AUD/JPY Weekly
Looking at long ideas into the 9500 level.
K.I.S.S.
Looking at long ideas into the 9500 level.
K.I.S.S.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedWould you please look this trade and tell me... Was it a bad trade or a good trade that just did not work? Attached pictures before and after... Reason for this trade A bearish pinbar, touched a key support/resistance (although not big round number), in line with the recent trend. I placed a sell stop entry 10 pips below the low of the bar. And a stop loss order a few pips above the high. Result A full bar loss. It was just a few microlots, but this was a loss that made me feel like an idiot. Ever felt like that? I shorted the bottom tick of the...Ignored
Disliked{quote} In my view it is not a Pin bar. it is more like a Doji( indecision) candleIgnored
Disliked{quote} Hey albus, Could you post a daily chart that is zoomed out a little more but not all the way out. I cant get this chart up on my feed. Take care DanIgnored
DislikedWould you please look this trade and tell me... Was it a bad trade or a good trade that just did not work? Attached pictures before and after... Reason for this trade A bearish pinbar, touched a key support/resistance (although not big round number), in line with the recent trend. I placed a sell stop entry 10 pips below the low of the bar. And a stop loss order a few pips above the high. Result A full bar loss. It was just a few microlots, but this was a loss that made me feel like an idiot. Ever felt like that? I shorted the bottom tick of the...Ignored
DislikedHi again. I've read on the previous page great advices for new traders. Now it's about seven months that I begun with all this stuff, looking for which security types could be suited for retail investors; how they worked, etc. I begun with value investment books (useless) and finally technical books on all aspects of trading charts. I think it's been over three months that I discovered Mr Price Action and have been demoing, studying more, I've been on the P. forum (great) and always demoing. So, my advice for new traders is, as mentioned, not giving...Ignored
Disliked{quote} Great advice Scherzi I think it's always a great help too new traders to hear simple things like this repeated. Their simply are no shortcuts and it takes time. Have to keep that mentality that you are in it for the long haul, couldn't agree more Spent the weekend at a log cabin for my bday. Great way to escape city life {image}Ignored
Disliked{quote} Spent the weekend at a log cabin for my bday. Great way to escape city life {image}Ignored
DislikedAUD/JPY Weekly Looking at long ideas into the 9500 level. K.I.S.S. {image}Ignored
Disliked... trade end-of-day the D1 bars, price action at key levels (i.e. stick to james16 - inspired method) -Ignored
Disliked{quote} HELLO ! I hope that my contribution is appreciated. looking at the price, I see more 'a bearish situation, under the brn and the important level. surely we have a congestion between two important levels.= 90 brn and 95! {image}Ignored
DislikedThanks a lot albus999... now I see that. I traded into a hurdle PPZ support, looks like. And indeed, it looked like a pin when I placed my order and went to bed, but when it closed an hour later, it looked like a doji. Still, there was a H4 pin anyway. But yes, got the point, it wasn't an A-trade. That may be my biggest challenge... I can only trade end-of-day, I can spend 1-2 hours looking at the markets, evening in Europe... so I can trade D1 bars only... and the really A+ setups there may be just 2-4 per month... how many years will it take me...Ignored