Forex Price Action

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11962

Any on the pin bar that fired the gold yesterday?

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11963

Just hit my 2nd target on 2 trades involving AUD. One on AUDCHF (B) +225 pips and one on EURAUD (S) +340 pips. :smiley:

11964

Well done.

Cheers

11965

I am on this one :slight_smile:

11966

any thoughts on the AUD/JPY 4 hr? big pin bar due to close in 30 mins.

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11967

Long audnzd here since 1.1522 some profit already taken

11968

just closed down. only thing i don’t like is the strong bullish movement leading up to it.

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11969

It’s rejecting a VBRN @ 90.00.

However it’s a CT trade, if you enter it keep your stops tight.

Good luck.

Cheers.

11970

i’ve put an order in to sell at 8969 (where that red line is on the graph) i thought that would be low enough to confirm a reversal. think that’s the right play?

11971

After yesterday’s mistake I didn’t dare take this trade but I am still posting it here to see if this is a valid pin bar on EUR/JPY H8

I marked my S/R in Green and red respectively

So I would appreciate your input

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thanks

11972

Just be careful there is a major support around 130.60.

11973

that is a good buffer for the signal, that is 10+ pips from the low of the candle, which will keep you safe from a majority of false breaks.

11974

Thank you for your continuous help as I said I didn’t take the trade just need to make sure I got my S/R correct this time and it is a valid pin bar following this thread PA rules

Also how did you know about the support are 130.6 ? from the graph or experience

11975

Hi, good evening to everyone. I started to forex 1 year ago with Price Action. I learned this system from a turkish trader, thanks to him (Mr. Kayhan). And ı saw this thread 2 weeks ago, started to read and now ı am at 75 pages.
Firstly ı want to thanks to Mr. Johon and after dudest, krugman
 etc who share their idea about chart. Good pips all of friends.

11976

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I just used the candles. Here is a daily chart, I highlighted the daily candle that respected that level as either a support or resistance.

11977

Welcome.
Please share what you have learned.

11978

That makes it clearer

Just to make sure so this time at least my pin bar is valid but I missed an important Support line right ?

Is it ok to trace S/R on daily and then spot a trade on another TF ?

11979

[QUOTE=“Kasravi;526304”]

Well done.

Cheers[/QUOTE]

Thanks Kasravi!

What do you all think of the 4H pin bar on the GPBAUD? I am traveling and on my iPad so i cannot post any screenshots, sorry for that. I think its a decent pinbar that sticks out at a nice level and a possible entry with the current trend.

11980

I’d recommend trading daily charts only for a while to anyone that might be struggling on some of the shorter time frames. I only trade daily charts due to work commitments but it has been a blessing in disguise. The set ups seem to be more clear and reliable. Best of luck.

11981

Hi Diablo,

The pin is a strong one, as a matter of fact there is a strong pin on all Aud pairs.
Something is brewing 


That is where skepticism can come to play for many . I say if it is in your books go for it. It is indeed rejecting the latest support.

Cheers.