Good on you pamboys :), goodstuff!
What trades did you mean?
Johno, are you considering this an A+ setup?
Or rather just “a clue”?
Fil.
eur aud and eur cad… i already closed the trade 
i hope my it will break my losing streak on my live …
as for now i will SOLELY follow this rule after thos 2 trades
Here is my thoughts on the GBP/USD 4hr chart
Positives
- Sell like the long term trend
- This is at a major support level
- Nice long pin, that closes in the bottom 1/3 of candle
- Pullback from current trend
- 40 pips before the next minor supply level
Negatives
- pin bar closed as a positive buy candle and we are looking to sell.
- Lots of time spent at this level already
Final Rating
A
** As always comments are welcome on my observations
May the pips be with you
what rule you mean?
hi akor.
my take on this trade is …
rate it C +
firstly the pin bar is embeded and does not stand out as a good signal should
2. the trend for me is actually ranging at the moment.( this is questionable) either this leg of the price is a very long retrace or the trend is ranging and may possibly go up from here)
3.you would have to take profits real early…like after about 10 15 pips as support is about 35 pips underneath the pin bar
4.the markets were not switched on full today as canada or someone is on holiday …so trading was not normal, and could go either way tomorrow.
maybe it will drop tomorrow…but johnathon wants A+ and this is far from it…maybe C+.
it doesent mean you should not trade it and that it wont make pips…that is your decision…
but in this thread i suppose your here to learn the meaning of A+ trades…and posting your ideas…is how you learn.
nice try.
4 hour chart showing trend (i wouldnt say the trend is down—undecided maybe–ranging maye- but not really up or down)
happy trading.
ps akor …im no expert on A + signals…im just leARNING LIKE YOU…so may be wrong …
cool…just saying so you definitely know.
as you quite new to thread
At this moment what charts are you lookig for?
Hi Jonathon,
I find this thread very interesting. I used to trade stocks and could often pick up insider buying simply by watching the course of trades and the market depth. With forex you can’t do that so your thread here has really caught my attention.
I have one very simple question for now. What is a pin bar. Is it simply a candle with a very long upper or lower wick, or is there more to it?
High high speculation welcome to the thread, I believe everything you need to know to get you up to speed can be found on the first 20 or so pages of this thread and also on johnathons website there are many articles and videos explaining most things you could want to know in great detail! Good luck
Hi Brinkfx,
I agree with your assessment of the trade and appreciate your input.
I think that you were right and I rated this trade too high. It may have been a case of “Looking too hard” for a trade. As that pin bar was not outside creating a easy to point out swing high with a rejection.
I did take this trade and it worked out for me, but in the future I will have to better assess the pin bar.
Much appreciated!
May the pips be with you!
My list is always under construction, but for the moment this is what i have on my radar:
eur cad H4
eur gbp H4
eur nzd H4
aud usd H4
nzd usd D1
usd sgd H4 /dont ask me where my broker took sgd from 
/
Hey all,
I have just edited the first post so now there is a basic list with the basic knowledge for new people to go through. I still recommend going through the whole thread but this will now at least help.
Thanks to Fil for making this up!!
Johnathon
Ok I have had a read through and I am starting to catch on. I spotted something on the AUD/USD 5 minute chart. It seems to be playing out as I write.
I will post an update later on.
Hello please can I ask you keep the posts to 1 hour and above and preferably 4hr charts and above. There is tons of thread for scalping but this is for soild PA on higher tf’s.
Also the PA you have circled is not an engulfing bar as it does not engulf any bars.
Thank you,
Johnathon
Sorry about that Jonathon.
I’ll stick to 1hr and above from now on.
Cheers.
Sorry to be anal, just trying to keep things on track.
Johnathon
First off, I really appreciate the effort gone into this thread, many thanks! I’ll try to make this short as I’m sure they seem so basic, but I haven’t gotten an exact definition out of my several other sources of information, I just heard of forex a few weeks ago.
- For a BUEB (in bear to bull reversal, for example), which parts of the previous candle must the body of the engulfing candle cover? Only the body or also the top wick?
- For Pin bar reversal candles, must the long wick point in the ‘old’ direction of the trend? (ie: Bear to bull reversal; long wick be pointing down?)
From what I’ve gathered; wait for a solid signal (in 4hr TF) that’s going with the trend (by checking daily TF), check S&R levels for possible TP/SL levels (target for RR 1:1.5-2), wait for a confirmation candle, go in without emotions and with confidence (or not at all). Is there anything wrong with my thinking? Too rigid?
I have a few questions on risk rewards and money management (Demo’s for me now though!), however I’m not sure that this is the proper place to ask.
Thank you very much for your time and any answers. I’m on page 50 of this thread, and I’m working my way of reading the rest of it. Links as answers to questions would be just fine too!
Thanks for this, looking forward to learning this and being active in threads soon
Have you seen the new first post of this thread I update today? This will help you a lot I think.
An engulfing bar must fully engulf at the minimum 1 previous candle. When we say this the candle must fully engulf all of the previous candle. The high must be higher than the previous high and low must be lower. Make sense? See: Bullish and Bearish Engulfing Bars Introduction
The Pin must reject the level we want to trade from. For example price gets to a solid support level. We then want to see price go lower, test this support ad whip back the other way creating a bullish Pin. The nose of the pin would then be rejecting the support? Make sense? See: The Pin Bar
What are your questions on MM? Before asking these may help: Start Thinking in Money Not Pips The Myth of Risk Reward
Safe trading,
Johnathon