K
kenobi
thousand posts allready!![]()
Congrats TD with this excellent thread!
with all due respect, out of these 1000 post you mention, there are probably about 3 posts that are worth it.
thousand posts allready!![]()
Congrats TD with this excellent thread!
with all due respect, out of these 1000 post you mention, there are probably about 3 posts that are worth it.
with all due respect, out of these 1000 post you mention, there are probably about 3 posts that are worth it.
with all due respect, out of these 1000 post you mention, there are probably about 3 posts that are worth it.
Hi all,
Last couple off days i had one big profit trade and two smaller loss trades.
Luckely the profit was bigger than the two losses![]()
Here is a new trade i took, short on the hourly GBPUSD.
I saw a pin rejected from a trendline, a pivotline and from a 61.8 fib line.
How much more confidence can you get right?![]()
The first chart shows the whole fib. retracement, the second chart is more zoomed in.
I shorted it one pip below the pin, stop is still above the pin.
Reas
Hi Reas and all,
These could be good too, maybe.
Though there may not be enough momentum in the second eye to send it up.
I think would like to see 0.7210 broken , then maybe look for a pull-back and sneak a stop in somewhere under the 23.6 fib perhaps?
Thoughts anyone?
Best Regards,
Neil
Any thoughts on the above pin bar forming at the moment? The price has since fallen past the left eye.
Order to open at 16442, 52 point stop
Tafita
Which three ?
dd
Tafita,
I saw this setup too. Seems ok, my only concern being that the pin's body seems to me a little longer than a classic pin (as I understand it) and is aligned with the middle of the body of preceding bar, rather than nearer its low. Will wait and see if it triggers.
Tafita,
I saw this setup too. Seems ok, my only concern being that the pin's body seems to me a little longer than a classic pin (as I understand it) and is aligned with the middle of the body of preceding bar, rather than nearer its low. Will wait and see if it triggers.
I have taken a long trade on a 2 hr pin on USDCHF (see attached chart). Would be interested in views on this.
Good trading,
NT
Hi TD (Boss)
Its been over two weeks , i couldnt watch the market. I got tied in my MBA Final exams, two subjects with case study really hectic, moreover my office moved to london (oops, cant check chart so often), i would prefer to stick to higher timeframe as i could spend sometime in evening checking for setup in the charts.
Anyway will be posting again with more queries if i have any
Glad to see your thread crossed over 100 pages and has got useful information on every page except 3 posts(it includes this post)
Good day, & Goodluck Trading
Fxbee
Hi Reas,
I took exactly the same setup for exactly the same reasons at exactly the same price!!
I've moved my stop to +22 which is just above the last hourly bar.
I don't want to compare anything, i just want you to ****e or get off the pot after several pages of BS. But at least I openly state my methodology.
Poll ? Just do something ! Nobody cares if its EURUSD, Crude or Google. it'll be crap anyway so just get on with it.
My thoughts exactly on the Eur/Jpy setup. It is alright but not perfect. Is it worth risking money on a less than perfect setup? That's down to the individual trader. I personally wouldn't.
Nordtrader, your Usd/Chf has supportive confluence. You have an ascending TL on the hourly and a firm bounce of the 61.8. See chart 1
You also have a basic S/R pivot. See chart 2
However, what I don't like about this market is the choppy price action. I find trading in this kind of market is difficult because the "noise" often takes you out even if you are right in the direction you anticipate the market to move.
As a result I wouldn't have taken this setup. That is just me and I am very particular![]()
I was stopped out on this just now for +33 pips.
Net profit after overnight financing was £57.30
The highlighted box in the chart attached shows the range of each bar is contracting. When this happens there is often but not always a sharp move. As a result I put my stop just above the last inside bar.