Intraday price action trend trading | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MultiTimeFrame Trend Trading with Price Action 242 replies

Any Recommendations on Learning Intraday Price Action Trading 5 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Trend following intraday breakout - my trading journal 11 replies

intraday trend trading with price action 2,063 replies

Attachments: Intraday price action trend trading
Exit Attachments

Intraday price action trend trading

  • #261
  • Mar 3, 2010 1:55am Mar 3, 2010 1:55am
Quoting Milton
I think you enter at the break of the outside bar. What else can you do?
I guess that's right Milton. However, outside bars are generally quite large and that latest GU setup you mentioned would require a stop of 33 pips which is way larger than the 10-12 pips Sho is encouraging us to risk. I'm wondering if it's OK to wait for a partial retrace on inside and outside bars once they have broken to enter at reduced risk.....BUT.....such a retrace would suggest the IB/OB has failed wouldn't it? (I think the whole idea of IB/OB is a breakout from congestion and if it comes back then it isn't good).

I dunno.
  • #262
  • Mar 3, 2010 2:29am Mar 3, 2010 2:29am
eurusd short: closed break-even
  • #263
  • Mar 3, 2010 2:35am Mar 3, 2010 2:35am
Today's performance in the Asian market: 3 wins and 1 loss
It's demo, but I feel that I am gradually getting used to Sho's trading method.

Thanks Sho
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 21 KB
  • #264
  • Mar 3, 2010 2:53am Mar 3, 2010 2:53am
EU + GU very messy today.

Waiting for clearer direction.

  • #265
  • Mar 3, 2010 4:36am Mar 3, 2010 4:36am
Quoting lazyFX
Today's performance in the Asian market: 3 wins and 1 loss
It's demo, but I feel that I am gradually getting used to Sho's trading method.

Thanks Sho
Good stuff, well done.
  • #266
  • Mar 3, 2010 5:48am Mar 3, 2010 5:48am
Quoting Sutts
Good stuff, well done.
Thank you

I've been trying many different methods, but I like Sho's method best.
  • #267
  • Mar 3, 2010 6:12am Mar 3, 2010 6:12am
Quoting lazyFX
Thank you

I've been trying many different methods, but I like Sho's method best.
Hi lazy

do you have to be extra careful when trading asian since Sho said that the liquidity is not as great?
what time do you trade, after japan opens?
thanks.
  • #268
  • Mar 3, 2010 6:45am Mar 3, 2010 6:45am
Anyone else had problems trading since the London open? I've done nothing but mess up today.

Most of the currencies I've been watching have been trapped inside hourly triangles (although impulse moves have still been evident on M15).
Is it best to avoid such conditions?
  • #269
  • Mar 3, 2010 6:58am Mar 3, 2010 6:58am
Quoting Sutts
Anyone else had problems trading since the London open? I've done nothing but mess up today.

Most of the currencies I've been watching have been trapped inside hourly triangles (although impulse moves have still been evident on M15).
Is it best to avoid such conditions?
I have only done one trade today.
Short NZ/USD.
With all the news coming out today, may be wise to stay at the sideline.
  • #270
  • Mar 3, 2010 7:10am Mar 3, 2010 7:10am
Quoting the novice
I have only done one trade today.
Short NZ/USD.
With all the news coming out today, may be wise to stay at the sideline.
What kept you out of everything else please? Was it a lack of convincing impulse moves or something to do with ranging?

I'm trying to learn when to avoid trades like these.

Thanks
  • #271
  • Mar 3, 2010 7:12am Mar 3, 2010 7:12am
Quoting Sutts
Anyone else had problems trading since the London open? I've done nothing but mess up today.

Most of the currencies I've been watching have been trapped inside hourly triangles (although impulse moves have still been evident on M15).
Is it best to avoid such conditions?
same here
  • #272
  • Mar 3, 2010 7:21am Mar 3, 2010 7:21am
Quoting MJurban
same here
Glad I'm not alone, what a horrible day.
  • #273
  • Mar 3, 2010 7:24am Mar 3, 2010 7:24am
Quoting Sutts
Glad I'm not alone, what a horrible day.
hello
  • #274
  • Mar 3, 2010 7:27am Mar 3, 2010 7:27am
2 nice trade with small risk
Attached Image
  • #275
  • Mar 3, 2010 7:28am Mar 3, 2010 7:28am
when you lose post the charts in the other thread
i will have a look.
  • #276
  • Mar 3, 2010 7:30am Mar 3, 2010 7:30am
when you are not sure dont enter .
  • #277
  • Mar 3, 2010 7:35am Mar 3, 2010 7:35am
when days are like today
allways save your ass for next day
what i mean is use very small stop and be picky about your entry.
  • #278
  • Mar 3, 2010 7:36am Mar 3, 2010 7:36am
Quoting trade price
when you are not sure dont enter .
Yes, can't find any entry during news announcement.

only 1 trade before london open, +10p in UJ.
  • #279
  • Mar 3, 2010 7:39am Mar 3, 2010 7:39am
Quoting Buildcity
Yes, can't find any entry during news announcement.

only 1 trade before london open, +10p in UJ.
UJ
there was another inside bar breakout play with small risk about 11:00 o clock bar
  • #280
  • Mar 3, 2010 7:46am Mar 3, 2010 7:46am
Hi guys,

Nothing to play, then do some discussion.
Did anyone use Script to auto move your SL to BE after certain pips being made? Or only manual trade?
1 trader viewing now