- #17,065
- Dec 17, 2008 10:05am Dec 17, 2008 10:05am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- #17,066
- Dec 17, 2008 10:07am Dec 17, 2008 10:07am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Nicely spotted Jankone! Don't worry abt missing it. There will be plenty more to feast on
I believe . . .
- #17,067
- Dec 17, 2008 10:24am Dec 17, 2008 10:24am
Ye, I miss Ryan. I liked his every post and i have most of them . the best ones, saved in favourites www. and all charts in pc
He give me great idea how to build great businness
It's already some months I trade his method , if i can be serious, I trade real and I dont lose too much. I can say I'm growing, very slowly,but yes and it gives me more and more "fuel for my engine" to success.
You guys are good too, but i found myself in m5.
Anyway, I'm not sad, I hope i catch next one.
sure , it must be a+ setup too
He give me great idea how to build great businness
It's already some months I trade his method , if i can be serious, I trade real and I dont lose too much. I can say I'm growing, very slowly,but yes and it gives me more and more "fuel for my engine" to success.
You guys are good too, but i found myself in m5.
Anyway, I'm not sad, I hope i catch next one.
sure , it must be a+ setup too
Lol! Ryan's definitely left a lot on this thread
Nicely spotted Jankone! Don't worry abt missing it. There will be plenty more to feast on
- #17,070
- Dec 17, 2008 11:09am Dec 17, 2008 11:09am
Missed this one, I'm so sad
Quick question for pretty much any one who trades the lower timeframes.
I know how to size a position but when trading the smaller TF, you don't have
the luxury of sizing the position (doing the math/ calculation) based on your stop.
My question is do you guys use the same hard stop (15- 20 pips?) thus using
the same size for that day for all positions (no need to think about it when trade
comes up)? Or do you adjust the stop size based on the PA and if you do this
do you use the same position size you normally would've at a full stop or do you
quickly adjust the size so its still the same risk % at this stop?
Thanks for your feedback, I used Oanda and have been playing around with the default sizing, ideally I would like Oanda to size my positions to 2% of my account with a 20pip stop/ resize the position if I adjust the stop.
- #17,071
- Dec 17, 2008 11:19am Dec 17, 2008 11:19am
There is alot of volatility in these times especially the past 24-48 hours, but price action set ups and bars are still working, thats what I love about the price action set ups.
TBH 400 pips, 30 pip sl
TBH 400 pips, 30 pip sl
- #17,074
- Dec 17, 2008 12:36pm Dec 17, 2008 12:36pm
- | Commercial User | Joined Aug 2006 | 12,004 Posts
here are my charts I love switch from support to resistance and vice versa, they work for me. looking at daily euro, i saw price reacting at a PPZ and i just did a switch to 1hr and i saw a PB.(fib confluence at 61.8) I am still on demo with these stuff but i just placed some PO at two pips break away from the PB low and set my tgt at various support. I want your comment on this. Took 200+ pips on the GU chart that i posted earlier Thanks
Be real careful here, I think this is stretching things a bit. Firstly the pin on the hourly didnt have a close within the prior bar so technically it is not a pinbar. Secondly it has been 4+ bars and the low was never broken. This is often a sign of a lackluster pin. Most people cancel their order if it doesn't break on the next bar or maybe 2 bars. I would just be careful here as maybe this will give some pips to you, but I think there are better trades to wait on the sidelines for.
Just my views
Mike
- #17,077
- Dec 17, 2008 1:48pm Dec 17, 2008 1:48pm
- Joined Feb 2006 | Status: 'Try-hard' extraordinaire... | 2,151 Posts
Nice one Jeff
The break of the daily IB also meant the completion of a (not too pretty, I admit) 1-2-3 pattern on H1 (could also be seen as a H&S there). Unfortunately it didnīt come back to test the breakout area. I had a hunch but didnīt take it on a pure break...still watching a lot and learning
RM
Liquidity must be seriously thin at the moment too. Not giving me the type of trades I like such as that.
Bundy's status today: "Waiting..."
- #17,078
- Dec 17, 2008 1:51pm Dec 17, 2008 1:51pm
- Joined Apr 2006 | Status: Suaviter in modo, fortiter in re | 1,851 Posts
