I think there is a big storm in the US.
Hi birdcat,
Have actually seen it now 
But if I had seen it yesterday, I would not have taken it, it is SMALL and NOT OBVIOUS.
Great level + unconvincing PA still = NO trade
Cheers
pmsl boss :18:
My thoughts are with all the folks in the US and I hope you and your families stay safe!
Johnathon
Yay!
Finally someone cleared that out.
I have noticed SO MANY TIMES wide range bars acting as s/r, just needed some 3rd party confirmation on that.
I did not understand how it works, but now it makes sense.
due to the fact the desicion wa made there to break up
Thanks Extremerange!
Fil.
Yes I have a few.
Firstly if you are going to trade 1 hour without first becoming profitable on 4hr and daily you are going to have a really really hard time trying to make a profit. There is no short cuts in this game and jumping down before mastering higher time frames is making it harder than what it has to be.
If you are going to trade 1 hr chart you need to see really large and obvious signals. The one you have traded is small and unconvincing.
As for the 4hr CADJPY pretty much the same thing. We need to be trading big and obvious reversal signals. You have picked out one of the smallest candles on the chart. Always ask yourself this question before entering: Is this trade really obvious and put and overwhelming edge in my favour? Of course the answer for both these is no and no.
Another rule of thumb to keep in mind is the lower the time frame you go down the bigger and more commanding the price action signal needs to be.
Compare the signal on the 4hr GBPCAD chart below and see if you can see the difference with your two setups. Notice how much bigger, obvious and commanding these are?
GBPCAD 4HR CHART
we have to maintain ROCK STONE DISCIPLINE to trade big and obvious PA reversal signals.
thanks Mr.Johnathon…really nice and valuable explanation…
Johnathon,
Thank you for the resonse…The truth is i should have known better…I never trade 1hr charts but thought it was a similar setup to the AUD/USD trade to took a little while back…Clearly it is not. Thank you again for the clear explanation…
Hi There DJ,
You lost me with your entry point - i follow your reasoning for a trade here but I would be waiting for the High of that PB to be broken before entering. If you are in already , I wish you well.:54:
meadsie
I see your point there and i was thinking of waiting for it, but that BUEB already broke the high of the previous bar and closed above it…so we will see what happens.
Will this storm affect the USD in any way?
Probably …
Hi dudest
Can you please upload a software so I can be able to write on my charts.
If anyone has it here, please do help.
Thenx
zakuthimdlethe
google jing
I was considering a similar setup on the chfjpy last night but decided against it in the end, traffic and rr put me off, I think I could be a little too picky sometimes! I’ll watch how it turns out and learn for the future I think 
I was just coming in here to ask a question on entry points. I went in on USD/JPY BEEB but i did not wait for it to break the low of the BEEB I have not had an exact criteria for my entry points but I also remember someone mentioning they wait for 10% of the previous candle to move in their favor before they enter. What is everyones opinion on entry points? I believe this is a vital part of price action trading because you entry point could possibly change whether a signal is valid or not.
The way i do it is simple…if its a pin bar i wait for break of high of the pin…but in the case of BUEB or BEEB there is no need to wait as they already broke and closed above the high of previous candle.
Was me who said 10%Bd…
just went long audusd