DislikedA pity so many resistances below daily nzdusd, and against the trend...Ignored
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedA pity so many resistances below daily nzdusd, and against the trend...Ignored
DislikedFor the last 14 months the trend on this pair has been bearish. Looking for a short position would be going with the trendIgnored
DislikedPrice reacted as we would reasonably expect at my main TP area.Ignored
Dislikedjaroo thanx, this is exactly the info i was looking for,
it was a good eye opener to see your stop so far away!! i think this has been the predominent issue for me... i studied charts for a long time on the 15min tf. its not so easy watching price move 200 pips against you eh !!?? im gonna follow your example with my gb/chf trade. i now have profits banked of course and i am comfortable with the size of the possition i have running....
i tend to see floating profits as profit lost if price goes against me. i think this is probably...Ignored
DislikedFor the last 14 months the trend on this pair has been bearish. Looking for a short position would be going with the trendIgnored
DislikedEURAUD strong break of Pin bar. Stop at BE. Will see how this one runs.Ignored
DislikedJim,
Are you as excited about the retest of 121.55 from below in the Bund as I am?
-WizIgnored
DislikedWhich Jim are you referring too mr. wizard?
It must be the big guy, I think.Ignored
DislikedI have no idea why anyone would move their stop to BE so quickly. In my opinion, this is a total reciple for disaster...but each to their own...all the best with the trade.Ignored
DislikedIt has a lot to do with your account size. Have you read Jim's latest post? Its a good one, as always.
http://www.forexfactory.com/showpost...ostcount=29519Ignored
DislikedI have no idea why anyone would move their stop to BE so quickly. In my opinion, this is a total reciple for disaster...but each to their own...all the best with the trade.Ignored
DislikedWhat's the reason for moving to break even now on EUR/AUD? The first real resistance is around 1800?Ignored
DislikedIt has a lot to do with your account size. Have you read Jim's latest post? Its a good one, as always.
http://www.forexfactory.com/showpost...ostcount=29519Ignored
DislikedIf a trade reaches the first PPZ and then falls back through my entry, I set the stop to B/E when it reaches that PPZ the second time... no sense in letting a strong PPZ reject price and give me a full loser... Once price hits my first TP, I move my stops accordingly s/t the trade overall is at worst a B/E.
(So, currently the whole trade is S/L = Entry....Ignored