DislikedThis meets my standards.
I would also be willing to bet money Mr. Mike would agree with me....Ignored
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Many choose unhappiness over uncertainty.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThis meets my standards.
I would also be willing to bet money Mr. Mike would agree with me....Ignored
Dislikedso far, so good. I would say it's a hard break. Moved my stop to 8950, I think the 89 should prove good resistance against a strong retracement.Ignored
Dislikedso far, so good. I would say it's a hard break. Moved my stop to 8950, I think the 89 should prove good resistance against a strong retracement.Ignored
Dislikedhey Dan, theres your hard break buddy, I would have taken this also if was trading.i was pretty sure we wuld see 1.45 on the eu/us and it got blown away, i think 1.50 is the next stop for this pair??which doesnt say much for the us/chf!
maybe we get a retrace of the us/chf bar, to the break as its is a new low from that point is in order. Some PA there would be nice lol...Ignored
DislikedNice Dan
How you defined your TP because it is on all time low on my Data Feed i canīt find any places where i can put my TP.Ignored
DislikedSome clarification on that trade may be useful.
Price pulls back to the trendline so I am looking for a confirmation signal and I get a hammer right on previous support - 200 MA- no brainer IMHO.Ignored
DislikedPrice pulls back to support and 150 ma and a hammer.
I know why you call it a "no brainer". I didn't take this trade as I have no brains.Ignored
Dislikedso far, so good. I would say it's a hard break. Moved my stop to 8950, I think the 89 should prove good resistance against a strong retracement.Ignored
Dislikedhi traders..
did anybody trade this Pinbar?
if you have where is the best entry point?
apperciate your help in advance.Ignored
DislikedHi Chlam
I'm not a big expert myself, but with the little exp I have, I've learned not to trade against the tendency, wich made my success rate rise quite a bit.
The week/daily chart shows clearly that it is on a up move, so I would never go short on that based on the daily chart, unless it was something very very obvious, wich it was not the case.
I hope that helps.Ignored
DislikedHey Chlam
Your chart is pretty great for your first one!
A few points to go off what you got above me here. We are in a very large box of consolidation(red rectangle). The 1.00 is a very very major area and important round number and it is play the mid point PPZ. The FTA I marked on my chart. Your real real close with this one, so way to go
Welcome to the thread
MikeIgnored
DislikedShouldn't you have placed the stop below the pin - you'd still be in if you had.Ignored
DislikedYes. That is what I am thinking about now. Really.
But again how to hold it? Avoid setting targets and move SL along the way (behing swings)... Something like this I should do, I think.Ignored
DislikedYes. That is what I am thinking about now. Really.
But again how to hold it? Avoid setting targets and move SL along the way (behing swings)... Something like this I should do, I think.Ignored
DislikedI know how you feel - It's the ones I miss that upset me most - I can live with the losers.Ignored
DislikedAs soon as I saw you chart and that you were stopped out at BE I thought of Trader_Dante's Making Money thread on T2W. Have you read it? If not I would recommend itIgnored
DislikedHi Dan, yes. I got through about 45 pages of that thread.
In my opinion it is exactly J16 but without Breakeven and less PPZ
I like the way he trails though. That is something I need to think about.Ignored