Now the question is… shall i look PA to go short if price closes as a PINBAR today?? and what should be SL & TP1 TP2…??
GBP/CAD DAILY
Price may breakout further and find support at the broken resistance alternatively price may pull back and reverse.
I loved the USDCAD D1 BUEB!, but didn’t take it as I thought there were two minor levels along the way up that had a chance of reversing it. Good job to those who’ve banked TPs on this!
AUDCAD and NZDCAD are forming nice pins on D1!, hope they close well and give us some A+ opps for next week!
Cheers 
nice play , I was wondering if you could tell us how did you play it ? I mean , If we placed stop below the resistance , it still needed about 120pip stop and the tp is about 95- 100 pip .
thanks
Please read Post #7 on Page #1 of the thread ( [B]“4. Basic Trade and Money Management”[/B] )
You’ll find answers to all your questions there ( good thing you have the whole weekend before placing any orders )
Cheers
XAG/USD DAILY CHART.
Hey dudest I know we dont trade inside bars here but an interesting area for further action.Price seems to be winding up :64:
i blindly take 1:.5 trades if i like the set up
papagoy:Same here, but WOW how the price got volatile right after it came around the resistance area. Had not seen this before, was pretty exciting
darthfrancis:seems that you risk/reward ratio would be 1:0.5.
So dudest Are you saying it was a kinda risky trade to take? Not an A+ right?
Bye the way Justice I’m curios how you played it out. please details.
dudest: Not for me, thanks. Just seems to be creeping lower. Maybe if the H8 also forms a BUEB
It played out well as we expect from BUEB but it had way too much traffic so I graded as 50/50 trade. If your win/lose ratio on your balance is good than one could have taken it. On the left there was a 2 bar that didn’t do anything. I didn’t take it partly because I didn’t noticed it.
I had an order on that. Although it wasn’t a trade with the trend the pin bar was quite big.
My order wasn’t hit and already cancelled it.
I don’t see the candle touching your entry price either. Maybe that was your main mistake.
It wasn’t a pending order I just entered the trade. On the image above I draw the entry line a bit lower (error on image) my entry was higher.
The only loss I took this month was the only trade I took without a pending order. I just entered at the close of the bar and the price started to move against me and hit s.l…
I think that pending orders save you a lot of times.
To all the traders, have a great week-nd , i am done looking for some me time.:53:
Hi fjanos I also had a pending order on eur aud which didn’t trigger my entry. I ve been lucky on this one. However, i think it was tradable although not with the trend. i’m not able to grade this setup though.
Cheers and sorry for ur loss.
I think the EURAUD and AUDCHF D1 pins are A+
I still have my pending orders on AUDCHF ( pin is still in play, tail end not taken out yet )
Cheers
My Pending Orders, If someone could tell me itz right or wrong???
SL 1.00400
Sell Stop 0.99550
TP1 0.98390
TP2 0.97400
The BUEB was A+ in my opinion.
Not taking it was just a case of personal preference
Cheers
Nice read of the PA story WP!
Though we don’t trade them, IBs definitely help us to read the PA story.
And I agree with you that price is winding up. Whichever way it goes, it’s probably going to be hard and fast! (esp if the winding up continues for more days)
Cheers
What i liked that fjanos did, was he didn’t wait for the s/l to kick in and pull the trigger before. To me stop lose target means , that’s how much your willing to risk not that your going to risk it.