Trading: the skill of avoiding trades
Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
DislikedDid anyone else get on this?
I'm short this pair - based from weekly pin bar at the 50% retracement and it actually went quite close to the 61.8%
E/U and G/U seem to be setting up similar trades they look much alikeIgnored
DislikedI shorted the 4 hour pinbar on USDCAD myself....1.12 area. Small stop, figured was worth a "peek"Ignored
DislikedI shorted the 4 hour pinbar on USDCAD myself....1.12 area. Small stop, figured was worth a "peek"Ignored
DislikedCould you please post a chart
I want to see what it looks like on your chart, thanks
Oh.. btw happy birthday, I'm sure everyone has given you a bash by nowIgnored
DislikedDid anyone else get on this?
I'm short this pair - based from weekly pin bar at the 50% retracement and it actually went quite close to the 61.8%
E/U and G/U seem to be setting up similar trades they look much alikeIgnored
DislikedDo you think my analysis on the A/U is correct in your opinion? I've been baffling myself a lot latley with what could be right or wrong.
I have found to be questioning myself after the trade is triggered say 'just above the .80 area' and then I get a reverse signal for a buy below the .80 area, I am not quiet sure how to deal with this problem, it seems like a lot of mixed signals and it's crucial to taking the right ones. I know it should be 'obvious' and in your face kinda thing.Ignored
DislikedI noticed the weekly pins on the AUD/USD, GBP/USD and a slightly weaker pin on EUR/USD. CW, how do you play these? Do you look at the daily and still wait on a breakout of resistance then pullback? Or do you use confluence (fibs, etc.) and jump in after a 10-20 pip move to confirm the move and get in?...Ignored
DislikedHere are the 4 possible options for what the 4 hour charts could look like. I'm guessing CW took the first one, the one that closed at 7:00am CT.
JoshIgnored
DislikedVitamin Beer: I have the same issues. Looking at the charts last night I had some "analysis paralisys". CW any tips there?
thanks.Ignored
DislikedAlways, always, always zoom out on the charts, period.
If it isn't obvious, it's alright. You are not going to catch every move, and that's life. I know this isn't the simple solution you wanted, but trust me - it's about zooming way out, the farther, the better.
You could try plotting monthly areas, and trading only daily candles/bar. (It produces fewer signal;s, but even better quality in my opinion.
CWIgnored
Dislikedactually i`ve been thinking that lately...monthly areas and daily candles work a lot better than weekly and 4 hr combination...my only losing trades are on 4hr timeframes...i found dailies a lot more reliable and more profitable..it is just what fits to my trading style better..thats all...Ignored