Forex Price Action

Yeah that was definitely the setup we talked about missing the entry as entry was set on “pinbar” on daily.

Darth

then why is your sell line that low lol

based on that i assumed your talking about the recent one

its so refreshing to see John posting again…makes me wanna post charts again XD

this set up just hit my TP…took it because it happened at an uptrend…swing low…support zone…the PA itself wasnt that big of a candle but i took it


Good trade. Fortune favors the brave. The fta was too close for me.

So we have the good, the bad, and the ugly? Just kidding, I understand what you mean, Coach. :slight_smile:

Hi everyone. I’ve been studying this thread and let me tell you that Jonathon explains everything very conveniently through examples and it is very useful for me when he repeats important topics which is for me a key to understand his PA strategy- Thank you. So starting with the recent AUD CHF.

This is the step I’d make:

1.) Drawing support resistance lines and “rounding it up” on daily chart.


2.) Go to H4 chart zoom in and see what’s going on.
3.) I spot a 2bar reversal at swing high so I wait for it to get finished.
4.) I spotted a minor support line so I place my sell TP around there to lock my profit and than see how price reacts to that minor support line. If it pass it way down than I enter again.


Other scenario: There is a pinbar on the daily chart It would be good to trade that but there is some traffic there which also seems a minor support. What do you guys think?


Thank you again Jonathon that you sacrifice the most precious commodity which is time to help all of us.

That is not a valid pin. The price didn’t close within the previous candle.

Is there no concern about trading back into the support / previous resistance?

hopefully a short set up will happen to this soon


I’m looking for previous but recent possible PA setups. I need an opinion on this.
A pin bar formed at swing low on USDCAD. Would it have been A+ setup?


close up


100% that is not a solid level to jump up from.

On daily chart - Top wick is too long for my liking.

Close chart - I don’t see anything of note.

Time to get some sleep, nothing going on here except looking at H4 set ups I missed and sigh.

I’d like to ask why? its a support level at 1.05800 - BR


what you think ? 4 hours left tho

I think is time to pull the trigger short with a stop lost of .08435 and t/p of .8360. That is what i would do

never take a trade before the candle close

for example its starting to rise now…it might not be a pin bar in the next 3 hours

2BR might form by the time this closes


all the JP pairs are 2BR at daily lol

guys do you use EA to manage your trades or manually?

because i see people having multi TP points and sometimes i only see one order on their screen…i assume thats an EA?