Btw, did u put a buy stop there? lol if yes, in my opinion you are trading into resistance
At first I did - I put it there:54: But after careful consideration I deleted it. A+ or nothing!
ps I just hope it does not mean I’ll have a whole month without a single trade lol
Haha! Good decision man! it looks like consolidating anw
Yeah actually its a pin bar after combining. Just not a good set up to trade. Thanks! haha
The biggest problem is that you’re not trading from a big enough pullback. You need room to move into and not trade into resistance like Jack already said.
Pinbar H8 on EURNZD, swing low, at support. Also, does anyone know what the hell happened to XAGUSD and XAUUSD a little while ago? I thought it was a price feed error but both Axitrader and Alpari show the same… weird.
I’m in this one as well
We calculate the risk reward when we spot the setup before pulling the trigger.So it,s based on the final TP.
Hello Jonathan) Did not take it because the FSA was very close and the it,s a bit choppy on the downside.Guess you also did not take it because you are a way too selective )
On both FXdd and Pepperstone they both look normal…
Interesting approach. I use stoploss : distance to FTA for R:R calculations , bcos acc to Johnos method, a trading edge is only for the move upto FT A only and after that it is anybody’s guess for the move to final TP. But ofcourse it does not matter as long as your winrate remains high.
Raj
Good luck with this trade, i also took the trade.I placed it @ 1.0471 short and my t/p is 1.0418.
[QUOTE=“tonyro44;504256”]Good luck with this trade, i also took the trade.I placed it @ 1.0471 short and my t/p is 1.0418. [/QUOTE]
What PA is there? I didn’t see it when market close today lol
What’s the signal m8?
AUDNZD Daily
We were discussing it few posts ago. the close of the BEEB did not close below 1.1900 level thats y we didnt take it.
But if you think it looks good for you, go ahead.
Jack.C