If you think so, it will be. But at least you carefully read forexschoolonline’s lesson and trade for 6 month on demo account then you understand price action is most powerful strategy
…Neither does trolling.
Hi Leon,
You entered on a strong bar which in is the right thing to do. Unfortunately your trade got caought out in a minor resistance and turned. There is really nothing you can do about that, as there was not much space to move into.
Best
I imagine traders that got triggered in this trade have lost patience by now or closed out. It sure is a strong bar. However this pair despite pushing higher is creating too much noise.
I reckon it’ll break either way. Might still trigger the Weekly PB,too.
Best
Thanks man… I am closely watching USD/CAD appears to be in a key resistance area, great down trend, and the resistance area just stopped an unfavorable GDP news for CAD, i know we’re not suppose to rely on the news but just additional data to show a strong resistance area. hope the 4 hr timeframe creates a strong price action signal for me to enter the trade.
Assuming you guys are talking about the massive EB, I held on to the massive USDCHF EB that was comparable to the one on EURUSD. Interestingly enough, it triggered today and I have moved my SL to BE.
I think this was the longest I’ve held onto a pending trade. It’s been like what…3 weeks? Well good on whoever held on to either of em 
Longtime lurker, first time poster. First and foremost, thanks to JF and the senior members here for posting such valuable info and for putting up with our newbie questions. I’ve read the first 100 or so pages, the last 50 or so as well as all of the links. It has given me a much greater understanding of the Forex market and the ability to now trade with improved confidence.
Until recently I was like many others whose charts were cluttered with indicators and I felt like the proverbial blind chicken who would occasionally find a piece of corn. In just the last week I’ve pulled 173 pips on the GBP/YEN (3 positions, short from just below that PB last week that pierced the VBRN of 174) and another 50 pips this morning on the GBP/USD 4h BUEB. Suffice to say I’m now a PA convert
I fully realize that trades like that don’t come along everyday, but I’m patient. I’ve set up my trading plan and I have a modest monthly goal as I know overtrading and greed kills.
Thanks again guys for your valuable input.
[I]Detractors come, detractors go, but PA lives on![/I]
whether price action does or doesn’t work is one subject but making a statement after 4 posts and being a member since June 2014 in is in all fairness nothing like long enough to make a constructive criticism, so go do lots of homework for 3 years + and people might be more . I wont shoot you down as probably all of us has at some time though "sod this " I know I have and probably Kasravi has as well.so give it a while and maybe you’ll know for certain one way or the other.
Now that’s a success story. Glad to have you around and your username shows your hunger for success. So all the best and hope to see some charts from you soon.
Best
You seem to know your stuff Kasravi, how long have you been trading?
Welcome Piphauler! wishing you success!!
Looks like it broke to the upside. I am not in the trade as it is now on a strong resistance level. Im just waiting for it to turn.
Thanks
I’d just scroll through my charts and found this beautiful pin bar formed at a double bot completion…
Isn’t it an A+ setup?
AUD/CAD 4HR
Anyone taking on GBP/JPY, daily candle shows an engulfing bar very near resistance turned support line, it confirmed the PA already. Its with our friend the trend.
Did you take this trade? I see a engulfing bar in the same direction today.
I had it in my daily watch but unfortunately missed entries. I had my FTA @ 173.70 which has been hit not.
All the best for you on this trade.
Best
Encountering resistance at 174, moved all my stops 15 pips away (I got scared it might go back again)
Nice break out and pull back play to strong resistance turned support 1 hr time frame AUD/USD. S/R line that finally broke today is at 0.94385
