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  • #181
  • Feb 11, 2008 1:32pm Feb 11, 2008 1:32pm
Hi, I looked over the charts you posted and saw some trades I would have taken and some pairs were there were no signals. I can tell you, on the G/J chart I would have lost 100pips and would have lost on the E/U too! On both charts you had a nice run down in price...then you get the first pinbar candle that closes "up/positive" showing a reversal sign...but the next 1hr candle that formed would have went below the "entry" candle and stopped me out.

Can you explain where you made 100pips on the g/j today? Thank you, Andrew.

Quoting natejax
for you guys that are trying to learn. look at my charts here and see if you can identify the all the signals and see how many winners you get. for pairs other than GJ, i use the next closest pivot as the profit target. i won't take a signal if a candle has gone too far from the pivot point either. (so you would not see me take an engulfing pattern in some cases. i also don't usually take them on the middle pivot point unless there was a big move to get there. i do jump in early sometimes, especially if it an S/R2 or S/R3 line and price has gone past it and is starting to come back.
  • #182
  • Feb 11, 2008 1:41pm Feb 11, 2008 1:41pm
Quoting natejax
for you guys that are trying to learn. look at my charts here and see if you can identify the all the signals and see how many winners you get. for pairs other than GJ, i use the next closest pivot as the profit target. i won't take a signal if a candle has gone too far from the pivot point either. (so you would not see me take an engulfing pattern in some cases. i also don't usually take them on the middle pivot point unless there was a big move to get there. i do jump in early sometimes, especially if it an S/R2 or S/R3 line and price has gone past it and is starting to come back.
USD/CHF is the only one I would have taken at 03:00
  • #183
  • Feb 11, 2008 2:40pm Feb 11, 2008 2:40pm
the first candle that breached S2 for GJ is a reversal candle and if you got in at the close it ran just under 100 pips. i went in a bit early and got 100. there was an excellent signal on swissy. you can see 2 decent signals on cable also. the second one was on the middle pivot so i would not take it. UJ's reversal candles came too far for me to take, but i definitely take trades past the S3 when they start heading back and you obviously could have made money off the 2 UJ setups. so there were a number of winning trades that could have been taken.

EDIT: actually, if you look at it there were 3 different entires that you could have taken on cable. a long, then a short, then another long. EURO had a signal as well. most of those came while i was asleep
  • #184
  • Feb 11, 2008 2:43pm Feb 11, 2008 2:43pm
I agree, the u/chf had a very nice entry! Just in the spirit of trying to keep things simple since I'm learning this new method...I will be following nomasks first post/rules. So if you happen to see any g/j setups, please do post. I will try to do the same. Cheers!

Quoting natejax
the first candle that breached S2 for GJ is a reversal candle and if you got in at the close it ran just under 100 pips. i went in a bit early and got 100. there was an excellent signal on swissy. you can see 2 decent signals on cable also. the second one was on the middle pivot so i would not take it. UJ's reversal candles came too far for me to take, but i definitely take trades past the S3 when they start heading back and you obviously could have made money off the 2 UJ setups. so there were a number of winning trades that could have been taken.
  • #185
  • Feb 11, 2008 2:45pm Feb 11, 2008 2:45pm
Quoting Tw0eleven
I agree, the u/chf had a very nice entry! Just in the spirit of trying to keep things simple since I'm learning this new method...I will be following nomasks first post/rules. So if you happen to see any g/j setups, please do post. I will try to do the same. Cheers!
i will post any setups i see that look valid. i do take some liberties with the original rules.
  • #186
  • Feb 11, 2008 4:12pm Feb 11, 2008 4:12pm
If we want to start a yahoo messenger signal thread, I'll (hopefully not regret) to start it. That way we can look down on our computer and see if someone has a new message. I have skype also. I trade from around 14GMT in the morning to the euro open. But once the thread is open we can all talk. Personally I will focus on the g/j. I watch many pairs but at this stage in my trading career I believe that I can make enough trades on that pair alone. You can pm me with your yahoo name. this may sound harsh, but if you have been trading for less than a year you should not be on this new yahoo message board. Newbies should not be trading the gbp/jpy is my reason.
  • #187
  • Feb 11, 2008 4:37pm Feb 11, 2008 4:37pm
Natejax,

I am always on skype also. Let's help each other and create a skype chat line so we can all trade together. my Skype name is amlo77.

Later,

Alex


Quoting natejax
Hey guys, i am all for collaboration and wonder why people on here don't do it more often. this is BY FAR, the best method i am currently using for my trading. i am currently watching 8 pairs but could certainly do more. we tried to start a signal thread but nobody really participated. i am on skype if anyone uses that. the way i do it now is i will take signals during waking hours for most of the pairs but i have price alerts for GJ so i can watch what happens when a pivot gets hit.

there was another trade on GJ for 100 pips today if anyone caught it. i have had some good ones on CAD and EURO also.
  • #188
  • Feb 11, 2008 4:56pm Feb 11, 2008 4:56pm
I have skype or yahoo messenger...count me in on whichever one is decided.

Quoting amlo77
Natejax,

I am always on skype also. Let's help each other and create a skype chat line so we can all trade together. my Skype name is amlo77.

Later,

Alex
  • #189
  • Feb 11, 2008 5:17pm Feb 11, 2008 5:17pm
yahoo messenger please

my nick is jasius_1
  • #190
  • Feb 11, 2008 6:23pm Feb 11, 2008 6:23pm
Can I join you? I love price action trading, especially with candle patterns.
  • #191
  • Feb 12, 2008 3:09am Feb 12, 2008 3:09am
i added you guys as skype contacts
  • #192
  • Feb 12, 2008 4:40am Feb 12, 2008 4:40am
Grrrr, I can't use skype...

Two candles ago G/J piercing pattern on a pivot point, now it's going up, maybe we'll see reversal soon on R1
  • #193
  • Feb 12, 2008 5:01am Feb 12, 2008 5:01am
Reversal on G/J! Who's in?..
  • #194
  • Feb 12, 2008 5:12am Feb 12, 2008 5:12am
On the Pivot Daily indy, do you set start hour time 2 if your charts are gmt+2? Thank you, Paris
  • #195
  • Feb 12, 2008 5:53am Feb 12, 2008 5:53am
I hope you didn't go in on that one.

Quoting jasius
Reversal on G/J! Who's in?..
  • #196
  • Feb 12, 2008 6:02am Feb 12, 2008 6:02am
i have not seen any good setups yet today. i have a couple other things i watch also but have not taken any trades yet today. better to be too picky than not picky enough. yesterday was a gold mine of pivot trades. i am hoping we can get an R2 setup on GJ.
  • #197
  • Feb 12, 2008 6:05am Feb 12, 2008 6:05am
I agree, a 270pip run up to R2 would be nice. I wouldn't imagine much gas left to go higher after that.

Quoting natejax
i have not seen any good setups yet today. i have a couple other things i watch also but have not taken any trades yet today. better to be too picky than not picky enough. yesterday was a gold mine of pivot trades. i am hoping we can get an R2 setup on GJ.
  • #198
  • Feb 12, 2008 7:16am Feb 12, 2008 7:16am
i see possible setups forming on GJ and cable. i added you guys who gave me skype info to a skype chat but i only see ankur so you need to make sure you add me.
  • #199
  • Feb 12, 2008 7:38am Feb 12, 2008 7:38am
[quote=natejax;1847132]i see possible setups forming on GJ and cable. i added you guys who gave me skype info to a skype chat but i only see ankur so you need to make sure you add me.[/quote

Can't find you on skype as natejax. Sent you a pm to add me.
  • #200
  • Feb 12, 2008 7:41am Feb 12, 2008 7:41am
sent you a pm as well.

Quoting natejax
i see possible setups forming on GJ and cable. i added you guys who gave me skype info to a skype chat but i only see ankur so you need to make sure you add me.
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