QuoteDislikedThanks Supreme
I'll be adding on retracement or let it go.
datogio,
retracement?
don't let it go.... let it go with you.
Where can I learn more about Price Action like those in James16 charts? 9 replies
QuoteDislikedThanks Supreme
I'll be adding on retracement or let it go.
QuoteDislikednice trade mate..one of my favs.
i know how you feel on this pair, all the yen crosses seem to have a life of there own for me! hehe
QuoteDislikedbundyraider,
hey now, who's coaching u?!!! lol
are u not a bloody Aussie?
correct grammar & spelling
DislikedAlright Pirce has now enter the area I have mentioned earlier today...Ignored
DislikedUad/Cad. Pretty simple stuff guys. I love when the drawdown is ZERO after the break. High momentum.Ignored
DislikedAnybody manage to hold onto that GU trade for this madness .... ??
Ignored
DislikedYeah, holding the weekly pin... deep drawdown now... need it to stop!... or take a loss. It was a good setup IMO, so not bothered by it.
stop at 1.6330
JoshIgnored
DislikedAnybody manage to hold onto that GU trade for this madness .... ??
Ignored
DislikedHi Shemenator....
Are you gonna be looking only for shorts or if it resumes its uptrend are you gonna looking for longs as well?
In this last case, Would you wait until the retrace trendline were broken?
For me this is a kind of timeframe confusing mixture signals....
Weekly... It seems like has made a PB over a PPZ and SMA 200, but anyway, price is uptrending...
4H... Looks like price is in a retracement channel waiting for a breaking to the upside to resume its dialy and weekly uptrend, even when it has broken the uptrendline, nut not...Ignored
DislikedAnybody manage to hold onto that GU trade for this madness .... ??
Ignored
DislikedYeah, holding the weekly pin... deep drawdown now... need it to stop!... or take a loss. It was a good setup IMO, so not bothered by it.
stop at 1.6330
JoshIgnored
DislikedAfter 2 beautiful trades this month I am currently sitting in Drawdown on the GU and AU as well.
I have reduced my risk significantly (1/2) on the AU but I am leavign my stop at the tops of the weekly pin for the GU.
I need to become more patient with the weekly setups because they may take days or weeks to develop. I think the GU was a pretty good setup and I guess I am going to have to sit in drawdown for a while before I can see if it plays out.Ignored
Dislikedpipmyride, Jduester, TiaForex, Punky,
I'm curious...
what was your entry, stops, # of lots/positions? live trades?
no profit taken?
there was a chance for at least 50-100 pip profit below the weekly PB.
there's a minor ppz in 1.5800-5810 area where price bounced.
above, after 1.6200-6230, next (minor) ppz seems to be 1.6350
Thanks guysIgnored
Dislikederm .. was actually referring to the with trend setup as posted nicely by sherm:
http://www.forexfactory.com/showpost...ostcount=32692
I was in the weekly but as it was against trend, i took my pips early ...
However i also took profits (in hindsight) too early on this one ...Ignored