DislikedBig difference with the Cad and Eur/Cad my friend when it come to location (swing High) and other confluences (fib retracment.) I'll let the charts speak for themselves.Ignored
Thanks for the help!
jim
"Luck favors the prepared mind"
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedBig difference with the Cad and Eur/Cad my friend when it come to location (swing High) and other confluences (fib retracment.) I'll let the charts speak for themselves.Ignored
DislikedIt might fall like a rock....
It's all in your mind, it's all in your mind....lol
(there is a good reason for having Haliaeetus albicilla in my avatar)
Why do you think 97% of people lose all their money, because they don't know what they doing?
NO, it's because they have weak brains (psyche)....
Meditate, meditate, meditate.... I know for the guy your age is the last thing you want to hear....
I also know that majority of folks reading this won't believe me either. Fortunately,...Ignored
DislikedRead the second book from my profile page at least once a month for the next 3 months (just like your demo acc). That'd be the first step...Ignored
DislikedI am sorry to ask questions like this or might be i have missed the important thing...but acatually i don't understand what is BE+1 means..as what i thought it should be i should always move stoploss to BE + 1pip above/below?
Thank you for your instruction
forexngoIgnored
DislikedI've just ordered a copy from Amazon - £1.15! I've not heard of Guy Finlay before, but it sounds really interesting... Thanks RacIgnored
DislikedWhile we're talking about consciousness, this here is the definitive book on the subject, you could even say the entire Buddhist canon is based on this text, Buddha thought out the Abhidhamma after gaining enlightenment, but only taught it to the gods...
The Matrix of Illusion (10 minute video on the nature of consciousness)...Ignored
DislikedYes, keep going Krue!
I have to explain why I do feel unhappy about 99pps.
The problem is that I had very well established TP line, and if I did not get scared I would get my 130pps - what I planned, because the price went exactly where it shuld. I am too greed or too ...You know,
thats why I do not feel good with that trade.
I am really thankful for the ammount of pips and profit it's self.
PeterIgnored
DislikedGreat Post Jarroo! This is going into my notes. Just a quick question for anyone out there. When you say the USD/CAD was at a swing high, are you refering to the swing high to the left of the PB or are you saying that the PB was the swing High? This is something I have been trying to clarify for myself the past few weeks.
Thanks for the help!
jimIgnored
DislikedDifference is in the result. If both are positive , both would be nice trades to take. As EURCAD was not, I see that we can always find reasons why the setup was not so good to take. After the fact of course.
Thank you for your opinion.Ignored
DislikedExcellent Exit Strategy and explanation Jduester, and of course, very nice trade. I only have one question:
Why did you choose 1.1910 as your final TP (TP3)?
I´m just curious because in your chart you have well defined 1.2000 as a strong PPZ.
Thanks in advanceIgnored
Dislikedthe difference between us and them - freedom and early retirement are on our minds freedom from the day to day workings of life in the employment game and knowlegde that if we get this right we can retire early and play the game called forex forever (at least until our minds reach there pivot point and go flip side on us)
many people i talk to can't be bothered with the study - they want life quick and easy - yet the bilk of there life is taken up by work, strange way to think if you ask meIgnored
DislikedYeah, that's part of this strategy that I"m not fully happy with.... Currently, I take the final 1/3 of the trade off at 2R:R... so if risk is 200 pip, final profit target is 400pips... 1.2310-0.4000=1.1910... I'll be watching it at 1.20 and will see if I need to break my rule... which I haven't done yet... which I will not do this time either..., BUT I will record the action if it doesn't eventually come down to hit my 1.1910...
I did forget to say that I will take a trade long (and so close the remaining short) at 1.20 IF PA and space allows...
I'm...Ignored
DislikedMike even if EURCAD PIN was not at the swing high it was at strong PPZ level. It definitely was not blind entry in the middle of nowhere (as I see it).
Meanwhile , USDCAD was heading into minor PPZ at 1.2300, so no go for me.Ignored