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My first week as a breakout trader. Just one day ended with loss. I guess most credit goes to the tsunami for cool moves and the demo account which gives me fast execution.Ignored
Trade Smart
Where can I learn more about Price Action like those in James16 charts? 9 replies
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My first week as a breakout trader. Just one day ended with loss. I guess most credit goes to the tsunami for cool moves and the demo account which gives me fast execution.Ignored
DislikedHey Azam, I'm tempted if anything to satisfy my curiosity. I'll confirm on the thread closer to the date. I'm still working PB, BEOB and BUOB at swing highs and swing lows quite successfully. I don't want to put a spanner in the works by attending
TomekIgnored
DislikedWhat do you guys think? is this a valid pinbar?..on the weekly the eyes dont look quite in range to me. bear with me this is all new im jsut putting it out there and hopefully im gradually coaxed into the right way of thinking about this.
as an example how would I enter this, wait till the 1st of next month? how would I gauge my stop loss/profit target (resistance at 84.555?) is it bad to trade on a friday/monday?
Thanks again hope my posts arn't annoying anyone!
Thanks
AtemiIgnored
DislikedHi everyone *gives a respectfull nod to Jim - yknow like bobba fett in the cantina lol)
That weekly GPBJPY pin was going to be my first chart post you beat me to it! lol. Im very excited about that too but im scared of trading on fridays for some reason...not sure why..have I read somewhere thats not a good idea?
I've been reading this thread for a while now and although im a complete noob with no previous trading experience, this week I've amazed myself and actually done ok. The week before was when I opened my account and made a dozen silly...Ignored
DislikedIs this a valid? does anyone trade monthy timeframes?
Thanks
GarethIgnored
DislikedWhat do you guys think? do I read this pinbar as confirmirmation of the previous few bars resistance?
Cheers.
AtemiIgnored
DislikedWhat do you guys think? is this a valid pinbar?..on the weekly the eyes dont look quite in range to me. bear with me this is all new im jsut putting it out there and hopefully im gradually coaxed into the right way of thinking about this.
as an example how would I enter this, wait till the 1st of next month? how would I gauge my stop loss/profit target (resistance at 84.555?) is it bad to trade on a friday/monday?
Thanks again hope my posts arn't annoying anyone!
Thanks
AtemiIgnored
Dislikedhttp://www.abload.de/img/untitledcfff.png
My first week as a breakout trader. Just one day ended with loss. I guess most credit goes to the tsunami for cool moves and the demo account which gives me fast execution.Ignored
Dislikedthis one was posted by 4fxsake on 08.03.11.
the low and therefore the sl never got triggered.
today it is up more than 3%. i took 1/2 profit at 29.04 usd.
thanks again to 4fxksake.Ignored
DislikedMy story
Was a big time lurker for a while ago and tried to learn from you guys posting here, have not been following the thread for a while now. Huge thanks to all of you posting, especially the seniors.
After reading and studying a lot I did two months demo trading and was profitable. Started trading live and did very well. I was aware that I might be over trading a little, but that was the only concern I had. I grew my account by 70 % in 5 months.
Things started getting out of hand when I had grown my account by 50 %. I got too confident...Ignored
DislikedLove this kind of setups...
Breaks the 1.40, we have previous resistance..comes down and then we have a BUOB that got rejected at 1.40 BRN, previous resistance acts as support and up we go ....
Os.Ignored
DislikedHi everyone!!!
Is it a IPB if it close like this (I know still long way to go, just planing....)???
What is the main thing what we have to see when play a IPB?
I know location, and PPZ, and swing high/low, and RN ....but the candle form?
Thank you
( I am new, just learning on demo, hopefuly for 3 month)
MónikaIgnored