Got this one too. Short from 1.2620 on break of my daily pinbar. Using 1:1 on 1/2 of position for first target at 1.2470. Remainder to run with stop to B/E.
Will be watching PA at 1.25.
Josh
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedDon't put yourself down my friend, you are going to need belief and confidence in yourself when the market tries to bite you in the ass, trading will test you in ways that the majority of people walking down the street will never be tested, and furthermore do not want to be tested. Your words betray your uncertainty . . . Be steadfast, for this market is a destroyer of uncertainty.
In life, I have seen people turn their lives around instantly and go from plodding along in an unremarkable fashion to conquering certain things with a zealot like...Ignored
DislikedYou guys know if its possible to filter for these type of setups? I don't know anything about programming so I have no idea, but my bro does that kind of stuff for a living, so I'm wondering if I could get him to figure it out.
Obviously you'd want to look further into each set up, and not just trade it, but it would be nice to have a filter. I've been looking hard tonight trying to find a good setup, didn't even see the one you guys found.
edit: very nice tradeIgnored
DislikedYou guys know if its possible to filter for these type of setups? I don't know anything about programming so I have no idea, but my bro does that kind of stuff for a living, so I'm wondering if I could get him to figure it out.
Obviously you'd want to look further into each set up, and not just trade it, but it would be nice to have a filter. I've been looking hard tonight trying to find a good setup, didn't even see the one you guys found.
edit: very nice tradeIgnored
DislikedYou guys know if its possible to filter for these type of setups? I don't know anything about programming so I have no idea, but my bro does that kind of stuff for a living, so I'm wondering if I could get him to figure it out.
Obviously you'd want to look further into each set up, and not just trade it, but it would be nice to have a filter. I've been looking hard tonight trying to find a good setup, didn't even see the one you guys found.
edit: very nice tradeIgnored
DislikedHi Jlr
This is what i have set on my MT4 - however i do use it less and less now. The reason i had it initially as i couldn't have MT4 at work,nor could i have charts open all day long - so i had the indicator running on my home pc emailing me at work if there was a potential setup for me to check.
As ghous points out though there is no substitute for the naked eye and even if i got an alert i would then have to use my own discretion as to whether it was a good trade or not. ie did it line up with my already drawn pivot zones. (don't try to fit...Ignored
DislikedEURAUD - 4hr breakout - I think Jim mentioned earlier in the week that this was winding up tighter and tighter. already taken 100pip profit and at BE for rest
GBPCHF - 4hr breakout - taken some profit and at BE
CADJPY - daily IB - taken some profit and at BE
CHFJPY - daily IB from yesterday taken some profit and at BE
also in USDJPY - daily IB which is struggling but is a daily trade so will play it that way.Ignored
Dislikedcant see clear signal, my trading mate and I jumped in a scalp trade and lost
so I closed the charts, and switch to study modelIgnored
DislikedNice to see you extract some humour out of that one Roo... on demo eh? Or else you have a huge heartIgnored
DislikedOh Common Jig, a SAW fan just has to love the 4th part, it's amazing how they were able to take it forward after the first part, yes a bit unrealistic but great as "popcorn fun" (oh...unless you hate to eat something when you've seen a man's been shredded to pieces )Ignored
Dislikedhttp://pictures.pichaus.com/fe25b81a...949gPyCOquA%3D
"popcorn fun"
They are all good, but they are getting worse as they go on you must admit, I remember after seeing the twist at the end of the first one I was just like "O . . .M . . . G . . . "
Most people are so ungrateful to be alive, but not you, not any more...
Just like I say in forex, "I have never eaten anyones stops, they were the...Ignored
DislikedMissed this post earlier , Bars set to GMT ? Jigsaw also likes
Thanks for the heads up brah,
-JigIgnored
Dislikedyes, 1hr tf is the scalping to me. Yes, still on demo. I have my scalping size, 4hr trading size and daily trading size.
Honestly, the jumping in trade...of cousre off the road of patience, makes me very upset. so best to close the chart and studying the thread
keep telling myself to calm down...it's hardIgnored
DislikedNice Trades Simon your Journal should be doing good.
On a side note I was watching the daily IB on the Uj too, but passed on because I didn't find much space for the trade to flourish in, I am very picky about space specially when on the daily. there were quite a few bar lows right beside the IB which made it vulnerable to strong support.
Best of luck anyways Bro...
Regards,
Ghous.Ignored