Forex Price Action

Thanks dude! Yeah u are right!

Wow really exotic haha

Guys, EURNZD H4 almost formed pin bar. take notice on that. although still not close yet

Woops! Scratch that, my charts were offline. Thanks for the heads up Shane.

Nice pin bar! But should we take that? i think on daily the price is kind of moving up :confused:

Idk, been staring the chart for too long… feeling kinda confused

So, yesterday I took short on EUR/USD Daily. It was wrong move, because (as Dava pointed) I forgot to wait for lower break. Still, it moved in a prognosed direction and I took profit where the traffic begun.

Funny thing is - I still don’t know how to take partial profit automatically (i.e. close half of position when I’m asleep or watching hilarious airedale terrier videos on youtube). Do I need some preprogrammed module for this? If I’ll just set pending order to long 1/2 - will it really close half of my position, or just add another position to a total of 2? I’m trying Papperstone at the moment if this is relevant. Probably this was already covered somewhere in these 939 pages lol, - if so, could anyone direct me to much needed page:) Btw, Pepperstone is not letting me to place orders for several minutes after NYclose, neve had this trouble on FXdd.

Another question - I read here that engulfing bar must close in last 1/3, right? But what about length of body to lenght of wicks ratio? If EB is closed in last 1/3 of it’s total length (from Low to High), its body still must be at least some % of this total length, right? Like 1/2 , or 1/3? I mean, doji probably would not suffice.


the price hitting at the resistance line. so hope that it is a reversal.~

What im trying now is open 3 orders and then set them at different TP points.

Yeah pepperstone will restart their server or something when NY close where you are unable to place any order, ive experienced that.

For other qn, i think more experienced people may be able to help you :slight_smile:

Yeah look like a big pin lol gd luck on that!

waiting the price to close below the resistance line. LOL! otherwise i don’t think is a A++ trade

Looking at it too :slight_smile: 48 min to go lol

I’ll definitely try this next time, Jackson, thank you!:slight_smile: Have you thought about ways to automatically move remaining positions to BE? I’m not sure about trailing stop in this context…
Good luck!

Yeah thought about it but have not yet search for it. Maybe if u found something can share with us :slight_smile:
And yeah, trailing stop doesnt sound good to me lol

Where are you looking to take profit, Shane?

Found another two! Closing in 5 Min. Both are ranging!



Gd luck!

It seemed on par with the previous candles.

GbpCad is in strong uptrend but on EurGbp 12H TF we have good BEEB.
Now it break the BEEB and I’m IN.


I doesnt have 12TF :frowning:

Watch out… AudNzd Is on resistance zone… :slight_smile:

Download MT5… and when the price is near the support/resistance you can watch 4H/6H/8H/12H/Daily timeframes… Many times I found PA bar on 6h/8h or 12h :slight_smile: