add another 2 setup usdjpy an usdchf
One just for the ânewbsâ donât forget once again Friday ânon farm paroleâ is on us ,as always donât get caught out.
buster48 what a great message for newbs and everyone else. I love the time when it comes out because shorty after words i close shop for the week. :21:
[QUOTE=âbuster48;670684â]One just for the ânewbsâ donât forget once again Friday ânon farm paroleâ is on us ,as always donât get caught out.[/QUOTE]
I thought that the news doesnât matter, if the price action story tells us of a high probability trade, we should still take it. After all the news donât move the price, but traders do, and its shown in the price action.
Sorry iâm a newb. 
[QUOTE=âabir0162;670534â]I am now focus with my multiple setup⌠eurgbp H4 usdchif H4 audusd D1 usdjpy H4 eurusd H4 usdcad D1 audnzd H4⌠plz everyone see my pre plan setup⌠can u feel what i am thing thats for thats setup⌠comment me what do you thinking⌠thanks you for read my thread⌠happy tradingâŚ<img src=â301 Moved Permanentlyâ/><img src=â301 Moved Permanentlyâ/><img src=â301 Moved Permanentlyâ/><img src=â301 Moved Permanentlyâ/><img src=â301 Moved Permanentlyâ/>[/QUOTE]
Hi abir,
I agree with ur audusd setup.
For the rest, as i canât access my charts now and couldnât check the daily S/R, so i couldnât say if its at a good level.
Anyway, its just my newbâs input, i may be wrongâŚ
Hi Tranceaty,while thatâs true that news is mainly ignored on the daily,NFP can mean extreme volatility and probably safer not to trade during that time,be like tonyro ,pack up for the week and take it easy maybe,safe trading.
[Demo]
Taken a trade on the 4hour chart of the EUR/USD today.
A downtrend, nice looking pinbar , almost near the resistance area. Seems like a trade worth taking for me . What do you think ?
Found a nice looking pin bar on NZD/JPY but doesnt fit my risk reward criteria
Hey Baojie,
That EURUSD pin bar is up nice and high and sticking out from all other price like we want, but on my chart it is technically not a valid pin because it does not close within the previous bar.
The NZDJPY pin is much better but I donât see any relevant levels it is rejecting so it is a pass for me.
Best,
Joey
Just to make sure , closing within the previous bar, does it mean that the pin bar is to close within the candle body not including the wick ?
[QUOTE=âBaojie;671844â]Just to make sure , closing within the previous bar, does it mean that the pin bar is to close within the candle body not including the wick ?[/QUOTE]
Including the wick.
I guess it increases the probability when the pin bar closed within the previous bar, as it shows that the âfakeâ side (in ur case is the bulls) does not gain control. Is my interpretation right?
Hi Baojie,
The body of the pin bar must close within the high/low range of the previous candle. The body of that pin bar is above the range of the previous bar.
The EUR/JPY daily has 3 inside bars at support. However this is probably not so much indecision as lack of trading volume at this time of year.
Why everyone who claims success on Forex forums will never agree to post his results on a third party verification website to prove that he really does walk the walk!
I just came back to this forum after abandoning it for YEARS, and first thing I noticed was the VSA thread, which is an indicator that only the ignorant would beleive that it represents the acutal volume in the forex market, so I know for a fact that everything written in that thread is complete BS without even reading one page.
And I see this thread, 5 stars, over 2 million views, and not even a single person is posting his results.
Forex is a world of BS, always is and always will be. I remember when one public forum that had litterally thousand of people writting thier strategies and trading systems and claiming to be making a lot of money. However, when I convinced their management to force their community to post the investor access to MT4 account as a proof of success if they want to recommend trade set-up, this is when it turned out that no body on that forum was able to make a penny over the long term. Its been 5 years since that forum has adobted this procedure, and they still have not had one single winning trader.
Sorry for the long post, but I hope you guys would learn something, although statistically speaking, most of you will never learn!
Go on then, post your own results
One of the active people posting in here did post their results a month or so ago. You know what happened? It didnât make a bit of difference. People like you continued to question his honesty. The negative stuff does you or nobody any good. Weâre not children. We can demo trade and test and find out for ourselves whether a trading methodology works or not. Please go away and let us have our âignorant funâ. Check back in 5 years.
[QUOTE=âjerry591;673225â]
One of the active people posting in here did post their results a month or so ago. You know what happened? It didnât make a bit of difference. People like you continued to question his honesty. The negative stuff does you or nobody any good. Weâre not children. We can demo trade and test and find out for ourselves whether a trading methodology works or not. Please go away and let us have our âignorant funâ. Check back in 5 years.[/QUOTE]
Can you point me to the third party verified results that you mentioned was posted a month or so ago?
edit I think I found it⌠Is it the one showing a 17% gain over a 7 month period?
http://www.myfxbook.com/members/beansquibble/priceaction/916106
Rubbish results. The system made +17% gain in 9 months. With a drawdown exposure of over -11%. And with the potential of blowing up a 9 months profit in a few of weeks. This is what the myfxbook says.
On positive note: this is one of the very very few topics I have ever seen where results do indeed get published on a third party website. Good job!
Still waiting to see your results
Ok the results are rubbish. Now I hope you and the other âShow Meâ trolls will go away so those of us who want to can learn something about price action.
90 percent of forex traders suffered lower account balances over the last 12 months. Does this not mean that 90 percent of traders could have seen account growth had they taken the exact opposite trades?