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priceaction1 journal

  • #741
  • Nov 15, 2014 6:09am Nov 15, 2014 6:09am
Hi priceaction1, I thought you might like to have a look to this old thread

http://www.forexfactory.com/showthread.php?t=193795

Valuable insights there too

Regards
  • #742
  • Nov 15, 2014 8:22am Nov 15, 2014 8:22am
It was Swiss central bank move???
Attached Image (click to enlarge)
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don't predict direction, but dance with flow of water
  • #743
  • Nov 17, 2014 9:36am Nov 17, 2014 9:36am
Swiss is under heavy attack. 100:120 RATIO. some unusual price action is ahead. killer action. play safe or hide in harbor. some time side line is also a position
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don't predict direction, but dance with flow of water
  • #744
  • Nov 17, 2014 1:33pm Nov 17, 2014 1:33pm
Hy, is this chart correct? I also checked other charts brokers but those wicks are not present on many of them.
Am I missing something?
Great job so far ...
  • #745
  • Nov 18, 2014 3:14am Nov 18, 2014 3:14am
Quoting priceaction1
Swiss is under heavy attack. 100:120 RATIO. some unusual price action is ahead. killer action. play safe or hide in harbor. some time side line is also a position {image}

I checked many brokers and none of them have these wicks, so better change your broker.
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  • #746
  • Nov 18, 2014 6:04am Nov 18, 2014 6:04am
Quoting insomniawawa
{quote} I checked many brokers and none of them have these wicks, so better change your broker. {image}
these are inter bank rates. not a broker feed.
don't predict direction, but dance with flow of water
  • #747
  • Nov 18, 2014 8:41am Nov 18, 2014 8:41am
Hey there priceaction1, its been long time since my last post but noticed you have done pretty well, keep it up.

Hello everyone,
In case if some one want to trade like priceaction1, please feel free to check h1 chart on AudCad, quiet a similar setup which priceaction1 trades. Obviously its what I have seen him trade, but he has qualify if this one particular example is correct or not. However, I feel its quiet good irrespective of if this is priceaction1 trader kind of setup or not. I will trade it myself, if people wish they can look at it as how it plays out.
Keep safe & enjoy trading.

AudCad h1
Attached Image (click to enlarge)
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Risk / Trade Management is the name of the Game
  • #748
  • Nov 18, 2014 8:57am Nov 18, 2014 8:57am
Quoting FxSaint
Hey there priceaction1, its been long time since my last post but noticed you have done pretty well, keep it up. Hello everyone, In case if some one want to trade like priceaction1, please feel free to check h1 chart on AudCad, quiet a similar setup which priceaction1 trades. Obviously its what I have seen him trade, but he has qualify if this one particular example is correct or not. However, I feel its quiet good irrespective of if this is priceaction1 trader kind of setup or not. I will trade it myself, if people wish they can look at it as how...
yes it look like my darling setup but what i notice over a time that some time correction part yellow one is almost 100% of main trend. put protection some pips above the start of the move.
the reason behind this formation is " the price move in the direction of trend like a rubber band. and correction is like slow lethargic move. use this simple though and trade it. you can see this pattern in different time frame.
don't predict direction, but dance with flow of water
  • #749
  • Edited 9:57am Nov 18, 2014 9:07am | Edited 9:57am
I trade eur/usd 80-90% time. now my new chart window look like this one. some experiment is under way so far good result for entry point.
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don't predict direction, but dance with flow of water
  • #750
  • Nov 18, 2014 11:58pm Nov 18, 2014 11:58pm
@ priceaction1


Can you eloborate the terms of "romance of 3 kingdoms" with chart.
  • #751
  • Nov 19, 2014 12:44am Nov 19, 2014 12:44am
Quoting FxSaint
Hey there priceaction1, its been long time since my last post but noticed you have done pretty well, keep it up. Hello everyone, In case if some one want to trade like priceaction1, please feel free to check h1 chart on AudCad, quiet a similar setup which priceaction1 trades. Obviously its what I have seen him trade, but he has qualify if this one particular example is correct or not. However, I feel its quiet good irrespective of if this is priceaction1 trader kind of setup or not. I will trade it myself, if people wish they can look at it as how...
update.....
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Risk / Trade Management is the name of the Game
  • #752
  • Nov 19, 2014 3:09am Nov 19, 2014 3:09am
Quoting FxSaint
Hey there priceaction1, its been long time since my last post but noticed you have done pretty well, keep it up. Hello everyone, In case if some one want to trade like priceaction1, please feel free to check h1 chart on AudCad, quiet a similar setup which priceaction1 trades. Obviously its what I have seen him trade, but he has qualify if this one particular example is correct or not. However, I feel its quiet good irrespective of if this is priceaction1 trader kind of setup or not. I will trade it myself, if people wish they can look at it as how...

I must admit that this trade started really impressive, 0.9880 entry price was nearly maximum price and then sudden sell-off. Now it's around 90 pips in profit. I have only one question, where was your initial SL? Above latest top 0.9928 + some pips, so 0.9940?
  • #753
  • Nov 19, 2014 4:47am Nov 19, 2014 4:47am
Quoting insomniawawa
{quote} I must admit that this trade started really impressive, 0.9880 entry price was nearly maximum price and then sudden sell-off. Now it's around 90 pips in profit. I have only one question, where was your initial SL? Above latest top 0.9928 + some pips, so 0.9940?
My SL was 30 pips above 0.9880 that is at 0.9910-15 somewhere & I got pip perfect entry..... but priceaction1 would go for SL above high of original move itself. But I m not trading this priceaction as him but slightly different with mix of priceaction as per my understanding & use of several other things like S&D, Price structure etc etc.
Risk / Trade Management is the name of the Game
  • #754
  • Nov 19, 2014 5:50am Nov 19, 2014 5:50am
it is time taken, once you find your system which fit with your mind frequency it will work for you.
don't predict direction, but dance with flow of water
  • #755
  • Nov 19, 2014 5:53am Nov 19, 2014 5:53am
good call @fxsaint.
hope more to come
don't predict direction, but dance with flow of water
  • #756
  • Nov 19, 2014 8:47am Nov 19, 2014 8:47am
@carbonado this one you can use for s/r.

https://charts.mql5.com/6/267/eurusd...point-of-2.png
don't predict direction, but dance with flow of water
  • #757
  • Nov 19, 2014 9:00am Nov 19, 2014 9:00am
euro daily out look for next few days.
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don't predict direction, but dance with flow of water
  • #758
  • Nov 19, 2014 12:43pm Nov 19, 2014 12:43pm
1.2585-90 with stop around 1.2595- 2602- area.
don't predict direction, but dance with flow of water
  • #759
  • Nov 19, 2014 1:15pm Nov 19, 2014 1:15pm
Quoting priceaction1
1.2585-90 with stop around 1.2595- 2602- area.
it works ,
don't predict direction, but dance with flow of water
  • #760
  • Nov 19, 2014 4:39pm Nov 19, 2014 4:39pm
Quoting priceaction1
@carbonado this one you can use for s/r. {image}
THANKS...................
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