For your kind information 126 and 127 are not BRN,s they are round numbers and they don,t have any psychological importance.I only trade into the BRN,s if the PA signal is accepting or rejecting the BRN .And in that USDSGD pair if the PA signal accepts the BRN of 1.2500 there will be no room left to trade into.Please go back into the thread and read about the BRN,s and VBRN,s there is lot of info available.
Cheers
⌠or is it?? :13:
[QUOTE=âmarketdeal;542505â] For your kind information 126 and 127 are not BRN,s they are round numbers and they don,t have any psychological importance.I only trade into the BRN,s if the PA signal is accepting or rejecting the BRN .And in that USDSGD pair if the PA signal accepts the BRN of 1.2500 there will be no room left to trade into.Please go back into the thread and read about the BRN,s and VBRN,s there is lot of info available. Cheers[/QUOTE]
Thank you for clearing that up, I learn something new everyday.
Fact remains the same, you trade the price story, not BRNs, VBRNs, full moons or bird migration(being a bit facetious here). BRNs are an area to look to for potential price action, but if price has historically not show any respect for a BRN or VBRN, then how much value does it hold for your current trade? At that point you are just speculating. Iâm not diminishing the power of round numbers, but me and others picked up from your original post that you are placing too much important in an arbitrary number, and not in what the charts are actually showing.
[QUOTE=âtonyro44;542503â]Off topic, everyone have a great week-end and enjoy life. Next week is going to be a rollercoster ride.:)[/QUOTE]
You too tony! I think we all did our best trying to find those A+ setups. I could use a little roller coaster action, maybe it will throw out some good PA. Enjoy your weekend.
Hi everyone 
I have been following this thread and have started reading up to page 24 now. I must say I really enjoy this method of trading since I donât use any indicators to trade myself. Tried too many indicators the first time I start to trade and I really paid a ticket to hell, lol.
Now I am trading without an indicator myself using a method from another mentor, but his method works only for trending markets though, resulting in only a few trades every few months. I believe Johnathonâs method will give out more potential trades
Please excuse me if my question has been brought up somewhere in this thread, but I was wondering about daily, weekly, and monthly pivot points, i.e. the one with PP, S1-3, R1-3. Are those valid S/R levels or are those considered to be another indicator and should be chucked to the rubbish bin??
I appreciate any clarifying answers please forgive me if this question has been brought up somewhere in this thread.
Thanks a lot!
[QUOTE=âfrosty85;542515â]Hi everyone I have been following this thread and have started reading up to page 24 now. I must say I really enjoy this method of trading since I donât use any indicators to trade myself. Tried too many indicators the first time I start to trade and I really paid a ticket to hell, lol. Now I am trading without an indicator myself using a method from another mentor, but his method works only for trending markets though, resulting in only a few trades every few months. I believe Johnathonâs method will give out more potential trades Please excuse me if my question has been brought up somewhere in this thread, but I was wondering about daily, weekly, and monthly pivot points, i.e. the one with PP, S1-3, R1-3. Are those valid S/R levels or are those considered to be another indicator and should be chucked to the rubbish bin?? I appreciate any clarifying answers please forgive me if this question has been brought up somewhere in this thread. Thanks a lot! :)[/QUOTE]
Welcome to the community, Iâm glad you posted and I hope you become a regular here. Iâm glad you see the value in Mr. Jâs method, it really is a superior way to trade and gets you the best trading edge possible. It combines all of the most important aspects of trading such as identifying important PA candles at key levels, great trade management that helps protect your capital while maximizing profits and also looking at the psychological aspect of trading and how to think and act in a way that helps you succeed in trading. I cut my teeth learning PA from random places online, and was having good success, but after I adopted Johnathonâs method fully, my success really skyrocketed as it got me out of some bad habits I had learned out in the PA trading world.
To answer your pivot point question, we do not use them here. Anything that takes historical price and runs it through a fancy calculation is an indicator, which includes PPs. The best way to look at price is in its purest form, which is price itself. Looking at it using candlestick charts help squeeze out every detail of what price has done and is currently doing. The only SR levels you will need to know are the ones that price has already made, and can be found on your candlestick charts.
I hope to be seeing you more around here!
-Aaron
Welcome, frosty! Sounds familiar, I also was at that Dark Age not a long time ago.
Well, I hate to pop your bubble, but Johnathon really believes that â[B]less is more[/B]â. A+ trade setups are rare, but they do come in waves. By all means, please continue reading until at least 50 pages (minimum) or 200 pages (recommended) from this thread to see how it works. Especially important there is any post by âForex School Onlineâ or âbhopsâ.
Once youâre done, weâre all looking forward to reading your own trade plan whenever you identify a possible A+ setups. Thatâs mostly how it works in this thread. Johnathon himself will come from time to time to give important comments or notifications, especially when things start getting out of control.
To the rubbish bin, indeed. Only 2 S/R lines, please.
No problem, mate! Hope we all can help you here, as long as you yourself also show that you have done your âhomeworkâ first and not merely asking for âsignal serviceâ.
Well another week of trading over,or in my case not trading as I personally saw no a+ signals this week ,I would be interested to hear if anyone else saw any or was I not paying attention (excluding gold oil exotics ).I can see quite a few things on the dailyâs that could develop into a+,s so perhaps next week will be good. Any way I wish you all a good weekend and look forward :53: to any reply.
You are most welcome, I am receiving so much help it is a great community.
Just make sure to take all my comments with a grain of salt since I am just a newbie trying to learn 
Hi Dudest,
My condolences regarding Eur/Cad short.
But do you know what is worse? Is the fact that still all my Pa knowledge,swing trading experience and market behaviour understandings leads me to believe that this pair is going to hammer down!
But somebody doesnât want us to ride with them. Welcome to SeptEnder!
Cheers
That reminds me to this part of [B]Letter from God to Forex Traders[/B]:
âKeep in mind that Iâm the only one who does not make mistakes. Even if you learn all the rules and techniques, behind you will have several years of experience, you will still be losing money. But thatâs okay. There is something called a stop-loss. This is one of the most important things in the whole forex market. Never ignore placing reasonable stop-loss.â
I put the complete letter in my blog so that I always remember it whenever I do my Forex trading. One thing for sure here: [B]God has mercy. Market doesnât.[/B]
Hello, Why do the trailing stop on my metatrader do not work??
Iâve set for some points for the profit, but it doesnât want to lock the based on my trailing stopâŚ
Hi Aaron,
Thanks for your quick reply! I should have thought that pivot points are indicators as well since they are calculated with some sort of formula.
I would safely assume fibonacci retracement and expansions are also indicators then, since they also takes historical swing prices and run them through a formula? Or am I mistaken?
I have read Johnathonâs tutorial at
Support and Resistance - The Key to Price Action Trading Section
I have read this sentence under the âbaking a cake|making winning tradesâ section:
âIf on the other hand you trade that entry candle with other layers such as within a strong trend, at a key support or resistance level, at a key swing point, and a critical [B]Fibonacci level[/B] then with the added layers of confluence your trade is going to have a much better price action story and a much high probability of being a winning tradeâ
Therefore, now I have a mixed view on fibonacci. Is it or is it not an indicator?
Thank you for your answers. I sincerely appreciate the help
Cheers,
Alvin
Hi wm247
Nice to meet you!
Thank you for your informative post as well. I will try to catch up quickly and hopefully will be able to post some potential setups using PA method
Cheers,
Alvin
Hi Alvin,
Fibonacci can be used, but the idea here from Coach J is [B]THE CRITICAL[/B] Fibonacci level. The reason we do not use Fibonacci at this thread is that traders tend to [U]abuse Fibonacci [B]AT ALL[/B] level[/U] so much that itâs not even funny anymore. Most of the time, you do not need Fibonacci, though. Even at FSO, I rarely see fellow traders use Fibonacci when we discuss our trade setups there.
Cheers,
Willy
That is a great question frosty. Fibonacci retracement is actually not an indicator. All Fibonacci is, is a way to measure pullbacks in price. There are a couple key levels 50% and 61.8%. These are levels heavily used by the market, and are often accurate for finding PA signals. They are only used in trending markets, as a way to measure how much price has pulled back since the last swing high/low. Fibonacci is essentially a ruler.
The easiest way to figure out if something is an indicator is if it is a value derived from historical price or volume. Almost everything you will find apart fib will fall under that category.
As Willy mentioned, fibs arenât used in this thread. Most novice traders donât know how to apply them properly or struggle at identifying trends. Over at FSO there are members who have mastered the foundation aspects of this method and do use the Fib occasionally.
Hi ddeen ,Ive had a problem with trailing stops on MT4 as well.Apparently you cant turn off your pc with a trailing stop on ,as its stored on your pc not the server so wont trigger with your pc turned off ,check out trailing stops on mt4 on utube as well (as I intend to) as thereâs some good info on there,hope that helps,good luck.
IN DEPTH ANALYSIS
Eur/Cad H 12 Pin bar,
On 23rd of August Johnathon pointed Eur/Cadâs Killzone out.
EURCAD Price Action Kill Zone | 23 Aug 2013 - Forex School Online.Unfortunately no setup presented itself and price moved further down.
Price on that pair eventually found support and rotated back into the same area that was pointed out in August. Eur/Cad was in an uptrend for a long time. However recent swings were not able to make higher lows on that pair.
With price seemingly stalling at 1.3900 area, suggesting a pullback from recent downward movement.
On the 12 hour chart an obvious pin bar has presented itself, streching from 1.3900 to VBRN of 1.4000. This pin bar is at a swing high and is declining the resistance line which is the criteria to trade any pin bar reversal.With Price Rejecting that area of interest, we can position ourself in line with the recent momentum.
If price is to break the low of the pin bar which comes at 1.3915 the next support will come at 1.3830. There is a high possibility of a trend reversal and if that is to happen price has to push lower and away from this critical level and break the next support line.
Thank you very much for reading.
As always looking forward for a in depth discussion.
Cheers.
Honestly, I donât see how you guys seen this as a valid signal, now this is just my opinion, and I am no PA pro, but here is my analysis.
On the 7/8th there was a false break, price closed above the line of resistance, then the next day it dropped again, finally then it broke out and retraced again to test support. Price then rose again and found some resistance, it dropped and tested the level it broke out through and couldnât break it.
Basically, IMO, this PA formed in no mans land.
Just my 2 cents, as I said, I am no PA pro 
If you win that,s your money and even if you will loose that,s your money))I am just giving you a neutral advice and there is no ego involved here.I know plenty of cases where price in the past have shown no significance at a particular BRN or VBRN but price turned around because of the BRN or VBRN.With knowing the importance of psychological numbers and placing your trades right into them is more like a gambling.Please go through the charts in focus section at johno,s site and see a USDCAD D1 trade johno posted a while ago in which the PA signal was occurred at a very right resistance area on a D1 chart and it was a perfect A+ trade but the only problem was it was trading straight into the VBRN of 1.0000 and later price found a strong support at 1.000,price turned around an hit the stop loss.