DislikedHello, are you still long on this with a portion of the trade? It seems to me that the pin bar is going to give up.Ignored
i am down on the lower tfs and looking to hunt the bears down, anybody with me?...

I believe . . .
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHello, are you still long on this with a portion of the trade? It seems to me that the pin bar is going to give up.Ignored
Dislikedthe price has retraced just too much for anyone who traded this pin bar, personally i want to give this pin bar all the chance i can within my MM, on my feed we're just a few pips from the tip of the nose of the PB, i plan to hold the trade for some more time, a few hours...
i am down on the lower tfs and looking to hunt the bears down, anybody with me?...Ignored
DislikedHello, are you still long on this with a portion of the trade? It seems to me that the pin bar is going to give up.Ignored
DislikedWas. Yes. Just got stopped out. LOL
I got rid of my first 2/3rds position at 162.95. Would have been nice to see 163.90 at least.
Never got a chance to move the stop on the remainder even once.
Even when I went back over all my charts a couple of hours ago this looked like bouncing and continuing up from around the 161.00 zone. Even thought about watching for a new entry!!. LOL
With that very close first target from my entry point, this has ended up a loss overall. Partly payed for......but still a loss.
Doesn't matter. Like I said before, it's a numbers game: ....Some lose, some gain and others don't seem to be worth it.
They are worth it though. ...You need to consistently trade them for the chance at the pay off trades.
So no regrets here.
( Except possibly entering a trade that had a very tight first target relative to the stop. I've been a little uncomfortable with that since I pointed it out.)
Maybe we'll get a short entry the next few days now. ( ...possibly a pull-back trade) We'll see.
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Dislikedany comment on the NZD/USD pin bar? Is it going to be beated as well? Such a bad moment for james16 ts, isn't it?Ignored
Dislikedany comment on the NZD/USD pin bar? Is it going to be beated as well? Such a bad moment for james16 ts, isn't it?Ignored
Disliked...Part 2.
Chart to go with above post.
Sorry about the late replies EH.
.Ignored
DislikedI haven't been watching that pair dude. You mean the weekly pin I presume?
I wouldn't have entered against the pivot zone it sat on. ( I don't think . Easy to say that now.)
You 'd need the opinion of someone who's planned it out on that one. Anyone??
Anyway, if you've stuck it out on the time frame you entered on you would probably have taken some profit with the stop on the remaining STILL sitting below the pin. That's if you're trading the weekly chart on that trade, (with the appropriate position size, of course)
And I wouldn't say bad moment for James16 trades. There will be people who have gained and people who have lost. Depending on there style of trading and what they traded and how well they have the head around it all.
,B
Edit: Thanks Brian. Better job of the chart than me. LOLIgnored
DislikedBundy, on your chart you put "IB come DBLHC". Which bars did you mean - as IB cannot have "higher close" (otherwise it is not an INSIDE bar...)?
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DislikedSee post 12748 for my thoughts. I had the same thought you have now. I did not take that PB because I believed it was likely that price would reverse in that area. If the PPZ would have been a daily PPZ I would have taken that PB.
ScottIgnored
DislikedGood place to buy. It just got smacked around by a news announcement ,obviously.Ignored
DislikedHere are the charts. Both trades are not taken. The PB is not exactly an "A" PB. I would like the shadow to be longer. The other signal in usd/cad is also being passed cause the risk and reward are just not encouraging enough.Ignored
DislikedEURJPY hasn't responded so well to the last two pin bars. Third time lucky maybe? I won't be taking it so maybe it will be a great trade :-)
I agree that the NZDUSD long does look promising as a long term holdIgnored
Dislikedany comment on the NZD/USD pin bar? Is it going to be beated as well? Such a bad moment for james16 ts, isn't it?Ignored
Dislikedthat is precisely why u don't let a winner turn into a looser. when that pin broke for 70 pips north you should have put your stop at break even.
You were hoping for a big move right off the bat and it didn't happen.Ignored