Price Action Kewltech Style
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Price Action Kewltech Style


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Created September 11th 2015 by TheTradeSlinger
Updated February 14th 2020 by Eug911
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Price Action Kewltech Style

  #321 (permalink)
London, United Kingdom
 
 
Posts: 29 since Apr 2012
Thanks: 3 given, 16 received


Big Mike View Post
It isn't/wasn't


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So I assume it was someone else who had already posted in this thread and created a new username?

That is a shame

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  #322 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
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Yes, @mehmeh after being confronted for violating our rules, he went and did so even more. This kinda of stuff happens in other places and runs rampant, but not here.
timmymagic07 View Post
So I assume it was someone else who had already posted in this thread and created a new username?

That is a shame

Sent using the futures.io mobile app

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  #323 (permalink)
columbus, ohio
 
 
Posts: 6 since Feb 2020
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In my experience and opinion, kewltech was a place to familiarize yourself with price action. It is not a strategy but opens the door and gives you some tools to create your own strategy. The multiple concepts within the blog are just that, Concepts. Which would be up to us to study and implement them into your own strat if one chooses to do so. Concepts such as divergances with the macd /rsi or the concept of what momentum slowing down looks like on a bare chart or placing horizontal levels at the hloc's of the higher timeframes, wkly+monthly and looking at the lower timeframes around those levels for setups to trade off of. The concepts are there but it is upon yourself to figure out what works for you. People get confused when reading it and words such as legs or trend or momentum / progression . I did...so use words that make sense to you when reading it.
Leg - up or down move.
Leg start- structure prior to a high or structure prior to a low.
Progression- how a larger timeframe candle is formed.
Trend- higher timeframe is moving up or down. Candles within candles creating a larger timeframe candle.
Momentum- price slowing down , starting to move sideways.

Spent years thinking there were hidden gems within the blog, but really I already knew what I needed to know, it's when I second guessed myself and had others try and help me is when I would get lost and confused. Take the info in and make your own way.
Stay away from others trying to show you their way unless a trading buddy. Such as explaining your strat to help you internalize the info better. Not to teach them but to teach yourself. Hope maybe some of that helps. GL!

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  #324 (permalink)
Thailand
 
 
Posts: 42 since Feb 2017
Thanks: 10 given, 15 received

To me the 1st touch concept and the idea of exhausting / testing is also something huge that i learned from the blog and did not know from anywhere else.

Really thanks for the people who posted that blog up years ago, without it I would be chasing price around on a 5 min chart like most others.

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