GBPAUD D1:
Had big hopes for this one! Lovely pullback to RN. If that tiny pin had been formed a bit higher and had a longer tail (sticking out), would have been so in
GBPAUD D1:
Had big hopes for this one! Lovely pullback to RN. If that tiny pin had been formed a bit higher and had a longer tail (sticking out), would have been so in
Some nice looking setups if they close this way:
Thank you.
I really need a link to download your valid charts.
Please give me as soon as possible. I need to check my strategy.
Thank you again.
There isnāt a magic link that contains all the valid charts. At least none that Iām aware of. Each chart has to be looked at individually as far as price action bars and their relation to all the surrounding bars of the chart. Iām afraid you will have to start reading at page oneā¦take notes if you need to. You will get it and there are a lot of people here who will help you if you also put in some effort on your own as well.
Russ
Hi Ya Jack ,
i can see you are struggling here a bit. If you Google Search any or all of these, you will be able to decide which provider you want to receive charts & NYClose data from.
Give it a try mate - If you get stuck again, let us know & Iām sure someone here will help you.
Just a comment though - for your own benefit as well as ours, please read pages 1-50 so you are up to speed on our PA method.
Good luck buddy:54:
[QUOTE=OMFGWTF;421941]Some nice looking setups if they close this way:
Good Morning OMF,
Agreed - these 2 have some promise. Just a reminder that we are in a low volume period of the day and a trigger closer to London or Usa market times would give me a bit more confidence.
EurAud: My Support is at a lower level to you but still provides a very good PA at that point. Price has broken past the 1.2300 and
looks on its way to Resistance. For me, If my order gets filled early, i will be looking to get to B/E at that resistance level
and then see where it wants to take me :60:
CadChf: Good Bearish Trend at the moment and big strong PA. I too will be placing a sell here but I am also aware of that busy
zone to the left. Being H4, I would want to really watch this closely and get to B/Even as soon as possible.
Have a great day:)
[QUOTE=dejanb1981;422009]I just went short on aud/chf. BEEB around resistance area.
Hi Dejanb,
I guess you are confident of the downward move and are happy to get in early. Even though it looks a good possibilty, I am still gonna wait for that PA Low to be taken out. Just my way of doing things.
Good Luck buddy:57:
I got out of aud/chf short with -15 pips. France just got downgraded by Moody so euro is taking a hit and taking chf wit it.
[quote=ādejanb1981,post:5263,topic:41718ā]
If you read and follow the Johnathon rules you shouldnāt even be in this trade yet.
People, read first, understand and than start trade, please.
Cheers
[quote=āmachal,post:5264,topic:41718ā]
I took that trade based on a H4 chart and it was a good set up now, Moody come out of nowhere and screws it up and there is nothing a person can do about it. I donāt know what you would have waited for.
Iād also agree that you took the trade too early.
It did look nice, and I put in a pending order just below the bottom of the Bearish pin to wait for confirmation of the retrace it didnāt get triggered and so no loss.
[quote=ādejanb1981,post:5265,topic:41718ā]
[quote=ādejanb1981,post:5265,topic:41718ā]
Post some levels like enter and SL, because if you are in this trade you shouldnāt be out yet.
Why not?
If he had set his SL just above the bearish candle pin then heād be stopped out now with a bigger loss
At least he only lost 15 pips
[quote=āmachal,post:5267,topic:41718ā]
If he had SL above bearish candle plus buffer 5 to 10 pips, he should be still in this trade. Rules are rules and we must stick to them. Iām just curious why he enter so early and out so early (manual close? or SL hit)
[quote=ādejanb1981,post:5265,topic:41718ā]
Would have waited for price to trigger a sell stop order below the low of the beebā¦ thats what.
so, you should not have been in the trade in the first place
Update : i just order one position
#1550578 sell stop 0.10 CADCHF at 0.94244
sl: 0.94444 tp: 0.00000
successful
Do you think ?
Hi Dudest.
Looking on H4 I do agree with you. Didnāt quite close where we want it to. But are you still watching it closely? From a newbish point, I still believe itās at a key level, and still has potential for either a break of resistance or PA-short?
Thanks again for the input, highly valued!
Howdy Max,
Just my opinion here mate - The CadChf and the AudChf are quite similar in action. While the Cad is a good looking 2BR short , I am more excited by the BEEB on the Aud Trade. The Cad had that busy price action to the left and that could create a bit of a headache. But, the AussieSwiss had strongly been rejected at last Support (before that News) and seems to have a bit of clear space to mount a bit of a run down if thats what the Market wants to do - who knows?:33:
Price has just closed back below support again so I am still keen on going short if the low of the BEEB gets broken.