• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 1:01am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 1:01am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Price action at the core = family members' discussion project 2,205 replies

Price Action discussion 26 replies

Volume Price Level Trading Discussion Area 1 reply

Maxsmarts Trading Journal and Discussion 164 replies

  • Trading Discussion
  • /
  • Reply to Thread
  • Subscribe
  • 2,999
Attachments: Price Action and Trading Discussion
Exit Attachments
Tags: Price Action and Trading Discussion
Cancel

Price Action and Trading Discussion

  • Last Post
  •  
  • Page 1 23456 297
  • Page 1 2 297
  •  
  • Post #1
  • Quote
  • First Post: Edited Aug 29, 2016 5:59am Oct 27, 2011 8:52am | Edited Aug 29, 2016 5:59am
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Price Action and Trading Discussion.


Price action, horizontal support and resistance, trend lines, round number areas and throw in some candle patterns also.


I welcome any general discussion in regards to trading and any thoughts around price action trading no matter what pair or combination of pairs that you may trade.


Charts with reasoning as to why you took the trade or are thinking of taking a trade would be appreciated.


Follow me on Twitter at the following link:

https://twitter.com/OzForexTrader

Follow me on Facebook:

https://www.facebook.com/Forex-Day-T...8241177959986/
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • Post #2
  • Quote
  • Oct 27, 2011 8:55am Oct 27, 2011 8:55am
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
To get an idea of what I look for on the charts here is a recent trade I took on AUDUSD 4 hourly.

I moved the stop up to lock in some pips with the news that was due out, so far so good it has stayed above that area after the news release.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: aud 4 hourly.jpg
Size: 125 KB
Click to Enlarge

Name: aud 4r 1.jpg
Size: 119 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #3
  • Quote
  • Oct 27, 2011 1:10pm Oct 27, 2011 1:10pm
  •  dan89
  • Joined May 2010 | Status: Member | 1,100 Posts
Nice trade

DW, do you usually only take trades if there is confluence of several factors e.g. round number and general S/R. Would you ever take a trade simply off a round number ?

Dan
 
 
  • Post #4
  • Quote
  • Oct 27, 2011 1:20pm Oct 27, 2011 1:20pm
  •  forexman77
  • | Joined Mar 2010 | Status: Member | 13 Posts
Hello,
Here is my Price Action EA.
Forexman77
Attached File(s)
File Type: ex4 PriceactionEA.ex4   10 KB | 4,042 downloads
 
 
  • Post #5
  • Quote
  • Edited 3:26pm Oct 27, 2011 2:12pm | Edited 3:26pm
  •  dan89
  • Joined May 2010 | Status: Member | 1,100 Posts
Quoting forexman77
Disliked
Hello,
Here is my Price Action EA.
Forexman77
Ignored
What is this indicator .. you seem to be posting indi's everywhere and renaming them to suit the thread ...
 
 
  • Post #6
  • Quote
  • Oct 27, 2011 2:51pm Oct 27, 2011 2:51pm
  •  doggybones
  • | Joined Sep 2008 | Status: Member | 134 Posts
Finally DW. I am still on a tight schedule till the first week of November. After that I will start looking at the charts more and posting my trades again.
 
 
  • Post #7
  • Quote
  • Oct 27, 2011 2:53pm Oct 27, 2011 2:53pm
  •  doggybones
  • | Joined Sep 2008 | Status: Member | 134 Posts
Quoting DarkWolF
Disliked
To get an idea of what I look for on the charts here is a recent trade I took on AUDUSD 4 hourly.

I moved the stop up to lock in some pips with the news that was due out, so far so good it has stayed above that area after the news release.
Ignored
That turned out to be a really nice trade DW . I wont be surprised if it goes and tests 1.1.
 
 
  • Post #8
  • Quote
  • Oct 27, 2011 3:43pm Oct 27, 2011 3:43pm
  •  greatpips
  • | Commercial Member | Joined Oct 2011 | 21 Posts
What is this indicator? It would be great if you can post more info but FYI, not going to download an unknown file for obvious reasons..
 
 
  • Post #9
  • Quote
  • Oct 27, 2011 4:31pm Oct 27, 2011 4:31pm
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting dan89
Disliked
Nice trade

DW, do you usually only take trades if there is confluence of several factors e.g. round number and general S/R. Would you ever take a trade simply off a round number ?

Dan
Ignored
Hi Dan,

The more areas that line up the better, but yes I would take a trade simply off the RN area.

Pays to be picky with your trades though, it does not matter if you miss one or two as there will always be another opportunity.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #10
  • Quote
  • Oct 27, 2011 4:31pm Oct 27, 2011 4:31pm
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting doggybones
Disliked
Finally DW. I am still on a tight schedule till the first week of November. After that I will start looking at the charts more and posting my trades again.
Ignored
No probs doggy.

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #11
  • Quote
  • Oct 27, 2011 4:35pm Oct 27, 2011 4:35pm
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting doggybones
Disliked
That turned out to be a really nice trade DW . I wont be surprised if it goes and tests 1.1.
Ignored
Let's hope...

For more than one reason, I want it high for when I take my holiday to the US next year maybe I should just exchange some US dollars now

There is talk of the RBA dropping rates next week though so that might not be favourable for it. However I think they will more than likely leave them on hold again.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #12
  • Quote
  • Oct 27, 2011 4:55pm Oct 27, 2011 4:55pm
  •  thegunslinger
  • | Joined Jul 2007 | Status: I deal in lead | 393 Posts
I took the same exact AUD/USD trade, but I had set my TP to the 1.0630 R level. I'm now fading the rally with a short @ 1.720 with a TP at 1.0640. My thought being that we'll see some profit taking after this rally and price needs to retest the former R level there as S before it moves higher.
 
 
  • Post #13
  • Quote
  • Oct 27, 2011 5:04pm Oct 27, 2011 5:04pm
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting thegunslinger
Disliked
I took the same exact AUD/USD trade, but I had set my TP to the 1.0630 R level. I'm now fading the rally with a short @ 1.720 with a TP at 1.0640. My thought being that we'll see some profit taking after this rally and price needs to retest the former R level there as S before it moves higher.
Ignored
Hi Gun,

Ya that is a likely scenario. The long term trend line on the daily that was recently broken extends up to around the 1.09 area I will be interested to see if it does make it up there if that holds as a resistance area.

I am happy to keep my trail in place for now and see how it goes.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #14
  • Quote
  • Oct 27, 2011 5:12pm Oct 27, 2011 5:12pm
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting forexman77
Disliked
Hello,
Here is my Price Action EA.
Forexman77
Ignored
Hi forexman,

I am not one to use EA's but for those that do, maybe you should think of putting together a document that shows the settings etc and how it works, potentially with some images of some trades it takes and some tested results.

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #15
  • Quote
  • Oct 27, 2011 5:35pm Oct 27, 2011 5:35pm
  •  thegunslinger
  • | Joined Jul 2007 | Status: I deal in lead | 393 Posts
Just illustrating my last post. Failure to break above previous swing high.
Attached Image (click to enlarge)
Click to Enlarge

Name: 2011-10-27_AUDUSD.jpg
Size: 69 KB
 
 
  • Post #16
  • Quote
  • Oct 28, 2011 3:37am Oct 28, 2011 3:37am
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting thegunslinger
Disliked
I'm now fading the rally with a short @ 1.720 with a TP at 1.0640. My thought being that we'll see some profit taking after this rally and price needs to retest the former R level there as S before it moves higher.
Ignored
Looks like that target was pretty spot on for ya' gun... nice work.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #17
  • Quote
  • Oct 28, 2011 3:47am Oct 28, 2011 3:47am
  •  dan89
  • Joined May 2010 | Status: Member | 1,100 Posts
Morning all.

DW could you show me your lines for today on EU 5min if you have got them up ?

Cheers
 
 
  • Post #18
  • Quote
  • Oct 28, 2011 4:07am Oct 28, 2011 4:07am
  •  dan89
  • Joined May 2010 | Status: Member | 1,100 Posts
EU, Price ranging between 1.4200 and 1.4150 .. will look for break and retrace to enter long on short.
 
 
  • Post #19
  • Quote
  • Oct 28, 2011 4:16am Oct 28, 2011 4:16am
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting dan89
Disliked
Morning all.

DW could you show me your lines for today on EU 5min if you have got them up ?

Cheers
Ignored

Hi Dan,

No probs mate.

Here is a trade I just took on the 5 min. Closed for +14 pips.

I thought about targeting the next RN but figured bugger it take it off no need to get greedy on my first trade for the night.

Entered on the indecision bar off the support line.

The second chart will show where I have my lines set.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: eu1.jpg
Size: 79 KB
Click to Enlarge

Name: eu2.jpg
Size: 80 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Post #20
  • Quote
  • Oct 28, 2011 4:19am Oct 28, 2011 4:19am
  •  DarkWolF
  • Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Quoting dan89
Disliked
EU, Price ranging between 1.4200 and 1.4150 .. will look for break and retrace to enter long on short.
Ignored
Spot on Dan, or trade the range

But with the current sentiment being bullish I am inclined only to trade the range from support.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
 
 
  • Trading Discussion
  • /
  • Price Action and Trading Discussion
  • Reply to Thread
    • Page 1 23456 297
    • Page 1 2 297
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023