I'm short at 241.05 on the break of the 4H pin bar.
M2B
M2B
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Dislikedlongterm u may be ok. where is your stop? expect some short time possibly howeverIgnored
DislikedNice pin bar on the 4H chart for those who are familiar with James 16 Thread.
M2BIgnored
i guess i have posted zip file about pin bar not much page behind...
DislikedNever read James 16 Thread. What is that pin bar supposed to do?Ignored
Dislikedi guess i have posted zip file about pin bar not much page behind...
Ignored
DislikedNever read James 16 Thread. What is that pin bar supposed to do?Ignored
DislikedNever read James 16 Thread. What is that pin bar supposed to do?Ignored
DislikedHowdy traders
I see that you have been racking your brains trying to figure out the market.
Trying to scalp this beast will bankrupt some of you. Just go long at the next retrace and hold it. Save yourself the hassle of thinking or overthinking.
I got in at 238 this am with a limit entry and I'm holding until 245+ ( I will adjust my TP tomorrow) and I do not care what happens in between.
That's stress free trading.
I got your PM's and will get back to you ASAP.
Let me just say I don't come here to boast the point is, I mentioned yesterday I trade off Daily and 4hr charts and finetune my entries and exits on 1hr if I am around and for me that is the best way for me to trade.
Once I'm in I basically check the charts once or twice a day.
Stress free trading.. Get a trading system, have a plan and stick to the plan because you trust it.
I wish you all the very best
Let me add one more thing here I see alot of you traders chasing this thing all over the place. This type of trading will break your spirit, heart and accounts.
I caution you to excercise strict money management. ie: 15% of your NAV on a single trade and employ a 3% stoploss if your stoploss gets hit you still have 97% of your NAV. If you can be successful 4 out of 10 trades you should be profitable. 4 out of 10 ...My dog can do 4 of 10
NAV 3000.00
15% 450.00
3% SL 90.0
This method is harder to employ on this pair because of the spread.
If you trade thru OANDA you can set this up thru tools/user pref
If on VT you trade mini lots .1 or .2 to start.
this is the only way to stay in the game. I know, been there done that, 3yrs ago $22,000 in less than a month worst time of my 50 yr life
Just trying to shed some light for some of ya
And please please please please learn to read these charts
Ok I'm out I've rambled enough This was not intended to ruffle any feathers just maybe educate a bit
Trade on ladies and gentlemenIgnored