[QUOTE=“ansunirmal;501938”]<img src=“301 Moved Permanently”/> Target hit[/QUOTE]
Wow nice! Didn’t see that!
Why didn’t you take the bueb preceding the large pin bar?
i thought that wasnt big enough and i hesitated, so in the end i didnt take that lol. I was right actually if not ill get stopped out 
Personally I’d like the pinbar to stick out from the price around it more. The entry point is also pretty close to the previous swing high so a deeper pullback would have been nice. Just my two cents. 
Hi RubenE
Thanks man! Good Point! Hope to see you post here more often
No problem. Also don’t let it change your trade plan or anything, because everybody looks at setups differently and there will always be something to hold against a specific trade.
And yes I will try to post more often. 
Yes, very true. also ive got a problem of seeing too many resistance or support when deciding where is the TP1, any solution for that?
Good! i really need some experienced point of view more often lol
I’m not that experienced (so take my advice with a grain of salt ;)). But I know the problem you mentioned. What I changed to deal with that was to only draw support and resistance lines on the daily chart and only trade from those areas, even on the 4 hour chart. When you want to enter a trade you should still look at the areas where you can expect price to have trouble or may even reverse. Johnathon refers to that as FTA (first trouble area). So to determine your FTA you do use S/R levels on the timeframe you’re trading.
Before you enter a trade you should decide on what you will do once price reaches this FTA. It also helps to determine if a trade is really worth taking if FTA is really close to the entry for example.
Thanks man, that help me clear some of the confusion! i gotta work later, i go catch some slp now, talk agian soon!
Nite!
Yeah, If I wasn’t taking a break from trading, I would have taken the first one and walked away crying later. hehe.
Guess it depends on what it did during that session. If it went down first, then went up to form the pin bar, wouldn’t have been stopped out.
No problem, glad I could help.
Yeah now 1TP hit! BE now!
[QUOTE=“wigglez;501979”] Yeah, If I wasn’t taking a break from trading, I would have taken the first one and walked away crying later. hehe. Guess it depends on what it did during that session. If it went down first, then went up to form the pin bar, wouldn’t have been stopped out.[/QUOTE]
Btw I was watching the price movement for that Beub and I feel that there isn’t much volatility and movement. Can that observation be one of the reason you do not want to in the trade? The pin bar following are doing much more movement instead therefore I guess it worked out.
Thoughts? Other people’s thoughts is appreciated!
very nice. I’ll probably start trading again when i get back home.
I would have taken the trade personally. Bueb at support level in recent uptrend. Looks like I would have lost it. I only didn’t take it because I’m taking a break.
A+ setup:
- at a key level & correct swing point
[B]2) large & obvious ( i.e decisive )[/B] - (preferably) with the trend
Hence #2!
Big = momentum/liquidity/volatility/decisiveness
Good job on the trade
Hey guys,
there’s a big BEEB on the NOK/JPY 4HR chart, I want to go short at the break of the bar. It’s formed at a S/R area I marked off of the daily chart & it closed below this level. You must know that the spread on this pair is 7 pips. I liked that it’s got potential to move to the 16.000 area if it breaks the most recent lows but what do I know…this is the forex market
Thanks dude! Yeah u are right!
Wow really exotic haha
Guys, EURNZD H4 almost formed pin bar. take notice on that. although still not close yet