I took BUOB on EURGBP, got PT1 and reverse position on H4 PB short (my 4th SL this year).
How do u manage the trade in the case like this? Or you wouldnt take CT H4 signal against daily trade? Location looks good to me as well.
Thank you
alter
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedNotice that the PPZ levels and of course the Round Numbers are the same on all feeds. lolIgnored
DislikedI watch Ibfx, Fxpro and Fxopen, and will genereally take a setup on any of these 3 feeds to trade on my live account which is at Fxopen...specially the daily setups...
Regards,
Ghous.Ignored
Dislikedyeah yeah
thnx jarroo noticed dat as well, dats beautiful.....
im in the trade by the way, entered at 1.4412, hoping to ride it down
thnxIgnored
DislikedJarro, my ppz is higher than urs.
can u please explain anything wrong with my ppz and why u using that low for g/u daily's ppz?
thanks againIgnored
DislikedHi Jaroo.
I took BUOB on EURGBP, got PT1 and reverse position on H4 PB short (my 4th SL this year).
How do u manage the trade in the case like this? Or you wouldnt take CT H4 signal against daily trade? Location looks good to me as well.
Thank you
alterIgnored
DislikedHello CVCAMPER,
I'm thinking to open a spread-betting account with GFT UK because of the tax free.
1) Is GFT a good broker (no prices manipulation, NO stop hunting, tight spreads....etc.) ?
2) Is DealBook@360 a friendly plateform (speed of execution, tight spreads, good charting capabilities....) ?
Sorry guys to be off topic ,
Happy trading,
Cheers
AngelIgnored
DislikedWait what? Did the BEOB break? Why did you enter the trade right now?Ignored
DislikedThis is just me. I don't know how others manage their trades. I will take a CT on a lower time and keep my longer time frame trade open. Many times the lower time frame trade will be short lived and then continue in the direction of my longer time frame trade. Is this clear to you?Ignored
DislikedThis is just me. I don't know how others manage their trades. I will take a CT on a lower time and keep my longer time frame trade open. Many times the lower time frame trade will be short lived and then continue in the direction of my longer time frame trade. Is this clear to you?Ignored
DislikedJim,
Let us assume you had entered a trade long on a Daily chart, then you saw fit to add on when the opportunity arose. When you see a A+ trade short on the 4HR. When you go short. what position size are you using ? Relative to your overall exposure on the pair long . . If that makes sense ?
Just looking for your opinion on this . .
Does your overall bias dictate that you are relatively risk heavy on longs and risk light on shorts.
Do you hedge yourself fully if it is really a+ or is it only relative to maybe . . the last position size...Ignored
DislikedNot exactly sure what his entry style is my friend I just know his good lol...and umm I am just basing it on the story my chart shows me and thats tht we have 12 hour of price trying to make lower lows and buyers take over and push up....so I based it more of what price is doing then the actually candle ....
AttachmentIgnored
DislikedAlso remember that we like to see BEOB at swing Highs and BUOBs at swing Lows.
Bullish PA with an uptrend and Bearish PA in a down trend is not a bad way to go either.Ignored
DislikedJim,
Does your overall bias dictate that you are relatively risk heavy on longs and risk light on shorts.
Do you hedge yourself fully if it is really a+ or is it only relative to maybe . . the last position size that you put on . . And where you think price is going to turn around.
(Yes it's true Mike says I often complicate things too )
Just wondering your ideas on this
JigIgnored