GBP/NZD
a bearish PB on weekly would help ...
a bearish PB on weekly would help ...
james16 Chart Thread
- #117,741
- Sep 7, 2012 2:59am Sep 7, 2012 2:59am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
- #117,742
- Sep 7, 2012 3:04am Sep 7, 2012 3:04am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #117,743
- Sep 7, 2012 3:09am Sep 7, 2012 3:09am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
[quote=brzvadeg;5992453]Attachment
AUD/CHF
well, i see it a little different ...look on the big picture, the uptrend is still in play
AUD/CHF
well, i see it a little different ...look on the big picture, the uptrend is still in play
- #117,745
- Sep 7, 2012 3:13am Sep 7, 2012 3:13am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #117,747
- Edited 3:59am Sep 7, 2012 3:36am | Edited 3:59am
- | Joined Jan 2010 | Status: Seeker | 372 Posts
Hmm...I hate myself now 
I got out at h4 closed below...ehh...I think that putting sl, be and checking trade only on daily close works for me best
On one polish forum in price action thread were (maybe even are) a lot of followers "put and leave" method...you take trade, put tp i sl and just don't look at trade
Because emotions can destroy it....
I got out at h4 closed below...ehh...I think that putting sl, be and checking trade only on daily close works for me best
On one polish forum in price action thread were (maybe even are) a lot of followers "put and leave" method...you take trade, put tp i sl and just don't look at trade
Because emotions can destroy it....
- #117,748
- Sep 7, 2012 3:54am Sep 7, 2012 3:54am
- | Joined May 2010 | Status: Trader | 1,100 Posts
It wasn't a bad setup to take . . the S/L was pretty tight on this one, which was good. Daily Close Confirmation would have kept you out. It could have easily gone in your direction but it didn't . .that is also good information to take from this as well.
How often (percentage wise) would you say that you use the DCC for your trades compared to touch trades off the levels ?
Cheers
Dan
- #117,749
- Sep 7, 2012 4:32am Sep 7, 2012 4:32am
Bamm!! .to the pip! . love it . .get use to it, my friend . .
Oh gosh it feels so good when you go to BE...
AUDUSD: entered on H4 close above 1.0288 LCS - without close confirmation, I shouldn't do that anymore. Will trail my SL on H4 according to PPZ.
Should I delete pending? I'm never sure what to do, when price didn't hit my order...
That's actually my plan for GBPJPY. It just arrived at a minor level that has been visited multiple times and probably lost some strength. But it may still have some left to push price down to my entry (green line). If it works out like expected price will go up from there again, revisit the minor level and break through it into space. But well, theory and practice are two different things.
Thanks J16, Sam Seiden, Udine and Jacko
LOL. I hope I will never get used to this feeling.
Great job, patapouer!
For me it depends on what's above (in case of a long trade). If the level from where price retraced is strong, it may stand against my entry and I rather stay out. But if the level is a minor one, price breaches it and there's space above - that's when a retrace to my entry has a good chance to work out.
That's actually my plan for GBPJPY. It just arrived at a minor level that has been visited multiple times and probably lost some strength. But it...
And when staff just made itself problematic - get the hell out - or ask Jarroo what to do thanks
- #117,753
- Sep 7, 2012 5:16am Sep 7, 2012 5:16am
lol nope I got it fixed. Off for the weekend for a wedding. NOT MINE
caps lock kicked in, yo !I'm at a wedding today, too
Second one in a month! ... and i was the best man on the previous one 
maaaan...
"NOT MINE" hahahaha
I'm at a wedding today, too
Good luck (to you and Mike) with picking up some bridesmaids 
- #117,755
- Sep 7, 2012 5:36am Sep 7, 2012 5:36am
On one polish forum in price action thread were (maybe even are) a lot of followers "put and leave" method...you take trade, put tp i sl and just don't look at trade
Maybe you are at the same wedding
I'll tell you how he is doing with bridesmaids if i see him there haha! He gotta travel 10 000kilometers first lol !
Yeah, but how do you manage according new information coming in, then?
Hmm...I think that you have to believe that your speculation is right - if something unexpected will happen -this is why you have sl... Well I don't know - I can't imagine trading without moving sl to be
- #117,757
- Sep 7, 2012 6:13am Sep 7, 2012 6:13am
Well, if his jet isn't broken - then I see no problem
Hmm...I think that you have to believe that your speculation is right - if something unexpected will happen -this is why you have sl... Well I don't know - I can't imagine trading without moving sl to be
You got to learn how to do these things first, of course.
In the end it's your choice
Nothing wrong if you're happy the other way!
- #117,758
- Sep 7, 2012 6:19am Sep 7, 2012 6:19am
The Mighty Mo (momentum) that's inherent in a PA setup when its at its proper location (Bullish PA at a Swing Low) and a decent size (relative to current bars) can be awesome . .which is at the heart of this Thread.
. Checking trade before work this am, price to FTA, risk reduce per trade plan.
- #117,759
- Sep 7, 2012 6:39am Sep 7, 2012 6:39am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
classic james stuff ! Pattern that (almost) always work ...All the beginners and amateurs should stick to it
- #117,760
- Sep 7, 2012 7:58am Sep 7, 2012 7:58am
- | Joined May 2010 | Status: Trader | 1,100 Posts
nice Donkey
classic james stuff ! Pattern that (almost) always work ...All the beginners and amateurs should stick to it
Only when I started reading Jarroo's posts and implementing his methodology - hcr/lcs etc - have I began to build confidence in trading.. still got a long way to go and im not consistantly profitable yet but hopefully I will be .. one day.
Cheers
Dan