Forex Price Action

[bhops]

In this method PB for LONG should have a long wick pointing south, right?:33: This one is pointing north… So a No-Go for me. I hope it would go nicely for you, if you’re already in a trade!

No-one should be trying to go long here. For the reasons you have mentioned Sergei.

[bhops]

@zakuthimdlethe

Hi Fam
This is my trade.Based on 2br reversal.

Not a great 2 bar reversal to be honest, although it is happening at a decent level it is not creating what we would call as a swing point.

I think there is decent evidence for price going either way right now. The best idea would be to step aside and see how this arm wrestle between the bears and the bulls plays out.

[forbiden]

Johnathon, you mentioned for CadChf against the trend opportunity,but I think it is very risky position because the bar before PB is very bearish and the 0.90000 resistance level is very strong plus PB on Daily chart… You teach us not to take risky trades…
Here is the chart

[jackson905]

I took the Pin at USDCHF DAILY.
Unable to post any chart right now but the reason I took it because the 50% retracement and the BRN 0.9500 + Pin bar.
SL at the top of the nose and TP1 at 0.9405.

Thoughts?

[Belier]

I took the Pin at USDCHF DAILY.
Unable to post any chart right now but the reason I took it because the 50% retracement and the BRN 0.9500 + Pin bar.
SL at the top of the nose and TP1 at 0.9405.

Thoughts?

I’m also in but USD seems to be still strong, so we’ll see.

[dudest]

I took the Pin at USDCHF DAILY.
Unable to post any chart right now but the reason I took it because the 50% retracement and the BRN 0.9500 + Pin bar.
SL at the top of the nose and TP1 at 0.9405.

Thoughts?

I’m also in but USD seems to be still strong, so we’ll see.

Didn’t take it as would have liked the tail to be longer (i.e, would have liked a bigger pin)

Best of luck to you and all in it!

.

[Sergei13]

I took the Pin at USDCHF DAILY.
Unable to post any chart right now but the reason I took it because the 50% retracement and the BRN 0.9500 + Pin bar.
SL at the top of the nose and TP1 at 0.9405.

Thoughts?

Didn’t take it - my SR are elsewhere heh, I wonder why they are always somewhere else…

[jackson905]

Didn’t take it - my SR are elsewhere heh, I wonder why they are always somewhere else…

Maybe u should be glad haha… seems that US is really strong today. Not looking good

[jackson905]

Didn’t take it as would have liked the tail to be longer (i.e, would have liked a bigger pin)

Best of luck to you and all in it!

.

Yeah a bigger pin would be better but yeah thanks man!

[jackson905]

Lost on the USDCHF Its ok i’ll get in a better trade next time! Good luck guys!

[forbiden]

Lost on the USDCHF Its ok i’ll get in a better trade next time! Good luck guys!

I will wait for PA on UsdChf on 0.95500…I think it is stronger resistance level than 0.95…

[Wookie1985]

[QUOTE=“jackson905;505664”]Lost on the USDCHF Its ok i’ll get in a better trade next time! Good luck guys![/QUOTE]

Me to mate, wasn’t the best PA to be fair but took it on demo and got stopped out

[Pips_Ahoy]

@PipDom

This is my trade for today, please tell me what do you think…
Pin bar at a major resistance point.

First TP near a minor zone 1.31 and then be or 1.32…
So far it is going in the right direction but I had my doubts about it.

Did anyone else take this trade?

Regards,
PipDom

EDIT: IT ALSO SUGGEST A DOBLE BOTTOM FORMATION…

i took the eurusd trade, last monday on the weekly chart based on a beeb:p

price went down 95 pips and now it’s at about 70 pips from my entry. i project further downward movement based on the weekly chart pa

[shane]

i took the eurusd trade, last monday on the weekly chart based on a beeb:p

price went down 95 pips and now it’s at about 70 pips from my entry. i project further downward movement based on the weekly chart pa and will keep you updated as the trade progresses

mine already hit tp. LOL.

[Pips_Ahoy]

mine already hit tp. LOL.

were you in on the daily beeb or the weekly beeb?

[zakuthimdlethe]

Not a great 2 bar reversal to be honest, although it is happening at a decent level it is not creating what we would call as a swing point.

I think there is decent evidence for price going either way right now. The best idea would be to step aside and see how this arm wrestle between the bears and the bulls plays out.

Thank you Bhops
trade was a big loser.And something the A+ judgement when one analyses the pairs because this was a clearly poor trade and I am glad it never worked so I can take something from it.

[h3yn0w]

i took the eurusd trade, last monday on the weekly chart based on a beeb:p

price went down 95 pips and now it’s at about 70 pips from my entry. i project further downward movement based on the weekly chart pa

If you don’t mind, how did you manage your SL and TP on this trade.

[shane]

were you in on the daily beeb or the weekly beeb?

eurusd an gbpusd weekly beeb. lol. both hit tp last week

[PipDom]

beeb?? What is that?

[ILovePizzaMore]

[QUOTE=“PipDom;505834”]beeb?? What is that?[/QUOTE]

Bearish engulfing bar