Hi mate, what sort of signals do you look to take? How about other requirements for entry?
The Euro seems to have broken the support and slowly dropping below the
support. The Techs may accelerate it down further should we get some volumes here.
Hi Paddymctaff,
The type of trade signals I look for are pin bars, engulfing bars, inside bar, 2bar reversal and a fakeout trade. Those are the most common trade setups I use.
For the requirements when entering a trade would be on support and resistance zone, with the overall trend and making sure there is space to the left of the trade setup. I learned that tip from Walter Peters and I have used it in my trading and I have found it to be a very useful thing to look at before entering a trade.
On this chart you see a couple pin bars and an engulfing bar all with the overall trend and occurring on support and resistance zones. Also notice how there is space to the left of each trade setup? This is what i was talking about with space to the left.
I hope this answers your questions and if you have any more feel free to ask!
Howdy Trading with Price Action
You could of found that “TIP” in this thread in the beginning stages but its good to know you realize the importance of space to move.
Welcome to the thread and hope the inside bars you use works for you but we only trade continuation IB’s.
P.S. That chart is from 2009, thats a LOOOOOONG time ago. 
Cheers
Good stuff thanks mate. Very similar to the strategy we use here and over at FSO.
Would be in interested to see how you trade inside bars and fakeout bars in more detail.
Also how do you manage targets and moving to breakeven (if at all)
Thanks!
It isn,t happened on swing high .Zoom out your charts for the relevant S&R levels.It,s arround 1.5300.This is trading right into the support which meant.
I don’t think so. Where you see support ?!
Good stuff!! Thank you :13:
Yes I see that level but the forex is not EXACT thing. Look at the bottoms at left. The price test them. Yes you are right that if price test the 1.5300 level the position will be more strenght.
Suppose that all depends where you see the broken support from, I saw a test of broken support and a failed break of the round number 1.5200 where price has stalled at after breaking.
joffie
All what i said is that the Pa signal was much lower than from the swing high and i want it on the right area according to what i have learned in this thread so far.Well it pushed price downwards but in the longterm such signals may drain our accounts (confluence=high probability of success)
I have one question mates…
When you open a trading position in the daily chart? For example, if we have a bullish trend, support level and a nice pin bar when opening the position. When the daily bar closed or when open the London / U.S. session? I hope understand my question.
P.S. Sorry for the bad english…
Haha I know I like to go back until i find a perfect example of what im looking for and it just happened to take 4 years on this chart! 
About the “Tip” I was just making sure he got credit for this because that is where i first heard it from. Now im not saying that he created it but that is just where I heard it form first
And IB are actually one of my least favorable setups because they can act as a continuation signal or an exhausting signal. Now some I do trade if they are looking good but he was asking which ones I trade so I named them.
Thanks for the welcome Spongybob this place looks awesome!
I take my daily entries when that daily candle closes and only look for 4 or 1hr trades in the UK/US session
Hope this helps Joffie
Here is another possible trade setting up on the AUD/USD. Prices are retracing after a major upswing in prices lately. Look for price to retrace to around the 1.04000 area then look for a bullish trade setup.
AUD/USD Daily Chart
Do you not think a better place would be a bit lower down around .036 where price has found support, the resistance and now would be support again?
If the price drops that low then the chance of the uptrend continuing will greatly decrease since it drops below the most recent support and resistance zone. If it fell all the way to 1.03600 area then we could almost expect it to keep going lower. But yes that is another support and resistance zone that it could act as support and the trend would continue up but the higher probability would around the 1.0400 area.
Howdy all
For me personally there is too much chop with AUSSIE and id only be interested for nice big obvious signals at levels marked.
