- #7,365
- Aug 2, 2013 10:00pm Aug 2, 2013 10:00pm
- Joined Dec 2012 | Status: Trader | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
Disliked{quote} Hi Paraipan, great NFP catch there!However could you enlighten me on the rationale for your UJ short? Have been trying to figure it out but I cant find any supply zone where you took the short, and couldn't identify any bearishness in the PA either.
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Disliked{quote} Hi Paraipan thanks for your reply, unfortunately squint as I might I still fail to see the significance of the blue line. Below is a chart where I identified the only one swing point at the line. I also tried labeling some supply zones. As indicated, wouldn't the lowest supply zone (where your blue line is) have been consumed by the spike such that any shorts would at least have to be at the unconsumed zones above? {image} Hope you don't mind my persistence as I really hope to learn from people who see things on the chart which i fail to...Ignored
Disliked{quote} Hi Paraipan thanks for your reply, unfortunately squint as I might I still fail to see the significance of the blue line. Below is a chart where I identified the only one swing point at the line. I also tried labeling some supply zones. As indicated, wouldn't the lowest supply zone (where your blue line is) have been consumed by the spike such that any shorts would at least have to be at the unconsumed zones above? {image} Hope you don't mind my persistence as I really hope to learn from people who see things on the chart which i fail to...Ignored
DislikedHi guys, Can u comment about this. What did I do wrong ? gold I did buy at a good demand level ( red arrow) . It went up a bit then come down and hit my SL (red line) The same went for my USDJPY trade though it went up around 60 pip. I set my TP at 100 pip for UJ trade. Did I set my TP too greedy or the demand level I draw was wrong? Appreciate all ur comment, especially Julexo and Paraipan. {image} {image} Another trade I'm looking at: {image}Ignored
Disliked{quote} Hey buddy, good charts, took a loss on gold myself ... next time will both pay more attention... Some engulfs on the right direction will help ...
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Disliked{quote} Hi Julexo, thanks for sharing your trades and great trades as usual! I'm trying hard to learn how to read PA, and like to study you guys charts and try to figure out the reasons for entry/exit etc. I am having trouble with your CADJPY trade, if it isn't too much trouble could you help me with the questions in the chart below? {image} Also, how do you usually manage your positions? Do you have a fixed target and hold until that target is hit, or do you have some way of trailing your stop? I'm asking because the news driven spike down in GBPUSD...Ignored
DislikedSome possible trades: {image} {image} {image} Trade I am in: {image} Julexo, I have a question. for the GBPUSD there are 2 supply zone 1.5636-1.5672 and 1.5730ish zone next. Which zone would you consider better to sell or you wait for PA at each zone to determine? Paraipan, what do you think about the chart? Which zone are u followingIgnored
Disliked{quote} All good buddy, good levels u got there, also short EU ... will see ...Ignored
Disliked{quote} hi, pound hit daily dem thats why I left orders open....we never know...the level supports pa or not...thats why you have to trade 1:3 RR....or higher....one level fail not worry than go for another....don't change all plan by one fail level....Ignored