Johno
after studying this thread for a while & following you & all the seniors & reading your articles at FSO & watching all the videos. I have decided Iām joining FSO this coming week. I donāt want to be left behind NO SIR
At chisha , you will not be left behind, because your dedication to learn and go forward with Passion will not aloud .that.
Hello traders, I wanna complimentary that from today Iām member of FSO.
Thanks Tonyro44!!
Thatās cool, Iāll see you on the other side in a few days.
Guys this thread is going too fast and if I want to make it to FSO I need to make some money first
Can anyone care to give me a second opinion on post522628 page 1108 ?
and also what is a 2bar reversal ?
thanks
IMO thats more an indecision bar on daily and not a PIN because of the lower wick. So a nice strong up move to resistance and now traders not sure where its going or some profit taking before weekend. The previous bar stands out more than the indecision bar together with the other factors makes it a big NO trade for me.
Just my opinion
Well EternalNewB. Iāve lost thousands in a single trade before. Thatās like 10 times the FSO fee Really, Iād rather spend those money educating myself.
And my newbie opinion on your chartsā¦
EUR/JPY - Thatās a tiny tiny tiny little candle. Itās not a pin bar, but even if it is, [I]size[/I] does matter. Choose one that is large and obvious.
GBP/JPY doesnāt have any signals that I can see. If youāre looking at the last candle, again itās very tiny.
EUR/CAD actually looks good.
HI
Iāve a question .we spotted a trade on gbp/jpy . I remember mr johnson said (not very sure) that he doesnāt trade monday morning till the European market opens .
correct me if Iām wrong ,so we shouldnāt place the pending orders during the asian session and we should wait until Europe market opens and then we place the orders.
is that correct ?
Thanks
Thank you for your answer I however donāt have a thousands let alone to trade with in forex, all I had was 300 usd that I could afford to lose.
of course I could have bought my FSO membership but then I wouldnāt have had any capital to trade with so I opened a forex account with the money and planning to slowly grow it to get my FSO membership
You know trading is not a one size fits all, you need to call the shots as you see it. There are times that the Asian market opens with strong news and it starts strong for a while, however most times that market is slow. So if you feel strongly about the pair in question, i donāt see why not place a pending order on the Asian market. I for one donāt like to use pending order, but if i am not going to be around the computer, i will then use them. Everything has itās use at one point or other.
Panupat, could you tell me why you think EUR/CAD looks good, please?
In my opinion EUR/CADās pin bar is to small/tiny/ Aka the candle itself, the wick is somewhat decent length
I would not consider it as a good PA signal.
Great Job!! Although i cant say i agree with all the setup you took but yes! most of them! i hope i can join you guys soon!
Cheers!
Jack
This is the beauty about trading, itās like looking at a picture, everyone sees something in it that stands out to them. That is why threads like these are so important, because it brings allot of different talents to the table and it becomes a win win situation for all. Great job on your trading chisha, itās nice when things come together.[ QUOTE=jackson905;522742]Great Job!! Although i cant say i agree with all the setup you took but yes! most of them! i hope i can join you guys soon!
Cheers!
Jack :)[/QUOTE]
[/QUOTE]
Well said
Its not with trend, its certainly not in a range. Therefore, its not an A+ signal.
Hey abc,
I like your analysis, and thanks for coming back to me on that.
Thereās one key point you missed though, one that cuts across all setups.
The setup must close in the last 1/3rd of the candle in the desired direction. That is, it must show resoluteness / strength.
In this case we have BULLISH pinbar. The original H8 candle has open and close near the MIDDLE of the candle >> does not inspire confidence that price wants to go long. Compare with the (MOD), and note the difference.
.
He said that he doesnt trade monday [B]intraday/B trades. However if you found a [B]DAILY[/B] signal on friday, you certainly can put pending order if the spread is not huge
Gd job with the Mod, ill probably trade that haha