The Price Action Thread

Inspired by Julexo I will try to post some PA charts and analysis.

We can see the big boys are throwing a stake party before Draghi speech tomorrow and JPY inflation rate after.

I didn't catch the drops just 25 pips on gbp/jpy retracement.

Closed on 23.6 as you can see demand area respected.....

was a good trade cause I had 8 pip s/l and 25 pip t/p more than 1/3 risk reward ratio

Guys feel free to post your own chart and analysis but please stick to PA

What will happen in this supply area?? Shall I short this??

Upmovement is strong, I will short this but with tight s/l and will move it to break even.

I believe in a breakout up but will still try to manage some pips till 23.6 or 38.2 fibo ( depending on the pullback show )

What are your toughts on this?

just some scalping... but my broker charges 6 pip spread on this instrument....

sl 20 pip tp 20 pip 1/1 risk reward but this one will do it most probably 38.2 already wearing out of sellers... much buying power on gbp pairs lately..

next visit on 38.2 will most surely break it

let's see and learn

Does anyone here use price action without as much reliance on a chart and indicators? More using a chart to source data, analyze it using a spreadsheet?

small long on eur usd... have nothing to do will scalp

Mistakes I did : entered too much high therefore reduced my Reward and increased my risk ( smaller tp´, higher SL) and I entered market while it was hot...

update:

guys feel free to post your own chart and analysis let's all learn together... even bad trades are good to be posted let's learn with mistakes


edit: I've put sl to be

stopped at be... ( bad entry)

Entered again top supply must be visited again if market is to move

Why do the topic not continue ?

Begin today, I am leaning about this thread, so hope you support for me ! Thanks all !