Disliked{quote} What do you mean by trend failure? Anyway good luck for your position. Hope it survive the storm aheadIgnored
tradewith60
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Disliked{quote} What do you mean by trend failure? Anyway good luck for your position. Hope it survive the storm aheadIgnored
DislikedHi 60 ! Just starting going to the thread, but could not resist to enter 3 trades this morning: 1) EURJPY: entry on 15MTF after 2 candle engulf, following 4H engulf. Already out for at daily SR for 1:6 RR. {image} {image} 2) AUDUSD: entry on 15MTF after engulf following 4H 2 candle engulf. {image} {image} 3) GBPJPY: entry on 15MTF after 2 candle engulf following 4H engulf. SL set at BE targeting around 168.20 daily SR. {image} {image} 60minuteman, happy to have your feedback on these trades, particularly regarding SR and Targets. I bailed out on...Ignored
Disliked{quote} when price is making lower lows, lower highs and then makes a double bottom. On the higher TF this is usually an inside bar. These are good places to either manage your position or take SOME profit.... Not necessarily the end of the trend, but a price action indicator of weakening trend and momentum.Ignored
DislikedHello all and special to 60minuteman, 60 you posted some video's for instance in post 757. To my regret I found out they don't play anymore. The one mentioned stops after a minute. I don't know whether others encounter the same problem. If not, maybe someone could tell me what to do about it. Maybe you could have a look at this or repost them on youtube. Thanks. Also you said in one of them when talking about technical analysis: "support and resistance is pretty poor next to useless". Could you elaborate on this statement please? And do you think...Ignored
DislikedThanks again for this excellent thread 60minuteman Over the past 3 years I learned a lot about trading. My vision changed little by little and I see a convergence of our way of thinking. The over-valued view of drawing S&R (don't predict where price will go, just be in the market), the important of raw price action (just follow the price) etc .. Given all the elements, is there still the need for an higher time frame bias ? We don't know where price is going to go, we can only be in the market when it happens. Up, down, doesn't matter. Can we...Ignored
Disliked<p>{quote} Hi Armacom, welcome and thanks for a great question.Ignored
DislikedEURAUD long. Weekly still engulf north. Catch this sweet engulfing action on H1 bounce off D1 S/R. Enter on candle break. SL already at BE. Let's see if it survive tomorrow AUD news release. {image} {image}Ignored
Disliked{quote} Hi pipmunks, I really like your spots, you're doing great. But here I was missing your setup candle. Actually weekly candle engulfed short. Beside that you got nice spot on H1 bouncing from obvious D s/r anyway. This one has potential. Please keep it up Green pips, KapyIgnored