dudest
October 26, 2012, 6:18am
4661
birdcat:
Hello,its been a long time since my last post…
How about you guys?..
Any opinion for this setup? BEEB @ swing high…but its countering the trend.
Hallo,
You have not labelled your chart, but from mine, looks like AUDJPY H4
It is a BEEB yes, but not a trade-able one in my opinion.
Reason: the BEEB did not close in the last 1/3rd of bar in the direction we’d like to trade it.
The long lower tail just does not bode well ( even if it looks like it’s ‘working out’ currently )
Cheers
Hi friends…any one trade this?
I really miss this set up…i think this has formed well …what do you say?
Sorry for messy chart…but 1 thing marked in this chart…which is got my attention…even though it is not mine…
In this chart…one channel resistance is marked…
So what do you think about that…
I have marked that with white box…
So shell we give importance to that levels?along with our horizontal levels?
Or there is no need for that?
Once again…sorry for this chart…
Jaynesh
October 26, 2012, 7:14am
4664
fxsrikanth:
Sorry for messy chart…but 1 thing marked in this chart…which is got my attention…even though it is not mine…
In this chart…one channel resistance is marked…
So what do you think about that…
I have marked that with white box…
So shell we give importance to that levels?along with our horizontal levels?
Or there is no need for that?
Once again…sorry for this chart…
I think you should stick to nice & clean price action, which you were doing before and was working out very good for you
Remember, consistency is key.
Hi fxsrikanth
That trade was a trade that I was itching about, it was with the trend, decent size bars compared to preceding bars, only thing was its close. I like strong close below the previous bar to make it a solid 2bar.
That said, I still wonder though as all the other confluences were in place. :33: Sometimes I dont like being anal about my trades.
OMFGWTF
October 26, 2012, 8:36am
4666
Hi fxsrikanth
That trade was a trade that I was itching about, it was with the trend, decent size bars compared to preceding bars, only thing was its close. I like strong close below the previous bar to make it a solid 2bar.
That said, I still wonder though as all the other confluences were in place. :33: Sometimes I dont like being anal about my trades.
I took it cos it forms a really nice pinbar after combining the two (formed pinbar also closing within the previous candle -> the candle before the 1st of the 2br),
hi jaynesh…yep…u r eright…i will stick to clear price action…
i just ask this for curiosity to know…how our seniors will respond…and more over i want to know weather they give any importance to that or not…
if they give any importance…then it will be helpful for us…other wise… :D:18:
and where r u from?
hi Mr.Johnathon…and my bros…
below i am attaching my 8h and 12h eur-usd charts…
if any one having them…please tell me those r wright or not?(i mean ny close)
alkrav
October 26, 2012, 2:03pm
4670
Hello fxsrikanth and ALL! I’m in this trade on demo, but my broker uses GMT+1 time, timeframe is H4.
hey …i want to check my 12 and 8 hour charts r weather wright or wrong…?
and also ny close…if u have 8 and 12 hour chart…then compare…got it?
if so please help me…
alkrav
October 26, 2012, 2:31pm
4672
fxsrikanth, just wanted to share my setup. Here’s the H8 chart from Pepperstone for you:
BEEB might be forming on eur/aud daily.
hi friend…take a look…even though if bearish PA signal formed…next support is very near…
so if u want to trade that…u need be cautious and must have close look until the trade closed…
walker
October 27, 2012, 7:42am
4675
LOL, blue bird did a dummy spit :56:
bygjj
October 27, 2012, 9:02am
4676
For all PA users, I have a very good setup for you. Im already on this trade because I did the ranging trade. However I saw my trade showed BUEB on the weekly. Any comments.
jui25
October 27, 2012, 12:07pm
4677
I think nice trade & hit your target
Hi bygjj that bueb may push price higher but personally I prefer to sell from the top of a range so not for me.
Thanks
OMFGWTF
October 27, 2012, 1:04pm
4679
Nice I think imma trade this yo.
Hi guys
Please tell me that whether you see a 2Bar reversal on this 4H chart . and should I play the 1-2-3 step system @ 1.30227? when trading this pair since its down trending.