Not really from a swing low, a tiny bar when compared to it’s immediate predecessors and against short term momentum. What’s not to like? :eek: Just kidding Dudest, but really not for me.
Thanks Bryce!, good stuff
Hey guys
Here is a link to a stunning 6 monitor setup, enjoy! :33:
Check out the youtube video at the bottom.
NTI QuadStation 6 Display Computer for Trading. Fast, Quiet, Rock Solid.
Hey all,
I have had two days of and spent time with my son. I am now back around and will be more lively again.
Okay so what a killer setup on the AUDCHF 4 hr chart we have had today!
1: With strong trend,
2: At previous support now new resistance
3: 50% fibo pullback
Very obvious and nice signal.
Hi J,
Didn’t see it unfortunately Have noticed I miss out on the ‘non-conventional looking’ BEEBs/BUEBs
Hey dudest
Just remember there will always be more setups in the future to grab hold of. If we miss a few here and there it doesn’t matter.
Dipak
Another BEEB missed. Saw this one after re-marking my charts.
GBPCAD Daily (level marked on weekly chart)
True dat dude!
No worries mate, I’ve been following this thread for a while now and I can see how you, spongybob and Bhops have been trading well implementing Jonathan’s method. Good job guys!
Not to make you feel any worse but eurcad had a large engulfing as well.
AUD/USD breaking the support of 1.03. Anyone say any price signal to short this? The potential win looks lucrative as the resistance is far below…
Hello,
there was a very nice setup to short this on the 4hr time frame. With trend, at old resistance new support and very solid Bearish englufing bar.
For traders who entered this they would already be up quite a handy risk reward trade.
AUDUSD 4HR CHART
Safe trading,
Johnathon
Hi Johnathon
Thanks for the enlightenment. After zooming out the 4 hr chart, I saw what you mean. Sign…
Hi Bryce,
Chose to take the trade anyway, felt it had a good chance of reversing at that point as it had done several times before.
Have exited fully from the trade now ( hit TP with only a few pips to spare :0 )
Well good for you Dudest, I never like to see traders lose money, I mean that sincerely. However one promise I will make to you, take these types of trades and over time you will lose money.
Taking that size bar, from that position was 50/50 at best and really kind of flies in the face of what Johnathon is trying to teach.
Remember we are looking for swing points, PA to ‘pop’ out and looking for LARGE PA to confirm the move and with the overall trend. To be honest this trade was none of those things.
Sorry if it seems harsh especially if it goes on to be a nice winner but that doesn’t mean I can endorse it.
I have a question I’ll ask you.
- Do you feel the need to be in a trade every day? Or even every 2nd day?
It’s not a trick question BTW but it is one that you need to answer with some honesty.
And please once again don’t think I’m being too harsh, out of everyone on this thread you have probably come the furthest but as Spongy will attest from our forums I will pretty much call a spade a spade!
Safe trading mate.
Hey dudest
I honestly have to agree with bhops, if you go back on this thread you will see me posting nearly every trade coming up. I was taking inside bars, gimme bars, you know it bars just so I could be in a trade.
One doesnt have too, If you look for A+ trades as bhops mentioned, you trading less, having less stress and making more money. My trades have more than halved since joining Johno
It goes for all you guys, LESS IS MORE!
Cheers all.