Disliked{quote} Hi GB, Would you mind explaining a little bit of your analysis behind this trade please? Many thanks JohnIgnored
Undisciplined, impatient and unruly. Don't follow me kid.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Hi GB, Would you mind explaining a little bit of your analysis behind this trade please? Many thanks JohnIgnored
Disliked{quote} Hey John. This pair had recently rejected 0.77000 area combined with the BEOVB of 17th April a few bars back which i consider to still be a valid signal as that bar has not been broken/breached higher as yet. I was also alerted to a possible reversal at this level by a doji formed on the H1 chart a few bars back. This was my simple analysis. There is strong resistance above which is probably stopping this upward moving pair from going higher. Maybe not the best pair to trade at present.Ignored
DislikedUSD/CHF M30. Surely it can't be this simple?! PB rejecting BRN 0.9600 level and 365 ema. See how she goes. {image}Ignored
DislikedEUR/USD H1. 1st target hit. BE free trade from here. About time for price to take off i reckon. {image}Ignored
Disliked{quote} Hi, In situations like this, when you martingale, why not set SL for both orders in the middle of their enty levels (around 1.0600) = BE for both trades? Im in a trade, eurusd, that looks pretty much the same :-/Ignored
Disliked{quote} Hey Kan. Thanks for your question. Not sure if i'm understanding you fully, but i set 2 orders. 1st order takes profit when it hits first trouble area/traffic. Then i move to BE. From there, free trade, but.....no matter what, i've banked appx 30 pips profit. Then, the idea is that the 2nd order will go for gold and bring the veggies home. Like the trade i'm in right now below. Not sure if that answers your question friend? Best wishes, G. {image}Ignored
Disliked{quote} ok, I understand. I was just looking at your eurusd where you had a sell order that went wrong and you put in another sell order (as it looks like on the chart). The way eurusd has gone the past hour I guess you are out of that trade successfully. I like your trade setups. Your last example usdchf was nice. I have been programming EA's for a while but I always seem to get back to this forum and the PA strategy trading manually. Pretty hard to code a PA EA.Ignored
DislikedCHF pairs moving. Was away so could not catch them. Easy pips , Guitar good job mate.. {image} {image}Ignored
DislikedIt would be great to see a couple of live trades from Jim and Mike. Does anyone agree? C'mon old timers!. . Ignored
Disliked{quote} Would be amazing for some of us new guys on that note anyone got an opinion on NZDUSD daily chart?Ignored
Disliked{quote} Yep. Jim and Mike, lets see some real time trades! If your students are doing it here, so can you. YL. That pair looks problematic at the moment. I am staying away until PA shows me where it wants to go.Ignored