your English is fine, Sir.
please keep on posting.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedOn EU we have a BEOB @ 1.30
I just see a BEOB with Div.. but no more confluence..
Os.Ignored
DislikedHey Os,
H4 BEOB, right?
what kind of div?
lot of wood to chop around 1.2900 - 1.2960. i would want to see a 'hot knife slicing thru butter' scenario through that area, if i were trading this.Ignored
DislikedI really think I'm gonna make it even though the reality is that I have never had a winning trade since last Fall
But one thing for sure I am not overtrading anymore!Ignored
DislikedHey Os,
H4 BEOB, right?
what kind of div?
lot of wood to chop around 1.2900 - 1.2960. i would want to see a 'hot knife slicing thru butter' scenario through that area, if i were trading this.Ignored
DislikedHI James and other senior members,
thanks a lot for all the informations provided here. I get a lot of knowledge from this thread. I was having trouble with entries and after i waited long enough for good setups now I manage to get good entries but i am not sure how to manage it properly after entering so that I can make profit out of it. the trades that I enter goes for about +50 to 80 pips most of the time but i end up sl, break even of with 10 or 20 pips.I have a question regarding exit and trade management. lets say we enter a standard lot...Ignored
DislikedKancha,
it looks like you're really getting the right mentality.
Since finding this thread, I have begun to relax immeasurably.
This week so far has been a massive success for me: No trades at all!
Some may say that's a failure to make a profit, but I don't think so. I'm really happy about it.
I see it as going into my third consecutive day of big wins!
MichaelIgnored
DislikedHi Adilius,
...
I am new to this thread but have been researching for years and work in an Investment bank in IT.
....Ignored
Dislikedok wots the score!!?? you can read the future yeah!? lol
the beauty of PPZ http://cdn.forexfactory.com/images/s.../yim/happy.gif
..Ignored
DislikedSomething instinctively stopped me from trading this pin bar, and I'd like to be sure what it was.
Was it the momentum of the preceding bar? The traffic just beneath?
Or just fear?
Any input would be much appreciated
MichaelIgnored
DislikedHello Adilius, thanks for your comment.
I have 4 different trading styles now , 3 systems for daily, and 1 for 4hTF.
and for your question , my answer is yes, I ve used 2 systems on live about 6 months now(another 2 systems are still on demo)
For live trading, I use PA&authorized bar with trend system ,which I introduced a little in my last post.
My main system is 4h PA&authorized bar trading system, and I use daily PA&authorized bar trading system for the next(because as you see in my EURUSD chart in my last post, there are not so many oppotunities...Ignored
DislikedIf you compare it to the previous bar it looks small, remember bars are just representations of price movement split by arbitrary time slices, so it looks like just a retracement from a big move up.Ignored
DislikedHi Adilius,
Simply not over trading doesn't mean you will be successfull....Ignored
DislikedThank you Chris for your post. Yes, when I was initially analysing my mistakes I thought so too. Not A+, not perfect shape, however on the like 10th circle (analysing same printed out losses) it dawned on me that yes all errors seem really clear after fact..unfortunately.. and same is with wins too, when you look back on any chart how beautiful all those pins and buobs right? Now try and choose one in real time and things will be very different ...Ignored