priceaction1 journal

...subject to price action confirmation, this is my juiciest potential setup for next week. Enjoy.

@litechild can you more specific regarding entry, stop and target.???
regards.

...thats where the lower timeframes come in...

Damn... found this thread from other thread.
Subscribed to this thread... looking forward to read more from you

That is a young but promising journal which covers many of my tastes: Price Action, lower timeframes (but still considering the daily) and not many indicators. I will have a daily look at this journal. Keep it up and good luck!

a good view about euro/usd. a must read for me. sive morten from forexpeacearmey.

http://www.forexpeacearmy.com/forex-...25-2014-a.html

sive morten view about gold.

http://www.forexpeacearmy.com/forex-...25-2014-a.html

1.3510 area is interesting keep eye on it. look last Friday inter bank 5m bid/ask chart.

...another grade A setup I've been tracking... depending on price action confirmation, I'll either be adding more positions @ 7935 or close out all and look to reenter again at 7970 - 7980.

thanks to http://theskyisthelimit.se/

A great lesson of patience, persistence and hard work can be learned from the story of planting Chinese bamboo. Unlike most other plants, Chinese bamboo is quite unique on its own. When this bamboo is planted, watered, and nurtured for the whole growing season, it does not outwardly develop even just for an inch. Then, on the next growing season, the farmer must continue to irrigate, fertilize and care for the bamboo tree and yet nothing happens – it fails to sprout just the same.

And as the seasons go in and out, the farmer has to continue caring for the bamboo for four consecutive years. What could really be discouraging is the farmer has nothing substantial to demonstrate for all of his labor in caring and growing the tree. Four lonely years of hard work and caring and yet you have nothing!

And then on the fifth year, you must be prepared for something so amazing and incredible!

All the hard work seems to be paid off on the fifth year because that Chinese bamboo tree seed at last grows and not just growing as we normally see with other plants. The bamboo tree shoots up to more than 80 feet all in just one growing season! Now, that is a very astonishing demonstration of the power of nature!

Now, you might be thinking: Did the small tree loll inactive for four years and then just decides to grow dramatically on the fifth? I think the answer is quite clear for us to see. The little tree was actually developing itself underground by expanding its root system to make it tough enough to sustain its impending external growth in the fifth year and even beyond.

Now, had the tree failed to build up a strong and able underground foundation, it would be impossible for it to keep on growing when it is time to sprout outside into the outside world.

This story is very much true in rearing our beautiful children. As parents, we have to patiently exert efforts in teaching and disciplining our children for them to develop right values and to adopt strong character while at the same time defeat many difficulties and different challenges.

If that Chinese bamboo farmer dug up his little bamboo seeds each year just because he is curious or wants to make sure it was growing or what, he could effectively stopped the tree’s growth. There are times when we demand our little children to sit still and behave and be patient but big lessons can be deeply taught once they are demonstrated in actions and not just in words.

as per my view in cable long entry. with protection at BE.
https://charts.mql5.com/5/257/gbpusd...g-point-of.png

nice entry,
would you mind explain the reason behind that entry

daily candle formation. and cci 14

Thank you, its very simple
I see that you are trading high leverage, I think with high leverage your stops cannot be that large
Do you still use high leverage in that entry? If yes may I know where is your stops

no not in this trade it is 1:50 and stop is at BE. if trade goes as per view will add more but don't want to take high risk at this point. actually buy and stop loss lines are at same level in the charts.

out at BE.

thank you again, good luck to you

that's why no major position take in euro/usd today just scalping for some pips but noting meaning full. as stated in post no 270 and 271 doji is not a reversal signal alone. confirmation is required. so we still need clear confirmation.
side line is also a position.

Red news for AUD and USD tomorrow should start off volatility for the week... AUDUSD setting up nicely...subject to price action confirmation of course...

euro , I was looking morning star formation but Monday close was not decisive and it will weak the case of bulls. let see today we test 1.3570-80 area or not.