Disliked{quote} Those are the main zones I look at. It's night here so I will put an alarm to see what price will do in the first upper box. I might hold this trade until the upper box. Good night Best, Jacob {image}Ignored
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Disliked{quote} Hey Bigindoda, The flip that I see is the one I had marked in the daily chart. I think it's a great trade, but should be taken on the interday TF, you can see how price change direction around that flip, once acts as resistance and once as support. So, you could have taken several trades here, today you could have taken short on that level and get with BE at the end (the trade is 3H BEOB, I had attached the chart also). Hope that helped Best, Jacob {image} {image} {image}Ignored
DislikedI got a win on USDJPY Bigger picture , here is my level {image} Here is my entry, PB signal {image} Jacob, what do you think about this trade?Ignored
Disliked{quote} Hey, Can you show on your chat where is the area you wont be in the trade any more? Seems that there is no such place so worst case you will take a full bar loose, i just dont trade like this but tend to protect my capital. Best, JacobIgnored
Disliked{quote} Yes thank you Could you tell me how i place the stoploss properly?Ignored
Disliked{quote} Hey Bigindoda, There is no rule for that. The most important thing is to locate the flip and cut out when price doesn't respect that area. You can look for swing points on the lower TF above / below the flip area (depends if you are short or long) Of course you will have looses, but on the long run, price will respect that area and you will win more than you loose. Hope that helps. Best, JacobIgnored
Disliked{quote} Hey Bigindoda, There is no rule for that. The most important thing is to locate the flip and cut out when price doesn't respect that area. You can look for swing points on the lower TF above / below the flip area (depends if you are short or long) Of course you will have looses, but on the long run, price will respect that area and you will win more than you loose. Hope that helps. Best, JacobIgnored
Disliked{quote} Jacob, This is another area where I struggle. I have read that if we are trading the daily chart then our SL and TP should be based on the DTF. Of course one should also take into account the weekly S&R , but no need to go lower than DTF to manage the trade. It seems that you look at the lower time frame to manage your trades. Also you subscribe to active management of the trades rather than “Set & Forget” system to manage the trades. i understand that you are busy with family commitments, any idea when you will hold the webinar. cherrsIgnored
Disliked{quote} Hello Jacob, Firstly thank you for your answer. Secondly, i have some question. If you locate a flip zone and price respect that are but not show any PA signals there, what do you do at this time? Do you trade or you always wait for a candle shape? and what mean that price respect the flip zone? (simple bounce from this area)? And could you explain me what is the orderflow? Thank you Jacob.Ignored
DislikedLast couple of weeks are really hard for me since I have personal issue still not resolved. I hardly trade and hardly post here I had the time today to look at the charts and got short on the 5H BEOB on the AUDUSD. You can see the major flip in the past (Black arrows) continue with more of a smaller flip (Green little box), price had stopped at that area and we got the BEOB. You can see that it tested that area to the pip, YOU DON'T WANT PRICE TO GO ANY FURTHER THAN THAT AREA, IF IT DOES, YOU NEED TO CUT OUT ASAP. I'm aiming to the line...Ignored