here is one for Ben..
Aj buob on 4hr.. Wait for pullback to round number..
Aj buob on 4hr.. Wait for pullback to round number..
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHAHAHA cool. I had just time to enter this one in the morning
But did it only based on the 1H IB and most important - the major round number.
BenIgnored
Dislikedhere is one for Ben..
Aj buob on 4hr.. Wait for pullback to round number..Ignored
DislikedHey buddy
Umm...I don't feel really comfortable with this setup. Reasons on the chart.
BenIgnored
Dislikedthats fine..
It went right to the first area. (as you have marked on your chart). this is where I went to break even..79.25
it may work or may not. but i wont loose...
I agree that you would want a better location for a longer term trade. but these setups work in many places.. as long as traders realise where thay are & protect themselves accordingly.Ignored
DislikedYea that's right. It is also possible to trade B setups and just take full profit or BE at the first trouble area. What is important here is doing some thing after it stalls where you predicted and not taking a full bar lose.
I knew you will manage it good
Generally I look for more long moves...so I prefer trading into space, and with the trend. Then I can allow myself giving a trade a bit more space.
BenIgnored
Disliked1. Just wanted to know if there was a place that listed all the major Market Makers and
Internbanks positions that heavily influence FX.Ignored
Disliked2. and how do you use the information about order flow in your favorIgnored
Dislikeddo you guys think that it's better to stick only to the information from this thread,Ignored
DislikedJust FYI.... are most of u aware of this??
i dug up in my subscribed thread's...
Tesla's trendline alerter indicator.
it's in post#1 of his thread (check it out).Ignored
DislikedHi Jarro
1. I had placed my stop below the breaking bar as was your method (is it still your practice?).
2. I took partial profit at the first target, and moved the rest to breakeven but SL was hit at the BE.
3. Given the stall in the past 24 hours, would you consider reentering?
4. Also, I am not sure the orange line you drew is that much of a S/R line. Would that have prevented you from taking this trade?
Thanks.Ignored
DislikedLOL
"A" category?
You are brave..
I don't even consider this one...this traffic is too much alone. But you are probably making your money out of it..like you know to do
Did you eventually enter it? If yes, I guess you took full profit at my first line, right?
BenIgnored
DislikedHi guys, there is a pinbar on daily EURAUD.
The pinbar itself looked good, but there is divergence (Chart1)
and when I zoom out, I can see that the low of the pinbar will hit a very strong PPZ (Chart2). So this bar is no go?Ignored
Dislikedthanks mike for your input, and for your encouragement!
I was thinking about to look at IFR orders watch but as you says where are building those order flow right on S/R.......nIgnored
DislikedThe divergence you have highlighted isnt actually divergence, and doesnt really mean what you think it does.....
You should probably do a bit more research into divergence before trying to incorporate it into your trading. Start at http://www.babypips.com/school/diver...eat_sheet.htmlIgnored
DislikedHi guys, there is a pinbar on daily EURAUD.
The pinbar itself looked good, but there is divergence (Chart1)
and when I zoom out, I can see that the low of the pinbar will hit a very strong PPZ (Chart2). So this bar is no go?Ignored
DislikedDarkstar & Gaston...
(Darkstar & mbqb11 - awesome mentor & student, repsectively )Ignored