DislikedHi Mike
Could you tell me which brokers have daily close at 5pm est please
CheersIgnored
I use fxpro for my daily charting
Best
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Mike
Could you tell me which brokers have daily close at 5pm est please
CheersIgnored
DislikedHere is a PA setup I observed on the GJ and GU pairs, both happened at the S1 pivot point today. I'm going to post the image for the GU setup.Ignored
DislikedI have taken profit on the GU setup. Still eager to hear everyone else's exit strategies. For this 1HR setup that was entered at S1 and also Scaled Into again at the 50% fib, I have exited at the daily M3 pivot which is also a 161.8% fib extension of today's move and pullback.Ignored
DislikedHow much time have you spent looking for A+ setups on the daily and weekly Ertorque?
How much time have you spent trying to be super super conservative?
How much time have you spent trying to be an mbqb11?
I have repeatedly mentioned in my posts that the "IPB" is an advanced concept. It ain't any license for more free money. If you don't get that straight you're in for a horrible awakening...
An IPB just like any other PA bar is only an "excuse" to enter the market, what's important...a lot more important is the big picture.
We've...Ignored
DislikedPeople who are so afraid of having a losing trade will fail as traders....Ignored
DislikedPeople who are so afraid of having a losing trade will fail as traders. You can't possibly have a 100% win rate, and if you cannot handle a losing trade to the point that you over-analyze every losing trade that you take, you will ultimately fail.
One of the most frustrating things in this thread is when an A+ trade fails, and everyone starts trying to find a reason why it failed. lol!
LOSING TRADES IS PART OF THE BUSINESS, DO NOT FREAK OUT IF ONE OF YOUR TRADES FAILS.
You will make money, and you will lose money. As long as you are hitting...Ignored
DislikedPeople who are so afraid of having a losing trade will fail as traders....Ignored
DislikedThe issue is that a lot of losses people take are either unwarranted or they NEED to learn from them b/c they don't have as solid of a foundation as you. So we have to understand them from both regards.Ignored
DislikedOh I understand this, believe me.
But Mike you know better than me that a lot of what you know now is just pure instinct....Ignored
DislikedHey Ghous,
Your post is telling me that this IPB in subject (hereinafter known as "the said IPB") is too small compared with, in your own words the huge oncoming fast train. Yes I am aware of how important PA bar size is together with other confluence factors. But my learning materials on IPB are solely those coming from you Ghous. So those are what I used as yardsticks when making a decision. Believe me your example charts stick to my head like bees to honey
Let just start with looking at the size of the said IPB compared with your examples...Ignored
DislikedDon't let this crowd out your learning process Cprao,
contact me via pm with any specific questions and we'll personally handle your concerns.
g.Ignored
DislikedA micro-view on the H1. That's what we expect on daily, don't we? Well, we shouldn't be surprised of an upward movement, it's all the same with these IBs though I'd prefer going down..Ignored
DislikedI'm looking at that too but i'm wondering why your 150 ema is below and mine's above?
365 in green. 150 in yellow on mine.
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