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Intraday price action trend trading

As brief below
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Quoting Buildcity
As brief below
Nice charts Eric.

I've added a few of my observations to your GBPUSD chart.
Namely the S&R zone & fib level.

Rob
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Perfect

Quoting priceaction
Nice charts Eric.

I've added a few of my observations to your GBPUSD chart.
Namely the S&R zone & fib level.

Rob
Quoting priceaction
Nice charts Eric.

I've added a few of my observations to your GBPUSD chart.
Namely the S&R zone & fib level.

Rob
Let's see if that was a false breakout before GB news (supported at 61 fib and previous S&R)
... or whether we are REALLY heading down.
confirmity, false break

Quoting priceaction
Let's see if that was a false breakout before GB news (supported at 61 fib and previous S&R)
... or whether we are REALLY heading down.
Quoting priceaction
Let's see if that was a false breakout before GB news (supported at 61 fib and previous S&R)
... or whether we are REALLY heading down.
... we had the false breakout

Below are 2 charts.
I went long off the 15 min bar as shown. It's not a perfect outside bar but it was good enough bullish price action for me as I was on my guard for a false breakout and it was possible that the 61fib was supporting price along with previous S&R shown in the pink zone (on the 4hr chart).

I took my chance and have just closed the trade for 73 pips.

Interestingly, on my charts, there had already been 2 x 4hr pins formed on the 8am (CET) bar so far this week. So I was on my guard for another false break-down.

I'll wait for a pullback.

Rob
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nice work Rob, I just completed my long trades after the pull back of EJ & GU(2 times on GU, 1 for EJ), good profit (15 on EJ, 26 on GU) for a liittle thief!!

But you have 73p

Quoting priceaction
... we had the false breakout


I took my chance and have just closed the trade for 73 pips.

Rob
Quoting Buildcity
nice work Rob, I just completed my long trades after the pull back of EJ & GU(2 times on GU, 1 for EJ), good profit (15 on EJ, 26 on GU) for a liittle thief!!

But you have 73p
When I look back and see what happened between now and then, I can see that I had no reason to exit the trade so early, when looking at the charts Sho posted this week.

We live and learn
Quoting priceaction
... we had the false breakout

Below are 2 charts.
I went long off the 15 min bar as shown. It's not a perfect outside bar but it was good enough bullish price action for me as I was on my guard for a false breakout and it was possible that the 61fib was supporting price along with previous S&R shown in the pink zone (on the 4hr chart).

I took my chance and have just closed the trade for 73 pips.

Interestingly, on my charts, there had already been 2 x 4hr pins formed on the 8am (CET) bar so far this week. So I was on my guard for another...
Hi Rob,
Just my view,your entry to me was to risky.I mean:
-momentum on TF15min is down
-above not best OBUB is resistance and TL
For me signal bar was IB closed below resistance and that was about 50%fib retr.move and I 'll enter @break him to go short.
Also momentum on TF 4hr,was to me down.
Anyway u were right.
Maybe I just somenthing missing as I am at work so I only see your chart here.
With regards
FX
Quoting Fxfighter
Hi Rob,
Just my view,your entry to me was to risky.I mean:
-momentum on TF15min is down
-above not best OBUB is resistance and TL
For me signal bar was IB closed below resistance and that was about 50%fib retr.move and I 'll enter @break him to go short.
Also momentum on TF 4hr,was to me down.
Anyway u were right.
Maybe I just somenthing missing as I am at work so I only see your chart here.
With regards
FX
Fxfighter,

We are all different traders and we trade according to our personalities and what we can see. The only important thing common for all of us is that we are consistent winners.

All the best with the remainder of the day guys. I have to go out so will let my current long go with a trailing stop.

Rob
Quoting priceaction
Fxfighter,

We are all different traders and we trade according to our personalities and what we can see. The only important thing common for all of us is that we are consistent winners.

All the best with the remainder of the day guys. I have to go out so will let my current long go with a trailing stop.

Rob
Absolutely Rob and thanks for your posts.
Rob,
If you can only watch the thread, then this is for you (as at 1638 London). With gift on H1 & H4 as well

City
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Quoting Fxfighter
Hi Rob,
Just my view,your entry to me was to risky.I mean:
-momentum on TF15min is down
-above not best OBUB is resistance and TL
For me signal bar was IB closed below resistance and that was about 50%fib retr.move and I 'll enter @break him to go short.
Also momentum on TF 4hr,was to me down.
Anyway u were right.
Maybe I just somenthing missing as I am at work so I only see your chart here.
With regards
FX
part of our zone attack.we allways in attacking position.
only stop is for defence.
the more you can attack more you will get.
but play safe. do that only when market is week to follow what you say.(we know market is allways right thats why we do use stop)
good view from you.
hey sho, would you consider this a+ setup?


thanks in advance!



edit: stopped out while writing
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Quoting xeqter
hey sho, would you consider this a+ setup?


thanks in advance!



edit: stopped out while writing
yes it is.look for next one.just part of the bussiness.
keep loving small loss.
soon show you another technich with our zone attack
Quoting xeqter
hey sho, would you consider this a+ setup?


thanks in advance!



edit: stopped out while writing
I would go for short too after the last pin, remember what Sho said before, if the setup is right for us, then go for it!!

Cheers
City
Quoting Buildcity
Rob,
If you can only watch the thread, then this is for you (as at 1638 London). With gift on H1 & H4 as well

City
Hey thanks Eric I appreciate that.
I went out, and after 4hrs came home to price is in the same place!

Thanks again for the PMs my friend!

Rob
here's the next one on ej..beautiful location ( dpv, rn, 50 fib, emas and even rsi div)

sure thing: i did not take this one
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I took long trade after last bearish move finished. It should've been impulsive, but turned into corrective. Entered after first green bar, but waited a bit for retracement.

Price acted exactly as I expected. Closed with 20pips profit, now it rocketed!

Master Sho or anyone, do you think my reasoning was correct?

Peter
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Quoting faithno
I took long trade after last bearish move finished. It should've been impulsive, but turned into corrective. Entered after first green bar, but waited a bit for retracement.

Price acted exactly as I expected. Closed with 20pips profit, now it rocketed!

Master Sho or anyone, do you think my reasoning was correct?

Peter
Hi Peter, for me its a good one

i had a short this morning, closed with 10 pips profit when price stalled so long and could not make a lower low
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