if so glad to have you around mate, i learned tons from you before i even got to this thread.
stick around your posts will be welcomed.
cheers
jon
PATIENCE... DISCIPLINE
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI'm sure once my per pip amount changes to $150 or $200 a pip, my long term strategy will change some what. lololol.
I will look to add to a postion if a PA setup presents itself. Meaning if I take a PB and it goes to the moon then retraces and another PB shows itself in the same direction with my initial postion . . oh yeah, I'll add to it.Ignored
Dislikedlol, thanx.
shouldnt we aspire to a mind set were the numbers dont matter?? lol
.. i remember saying this to myself before i opened a real account!! hehe
ill say no more..$150 per pip.....i get butterflies just saying it!!..lol
EDIT still in the gb/chf!!, still at BE!!!. if price drops today again i will lock in about 50 pips and hide my stop behind .6800 - .6850Ignored
DislikedHi,
Came across this thread recently and have been going through from the beginning to learn this business. My results have been inconsistant to date but by moving to the longer timeframes and using the principles discussed here I aim to improve.
Saw a pin on the 4 hr Eur/Gbp at 17:00 BST yesterday and set an order to open 10 pips below the low of the pin. The pin was at the 200 MA (orange line) and a 76% retracement level. Unfortunately this trade has been stopped out as my stop was just north of the left hand eye.
Was this a valid set-up...Ignored
DislikedVery nice g_j_ on the gb/chf. I like the .6800-50 level that Pinish bar could break and that would signal me to close my remaining position. If it breaks that Pinish bar the other way, we're talking some nice room to run.Ignored
DislikedHi,
Came across this thread recently and have been going through from the beginning to learn this business. My results have been inconsistant to date but by moving to the longer timeframes and using the principles discussed here I aim to improve.
Saw a pin on the 4 hr Eur/Gbp at 17:00 BST yesterday and set an order to open 10 pips below the low of the pin. The pin was at the 200 MA (orange line) and a 76% retracement level. Unfortunately this trade has been stopped out as my stop was just north of the left hand eye.
Was this a valid set-up...Ignored
DislikedHi Jarroo,
Just interested in your targets for the kiwi trade, Looks a bit messy to the left
Any thoughts?Ignored
DislikedHi Jarroo,
Just interested in your targets for the kiwi trade, Looks a bit messy to the left
Any thoughts?Ignored
Disliked.
i was worried a little about that bar.it looks supisiously like a 123 bottom on the 1h chart also.
still, its running right into support and the 365 ema so....??
jonIgnored
DislikedEUR/AUD retraced back down to nearly 1.7800, still in this trade but moved my stop to just below 1.7800, wonder if will attempt to break through 1.7940 again?Ignored
DislikedNow watch it drop through the floor. Just kidding g_j_ lol.
Once you got the bulk of you position in the bank and your not going to lose anything of that last small position, why not learn some long term trading. Its a good exercise in my book.
Well done g_j_ .Ignored
Dislikedim still in this pair. i took a 3 hour pin bar shown on oandas platform amd was stopped out by the spike above 9000. my own falt for having such a tight stop.im now short again from 8960 with my stop at BE ( im not prepared to give this pair anymore money today!!)
jonIgnored