This is AUSD 1hr trade. 4pips shy away from tgt1. but common sense says its good to move sl to break-even becoz the long is just fresh and the strong barrier up there.
this might just work out.
this might just work out.
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QuoteDislikedIts all good mike
go get some rest
DislikedMy passion for this mkt won't allow me to most especially when the method can't stop giving pips.
here is another short and good analysis i got from a very respectable trade that i go visit to sharpen my PA skill.
http://www.forexfactory.com/showpost...ostcount=12566
this has to do with the trades we are in at the moment
It might interest u to know that i frequently visit james16 and daily chart by hussin for price action skill sharpening and fibonacci trading by boboku for fib sharpening skills
I have to leave now till NY session:
we might get good trade on GU and possible UCAD for short: maybe!
I might be wrongIgnored
DislikedI think that we need to create one where this method will be taught but am looking at modality to do that, so that this thread will be kept alive.
Honestly speaking, creating one that will attract serious discussion about this method is the intention, maybe, anybody can contribute so that idea on how to make it a better trading place be discussed.
Tradingroom will help us to do better with this method and as well spot more possible trades.
Any suggestion will be welcomed!
Thanks
MikeIgnored
QuoteDislikedHello Noel,
Nice to hear from you too again
Lets hope it pans OK, as you say looking good so far, not too sure it will reach target T2 though?
Take care,
Nigel.
DislikedDouble top, u r smart guy! Eurjpy is not in my watch list today as the hammer formed at daily is a bit confusing, i didn't watch it at all, it gave a false long signal earlier but i didn't fall into the trap coz i knew our rules weren't met.
But this one u spot is a A class trade and as i am typing, TGT 2 is already met for more than 50pips in all in less than two hours.
Good trade
thanks broIgnored
QuoteDislikedThose trades went well; but according to the original rules, the daily trend is still down in both AUD and NZD, isn't it?
I know you were basing your trades on the presence of the daily pin bar; do you use that sort of discretion often, or are most of your trades done in the direction of the daily trend 'as it is' rather than 'as it looks like it might go'?
Or have I misunderstood how the daily trend is read?
DislikedThat's clear enough. Thanks.
This thread is unusual. So far, the rules remain the same as they were in the beginning; nobody is talking about making an EA; and nobody is trying to add trade filters.
Also, nobody is arguing.
So refreshing!Ignored