Aaah, ok.
But you’re still brave (as a person )
Did you remove your pending orders? Have seen price has dropped away to the underneath support zone.
Cheers
Aaah, ok.
But you’re still brave (as a person )
Did you remove your pending orders? Have seen price has dropped away to the underneath support zone.
Cheers
Nice trading and management!
Cheers!
Unfortunately my AUDJPY and NZDJPY got stopped out this morning and it really stings as I prematurely entered before daily candle closed.
I am really pissed at my self but you live and learn and better to learn these mistakes with smaller lots than when i have a bigger account and bigger lots.
Hey chisha!
Another mid-range setup.
Only worse is that CADJPY D1 has several levels that price could turn ( e.g see 94.00 not far below the BEEB )
Would rather only take a trade from the top & bottom of the current range.
.
Yeah, always better to wait for candle to close
On to the next setup!
Super key level there! Also the bottom of the range.
Would have liked to see a bigger, more convincing pin though.
All the best if you’re in!
Cheers
Hey Kas!, long time no speak
I think the level was great! ( low of range + BRN ). I would have liked a bigger pin though ( stick out more )
'Tis going up nicely though, and GBPCAD’s another high volatility pair.
All the best!
Cheers
.
Hey Frosty!
Great trading on the EURCAD! You stuck to your plan and took available profit [ and smartly, may I say, what with the buffer and all ]
Also scoping out EURAUD and GBPAUD with you.
Nothing for me on EURJPY I’m afraid; the BEEB formed right above my KHL
Cheers!
Having spec MT5 charts + extra periods is also really kul, huh?
Increases the possibility of having more A+ setups per week/month
There’s more than enough to profit great from.
Cheers
Nah got taken out at BE. Once it got down to the same minor level that you also marked (I had mine a little higher) I moved to BE and got taken out. Still no loss and gave my trade a chance to do the business.
[QUOTE=sworksmax; 99999]
Thank you Jonathan!
[/QUOTE]
Hehehe
Before coming on this thread ( about 3 months after I started learning forex ), I’d gone through a couple of sites and forums, and was trying to piece things together.
This includes Niall’s free info [ never could get what a ‘fakey’ is <perplexed> ] and the behemoth James16 thread on FF [ couldn’t see the wood for the trees!, too many ideas and PA methods floated around ].
Then I came across a PDF doc having info on the pinbar, and a big light came on! This looked like a way I’d love to trade. I digested it and tried applying it to my trading, though without much success [ fake charting (Etoro) + didn’t have info on support/resistance and KHL’s ]
Between then and losing alot of my personal savings :/, I came on to BabyPips and another light came on :). Tried out a couple of the systems on here ( some were pretty kul, and work for those who ‘feel’ them ). They also made me realize simpler is better ( ‘simple’ doesn’t mean ‘easier’, just means structured and straight to the point, without twisted complexities ). I also did the BabyPips school, a real eye opener as well ( that’s where I got how to properly use Fibs, for e.g )
Then finally, somehow, while searching for something on Babypips (don’t remember what now), came across Johnathon’s first post, and hoozah!, I knew I was home ( clear direction right there in black and white ). Made sure I read all the posts before posting ( somewhere on Page 11 ), and there began the final putting together of the pieces.
This method won’t work for everyone ( it doesn’t have to, there are near infinite ways to skin the forex cat ). But it has worked for me, has opened my eyes even to see more than was laid out in the thread. And for that I’m very grateful to Johnathon.
As the days have gone on, I’ve come across alot of positive and negative sentiments towards Johnathon + this thread ( won’t regurgitate it here ). Truth this: you’ll get out of this thread whatever you are looking for. The truth is: you don’t even have to join FSO. If you ACTIVELY read through the posts ( making NOTES and cross-referencing CHARTS and just good ol’ CHART TIME ), everything is laid out here. How do I know? Because my notes show how to handle setups, entries, exits, market structure, even trade management. All before joining FSO. I joined the thread HUNGRY and drank in gulps the insights that were shared on here. You’ll get out what you are looking for.
Lastly, some have also expressed dissatisfaction at the ‘restrictive’ nature of the thread [ i.e, Johnathon’s insistence on sticking to the core setups + method ]. This is very necessary and a plus => because of this, you CAN see the wood for the trees ( i.e, you can see the BIGGER picture ). And when you see the BIGGER picture, you see other setups/patterns that you incorporate into your own trading ( that’s what sight + chart time does ). You will ‘see’ things, and from there make up your own brand of PA trading. But the core principles (setups + method) remain at the heart and center of it all.
OK, ramble + tribute over, back to trading
Cheers
You rock dude!
Cheers
Jon,
Great thread you have going here and also the Forex Online School site has lots of great info to offer, I was thinking of becoming a member in fact.
I was wondering since you are a pro trader if you had a link to a Myfxbook account or something similar to show your amazing results? I did a search on here but I don’t seem to be able to locate it. Sorry if you have it already published but a link would be cool.
Cheers
AUDCAD:
The zone around 0.9900 RN and 1.0000 VBRN has been an area of interest in the past ( see W1 and MN charts ).
Short PA in the coming days ( for me, esp on H12/D1/Dx/W1 ) would be very welcome (look at the sweet ‘V’ pullback on W1!)
Cheers
.
Hi Stimpy,
Welcome to PA trading!
There lies an ocean of opportunities in front of you.
Let me tell you why most traders don’t show real money results (as I know many new traders are always keen to know about money results and how much there is at stake):
-it drives many other traders to over analyse the trade or ask too many questions
-it also causes trade copying,which is not always in the traders interest
-every pop or flop on the account will most likely be critisized
-the taxman!
Hope that helps.
Cheers
IN DEPTH ANALYSIS
CAD/JPY DAILY BEEB
Price on this pair has been moving down with a very strong momentum. By breaching the 95.00 level lately, Cad/Jpy gave us the opportunity to look at this level as a potential pullback area or Killzone.
After a further move lower price found support and retraced back to this level. Now presenting us PA traders with a massive BEEB on a swing high and a very important level.
In order to trade this signal we need to wait for the low of the BEEB to be breached, which comes at 94.40.
The next minor resistance comes at 94.00 .
As a Price Action trader I see a High Quality trading opportunity here, not only will I be trading from a decent level but I will also position myself with the recent momentum.
Thanks for reading and as always looking forward for peers input.
Cheers
Thanks for the reply buddy.
I think it is everyones business if you are sellling a system. Potential cutomers have every right to request to see results and not get silly reasons why there are no results published anywhere. Tax man watching please, you really think they are checking out Myfxbook results and cross referencing.
You believe what you say if you want too but I know the real reason why there are no results published but i’ll be quiet, mums the word:)
further analysis on gbpnzd.
seems a double bottom has formed on the 4hr.
What do you all think? and how to play this?
my broker doesn’t have EURCHF. :17:
Hi Darth,
I think it is a super decent level!
It’s a range play BTW. 1.90 to 1.95 area. Ther was an excellent daily pin bar too, which unfortunately was taken out.
But this small 4hr does the work.
Cheers