ct/div setup with round 90.50. stopped out above pin.
hope ppl have better luck than this.
hope ppl have better luck than this.
James16+Rayanmcd(Jan kone) and ME 7 replies
Dislikedct/div setup with round 90.50. stopped out above pin.
hope ppl have better luck than this.Ignored
Dislikedit's funny to see all the J16ers coming to lurk in this thread whenever Ryan makes an appearance. I too, got a little curious when Ryan reappeared, having been frustrated waiting for pullbacks on mega moves that never occur. Spent the last week or so reading up on bill williams, he might be on to something...Risk 22/Reward 143......who says you have to sit out on NFP day?Ignored
Dislikedct/div setup with round 90.50. stopped out above pin.
hope ppl have better luck than this.Ignored
DislikedIgnored
DislikedI took the same for a loss. Looking back on it, it was pretty simple why it turned to be a loss at that. Look at the uptrend on the hourly! Damn man. That's when divergence will get you owned...after news on a really strong uptrend.
2 gains and a loss with this method for today, not bad but no shutout. On higher timeframes, it's golden following the 21 however. I've been trading that way for years and it's primetime...Ignored
DislikedI too got blown out of that pinbar but entered short again @55 and now closed @41 for breakevenIgnored
DislikedIn your opinion, does all the Bill Williams stuff just add more junk to the screen or is it useful? I'm happy with what I know now, but if it's worth it, I'd definitely buy the book and learn the content. Does it go hand in hand with this setup as well?
P.S. mannn, that gbp/jpy trade was badass brother. You do realize that you could probably hold that for a few weeks now...check out the higher TF charts. I didn't have the cojones to trade lol I've been burnt on NFP too many times...like 3.Ignored
DislikedMan, I've spent a good 50 hours on the simulator this week working on my with trend pins and I can tell you guys one thing, when it comes to picking pins right before a deep pull back or trend change, I have a masters degree... sigh...
ah well, I think I'm about a 100 hours in total now for the last few weeks. Hopefully by a 1000 I will wake up a bit..
It all hasn't been for waste though, I've been pondering the thought of to cut or not to cut for a year now, I finally fully understand these two thoughts that I read from two different books....Ignored
DislikedHey dangerboy, it is important to have those time frames up on your screen at the same time if at all possible the 30 sec shows what the 1min is doing the 1 min shows what the 5 min is doing etc...Ignored