Hi everyone, I’m new and ready to get rich!
Here is my 5 minute chart, my first steps and there must be price action somewhere inside. Will find it eventually! If you can, so can I! (I understand I may not get it right the first time though)
:53:
Joking lol don’t kill me 
Seriously though, I am new, sort off, I tried FX few years ago, I lost a little over half of my small live account and still have other halt to play with it now and use it as a test drive. I gave up on FX, I to was suckered into playing micro moves. I was actually break even, but one expert went crazy over night while I was sleeping and lost me about 60% of small live account. Lol crazy old days That’s when I gave up on experts and soon after on FX.
But now, after several years I accidentally stumbled on to this board and method and I just know I love it before I even tried it, it just makes sense, I love higher time frame and clean price action idea.
I’m not quite new to markets and TA though, since I do trade stocks for several years. And I found myself shifting there from hourly to daily to weekly charts! I was wondering, does anyone use this PA action method on daily equity charts? I was eyeballing 500 charts (all SP500 stocks) and I found some past (in a hindsight) possible trading candidates. Just curious if anyone is trading regular markets with this PA. I’m considering trying out once I get better feeling for method since that’s where my money is.
I have read first 500 posts (50 pages) and I’m now going through last 1,000 posts (100 pages) - wanna catch up with current FX charts, I’m inpatient :-), then I will go back and read additional 1,500 posts and hope I will gather enough knowledge that I will not need to bug you guys too much (I understand questions are welcome, I just want to do some of my part first before I start with questions about this method)
That being said I do have one question now, that probably was not answered already. I like to know/understand why’s.
I understand the pin rule, that pin’s body need to be part of previous candle, but does anyone happen to know why it can’t be outside previous body? I’m asking, because form TA viewpoint, it is even more (hmm struggling with English words) isolated pin is like island reversal it is even more prone to reversals. Not arguing mind you, just trying to understand what is the rationale behind this rule.
Also, part of the reason for posting chart beside my joke is, I wanted to see if candlesticks can be seen clearly enough with that background that I like or should I change background to something lighter when posting here.
Anyway, so much for my introduction, new here, glad to be here, I love the idea, I will pull up my old live account just for this one, I’m planing to understand and adopt this method and maybe even try to implement it to general stock market if successful. If not I just may do FX trades more serious some time in the future. Maybe. Now back to learning
Oh, one more question if this one is not out of the line here? My plan was to eventually, once I get good basic knowledge here and I see I can adopt it successfully enough, my plan was to eventually go to Jonathon site and pay for the course. Why not it is not that much and if it will really help me… But if I understood one of old post, are there two courses that you pay each of them? If so, is it OK for this forum rules if someone would tell me (or PM me) what is the price of second, advanced course? (I’m not quite sold to idea to start trading FX seriously, I really like stock market, and if I will not be able to successfully implement this method to the stock market it may not be worth the cost, just to play with FX)
