intraday trend trading with price action | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MultiTimeFrame Trend Trading with Price Action 242 replies

Price Action at Major Support or Resistence (Horizontal) - For Intraday Traders 179 replies

Intraday price action trend trading 10,404 replies

Any Recommendations on Learning Intraday Price Action Trading 5 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Attachments: intraday trend trading with price action
Exit Attachments

intraday trend trading with price action

  • #481
  • Feb 17, 2010 7:36am Feb 17, 2010 7:36am
Quoting trade price
always risk first.
see the chart
is any one can see the chart?
Hi Trade Price, any chance of a bigger picture pretty please
  • #482
  • Feb 17, 2010 7:39am Feb 17, 2010 7:39am
Quoting pa18
Hi Trade Price, any chance of a bigger picture pretty please
it wasnot my picture.
it was iaks.
  • #483
  • Feb 17, 2010 7:40am Feb 17, 2010 7:40am
Quoting trade price
always risk first.
see the chart
is any one can see the chart?
Thankyou Sho. Starting to get my thick head to work!
  • #484
  • Feb 17, 2010 7:44am Feb 17, 2010 7:44am
Quoting mjurban
i have to leave now, birthday party , c u all tomorrow, bye
enjoy your self mju
  • #485
  • Feb 17, 2010 7:47am Feb 17, 2010 7:47am
Mmm am I blind today? What did I do wrong anyone?
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-02-17_2138.png Size: 45 KB
  • #486
  • Feb 17, 2010 7:57am Feb 17, 2010 7:57am
Quoting pa18
Mmm am I blind today? What did I do wrong anyone?
as a bigginer first learn how to manage the risk.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-02-17_2138.png Size: 48 KB
  • #487
  • Feb 17, 2010 8:24am Feb 17, 2010 8:24am
Quoting trade price
as a bigginer first learn how to manage the risk.

Thanks Sho, let me worry about my own risk

How are my entries? Can indicate which are the the impulsive and corrective waves please?
  • #488
  • Feb 17, 2010 8:27am Feb 17, 2010 8:27am
Quoting trade price
read my post #467 first then look at this chart
Sho, here's my confusion.

1. The bar prior to the marked signal bar had closed above the lower keltner line. The signal bar close was higher than its open. Would you not be considering an early long entry?
2. After these three long bars, you get a short bar which penetrates the lower keltner line, but closes above it ( this is the one marked as your short entry candle). Given that the previous 3 bars were long, and the close of this bar, would you not take a long here?
3. How important is it to observe the touch of a keltner line and the bar close. I ask becoz in the earlier parts of the thread when you were discussing keltner lines as s/r, you were using similar examples to help in entry.

Thanks for your lessons.
Pardy

Thanks
Pardy
  • #489
  • Feb 17, 2010 8:35am Feb 17, 2010 8:35am
Quoting trade price
eventhough i made money i am felling guilty because
i entered late .
my stop loss was bigger.
i chased the market.
entry was late thats why lost few pips.

do you understand how important to follow the rule.
as a trader if you dont follow the rule.even if you make money you should feel guilty.next time dont do that.
remember this trade was a lesson for you guys
Great post.
  • #490
  • Feb 17, 2010 8:43am Feb 17, 2010 8:43am
Quoting pa18
Thanks Sho, let me worry about my own risk

How are my entries? Can indicate which are the the impulsive and corrective waves please?
good.
  • #491
  • Feb 17, 2010 8:44am Feb 17, 2010 8:44am
Quoting Pardy
Sho, here's my confusion.

1. The bar prior to the marked signal bar had closed above the lower keltner line. The signal bar close was higher than its open. Would you not be considering an early long entry?
2. After these three long bars, you get a short bar which penetrates the lower keltner line, but closes above it ( this is the one marked as your short entry candle). Given that the previous 3 bars were long, and the close of this bar, would you not take a long here?
3. How important is it to observe the touch of a keltner line and the bar close....
can you post the chart ?
  • #492
  • Feb 17, 2010 8:48am Feb 17, 2010 8:48am
http://cdn.forexfactory.com/attachme...1&d=1266411413

I was just referring to your chart.

"Sho, here's my confusion.

1. The bar prior to the marked signal bar had closed above the lower keltner line. The signal bar close was higher than its open. Would you not be considering an early long entry?
2. After these three long bars, you get a short bar which penetrates the lower keltner line, but closes above it ( this is the one marked as your short entry candle). Given that the previous 3 bars were long, and the close of this bar, would you not take a long here?
3. How important is it to observe the touch of a keltner line and the bar close. I ask becoz in the earlier parts of the thread when you were discussing keltner lines as s/r, you were using similar examples to help in entry.

Thanks for your lessons.
Pardy"
  • #493
  • Feb 17, 2010 9:12am Feb 17, 2010 9:12am
Quoting Pardy
I was just referring to your chart.

"Sho, here's my confusion.

1. The bar prior to the marked signal bar had closed above the lower keltner line. The signal bar close was higher than its open. Would you not be considering an early long entry?
2. After these three long bars, you get a short bar which penetrates the lower keltner line, but closes above it ( this is the one marked as your short entry candle). Given that the previous 3 bars were long, and the close of this bar, would you not take a long here?
3. How important is it to observe the...
why long?everything on the downside.i dont see a single point to go long.
see the chart now
if i go long it is against the momentum. i dont trade against the momentum.

sho
Attached Image (click to enlarge)
Click to Enlarge Name: point.GIF Size: 23 KB
  • #494
  • Feb 17, 2010 9:24am Feb 17, 2010 9:24am
momemtum (impulsive moves) is the key.
kelthner act as support and resistant when you will trade with the momentum.
i dont trade against the institutions order flow.eventhough i will wait few days for a signal.
if you trade,sometimes you will make some but you will lose in the long run
sho.
  • #495
  • Feb 17, 2010 9:34am Feb 17, 2010 9:34am
Hi Cho,
You work hard teaching, your patients is appreciated. Examples are compiling to give good picture of your methods. Keep going.
  • #496
  • Feb 17, 2010 9:56am Feb 17, 2010 9:56am
Quoting trade price
FOR YOU
Sho, you are master of PA http://cdn.forexfactory.com/images/icons/icon14.gif

BTW, Will you check higher timeframe for direction (say base on H1), main chart as M15, and done the entry & exit by M5?

Cheers
City
  • #497
  • Feb 17, 2010 9:58am Feb 17, 2010 9:58am
Quoting trade price
momemtum (impulsive moves) is the key.
kelthner act as support and resistant when you will trade with the momentum.
i dont trade against the institutions order flow.eventhough i will wait few days for a signal.
if you trade,sometimes you will make some but you will lose in the long run
sho.
Thanks Sho,
Makes sense now, esp the point about keltner acting as s/r when trading with momentum.

Regards
Pardy
  • #498
  • Feb 17, 2010 10:03am Feb 17, 2010 10:03am
Quoting pa18
Thanks Sho, let me worry about my own risk

How are my entries? Can indicate which are the the impulsive and corrective waves please?
check out the chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-02-17_2138.GIF Size: 21 KB
  • #499
  • Feb 17, 2010 10:04am Feb 17, 2010 10:04am
Quoting Buildcity
Sho, you are master of PA http://cdn.forexfactory.com/images/icons/icon14.gif

BTW, Will you check higher timeframe for direction (say base on H1), main chart as M15, and done the entry & exit by M5?

Cheers
City
i use only one time frame for entry exit and trade management.
you can try.
  • #500
  • Feb 17, 2010 10:07am Feb 17, 2010 10:07am
Check this out from today

Attached Image (click to enlarge)
Click to Enlarge Name: 100pips.png Size: 56 KB
6 traders viewing now