DislikedAlright here's the link from "Show your workstation" in the Member's Lounge.
http://www.forexfactory.com/showpost...&postcount=356Ignored
I believe . . .
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedAlright here's the link from "Show your workstation" in the Member's Lounge.
http://www.forexfactory.com/showpost...&postcount=356Ignored
DislikedAlright here's the link from "Show your workstation" in the Member's Lounge.
http://www.forexfactory.com/showpost...&postcount=356Ignored
QuoteDisliked...Hope no one declares bankruptcy next week...
Dislikedjarroo,
as always, u are being generous, even in finding our way through FF threads.
But seriously let's tone it down as due respect for fellow women traders among us. . that was a rated-R post.Ignored
DislikedDropping down from, say, the Daily to the 8 hour or 4 hour is not so bad when looking for short term targets. But from the Weekly to the 4 hour is a big difference.
For an extreme example, say you took a high quality Bearish PB on the Daily and you see a Bullish A+ PB on the 15 min, would that cause you to exit the trade? No, even if it broke hard and ran because that 15 min Bullish PB may have a short life and then continue back down with the Bearish Daily PB.
Let me know if I'm making sense. lol
JimIgnored
DislikedHey Ikki,
So how's it goin'? You're still working with the touch entry stuff right?Ignored
DislikedFortunately, you and I still have that USDCAD train as our mode of transportation!!Ignored
DislikedThanks Jarroo!
That post was a re-entry after pulling out of a trade because I originally entered but didn't understand the context of the PA withing its surroundings (PPZ's/ round numbers, etc).
A few weeks ago I always considered entering and managing trades similar to your above method, but recently I've been shorting at the break of the daily, and trailing my stops at lower and lower "swing highs" on lower time frames (not PA based).
Your idea of stepping down one timeframe (or half the original timeframe) to enter and manage trades...Ignored
Dislikedhi Alexandra, was wondering what trigger you used and when you first got on board?? i seem to have just sat and watched this pair falling, ignoring every chance it gave to get in!!??i particularly liked the BEOB on 18/5....still didnt enter though.
i was also wondering what has been your largest stop loss during this trade??
cheers
jon
also jarroo, are you still in this one??them numbers in the pip column must be looking healthy by now!!?? hehe
can i ask if you added to this possition since you entered?? and again how wide...Ignored
DislikedAs far as i am concerned, that trade played out just like it should. I did not take it because it had no room to run.Ignored
DislikedI wish I was still in the Weekly Cad BEOB that formed back on 3-08-09 but I did make some health gains on that one.
http://www.forexfactory.com/showpost...ostcount=24228
I caught all those PBs except for that small one on 4-28-09. And I still in that PB/IB or two Day PB, but its with a very small position, regrettably. (1,400 pips) Took to much off the table. lol Play it too safe.
I haven't added to it but the DBHLC (or BEOB) would have been a perfect place to do it.Ignored
Dislikedcheers.
jon
EDIT:yesterday i played the e/u and the u/c breakouts with my full position untill price hit my trailing stops.(dont know how i will feel about this approach with a large acc. ) now wouldnt that be nice on the u/c chart!! heheIgnored
QuoteDislikedI'm sure Judith and others won't mind.
DislikedI know that this is "old news" but I wanted to follow up on the possible trade opportunity on GBPUSD from a couple of days back & post a chart. First let me say that I couldn't agree more with Mike that this was an "iffy" pin bar. Now that the trade has played out, I wanted to note a few observations.
1. I have been here before.-------Do I take this trade or not? I have taken this type of bar as a trade and made a profit more times than not. The thing that I didn't like about being in this sort of trade is that by the time it breaks...Ignored