also another thing I always like to do personally is keep my charts a bit more zoomed out. Notice how small this pin looks now compared to being zoomed in. Then it looks like a super big pin.
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi there,
I didn't post here but I'm a follower of the thread for a while now, trading daily pins.
I got some tough questions here, not expecting to get a lot of answers, but I'll try anyway.
I'd like to know from those of you who trade mostly daily pins for at least 3 months profitably:
- Looking at your trades, on winning trades, how much % do you make of what you risk on average? (Say you risk 100 pips and make 10 pips that would be 10%)
- How many complete losers did you have (initial stop hit)
- Of the other losers, how much % did you lose...Ignored
DislikedHi Enculee!
That just shows the default symbols which are available. Do you know if you know any other way to add more symbols to the existing list?
Many ThanksIgnored
DislikedI don't trade the 1 hr, but here is a nice looking PB with strong divergence on ucad 1 hr. Let's see how she does.Ignored
DislikedHmm.. decided to play it as the 38.2% ret of the PB was at 1.2768 for me, which, with last Friday's low at 1.2766, seemed significant enough.
Low came out to be 1.26770 on the next bar, therefore my limit buy was never filled... can't be mad for trying to be disciplined though.
Ignored
DislikedWhy did you close it out entirely? Looks like it could still be going up.Ignored
DislikedIt came exactly to 50% of my original TP. I like to take quick profits.
Also another thing is, don't let a winner turn into a loser. James16 mantra.Ignored