i got in on the 1h TF hwich gave a BEOB. i entered on the retrace. i have just moved my stop to be in case that round number holds out.the possition is too small to take partial profit.
PATIENCE... DISCIPLINE
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI had a limit sell in for what I thought was 1 lot.... I accidently a zero on the end of that... When I walked back to my computer my set draw down and stop loss was almost hit at and instead of 2%.... 20% of my account was almost gone.... Trade started to go my way, and I got out at BE as fast as possible.....Ignored
Dislikedhi pipmyride, i have a pin bar also and i liked the trade.i think there is often some follow through to moves like this after news.
i got in on the 1h TF hwich gave a BEOB. i entered on the retrace. i have just moved my stop to be in case that round number holds out.the possition is too small to take partial profit.Ignored
DislikedHi. I shorted the pinbar on G/U Daily last week (pin no.1), breakout pattern + round number. My target is around 1.5500 since this is a breakout trade. The original stoploss was placed above the pin. Yesterday another pinbar was formed, and I move my stoploss above it (pin no.2).
Today after my stoploss was hit the price shoot down. I wonder if my trade management was inappropriate? Please give me some comment. How would you manage it if you were in this trade. Thank you.Ignored
DislikedYep - with you on those thoughts - its also nice to see the following building on the daily (albeit a looooong way to go i know)Ignored
DislikedHi. I shorted the pinbar on G/U Daily last week (pin no.1), ... My target is around 1.5500 since this is a breakout trade. The original stoploss was placed above the pin. Yesterday another pinbar was formed, and I move my stoploss above it (pin no.2).
Today after my stoploss was hit the price shoot down. I wonder if my trade management was inappropriate? Please give me some comment.....Ignored
Dislikedhi SupremeC,(dont u ever sleep??) yep i should have taken more notice of that flag/channel break but the problem for me was the boundary lines were untested and rather messy to take as a trade. ...Ignored
DislikedHi. I shorted the pinbar on G/U Daily last week (pin no.1), breakout pattern + round number. My target is around 1.5500 since this is a breakout trade. The original stoploss was placed above the pin. Yesterday another pinbar was formed, and I move my stoploss above it (pin no.2).
Today after my stoploss was hit the price shoot down. I wonder if my trade management was inappropriate? Please give me some comment. How would you manage it if you were in this trade. Thank you.Ignored
DislikedHi. I shorted the pinbar on G/U Daily last week (pin no.1), breakout pattern + round number. My target is around 1.5500 since this is a breakout trade. The original stoploss was placed above the pin. Yesterday another pinbar was formed, and I move my stoploss above it (pin no.2).
Today after my stoploss was hit the price shoot down. I wonder if my trade management was inappropriate? Please give me some comment. How would you manage it if you were in this trade. Thank you.Ignored
Dislikedmost of us (not everybody) from the pf, who know the material would be out (or at least book some profit) when cable hit blue rectangle around 1.58 area.
Those who didn't, would've had stop set @ BE+some at that point.
Until trading conditions return to 'normal', it's safer to trade TPs and reload after retrace, rather than trade and hold..Ignored
Dislikedmike, no guarantee that 'normal' will return, will it? this might become 'normal' ?Ignored
DislikedSlow day??
Hey , can anyone please tell me when daylight savings ends in the U.S.?Ignored