What i have learned so far is that Johnathon doesn’t trade the NFP news event.
As far as i know (or read in here anyway) that is the only news taken into account.
By Johnathon at least, don’t know about the rest ofcourse.
Seeing as i’m learning his method this is also the only news i take into account 
Remitu
Remitu’s got it right. The only news we avoid trading ahead of is the NFP (USD pairs) [first Fri of each month]
Hallo monjorra,
Your English is great, no problem 
The pin you talked about is an inverted pin, which is PA to avoid
In this case where it is formed at support, it actually means price wants to go up
Please read this for more, will help you greatly: Forex Trading Signals to Avoid - Forex School Online
Cheers
.
thanks so much for all the reply, i m learning so much in here from u guy, keep it up 
EUR/USD 1 Hour, would you have traded it? Engulfing bar?
AUD/USD1 Hour, Would you have traded it? Engulfing bar?
1000 thanks in advance!
Hi jramirpa,
for EURUSD, there are no much room to move, and if you trade it, the stop loss is very high. so i pass it.
for AUDUSD, the engulfing bar already make another new lower low. we prefer to sell at swing high. so i pass it.
[QUOTE=“dudest;492976”]
Hallo Wookie,
The NZDUSD H8 gave a viable signal at the same level
<img src=“301 Moved Permanently”/>
.[/QUOTE]
Yeh I saw that, thnx dudest
Hello dudest
Thanks for the valuable information.
Hey guys and gals,
sorry I have not been in here as much as I would love to have been over the last two weeks or so. The truth is I have not been 100% well and when I have I have been spending my time with members in that forum posting and making members and posting over there. But I am now going to go back about 15-20 pages and read your posts and reply and also chip in with a trade or two I have also played over last week or so.
I don’t stress about this thread like I use to because we have such great traders looking after it like Dudest and Spongy who will drag babypippers back into line and help then with the rules.
If you have any questions you want answered, the next 15 mins is the time to ask them whilst I am in here!
Safe trading all!
Johnathon
we know S/R is the key area where we will find PA … my question all swing point also key area where we will find PA ?
Hi guys. I need an advice for this setup. I know it is against the trend but my plan is to take BE on 1.55. And TP at 1.5434
please give me some name of sites from where I can get "Price Action "details.I just want to learn all about this.
Swing highs and lows are places where we look and hope to find PA to get us into a trade (given the rest of the “boxes” are checked to confirm a solid setup).
So those are the areas where you want to be looking for PA signals.
I hope that is what you were asking.
Remitu
I would then send you to the first page of this thread and suggest that you start reading from there as it holds all the information you will need to learn this method.
Remitu
Hallo monjorra,
When price is at key S/R, the best PA are those formed at the extreme high/low of the swing.
That basically is what swing high/low means
So, for example, when price is headed towards resistance, we would like for short PA to be formed at the level, AND ALSO at the high of the move/swing.
Case in point: recent NZDUSD H8. Both candles are lovely BEEBs. “A” is formed at swing high, while “B” is not.
Note from the chart that: when PA is not formed at swing high (like “B”), it closes in a way that does not give much room to trade into
Hope that helps. Please holla back if you need more clarification
Cheers!
.
Basically your questions is for others who don’t fully understand is; Is it still okay to take entry after price has broken away and confirmed the trade and then turned around and bounced back to the entry point?
To answer this we need to look at why it is we use the confirmation and the break of the EB or Pin Bar for the entry. We use this form of entry because this gives us confirmation of the signal and a lot of other orders build at the same area. What happens when price breaks the pin/EB is price will often get a sharp and quick movement higher/lower which will put our trade quickly into a profitable position. Trading this way we are taking more of the risk out of trading which we are trying to do all the time. We are trading with the momentum on our side. When we are entered price is trading in our direction. This is vital!
Now if you take entry after price has broken the high/low and gone off and moved and then retraced back to the entry point you are giving up all this advantage and more. The orders that are normally there built up to help the market shoot off in your direction when your entry is ticked have been sucked out of the market because they were already eaten when the trade first triggered. Now also instead of you trading with the momentum in your favour you are trading with price going against you. Price has now already moved higher and by entering now you are going to be entering when price is moving back lower at you rather than if you had gone long at the break when price was moving higher in your direction!
Few things to think about. This questions is few weeks old but it is something that a lot of people think about.
Johnathon
I think to make a breakthrough retracement is always right
I have no idea how this worked out as I can’t even find it in the maze of candles on the 1hr chart. That should be saying something right there…
The smaller the timeframe you go the bigger and better the signal you are going to want to be playing and this is just really small and not really telling us anything. It is in the middle of nowhere and just does not hold much weight. If wanting to trade the 1hr you still need to look for trades from key areas and a solid way to do this is trade from areas that you have marked as support or resistance on your daily chart.
Johnathon
This is something people get confused about. Yes out method is about picking the best trades and having a high win rate. This will mean that we don’t need the huge risk reward winners that other traders who take more losers do because as we are banking more profits and don’t need to cover the extra losses that others do. This will mean that we have a steadier increase in our account if we can bank regular profits. This is preferred to using the high risk reward and lower win method. With this a trader can still be profitable but you have to be prepared for your account to go into heavy drawndown and then wait for that large winner toi put you back in front.
Now Risk Reward IS IMPORTANT! You can still have a high win rate and lose money if you don’t bank enough money on your winning trades! So traders need to work out and continually check that they are making enough money in their winning trades compared to their win rate.
Johnathon
