Two day DBLHC breakout. Plan for this trade is if price breaks the 8300 line i wouldnt want to see it go below the 8280 mark. Target is the 8400 line as that was a major PPZ.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedTwo day DBLHC breakout. Plan for this trade is if price breaks the 8300 line i wouldnt want to see it go below the 8280 mark. Target is the 8400 line as that was a major PPZ. {image}Ignored
Disliked{quote} With you in this one. But entered on the break of almost DBLHC. (1 bar earlier)Ignored
Disliked{quote} Hey guys. Obviously, you two have much more experience than I do, but isn't that trade going against the main trend, going into traffic, and also quickly heading into a S/R level at 0.8350? That trade seems to have a great deal going against it. Where am I going wrong? Not criticizing. I just want to learn.Ignored
Disliked{quote} Hey guys. Obviously, you two have much more experience than I do, but isn't that trade going against the main trend, going into traffic, and also quickly heading into a S/R level at 0.8350? That trade seems to have a great deal going against it. Where am I going wrong? Not criticizing. I just want to learn.Ignored
DislikedHere's a trade I could maybe have managed better. GBPJPY, my first weekly. I entered on the break of the pinbar marked, 4 weeks ago, and ended up exiting the following week on the retrace of the first doji. I had followed my stop up pretty close as I didn't want to see all those pips disappear. {image}Ignored
Disliked{quote} Don't beat yourself up, we all do that... as long as the trade was positive, its the only way to not let a winner become a loser esp. when you are starting. i also exited that trade right about where you did. But that was my target, so... wherever price goes after that did not bother me much. one thing i have realised in my trading journey is to set a target for a trade. when price gets there, i get out. (or at least move to BE). i have missed some very good runners, but that's the stage i am in and it has built my confidence. regards Dinta...Ignored
DislikedThis pair has broken above its inverted head and shoulder pattern on the back of last weeks rally. We will be looking to establish longs in this pair on signs of reversal for a move towards the 0.95 region. please opinion {image}Ignored
Disliked{quote} Thanks for your reply! You're right in that the most important thing is that I came out on top. This is what I'm getting stuck on at the moment - to try and bag runners, or to set smaller targets. I have been running the former for a few months now - last month I left a good few hundred pips on the table with this method ( trades going 50pips in favour, before retracing for BE or tiny profit ). I'll continue with this method for the rest of this month, and think about setting FTA targets, for example, next month. At least with demo I can...Ignored
Disliked{quote} Hi B, I was about to write a very nice after-the-fact analysis, mentioning one of Jarroo's trade management (move SL below the bar that broke), but then… you know… critics based on hindsight are far from constructiveThen, I have had something else in mind for quite few months now. It all started when I was gaining interest in 60minuteman's "H4 power" strategy. I really made me thinking hard, as his strategy uses support and resistance as well, but in a slightly different...
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Dislikedoff on a small vacation to some warmer weather till sunday you all behave and trade smartMike
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Dislikedhello traders! a little experiment with this trade) merging at one point MA, fibo 61,8% and 92.0 levels. reversal pattern in addition. but as for me is too bearish pulsebeat as for retracement and FTA strong and too close. so wondering what will) {image}Ignored
DislikedHi guys, GBPUSD - Nice pin is forming on D1. On h4 it is already there, and also Insidebar. Possible entry on H4 1.6630, SL: 40 pips, TP: 110 pips {image} any thoughts? Thx, HGIgnored
DislikedHi guys, GBPUSD - Nice pin is forming on D1. On h4 it is already there, and also Insidebar. Possible entry on H4 1.6630, SL: 40 pips, TP: 110 pips {image} any thoughts? Thx, HGIgnored
DislikedHi guys, GBPUSD - Nice pin is forming on D1. On h4 it is already there, and also Insidebar. Possible entry on H4 1.6630, SL: 40 pips, TP: 110 pips {image} any thoughts? Thx, HGIgnored