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Attachments: my system of 20 pips
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my system of 20 pips

  • #841
  • Oct 13, 2014 4:29am Oct 13, 2014 4:29am
Testing the neckline of the double top
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  • #842
  • Oct 13, 2014 5:11am Oct 13, 2014 5:11am
Quoting FXAction
{quote} Dotman ;I hope you are not sleeping. {image}
I have sent you pm, thanks
Only Jesus Saves
  • #843
  • Oct 13, 2014 5:27am Oct 13, 2014 5:27am
My EURUSD Chart, getting my 20 pips and more.
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  • #844
  • Oct 13, 2014 5:33am Oct 13, 2014 5:33am
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  • #845
  • Oct 13, 2014 5:56am Oct 13, 2014 5:56am
FXACTION,
Man, how do you enter your trades? I've seen it before with your examples and now with the Aussie. This hook could have gone lower. I was waiting for the hook test the 0.87 S/R level and to long it from there. You entered before even the first bullish bar of the current upmove. This is amazing what you do!
  • #846
  • Oct 13, 2014 5:57am Oct 13, 2014 5:57am
Hi FxAction,

Just a question regarding ur AUD/USD trade...had u been trading Tokyo session would u have entered a buy on the candle marked on the chart..the consolidation is broken by the huge candle before the marked candle. I am trying to learn the breakout method too.

Regards
Attached Image (click to enlarge)
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  • #847
  • Oct 13, 2014 5:59am Oct 13, 2014 5:59am
By the way, I am watching the current level (AUDUSD).
  • #848
  • Oct 13, 2014 6:00am Oct 13, 2014 6:00am
Quoting ponchofx
Do you guys think this could be traded on the way up to test the untested S/R (there is a gap there too) or wait till it gets there and short it? {image}
CADCHF is bearish. Any thing it might do on the upside, if any is a retest. its destination is 0.84000
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  • #849
  • Oct 13, 2014 6:03am Oct 13, 2014 6:03am
Quoting FXAction
{quote} Samuel, I hope you are exploiting this {image}
Fxaction i missed that but i got this. Hope am correct but i am having problem setting my take profit level. Hope to learn that well.
Attached Image (click to enlarge)
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  • #850
  • Oct 13, 2014 6:05am Oct 13, 2014 6:05am
Quoting dennis4u15
Hi FxAction, Just a question regarding ur AUD/USD trade...had u been trading Tokyo session would u have entered a buy on the candle marked on the chart..the consolidation is broken by the huge candle before the marked candle. I am trying to learn the breakout method too. Regards {image}
I dont consider any session. What I consider is valid set up
  • #851
  • Oct 13, 2014 6:11am Oct 13, 2014 6:11am
Thanks FxAction,

Yes ur entry looks much better as it has a higher TP level...Just have to see why my entry was not good...

Regards
  • #852
  • Oct 13, 2014 6:14am Oct 13, 2014 6:14am
Quoting Samuelkanu
{quote} Fxaction i missed that but i got this. Hope am correct but i am having problem setting my take profit level. Hope to learn that well.{image}
great, but don't be deceived, but i think on the long run the pair has unfinished business on the upside. Were u at any time, studenet at ACSS Awomamma?
  • #853
  • Oct 13, 2014 6:20am Oct 13, 2014 6:20am
Quoting FXAction
{quote} great, but don't be deceived, but i think on the long run the pair has unfinished business on the upside. Were u at any time, studenet at ACSS Awomamma?
No i did not attend school there. I went to F.G.C Okigwe. I want to know how to set the take profit well.
  • #854
  • Oct 13, 2014 6:23am Oct 13, 2014 6:23am
Quoting ponchofx
FXACTION, Man, how do you enter your trades? I've seen it before with your examples and now with the Aussie. This hook could have gone lower. I was waiting for the hook test the 0.87 S/R level and to long it from there. You entered before even the first bullish bar of the current upmove. This is amazing what you do!
I entered at retest. You may not understand unless you acquire the esoteric knowledge of chart pattern reading and analysis
  • #855
  • Oct 13, 2014 6:40am Oct 13, 2014 6:40am
Thanks to all the mentors, especially to Fxaction in this thread, i think i have manage to get the trading idea and its perfect for me!

I managed to trade AUD/USD and bagged over 70 pips today!
Attached Image (click to enlarge)
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Price Action Always Tell The Truth
  • #856
  • Oct 13, 2014 6:42am Oct 13, 2014 6:42am
Quoting verjanso
Hi FXaciotn, I have a suggestion. Now there are many ppl who want your direction including me. Why not just open a new trading system thread so that we can all discuss there. i know you must get a lot of PMs and have difficult to reply them because of the limit . How about a new active thread where we can discuss the accurate thread. This is cate's trading journals and if we discussing about your mentor's method then ppl will get confused. No offense is meant by this...I am just looking forward to learning the system with your guidance. Cheers,
Dear Verj, I understand you. But as I told you earlier on that the rig ours of managing large portfolios will not permit me to administer what obviously will become a high traffic thread. I just used this avenue to open the eyes of folks, to know that there are possibilities that can make one become a millionaire. These last post, possibly will be among the last as I will once more devote my attention, once more to vigorous trading devoid of any distraction
  • #857
  • Oct 13, 2014 6:48am Oct 13, 2014 6:48am
I will strive to develop the skill of chart reading because I really don't understand. You entered in the middle of a cluster on a no PA candle above recent Support area + BRN 0.87. This is really out-o- the-box thinking which apparantly is rewarded
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  • #858
  • Oct 13, 2014 7:00am Oct 13, 2014 7:00am
Hello Here,

I am reading this thread with big interest. THanks to all.

I am not a big fan of PA cause its seems easy to see pattern on historical, but its another problem to trade them on live. Sometimes price react to a precise price sometimes not.

But FXAction seems to make good trade.

Unfortunatly, i see lot of same patterns sometimes works sometimes dont, and i dont really understand exactly when and why he took the trade.

Anyway thanks for sharing.

Green pips to all,
Bottomless wonders spring from simple rules, which are repeated without end
  • #859
  • Oct 13, 2014 7:02am Oct 13, 2014 7:02am
Quoting ponchofx
I will strive to develop the skill of chart reading because I really don't understand. You entered in the middle of a cluster on a no PA candle above recent Support area + BRN 0.87. This is really out-o- the-box thinking which apparantly is rewarded {image}
There is a setup there that has been explained in the material of this thread. Look at the attachments, look at the posts, look at everything.
Your job is that of a detective. Analyse all the evidence and form an opinion.
A pip is only worth it if you know how much you risked to earn it
  • #860
  • Oct 13, 2014 8:02am Oct 13, 2014 8:02am
Picking pips becomes a stroll in the park. I will bull again if present level is broken
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