DislikedI see guys trading here...Me still waiting for a first valid trade in 2010. Can one become to picky?Ignored
Disliked(depending on your learning curve &/or profit goal)
Careful here, ninreznor..
an inside bar can move in either direction. this IB may be a temporary pause or reversal.
btw, are u comfortable trading the 'regular' PA setups (PB, BEOB, etc) & 4H & up charts already? if not, it is advisable to do so prior trading H1 & below charts & other PA setups like IB's.
Just a small reminderIgnored
DislikedI took the time to draw all my round numbers manually....Ignored
DislikedI took the time to draw all my round numbers manually. It was a real pain, but everyone kept saying the round number indi's were bogging down their computers, so I figured it was worth it.
What I did was draw a white dotted line every 500 pip increment (ie, 1.5000, 1.5500, 1.6000 etc), and then a dark gray dotted line every 100 pip increment.
What I did was first draw all the lines for the entire monthly price range on my broker for the euro, then I saved the template, loaded that template on USDJPY next, and drew the lines for entire monthly...Ignored
I know that you hunt trades around .00 round number but did you notice that .50 round number combined with major weekly and daily's PPZ and Fibs/Trend Line is where you can also find a high % of winning trades ?
DislikedHere is my chart. There is a longer term trendline at play as well with third touch. So waht do we have? Round #/PPZ, 150 ema, third touch of two trendlines am I missing anything? O yeah, let's have some PA as well.