Forex Price Action

[immvp]

Thanks for the insight

@dudest

Thanks for the heads up immvp.

I honestly think those pins have a good chance of being run over…so not for me

Cheers

[immvp]

@immvp

Pin bar Forming on AUDUSD H4 and USDCHF H4

These 2 setups work out pretty well with at least 1R

[Forex_School_Online]

These 2 setups work out pretty well with at least 1R

What you are failing to recognise though is that it does not mean two hoots if these two worked out on this occasions because over time you will get creamed playing rubbish setups like these ones were.

The USDCHF was after a huge momentum candle lower and the pin was small and had a bi upper wick, whilst the Aussie was picking a top which can be super dangerous.

Always remember even the very worst signals work out on occasions. Does that mean you are going to make money by trading them over and over?

Safe trading,

Johnathon

[Forex_School_Online]

At above h4 time frame . Every broker will have a hour (close price) different .This thing can effect to pattern candle .
Example : i see Piercing Line H4 in my broker . But you don’t see Piercing Line H4 in your broker .it is a other pattern ???
Do you think so ?

And me i think from H1 —>M1 any broker will same

Please read page 1, post 1 where I have posted about this and the free demo broker to use.

We all use New York Close 5 day charts.

Safe trading,

Johnathon

[Forex_School_Online]

@fazliy

hello ! i’m a newbie here… but first sorry for my english…
i just found a set up on usd/jpy (4H timeframe), however the candle still did not close yet, but if the candle closed and forming a pinbar like this can i enter the trade??

Please make sure you read the first page through to about page 50. You will find a ton of the questions and queries you have are cleared right up.

If you have any questions let us know.

Johnathon

[immvp]

What you are failing to recognise though is that it does not mean two hoots if these two worked out on this occasions because over time you will get creamed playing rubbish setups like these ones were.

The USDCHF was after a huge momentum candle lower and the pin was small and had a bi upper wick, whilst the Aussie was picking a top which can be super dangerous.

Always remember even the very worst signals work out on occasions. Does that mean you are going to make money by trading them over and over?

Safe trading,

Johnathon

Noted Sir!

[maxryan9999]

@maxryan9999

@FSO : Do you think when you in this case .

@fxsrikanth

hi maxryan…here we most likely to by any pair with nice pullback to the previously acted R\S level…and vice versa in down trend.

as u pointed 3white solders …there is a bullish pressure in that move… …

but my advice is stick to h4 chart minimum…that will help u to learn moreand u will have less less fake signals…all the best

@dejanb1981

If I were you I would look for a short entry around 1.2890 since the trend is obviously down. if the price breaks above it wait for pull back for long entry.

@maxryan9999

At above h4 time frame . Every broker will have a hour (close price) different .This thing can effect to pattern candle .
Example : i see Piercing Line H4 in my broker . But you don’t see Piercing Line H4 in your broker .it is a other pattern ???
Do you think so ?

And me i think from H1 —>M1 any broker will same

@fxsrikanth

nothing to worry…about that closing time…of candle…

always trade what ever u see in ur chart…

the better solution is take another broker mt4 and compare them…

most of the people over here doing the same …

one particular broker will have a different candle close time depend up on the server time zone…i think so…

@dudest

Hi Max,

I personally view the climb as a retrace, and would look to short somewhere around the 1.2900 RN

Lemme however just say: I nowadays don’t go down to H1, and even sometimes H4 is scary ( no direction, choppy candles,… ). D1 has been more reliable to deal with ( across pairs )

Cheers

@dudest

Actually, not true. Different brokers have different feeds right from the beginning ( M1 ).
Remember that ANY timeframe is built up from the lowest timeframe ( i.e, 1 minute ), which is the basic building block.
[ 240 of them make up H4, 1440 of them make up D1, etc ]

We use New-York close charts ( e.g, Pepperstone, HotForex, AxiTrader,… ) as those are the most reliable for our style of trading, and look similar to each other.

Hope that helps.

Cheers!

@Forex_School_Online

Please read page 1, post 1 where I have posted about this and the free demo broker to use.

We all use New York Close 5 day charts.

Safe trading,

Johnathon

Long time , i do not get such a good reception . Thank everyone I will follow until i can …
I only synthesis them to it disappear with me

Max

[dudest]

Long time , i do not get such a good reception . Thank everyone I will follow until i can …
I only synthesis them to it disappear with me

Max

Keep following bro!, it only gets better

[dudest]

There are alot of big moves across the board following the NY open 1.5hrs ago
Hopefully with the US election behind us, the market is back to decisive action

[bearOZpips]

Lots of big opportunities starting to unfold…

[maxryan9999]

Anyone feed ok to take Buy with me . I need a pattern at H1 to can Buy . Have any idea ?

[machal]

@maxryan9999

Anyone feed ok to take Buy with me . I need a pattern at H1 to can Buy . Have any idea ?

Hey,

Firstly check your chart, I think you don’t have New York candles close.

It’s not a good idea to looking here buy. We have strong downtrend (we trade with trend) and new strong resistance zone. Better wait for some pull back to this zone and looking sell signal. My proposition is to wait for price clarification by this scenarios and looking buy signal in yellow rectangle or sell in green or red.

Cheers

[Bigd41190]

There are alot of big moves across the board following the NY open 1.5hrs ago
Hopefully with the US election behind us, the market is back to decisive action

My USD/SGD play missed TP by a whooping 3 pips. I was upset when I went back to check my trade. It stopped dead on 1.2000 I was shooting for 1.2197. Lol I’m taking it in stride though. We will see if the dollar falls back into parity after all the excitement

[liangko]

Another potential set up on USDCAD D1 chart. Bullish engulfing bar forming at swing point.

Any opinions?

Thanks.

[machal]

@liangko

Another potential set up on USDCAD D1 chart. Bullish engulfing bar forming at swing point.

Any opinions?

Thanks.

Hey,

Trend is OK, PA is great, level too but for me there is no space to trade and trouble area is too close.

Cheers

[meadsie]

@liangko

Another potential set up on USDCAD D1 chart. Bullish engulfing bar forming at swing point.

Any opinions?

Thanks.

Hi LK.
Not for me either - heading straight at 1.0000 VBRN. Great spot otherwise though.Pity about that trouble so close cos could be a worthwhile trade.:59:

[meadsie]

AussieYen - A lower close here could give a strong BEEB to go short. Biggest concern will be whether the 83.00
level will block a run down ?

PoundAussie - Looking for a bullish close at or past previous bar . Could set up a BUEB or 2BR Long

EuroAussie - Strong run down hill but will look for a pullback to re-test the resistance & resume short direction

AussieDollar - PB is trying to form at this good level but even with a lower close it will not achieve the PinBar
status of the nose being 3 x the body. Also (but not shown on my chart) is that 1.0400 barrier.

Anyone else see anything ?

[Bigd41190]

Anyone else eyeing this BEEB on the EUR/USD D1?

[puzon23]

Anyone else eyeing this BEEB on the EUR/USD D1?

I think this is at the wrong location. I think it should be at swing high on a pull up so you could go down form it. I don’t think this is it. Maybe someone else sees it differently but that’s just my still newbie opinion.

Thanks!

puzon

[OMFGWTF]

@meadsie

AussieDollar - PB is trying to form at this good level but even with a lower close it will not achieve the PinBar
status of the nose being 3 x the body. Also (but not shown on my chart) is that 1.0400 barrier.

Anyone else see anything ?

Nice, didn’t notice there was a level there.

Any comments on these, guys?