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Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
DislikedI like the fact that you used a chart here versus a video - think they are far easier to interact with. Hope you're doing well and your account is up. I'm buying a new house so my account(s) have been emptied, but thankfully not by Mr. Market. Happy Easter! -SLIgnored
DislikedExcellent. That's great to hear. Still mainly forex or are you doing a little bit of this, little bit of that?Ignored
DislikedHi Clockwork and Folks, First of all huge thank you to Clockwork for this huge thread full of insights, im sure so many new traders can and already benefit from your contribution. I am new to trading forex and have been learning the way of price action for about 6 months now. I found this thread while i was rummaging on another thread looking for some insight and i cant believe that this thread is still active after 9 years of discussion!! I am currently reading from page 4 and trying to catch up with you guys (dont know when i will ever able to.....Ignored
Disliked{quote} Sorry - I was away for a few days. Anyway, it comes down to playing the percentages.....those 'almost pinbars' can work out, but I still continue to think that the large, round numbers are crucial. In fact, here is an exercise you might want to try: Use a line chart. Mark the large round numbers, and buy/sell based upon a bounce or breakdown. Do this in a demo account, but only trade in a clear trend, and with the trend. Use the daily chart as a time frame. Use either small amounts or a demo first. Then add the candles. The biggest issue...Ignored
Disliked{quote} Chris, Thanks for the suggestion. I will definitely try the line chart + rejection on large round numbers when i have the chance to. You speaking about price rejection from certain areas really confirmed my recent thought about that. My laptop's battery is busted recently and i cant access my backtest software until i get a replacement. By the way, i took a 1D bearish engulfing bar on USDCAD on weekly pivot SNR just like you have been saying, and in 100 pips profit right now. I expected the engulfing bar to form the day after, and it did,...Ignored
Disliked{quote} I would wait until the price goes above the pinbar, meaning that we have broken higher by a few pips of it....but beyond that, it seems legit.Ignored
DislikedTo be honest, I think that this pinbar is a great sign, but not one to sell. I think it clearly tell you where things get interesting....and that is on a break above it. After all, this would signify two things simultaneously. It would show a break of the top of a pinbar, and that shows strength in this case. It also clears a large, round number. Oh wait...there is also the third thing: the recent highs. So when I see a chart like this, I often think one of two things: It will either make a sudden move higher, which has me buying, or we are going...Ignored
Disliked{quote} Chris, Im trying to digest what you just said and here is what i understand so far: - this one particular pinbar doesnt show up as reversal signal but more as signs of buyers trying to break the 1.43 level. - you are on bullish side because there are more confluence that support bulls (50EMA+trend+1.4 level), than the confluence that support bears (pinbar+1.43 level) - the USD pairs are not the safest ones to trade right now because the Syria war and stuff Is this correct? And about your fundamental analysis, i got a bit overwhelmed because...Ignored
DislikedIn the end, the only thing you can do is play the percentages. The more reasons you have to get involved, the better. Otherwise, take your time. {image}Ignored