Thank you ChilledT for the response. So far I have just been canceling the order after price does not fill my order and predefined profit target was hit.

Thank you so much for responding to me KodakPip, I have a question for you. Your opinion please. 1. If a trader enter a trade with a predefined Stop loss (risk) and reward (profit target), should the trade continue to assess the risk and reward ...

Anyone interesting in letting me know if I have an edge? I believe I do. My concern is I trade intraday and all my trades have stop losses bigger than my profit target. Call it scalping or whatever, it is showing to make money over 450 trades.

DonPato, I really appreciate your response regarding trendlines. Thank you

Thank you TeenyTrader, I am having the same challenege with trendlines when I am intraday trading. A setup can look good, until I draw a trendline and it confusing me a bit. But I am enjoying the answers here and I really appreciate everyone ...

Thank you so much Darastonius, I appreciate your logical explanation. I am just learning to things that make logically and obvious sense. Yes, it is confusing at times, as I trade the 5 minute chart daily and I need more practice theory learning. ...

Thank you Erebus for responding. No, i have not took the free course on babypips.com. Thanks for your help. I mean continue from just reading Price Action learning online and trading whatever I see on the charts with pivot points. I have not studied ...

Thank you so much genghistar, I am trying to learn to be price action trader as well.

Thank you Swisse for your explanation

Hello kinspk, Thanks for the response. Can you give an example or meaning of short consolidation zone? Thanks

Thanks Winston Reed, I am somewhat in agreement with you. In your opinion, mastering reading the price action regardless of timeframe should show where the buyers and sellers are planning to enter the market, and from that we should be able to make ...

Thank you amri.rudi for the response. I am only using the 3 minute time frame to trade and I have been heavily considering moving up to higher time frame like the 15 min or even daily to observe and read the chart better. What time frame are you ...

Thank you Winston Reed for the example. Had I taken that short, I would lose the money. Better to wait and observe price action.

Thanks Winston Reed, What do you mean by " take out stops . " What is the purpose of taking out stops?

Thank you Zakattack for the response, I agree with this as it is more logical and sort of like a reversal trade at break out level.

Thanks Winston Reed, I like your quoted response. A very bad habit I was doing on breakout is 1: Just buy the break out on next candle or 2. Set limit buy/sell limit order near breakout level just HOPE price continues in favor. But there is no hope ...

Thank you so much TeenyTrader for responding. I like your response and it make logical sense. You answered correctly, I just have to let my win-to-loss ratio and profitability stats answer the question for me. I agree with you, there is no right or ...