Hi Mike Thank you for your last reply. Do you know of an indicator that would text msgs to a smart phone on Pin Bar, Engulfing bar creation? I live in a horrible time zone for Forex, Pacific US.

Thanks for your reply Mike I completely understand your point of view and the reason for my question is because I am not able myself to put concrete rules on each trigger because of the uniqueness of each individual trade. But I still wanted to hear ...

Thanks Mike. lets assume everything is worked out and the only thing thats left is to add one more level of assurance by defining "proper" trigger signals. Just looking at triggers what would disqualify a pin bar and engulfing bar? I am trying to ...

Hi Mike I have a question if you see this message. Is there a way to filter price action triggers? For example to define what a "proper" Pin, engulfing bar "should" look like for better overall results. Can you suggest something or just give me your ...

I absolutely agree with the premisse of this thread. Supply and Demand, blah blah blah blah........ You never know which level will hold and which will break! For me if the trigger is not present I will not execute the trade, PERIOD. I found from ...

Thanks a lot Mike!

Hi Mike. If you see this can you give me a suggestion, Please. If you are taking price action triggers on hourly chart how do you handle news events? News can produce a false trigger and I am not sure what type of rule can be used to avoid as many ...

Forex Broker — I read many reviews for different brokers and not able to decide who to open an account with. Most of the reviews are terrible for every broker, can you guys recommend a broker, please.

[quote=joffie;5491440] That is a big question. I'll try to give you the gist of it. Weekly chart and Monthly chart: identify support and resistance levels. Place the lines on the daily chart to identify the weekly and monthly important levels. Wait ...

Personally I do not scalp, not my thing, don't need to.

From what I see 4hr pulled back to the first level of support and continued.

I would have not taken that trade under any circumstances because nowhere on the daily chart was an indication of the change in trend. Was it possible that you could have picked the top of this move? Could be, but I am not into guessing business. I ...

I don't put too much emphasis on any specific time frame. The longer the time frame the bigger the money trading it. if the signal is there on the longer time frame that corresponds with overall direction I am not going against it on the shorter ...

What system I trade? I don't know how to answer that question. I guess the way I would describe my system is discretionary Price Action off support and resistance in the overall daily direction with price action confirmation. I am a candle follower. ...

Why would you ever short A/U? I thought this thread was specifically designed to trade daily chart? Did you guys see what the weekly candle looks like or the last two days of price action on daily? Even if you would have made money on this trade it ...

I just noticed your thread and liked it right away when I saw you post that you live in my time zone and you have your alarm set for 1:50am and 5:50am because this is exactly how I live my life. I trade only price action myself since I do not see ...

I just noticed your thread and liked it right away when I saw you post that you live in my time zone and you have your alarm set for 1:50am and 5:50am because this is exactly how I live my life. I trade only price action myself since I do not see ...

Ultimately this profession does not depend on any system. PERIOD This is a skill in self control. No system is as valuable as ability to never do anything stupid and thats what takes 15000 hours. You can understand this anyway you want but this is ...

I don't post often but since I have been learning to trade for little over 3 years and eventually came up with my own price action trading style only to find out that there is James 16 I have been occasionally posting my thoughts on this thread. I ...

Prediction for Pound We close a candle at 6am London below 1.5560 its coming down to 5480ish. We close candle above 5560-70 Pound is headed to 5700ish.