yours now for
about 1 year and a half and a full member for
about 6 months and i must say my progress in learning to trade price action has been phenomenal, trading raw price with the
daily charts has been for me the most accurate way to trade in the market, the
daily charts seem to be the only time frame that can give you a clear insight in to price momentum, strength and potential reach, I also use the 15 minute
charts for entry and exit of trades and most of all i use the usd index to give me a clear insight in to market direction and strength, I have found that raw price analysis of different time frames in the usd index can help you to make a more accurate decision on which currency to buy or sell at any given moment.
In the example
chart below we see the
daily EURUSD from
about mid-August until now.
This is
about the farthest back I typically go when drawing in my levels on the
daily charts.
I won't get into all the reasons
about why focusing on the
daily charts is so much better than lower time frames, but you can click the link above to find out more.
In the example
chart below we have the
daily XAUUSD (spot gold)
chart showing
about the last 4 months of data.
If you want to learn more
about how I trade «Low - Frequency» price action strategies on the
Daily Chart time - frames; check out my price action trading course and member's community; my trading philosophy is based on trading only the highest - quality price action trade setups, which means less trades and less stress!
In the example
chart below we have the
daily GBPUSD showing
about the last 4 months of data.
In the example
chart below we see the
daily EURUSD from
about the end of May to mid September of this year.
I would say it's pretty accurate that just
about 80 % of my trades are taken on the
daily chart time frame.
When you know how to use price action setups effectively you can trade strictly off
daily charts and spend
about 30 minutes a day analyzing the forex market for trade setups.
The residential and commercial flooring powerhouse releases its latest earnings on April 27 (a week from Friday), so there's a chance the options action is
about traders positioning themselves well in advance of those numbers, but a look at a
daily chart shows some compelling price action unfolding in MHK right now:
During lunch, which is provided
daily, surfers will take part in discussions
about surfing etiquette so they can learn to get along with others in the water as well as learn
about how to read tide
charts and how waves work.
The dinosaur - riding survival game Ark: Survival Evolved is chugging along nicely, with
about 40,000 people playing it at this moment (a
daily peak of 56,000, according to Steam
Charts) and a big new expansion called Aberration set to come out later this month.
Never content with work that comes easily, Drew constantly reaches beyond «what's comfortable» and
charts a course of
daily investigation, never knowing what the work will be
about but letting it find its way, and asking, «What if....»
Prepared
chart for
daily assignment of duties to different laborers and workers and provided information
about site progress to respective clients
New Delhi, India
About Blog The Astro channel provide Vedic Astrology birth
chart, Indian Astrology Compatibility,
Daily Horoscope, Monthly, Online reading based on Numerology.
Responsible for patient care; assist nurse or physician in the operation of medical equipment; Provide information such as directions, visiting hours, or patient status information to visitors or callers; Explain medical instructions to patients or family members; Stock or issue medical supplies; Review patients» dietary restrictions, food allergies, and preferences; Record vital signs, such as temperature, blood pressure, pulse, or respiration rate; Record height or weight of patients; Gather information from caregivers, nurses, or physicians
about patient condition, treatment plans or appropriate activities;
Charting all
daily duties; Answer phone and intercom system; Performing all managerial duties
New Delhi, India
About Blog The Astro channel provide Vedic Astrology birth
chart, Indian Astrology Compatibility,
Daily Horoscope, Monthly, Online reading based on Numerology.