Forex Price Action

[fishmoyne1]

Hello everyone,
Would this pinbar break be worth considering around 165 it has had good explosive moves there in the past especially in the S/R zone of 164 - 165

[justise]

ever since i started this method…i made 7 trades

i won 6 trades…lost 1 today…the only one i lost was the only one against the trend

lesson is, i will never do it again…i know you can find good trades against the trend…but for me its not worth it

[filipl]

I most say I love everyone’s view on my NZDJPY D1 PB trade. Thank you all for your input.

An obvious counter trend trade, obvious big trend. But I like the level the pin formed at, I like the pin bar which i don’t believe is small as it stuck out to me straight away but could always be bigger. I also believe the pair is looking for somewhere to pullback to.

Just don’t cut yourself when it drops down suddenly. Just because we say it’s small and against the trend it does not mean it will not work or will. I am sure more experienced traders would know how to properly manage it. But we, here, don’t move the market, we just react to the movements.

Stay focused!
Fil.

[tonyro44]

Good for you it’s nice to know everything is working out for you.

ever since i started this method…i made 7 trades

i won 6 trades…lost 1 today…the only one i lost was the only one against the trend

lesson is, i will never do it again…i know you can find good trades against the trend…but for me its not worth it

[Dekpips]

The only thing that stresses me out about this is that 70% of the time when movement occurs it doesn’t produce a pin bar/engulfing/2BR, and therefore it’s not trade-able

could anyone more experienced than I give me the rough average of trades they take in a week/month? Of course I understand it depends week to week, but on the 4H and daily TF’s, what would a normal range of trades per week be?

[darthfrancis]

Just don’t cut yourself when it drops down suddenly. Just because we say it’s small and against the trend it does not mean it will not work or will. I am sure more experienced traders would know how to properly manage it. But we, here, don’t move the market, we just react to the movements.

Stay focused!
Fil.

I’m good bro. but thanks anyway.

Darth

[darthfrancis]

check this sweet pb at the bottom of the range and stopped at previous S/R and RN of 92.00 on D1.

Oil the black gold.

Thoughts?

Darth

[cwchong]

2BR reversal at swing high.
But it is against current trend.:33:

[Average_Joe]

@fishmoyne1

Hello everyone,
Would this pinbar break be worth considering around 165 it has had good explosive moves there in the past especially in the S/R zone of 164 - 165

EURNZD a rather small reversal pin in a big bearish move IMO. And then there is all that traffic above to contend with and also in the middle of the key levels. I never like “pin” in this case with an upper shadow but good luck.

[Average_Joe]

@cwchong

2BR reversal at swing high.
But it is against current trend.:33:

Looks like a range to me with a possibility of testing the upper level but with NFP today all bets are off for me.

[Jason_Rogers]

Is MT4 not New York close?

I am pretty sure only FXCM Marketscope is NY close, MT4 isn’t.

Hi guys,

I was just going over the posts made on the forum while I was away on Christmas break. FXCM now offers New York Close on MT4 as well as Trading Station.

Happy New Year!

[Tame_forex]

when i looking to this setup i see that we have PB in structure and after this PB
we have Bullish engulfing candle and this engulfing candle is big than the previous
4 daily candle that is mean the bull control the market now
so i expected to be good trade i enter the trade @ 1.6517 my SL is 1.6323 my TP is 1.66975

[Average_Joe]

Tame, maybe you would like to tell us which pair this is? I can’t be bothered trawling through the pairs although this looks familiar.

[pixpol]

It is EURNZD D1

[Average_Joe]

EURNZD looks like it is in the middle of the range trading straight into the traffic on the left. Size of pin is too small.

[justise]

what the hell happened in the GBPUSD chart

[Average_Joe]

what the hell happened in the GBPUSD chart

4:30am GBP Manufacturing Production m/m 0.0% 0.4% 0.2%

From dailfx, prod numbers worse than expected.

[Tame_forex]

Hello Average Joe ,

The pair is EUR NZD ,appreciate your feedback

[dudest]

Just don’t cut yourself when it drops down suddenly. Just because we say it’s small and against the trend it does not mean it will not work or will. I am sure more experienced traders would know how to properly manage it. But we, here, don’t move the market, we just react to the movements.

Stay focused!
Fil.

I’m thinking it will either bounce off 85.75 or break right through…

[dudest]

The only thing that stresses me out about this is that 70% of the time when movement occurs it doesn’t produce a pin bar/engulfing/2BR, and therefore it’s not trade-able

could anyone more experienced than I give me the rough average of trades they take in a week/month? Of course I understand it depends week to week, but on the 4H and daily TF’s, what would a normal range of trades per week be?

http://forums.babypips.com/free-forex-trading-systems/42378-forex-price-action.html#post309175

[B]# How many A+ setups (on average) can we expect per month?[/B]

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