i took the eur/gbp trade based on 4h.
now i’m not so sure about it
That pin bar on 4h, which I believed to be at nice support
http://forums.babypips.com/free-forex-trading-systems/42378-forex-price-action-589.html#post432572
[QUOTE=wigglez;432695]That pin bar on 4h, which I believed to be at nice support
Where is your SL?
The thing is, we have got some data release coming out, if its GBP negative you could be in with a good shout for some profit.
I know we are price action traders but it may help you. I played jfox’s method on this one at the retrace from that lower resistance and was considering that pin yesterday and spoke to some fellow group members yesterday and decided against it to wait for the lower level.
Good luck
Hi Raj,
I don’t see any setup…please enlighten
''Hi Raj,
I don’t see any setup…please enlighten’’
Looking for a retrace from this uptrend, thought we had had previous support at this level as price had been supported at this level in the past (1.0515) also had rejected on the 6th dec at the same level.
Please let me know Dudest if I may be reading this wrong.
Regards
Rajfx10
Good for you waldmann…
Preserve-------->Wealth.
Sadly it took my break even.
Well, waiting for another setup.
We never know the final outcome,Do we?
Im also checking for set ups that are lurking around.
Hey Wald
Im closely watching the GU pair.There seems to be a BEEB about to form,waiting for the closing
I’m not sure which trade you entered but breakeven is a great result if you managed your trade properly and gave it a chance to work. Don’t be afraid of breakeven trades! For me protecting my money is always my number one goal first and foremost!!!
Sometimes price hits your breakeven point and continue on in your direction. But remember there is also the chance that price can continue on straight to your original stop had not you protected yourself at breakeven.
I put it just below the bar. So what made you decide against it?
We had this chat about the S/R levels and I agreed that maybe my levels where wrong, but I played it safe and if im not 100% sure on a trade I wont enter, live to trade another day!
Hi guys! Watching this pair right now, waiting for a nice PA at BRN and support, what do you think? 
NZDUSD H4
Dudest,
Aud/Usd has hit the resistance level I forecast but I wanted to know your opinion before waiting for the candlestick formation.
Regards
Raj10fx
Hi kurt
I am also watching that Support level and have to say that my Mouth is watery now:32:
There is Kurt.
Please show with a snapshot as to how you would enter this trade.
The whole nine yard including price target.
Please KURT.
I think it depends on how it will close? Whether it will give us a good signal to enter.
Cheers
