This pair i will tend to wait & watch in the side for it to give me some clear signals. Patience Guys.. MY sell order got triggered yday & got trailed out 10+ pips..
Lets wait for the moment, there is always chance to re-enter to the position..
AUDJPY 10*1 If the Retest is successful with lower top, we can see a good Risk Reward Trade.. {image} {image}
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AUDJPY 10*1
This pair reached its count level yday with 3-4 pips of the target call of 98.50..
Am also learning to manage the trades & improve my skills, but its the skill that can be mastered with experience.. Trades like these gives me new experience to learn..
Be careful, my friend. GU has overextended market selling structure. With no more sellers left, price might shoot north.
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Exactly BIGA.. Thts why am waiting in the side & i will let the price give me the direction.. I dont jump in between the price.. There is always chance to re-enter.. Yday my order got triggered after analyzing the chart tday i got trailed out.. So i stand aside..
{quote} Exactly BIGA.. Thts why am waiting in the side & i will let the price give me the direction.. I dont jump in between the price.. There is always chance to re-enter.. Yday my order got triggered after analyzing the chart tday i got trailed out.. So i stand aside..
Hi , I hope that will be a useful thread
when you enter in the position , can you explain please , do you trade on the breakout and the rebound , is these simple trend lines ? how we get the excel chart , which time frame we use?
Hi , I hope that will be a useful thread when you enter in the position , can you explain please , do you trade on the breakout and the rebound , is these simple trend lines ? how we get the excel chart , which time frame we use?
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Welcome Tarik, Sorry for such a delayed response got busy by the end of the year... Let's us all prosper in this year.. Tarik i suggest u read the book mentioned in the post 1...
I basically trade with trendlines & signals developed from those trendlines with good Risk-Reward.. You will be taking positions when there is breakout as well as rebound.. So dont get fixed on particular style.. Be flexible.. I dont belive in taking many trades & coming out barely profitable or break even.. Patience and good money management is the key which will reap u benefits in this method.. It's a simple & robust method where anyone can learn provided if u can spend some quality time reading the book..
Back after my one week of festival period..
Some of them were asking me how to install this P&F charts..
I will explain with snapshots & update it in Post 1 by this week..
Lets see what the charts are telling us been away from the market for sometime now..
Hi Guys, very sorry that i couldnot keep with the promise, been busy with work.. I didnt have access to charts for posting also..
If someone can post the charts i can always reply to the charts..
let us all grow together..
Peace..
Geez, I am so glad to come back to P&F. I used to get amazing results analyzing EU intraday. I tried it on gold intraday & just couldn't get it right.
Caldera, thanks for the effort with software.
Guys, not to take away from your great effort with software, but to offer another option. I used to use the beta version of Cute P&F which is free. Unfortunately you can't use the drawing options in the chart window. It draws instant P&F in real time.
Geez, I am so glad to come back to P&F. I used to get amazing results analyzing EU intraday. I tried it on gold intraday & just couldn't get it right. Caldera, thanks for the effort with software. Guys, not to take away from your great effort with software, but to offer another option. I used to use the beta version of Cute P&F which is free. Unfortunately you can't use the drawing options in the chart window. It draws instant P&F in real time. http://www.forexpnf.info/mt4-point-a...pnf-indicator/ Looking...
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Hi Frank, Glad for ur reply.. Hope u can post some charts analysis, currently i dont have any chart access thts y i could not post any analysis..
yes i did try this indicator but it slowed my computer & stopped using it...
Once i get my personal laptop i will be glad to share the analysis..
Welcome to P&F grp.. Let's grow together..
oanda and stockcharts offer p&f charts online trade interceptor is a trading platform with p&f charts but you can't change the settings for them
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Ninja Trader platform also provides P&F charts with real time update and u can use a demo accnt with fxcm..
It's good but it has small mistakes, which can be identified if u have good understanding of P&F..
U can still use it..
