Price Is Everything - Lets Focus on Price and Swings - Page 2
Page 2 of 4 FirstFirst 1 2 3 4 LastLast
Results 11 to 20 of 34
  1. #11
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29

    Default Audjpy d1

    Took this trade because price was unable to break above the resistance and formed an inside Pin Bar. A bit risky setup. But no risk no gain. I would jump up on this trade on 15th of this month but I missed the opportunity. As I've came up with the idea of this new naked trading from yesterday, I am going to jump into it now. Risking 0.20% and RR 1:2.
    Name:  audjpy-d1-e-global-trade-3.jpg
Views: 287
Size:  35.7 KB

  2. #12
    tonyro44 is offline Superior Master Contributor and Member
    Join Date
    Jan 2009
    Location
    las vega nv usa
    Posts
    920
    Well your taking a good risk on this one incipious, although i would wait until the Au news come out in about 3 hrs from now, then decide which way you want to go.QUOTE=incipious;779299]Took this trade because price was unable to break above the resistance and formed an inside Pin Bar. A bit risky setup. But no risk no gain. I would jump up on this trade on 15th of this month but I missed the opportunity. As I've came up with the idea of this new naked trading from yesterday, I am going to jump into it now. Risking 0.20% and RR 1:2.
    Name:  audjpy-d1-e-global-trade-3.jpg
Views: 287
Size:  35.7 KB[/QUOTE]

  3. #13
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29
    Quote Originally Posted by tonyro44 View Post
    Well your taking a good risk on this one incipious, although i would wait until the Au news come out in about 3 hrs from now, then decide which way you want to go.
    Actually right now I'm only focusing on TA. Not giving priority to the news. I want to see how only TA based strategy ends up. I'm willing to risk 30% of my account for this strategy. If I'm hit by that drawdown, I'll quit this strategy and will include some more filters like news events and FA. But to be honest, I'm not good at FA. Thanks for your opinion.

  4. #14
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29
    Quote Originally Posted by incipious View Post
    Another trade setup found and jumped right into it.. As it's in lower time frame, I'm going to risk only 0.15% and 1:2 RR on this trade setup. Confluence with 61.8 and a pinbar.
    Attachment 90482
    Hit by SL.. 0.15% loss.

  5. #15
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29

    Default Eurusd h4

    Got into this trade because there was a engulf pattern and also there was a pin bar. Taking 0.25% risk and 1:2 RR on this setup..

    Name:  eurusd-h4-e-global-trade.jpg
Views: 209
Size:  38.2 KB

  6. #16
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29

    Default Nzdjpy

    This pair is ranging from last January 2016. Just figured out it formed a pin bar and engulf candle. Risking 0.25% on this trade and 1:1.4 RR, I'm going for a long placing stop below the pinbar.

    Name:  nzdjpy-d1-e-global-trade.jpg
Views: 188
Size:  43.1 KB
    Last edited by incipious; 07-28-2016 at 05:27 PM.

  7. #17
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29
    Quote Originally Posted by incipious View Post
    Executed my second trade. Risking 0.25% of my equity. RR is 1:1.58 on this trade setup. Let's see how this ends up..
    Attachment 90469
    increased the TP from 1:1.58 to 1:3. Because it seems the price is more likely to move further downside. Once it moves 1:1, I'll put my SL back to BE.

    Name:  usdjpy-h4-e-global-trade.jpg
Views: 216
Size:  34.0 KB
    Last edited by incipious; 07-28-2016 at 06:04 PM.

  8. #18
    Join Date
    Dec 2013
    Posts
    11
    Quote Originally Posted by incipious View Post
    As price is everything, let's focus on price, support and resistence, and bias. I'll be posting my entry exits as well as analysis on price action and confluences. You also feel free to share your thoughts and also your analysis. Together we can make it right.

    Most mistake trader makes are they are not consistent. Consistent at making trades I mean. Most of them give up after executing few consecutive loss on a specific strategy. I'm also not an exception from this. But from now I'll try to focus on market on daily basis. I've also dedicated a cent account for testing my entries and exits because demo is something that doesn't gives psychological pressure.

    A lot of thing to talk about but let's start posting trades. I'll update this introductory post later.
    I am excited about this thread. I mostly swing trade using price action and S/R. I would love to learn fron others that do the same. Looks like you found a lot of good setups today.

  9. #19
    Join Date
    Dec 2013
    Posts
    11
    What do your red boxes signify? S/R?

  10. #20
    Join Date
    May 2015
    Location
    Does it really matter?
    Posts
    29
    Quote Originally Posted by Gibs View Post
    I am excited about this thread. I mostly swing trade using price action and S/R. I would love to learn fron others that do the same. Looks like you found a lot of good setups today.
    Welcome to this thread. I'm also learning and trying to implement different concepts in trading. Please feel free to post your charts as well as setups with us..

    Quote Originally Posted by Gibs View Post
    What do your red boxes signify? S/R?
    Those are actually both S&R. I mark those to identify potential S&R easily by looking at a glance.
    Last edited by incipious; 07-29-2016 at 03:49 AM.

Forum Sponsors

Similar Threads

  1. Replies: 2
    Last Post: 02-18-2014, 03:41 PM
  2. Replies: 13
    Last Post: 09-19-2013, 07:18 AM
  3. Main Focus on BoE and ECB Rate Decisions
    By ACMforex in forum The Analyst Arena
    Replies: 0
    Last Post: 02-05-2009, 09:34 AM
  4. Replies: 0
    Last Post: 10-12-2007, 06:00 PM
  5. Replies: 0
    Last Post: 06-11-2007, 05:50 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"If it is to be it is up to me."
Origin Unknown