Anyone catch this pin on the M15? In and out for 45 fairly quick pips. Factors influencing my short: Substantial pin with trend off the 50 fib, closed below 1.6. All is merry and bright!
K.I.S.S.
K.I.S.S.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Hova... this pin bar hasn't failed in my opinion. I'm currently long as well and if it fails... on to the next trade.
Also long NZD/USD on the 2 day pin bar... with added confidence from weekly pin bar. I'll be moving to BE and target set at just below .7300
I'm on demo.Ignored
DislikedAnyone catch this pin on the M15? In and out for 45 fairly quick pips. Factors influencing my short: Substantial pin with trend off the 50 fib, closed below 1.6. All is merry and bright!
K.I.S.S.Ignored
Dislikednice catch , i caught the beob 9 bars later for 40 pips . nice pin developing on EU 15 min chart , your thoughts Roger , cheers GaryIgnored
Dislikedlooking at the attached chart, what would you say to this one ?
Its the EUR/CAD daily chart.
The last candle is today, so oyu could review it on your chart.
The PinBar is on a SwingLow.
Of course im long 10 pips above the PB (demo) SL is almost touched, what to do next ?
Close order and go short ?
*confused*
Do i miss anything ?Ignored
DislikedHey Hova
In my opinion the problem was with going long on that pinbar....Ignored
DislikedThanks 4 your thoughts, i will kepp that in my mind.
My question was, if that was a pinbar you would take and 2 days later you see that BEOB, would you close or partclose ?
best thread on FF btw.
rgdsIgnored
Dislikedlooking at the attached chart, what would you say to this one ?
Its the EUR/CAD daily chart.
The last candle is today, so oyu could review it on your chart.
The PinBar is on a SwingLow.
Of course im long 10 pips above the PB (demo) SL is almost touched, what to do next ?
Close order and go short ?
*confused*
Do i miss anything ?Ignored
DislikedIsn´t it important when the open and close of a candle happens? I think that most of all for the daily timeframe it is very important because if you have different opens and closes you get other signals...
I actually have the same problem. My demo account goes with an european broker where I get different setupts than other ones in this forum.
Is is possibile to setup the open and close in MT4?Ignored
DislikedIgnored
DislikedHi there,
I would like to know your opinion regarding today's cable 4h chart.
From my point of view, it's forming a PB when tried to break a TL coming from October and a bullish regular divergence also from October....
What do you guys think?
I, in advance appreciate your responses...
Thank you and God Bless You ALL...!Ignored
DislikedI dunno man... that yellow trendline is incredibly valid in my opinion....Ignored
Dislikednice catch , i caught the beob 9 bars later for 40 pips . nice pin developing on EU 15 min chart , your thoughts Roger , cheers GaryIgnored
Dislikedwell, here is that yellow trendline in action, and today if anybody traded this "incredibly valid" trendline as a touch trade, you wold have a little over 40 pips thus far.
I, unfortunately, had to work .Ignored
Dislikedwell, here is that yellow trendline in action, and today if anybody traded this "incredibly valid" trendline as a touch trade, you wold have a little over 40 pips thus far.
I, unfortunately, had to work .Ignored
DislikedSorry I'm getting back to you late Gary. I have been out and about since my trade closed on GU. I will not be trading that pin on EU and wouldnt if I had seen it back when it formed. I just dont like that agressive run down in price before the pin formed. What would temp me to trade is if I see the price come back up to the 150 ema and give me a short PA signal that is substantial. I have a line alerter set on 1.4388 now and that might give me a heads up to short. I am only trading with bar confirmation right now. No touch trades at all and lower...Ignored
DislikedNo touches for me right now, not that I'm much of a touch trade guy anyway.Ignored