hi felix as im new to forex factory i cant pm you for the skype group, so will continue to follow here. loving the clear no nonsense explanation of your trades. thanks
Dislikedhi felix as im new to forex factory i cant pm you for the skype group, so will continue to follow here. loving the clear no nonsense explanation of your trades. thanksIgnored
DislikedHi Felix, a question for you... Two pairs with pinbars for possible trades when market opens. I've marked off two support areas with blue lines on both charts. The upper support area is just below the pinbars on both pairs. The lower support areas would be the targets. So I should assume the upper support areas just below the pinbars would invalidate the trades, correct? {image} {image}Ignored
Disliked{quote} I don't think those are the right type of pinbars. The ones he has shown are reversals where as the ones you show would more likely be a continuation of the trend. Look at the EURGBP chart about 40% of the way through starting from the left. You will see a pinbar at the top of a move up followed by a couple red bars going down. That is the set up we are looking for.Ignored
Disliked{quote} I don't think those are the right type of pinbars. The ones he has shown are reversals where as the ones you show would more likely be a continuation of the trend. Look at the EURGBP chart about 40% of the way through starting from the left. You will see a pinbar at the top of a move up followed by a couple red bars going down. That is the set up we are looking for.Ignored
DislikedHi Felix, a question for you... Two pairs with pinbars for possible trades when market opens. I've marked off two support areas with blue lines on both charts. The upper support area is just below the pinbars on both pairs. The lower support areas would be the targets. So I should assume the upper support areas just below the pinbars would invalidate the trades, correct? {image} {image}Ignored
Disliked{quote} mhhhh.... till market reach my profit area. sometimes I cut the trade if I see its not moving more. Sometimes I got overnight positions but normally only if Im BE. I like to sleep without checking this market every 15min Lets start a skype group monday but I will continue posting here to give other traders the chance to join us. PM me who wanna joinIgnored
DislikedHi Felix, a question for you... Two pairs with pinbars for possible trades when market opens. I've marked off two support areas with blue lines on both charts. The upper support area is just below the pinbars on both pairs. The lower support areas would be the targets. So I should assume the upper support areas just below the pinbars would invalidate the trades, correct? {image} {image}Ignored
Disliked{quote} tks! need to solve this issue and also that of over trading anyway, is the pinbar more accurate as compared to engulfing or outside bar, inside bar, etc. ? or its due to a preference of trading pinbars only?Ignored
DislikedTrading in Daily timeframe only · Using Linecharts to identify Support & Resistance · Trading Pinbars only (Hammer, Morning-Star) · Do not use Indicators I will post some examples of trades-setups later. In average I take 2-3 trades per week. I got a hitrate of 95% <<< to be picky is the key.Ignored
Disliked{quote} Hi Felix, Sounds very similar to what I look for, but I am interested to know how you find 2-3 set ups per week using only pin bars? I'm lucky if I find 2-3 decent ones per month! With a hit rate of 95%, you must be very selective! Anyway, I'll be keeping an eye on this. Good luck with it!Ignored