actually this is a great idea......... lol
after making the adjustment I'll be like James modifie avatar
I'll upload the new NACHO in a moment
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHaven't talked about the weekly pin on GBPUSD, so I was wondering where everyone was in it (to those that took it of course). I got stopped out for a whopping 12 pips today after being up over 200 at one point. Since I'm still trying to figure out the 'take profit' side of this, should I have moved my stop up even further to get more pips, or did I do the right thing in leaving it around B/E until the weekly bar closed? I couldn't even really use the two-bar stop method on this one, since there wasn't enough bars yet (on the daily). Should I have...Ignored
DislikedHaven't talked about the weekly pin on GBPUSD, so I was wondering where everyone was in it (to those that took it of course). I got stopped out for a whopping 12 pips today after being up over 200 at one point. Since I'm still trying to figure out the 'take profit' side of this, should I have moved my stop up even further to get more pips, or did I do the right thing in leaving it around B/E until the weekly bar closed? I couldn't even really use the two-bar stop method on this one, since there wasn't enough bars yet (on the daily). Should I have...Ignored
DislikedHaven't talked about the weekly pin on GBPUSD, so I was wondering where everyone was in it (to those that took it of course). I got stopped out for a whopping 12 pips today after being up over 200 at one point. Since I'm still trying to figure out the 'take profit' side of this, should I have moved my stop up even further to get more pips, or did I do the right thing in leaving it around B/E until the weekly bar closed? I couldn't even really use the two-bar stop method on this one, since there wasn't enough bars yet (on the daily). Should I have...Ignored
Dislikedactually this is a great idea......... lol
after making the adjustment I'll be like James modifie avatar
I'll upload the new NACHO in a momentIgnored
DislikedHaven't talked about the weekly pin on GBPUSD, so I was wondering where everyone was in it (to those that took it of course). I got stopped out for a whopping 12 pips today after being up over 200 at one point. Since I'm still trying to figure out the 'take profit' side of this, should I have moved my stop up even further to get more pips, or did I do the right thing in leaving it around B/E until the weekly bar closed? I couldn't even really use the two-bar stop method on this one, since there wasn't enough bars yet (on the daily). Should I have...Ignored
DislikedBen
PS - Mike, please correct me if I'm wrong about your exit method.Ignored
DislikedSalisa, I am still in the USD CAD trade. I have taken a more liberal approach with a full bar stop. You could have gotten out with 55 pips max but it has bounced very hard off of 1.09 and i'm staying in this one for a while longer at least.
Silver gave a nice trade today. Seems to be sticking around the 15.000 mark, give it some room and hope we continue.Ignored
Dislikedghous,
Would you take a IPB so late in the day? Just wanted to check.Ignored
DislikedThanks Bundyraider,
Saw your PM read through it once but have not gone through it in detail which it truely deserves.
Will let you know if I have any questions
But GBPCHF have reversed on me. have not taken out my stop yet. The congestion area proofs to be the trouble area and it reversed around that area.
Is there anything else I am missing in my analysis of the entry and management?Ignored
DislikedMainly the lesson on how picky you have to be...
You identified there was congestion there. Yet traded into it....Ignored