NexusFi: Find Your Edge


Home Menu

 





Series On Trading Methods (Part 1)


Discussion in Trading Journals

Updated
    1. trending_up 1,226 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 1 attachments




 
Search this Thread
  #1 (permalink)
Kevin1802
Hochiminh, Vietnam
 
Posts: 2 since Oct 2021
Thanks Given: 0
Thanks Received: 2

"A Trader just find a best pattern to follow in his life"
I wanna create a series about the patterns I am following that have helped me to profit in this market.
This is one of the patterns what I often expect, I want to start with it because it is one of the most ideal in my opinion.
-> The price moves up and accepts a new Value Area, then I will look for a buy signal.
Moving up in a continuing uptrend means you're buying in a position that is recognized by the community as bullish. In addition, you'll has the backing of big buyers who bought from the low value area, they want to protect and strengthen their position.
This is different from buying on a reversal pattern, where you have to fend off many sellers on the way up, as these sellers need to protect their positions. So even though this pattern offers a bigger profit (if you win), in terms of trade-offs, I still choose to buy on the continuation position.
How about you?


Attached Thumbnails
Click image for larger version

Name:	photo_2021-11-06_16-48-44.jpg
Views:	251
Size:	17.0 KB
ID:	319429  
Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Khamenei Vetoes Uranium Transfer as Peace Odds Surge to …
Prediction Markets & Event Contracts
Pakistan Mediator in Tehran as Hormuz Normalization Coll …
Prediction Markets & Event Contracts
April FOMC Minutes: Most Divided Fed Since 1992 -- Many …
Traders Hideout
Iran Ceasefire Surges to 19.5% on US 15-Point Plan -- 82 …
Prediction Markets & Event Contracts
Double Deadlock: Rubio Calls Hormuz Tolls "Unfeasib …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
17 thanks
The Confluence Meter: A Multi-Layered Signal Framework B …
11 thanks
NT8 color choices
10 thanks
The Pivot Point 113.6³ — Navigating the Prediction of …
8 thanks
500 MES points a week
5 thanks
  #2 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,174 since Jan 2013
Thanks Given: 57,989
Thanks Received: 26,412

Edited thread title to remove all caps.

Use regular upper/lower case, it's easier on the eyes.

Thanks.

Bob.


When one door closes, another opens.
-- Cervantes, Don Quixote
Reply With Quote
Thanked by:




Last Updated on November 8, 2021


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts