Intraday price action trend trading

Good Day Zoomie

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The setup look correct to me.
Try not to move SL too soon.

most of the pair are sleeping after yesterday big move.
Manage to find one but out with B.E.

Hi JJ7000
I see the buying order. It's at fib 61%
I'm flying to the moon

And another
The SL is no that red line.I've adjusted

Profit taken for GU.
It's like a rubber band effect in this setup.Give nice handsome pips

Meg, thanx for the explaination! there's something to think about
yes, i ment the penant breakout.. but it was the pennant fakeout (the signal to go long,but enrty would be at the close of the last bar )...

wow.. it's too risky play ( for me ) why did you not wait for PA confirmation that correction probably finished? ( i see 2 solid bearish bars and it would be better to wait for the PA telling that correction's gonna be finished ( BUOB(bull engulfing,bull piercing),IB,pin e.t.c)...

hi to all!!

i was looking at the daily chart of the cadusd( rufus i know its probably gonna be again the opposite from ur chart but i would love if u can try help me here)

i was wondering if its a valid short set up on the daily chart.(assuming this is how the chart gonna look in the end of the trading day)
1-its is a corrective move that found resistance at the middle KC
2-its also 38.2% retracement of the last highlow swing,
3-its also support that turn resistance as marked with my yellow line

but there are 2 things im concerned about:
1-demand area right below
2-the 4hr chart KC is not really pointing down(should i even look on that chart or focus on the daily only?)
3-both corrective green bars were a PB indicating buying pressure from the demand area

im not gonna take this trade as im not feeling too comfortable(the demand area scares me) but i want to learn for the future so ANY comment will be highly appriciated.

Megara, thanks for your input on my last trade!!

I think I may be getting greedy here....my current Euro trade. Stop now break-even.

2 legs down, and false downside triangle break. Went long after pin bar printed.

Stopped out break-even. Traded into chop. I should have seen this coming and taken a healthy profit when I could have.

http://www.forexfactory.com/attachme...1&d=1309323718

Meg, you are doing great!! and i just comment your trades, not more..
if you find it usefull i really appreciate it..
look at the picture attached( my view)...

See if we retest lows. Pretty feeble attempt by bulls.

Made low for R 1.5 win.

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As simple as that! Nice trade. Set target and no greediness

Long Euro, momo and inside bar.

Stalled at highs, took profit there.

Thanks Gravi
There're always knowledge from you.Clear and precise.
Looking back thru my entries previously, many are aggressive.
I will improve myself.
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I'm in the 7th month of using Sho's method and had not switch to any except compliment with S&D.

How I feel about this method of trading?

I started with little knowledge about forex and as usual was entice by the billions of liquidity of money.

My very 1st method was THV. From there I learnt pivot, HA candles, Red light, Green light and crossover to buy sell.

Next, was Pivot point crossing from US session,London session,Asian session,S1,2,3,4 and R1,2,3,4

3rd was a mystical method called ichimoku.It seems to me that there are magic behind because it could predict the future. Buy when candles are above cloud, Tenkan cross Kijun and Chikou pop out. Sell when below cloud,Tenkan cross Kijun and Chikou dive down. But I abandoned it bcs I don't understand.

4th was System with Irony by a trader called FEB. He is no longer at FF. But he opened my eyes to the world of tape reading and from there I in search of my quest and landed at the

5th method ,Pure Price Action by Mr.Sho. It was recommended by Priceaction. Along the way I met helpful traders here who are always my admiration for their precision in entry,exit,analysis........and kindness
I could understand the thin bars,patterns,wedges,IB,OB,wick,tail,impulsive,corrective,momentum, fibo are telling something and I'm very very glad I have found the path to the WORLD OF FOREX.

Completed 6 trades today. Didn't manage to capture all the end result but very happy to learn how to fish