Price Action Info

This is a discussion on Price Action Info within the Forex Net Trap forums, part of the Specialists' Corner category; Originally Posted by surferking PS: I limit my trading/chart watching hours online to 8am-9am 1pm-2pm and 10pm-11pm and intend to ...

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Old Jun 1, 2011, 9:37am   #25
 
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Re: Price Action Info

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PS: I limit my trading/chart watching hours online to 8am-9am 1pm-2pm and 10pm-11pm and intend to keep it that way since there's too many other good things in live to enjoy.

Although at the moment, much of the time in between has been spent reading up on price action but I expect that as my investment in knowing WTF I'm doing all the time.

Aiming to make many less trades now and be much more selective in looking for the highest probability signals and R:R methods. If I can make a second salary of just 4-8 trades a month I think I'd prefer that to the daily scalping. I'm sticking with Net Trap but everything needs to earn its keep so I prefer to hedge my bets too.
Good Lad !!
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Old Jun 1, 2011, 1:58pm   #26
 
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Re: Price Action Info

robjones started this thread Look at this classic M set up you could of got in early on the pin bar with a tiny SL missed it myself been a few I missed 2day oh well

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Old Jun 2, 2011, 8:53am   #27
 
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Re: Price Action Info

Hiya Rob, great 'M' trade at 09:00hrs yesterday on Gpb/Usd for around 100pips plus. I tried to attach chart but to no avail. I LOVE the strat'
Many thanx.
ps How do you attach the charts?
David
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Old Jun 2, 2011, 8:54am   #28
 
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Re: Price Action Info

Well, that was strange. But I don't know how I did that?
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Old Jun 2, 2011, 10:26am   #29
 
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Re: Price Action Info

robjones started this thread Fair play nice 2 see someone else posting on here Im going to start demoing the pin bar system also 2day that i mention in post 1.

1st trade EUR/USD closed +25.

Ill need 3 consecutive profitable months to trade with real cash, what I like about WM and PB is they are flexible I can do whatever and trade it to suit me especially WM that is 24/5 over any timeframe 15min and above

Might miss a few things while demoing the two as long as the ones i catch are good who cares.

Not really live trading at the moment sitting on fence with NT and demoing WM & PB waiting for EA to come out with AFFX so only trading A+ set ups on daily timeframe which I havent had yet this week. Oh and gaps the virtual money printing machine on Sundays
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Old Jun 2, 2011, 10:52am   #30
 
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Re: Price Action Info

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Fair play nice 2 see someone else posting on here Im going to start demoing the pin bar system also 2day that i mention in post 1.

1st trade EUR/USD closed +25.

Ill need 3 consecutive profitable months to trade with real cash, what I like about WM and PB is they are flexible I can do whatever and trade it to suit me especially WM that is 24/5 over any timeframe 15min and above

Might miss a few things while demoing the two as long as the ones i catch are good who cares.

Not really live trading at the moment sitting on fence with NT and demoing WM & PB waiting for EA to come out with AFFX so only trading A+ set ups on daily timeframe which I havent had yet this week. Oh and gaps the virtual money printing machine on Sundays
Yeah, agree to the above but personally don't trade less than 30min TF. Am live trading and LOVING it as, like you say, I can trade hours that suite my hectic lifestyle.
David
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Old Jun 2, 2011, 10:58am   #31
 
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Re: Price Action Info

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Yeah, agree to the above but personally don't trade less than 30min TF. Am live trading and LOVING it as, like you say, I can trade hours that suite my hectic lifestyle.
David
Each to there own my friend but just take a look when you get a chance they are on every TF, I use mainly 15 & 30 mins but have been tempted at 1 & 4 hr as well

Nice 2 get something positive back not everybody has loved this I wish others would come and comment on it (I sent a good few copies around)good or bad dosent matter to me Im not selling it just trying to help people who are stuck in the mechanical system rut really clearly not everyones cup of tea
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Old Jun 2, 2011, 11:03am   #32
 
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Re: Price Action Info

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Each to there own my friend but just take a look when you get a chance they are on every TF, I use mainly 15 & 30 mins but have been tempted at 1 & 4 hr as well

Nice 2 get something positive back not everybody has loved this I wish others would come and comment on it (I sent a good few copies around)good or bad dosent matter to me Im not selling it just trying to help people who are stuck in the mechanical system rut really clearly not everyones cup of tea
Am guessing you are SEVERAL years younger than me. And the15min is to fast. I like the longer TFs so I can dare to leave the screen to make a cuppa
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