[mathew.luk]

Hi Everyone!!

Read many threads but this is my first thread in Traders Laboratory.

I have been trading for about 9 years in shares. Currently looking for a trading buddy/mentor with similar experience or market understanding and commitment to improve trading, so we can share and learn from each other. (Please refer to my profile for details my trading style).

I live in Sydney and love the opportunity to meet similar minds in person or via email/skype.

Cheers

[manohar]

Multiple Time Frame Price Action - Provides powerful reversal trade set-ups that are high probability and low stop loss risk entries.The Multiple Time Frame Price Action Indicator is the key to powerful reversal trade set-ups. These trades have a high reward probability while using a low stop-loss risk. You may have heard you cannot pick market tops and bottoms. If you are trying to pick market tops and bottoms by looking at a one single time frame chart this would be true. But if you are using the Multiple Time Frame (MTF) Price Action Indicator you can find and make these powerful reversal trades.

(Moderator: Promotional URL Removed - TL cannot be used for advertising in posts)

[mathew.luk]

Manohar,

Dude, no offense. I might post in the beginner's forum. Doesn't mean I am a newbie...

Focus on trading bottom & tops???... well surprise surprise, I got a tip for you, learn to read bar chart and understand price action...

I got books about chart patterns and stats about them. I don't really use them anymore but if you truly understand probability in trading you wouldn't just limit yourself to a few patterns.

You don't need to mess around with Multi Time Frame to trade a stock or future profitably .... you can do just fine looking at ONE time frame, providing you have a sound technique.

Best of luck with your trade

[SIUYA]

a friend of mine does this which you might like to read as its the same time zone, same markets.
Trading diary of a late riser

He does not wish to talk to anyone and he blogs for his own peace of mind, but it is a good read.

[mathew.luk]

Thanks Siuya!

Read through quite a bit of his blog just now, definitely a worthwhile blog!!

Your friend is very familiar with chart pattern trade setups. Looks like he is very consistent with his entry and stops. Good for him!!

Cheers

[TheRumpledOne]

I have a FREE PalTalk chat room called the TWO PERCENT CLUB.

You are more than welcome to join us there.

It is open when forex is open unless the servers are down.

[TheRumpledOne]

Originally Posted by manohar »

multiple time frame price action - provides powerful reversal trade set-ups that are high probability and low stop loss risk entries.the multiple time frame price action indicator is the key to powerful reversal trade set-ups. These trades have a high reward probability while using a low stop-loss risk. You may have heard you cannot pick market tops and bottoms. If you are trying to pick market tops and bottoms by looking at a one single time frame chart this would be true. But if you are using the multiple time frame (mtf) price action indicator you can find and make these powerful reversal trades.

(moderator: Promotional url removed - tl cannot be used for advertising in posts)

price is the same on all time frames!

[renvik]

Only PRICE Pays! Eat, drink, sleep this mantra.