Heres a sugesgion(and please feel free to shoot me down in flames if people are doing it allready or its been sugested before)(and Im not sugesting Johnathon do it as I know he has his members to think about and I understand they must come first)but why dont we put up short notices for each other such as “EUR/USD 4hr pinbar formed at support” or "AUD/NZD daily BEEC formed at reistance"or"GBP/CHF 4hr 2 bar reversal formed at reistance"etc you get the drift.then perhaps we could all benifit from each others eyes and see things we might have missed.Hope no one thinks Im being presumptive as I havent been on this forum that long and I wont be upset if you think its a stupid idea.I thought we wouldent need to put up charts just a few words,what do you think.
hi friend…that is a nice idea…and is already done by some of the members like dudest. he will post his thoughts and the setups that are in line with his levels. hope every one do that…thank u.
and really sorry for of topic…but it will be helpful for new traders…go to this thread…there u will get intimated on the spot or before the signal or entry triggered.
http://forums.babypips.com/trade-journals/47465-bijoys-trading-set-ups.html
hi forex4worth…some where u gone wrong…it will work fine…and i am done with that. try to do it again.
it is working fine for us…even they were appear as an offline they will change according to the live charts…
remember u need to keep ur live chart open in order to work the offline chart.
if u close the live chart then offline chart will not work.
(to work offline chart properly u have to keep open the live chart in which u run the period converter :7::57:)
just cross check this…hope this solve ur problem. thank u.
What do you think about keeping the positions opened during the week-end?
I didn’t take the GBP USD counter trend pin but those who took it and kept their position opened during the week-end would have lost with 50% more than the % they planned to risk. Sometimes you may move your position to break even and think you are in a free trade and then a gap during the week-end may make you lose.
I think in some cases a better idea is to close Friday your position and re-open it Monday if the gap isn’t too big. You lose the spread but won’t lose more than you planned to lose.
How about indices? The indices market is not open 24 hours and gaps from one day to another are very common.
Hi John,
I have taken a buy on this pair and closed out at my first take profit, but the candle you have shown on your chart is not a valid pin bar, yes a rejection of daily broken resistance acting as support, a better set-up was on the 1hr chart with a nice engulfing candle where I took my entry.
joffie
This is what I was sugesting in my earlier post,eagle eyed Joffie spotted this set up on the 1hr chart but I missed it,if your watching 25 or so pairs then your watching 75 charts if your watching daily,4hr and 1hr(I know some dont watch 1hr but to me a pip is a pip),if i’d have seen it from a “heads up” I would have taken it.what do more knowledgable people think.
Howdy Buster48
Thats basically what we do in FSO, we post as we see it.
P.S. I too miss trades, work is to blame most of the time.
Cheers dude.
As Spongybob says this is what we do at FSO Ive only recently joined, but as anyone will know from FSO why I was looking to take my buy on the 1hr chart as I did !
Both take profits have now been taken and this trade has finished a nice winner for me
joffie
Hi guys, I know that you don’t look the news but can someone tell me what is goin’ on with all cross-jpy currensies happen’? Especially EurJpy (-400 pips from last 4 hours). I ask only from curiousity
Hi Johnathon Fox,
This question is not related to PA, but, I i would like to get your point of you. I notice if EURUSD is bearish most of the other currency which packed with EUR is also bearish eg EURJPY, EURNZD. I believe there is some correlation on this. Can you please give your take on this matter? If you short EURUSD will you short other pair also?
Thanks
To be fair mate I think you should stop asking for free signals and make your own decisions about what trades to take.
To be fair "mate"Im not asking for free signals but simply making a sugesgion good or otherwise weather it would benifit all traders to see something they might have missed thus enabeling us to learn which is what I thought this perticular forum was here for.
Yes, I think we can learn more from live signals because if someone posts a signal from 2 days ago and it failed it’s easy to say he made a mistake and conversely if someone posts a signal from 2 days ago and it wins it’s easy to say he made the right decision. We can learn more if we give our opinion for a signal before the signal is validated or invalidated, and not after.
However this isn’t fair to Johnathon’s members and probably that’s the reason we don’t see many live signals.
I understand where you are coming from but this
suggests otherwise a little bit. Im not attacking you so there is no need to get defensive, but as a new trader getting heads up on signals before the event will more than likely lead to taking trades based on that as it is too tempting to pass, especially if someone is more expereinced. It is way more beneficial to find your own method for monitoring markets and analyzing others trades after the event is still very useful.
A win based on an incorrect setup reinforces bad decisions. Nobody should be here to get trade ideas. You should be here to learn the system.
Russ
Tucson
Hi fxsarikanth) Thanks for the inputs mate.Now they are working properly.
Thank bro i only trade more 4 hour time
If it is blue then valid or not ?
[QUOTE=Siva;462838If you short EURUSD will you short other pair also?[/QUOTE]
Hi siva) you are right they are corelated but you should only play a corelated pair which have the highest probability A+ setup.Or in case if you have good setups on more than one pair then you should split our risk on both of them.Hope this helps.
Thanks.
Tahir.