Still waiting for money!

my tp finally got triggered! this is the longest and most profitable position i've ever hold

compression + acceleration right into BRN --> a sign novice trader are coming in? ( if so we should see a short break)

Another price action trader. I am also learning price action trading and would like to join here to know more.

hey brendad!
welcome to my journal! as I've written in the first post i've not much to teach yet but but i'm more we are better it is for learning this staff i think
so feel free to post your analysis!

current open position. Initial SL above the daily pinbar (a bit large maybe, but i'm used to reduce my risk as soon as possible)





possible place to reduce my SL

closed audchf pos early beacuse the circled bullish confluence made me feel uncomfortable with a short.. i used to new demand area formed on 15m to exit from my position

Keep it up buddy. We're pretty much on the same page, as in threads studied/methods used in trading. With perseverance, I believe you'll (We'll) be able to make it.

yeah this is the spirit! yes it's a difficult buisiness but damn i love it.. and yes we'll make it sooner or later.. i'm young so i have all the time i need

audcad forecast:

i think the momen for short is coming! let's see how this candle closes

hell! i missed this!

this would have been easy money.. i'm still studing news trading but i'm starting to like it very much.. here is how i would have played NFP a few minutes ago (i've been too slow for this)

news trading from today: EURUSD & USDJPY

AUDUSD TRADE

closed a little early but i was tired of watching

i decided i'll use this thread only to study news trading. After a good start with this type of trading i left it because of some consecutive losses but now that i practised a little bit more with supply and demand and reading again my previous post i'm convinced about the existence of a precise order according to wich price moves during news release and i really want to explore it. so let's continue

04/04/2014 --> NFP RELEASE

EURUSD --> we are @ demand--> i need a bearish movement to trap traders otherwise all traders go LONG and there isn't enough liquidity for institutions




usd news: postive forecast but negative actual result--> unespected news--> volatility--> bearish for USD--> long bias for EURUSD

type of movements---> to verify!!



in any case, also without looking at news, i can simply enter @ the first of the two levels touched end target the other.

04/08/2014

news and CORRELATION

positive new for GBP--> long GBPUSD, short EURGBP



gbpusd nothing clear



so we look @ EURGBP



and look how we could have used EURGBP to enter in GBPUSD