Hi,
I have switched from Oanda because of that and also they showing weekend candle so that will make your chart look different than all others have, and you will receive different/wrong PA signals…
I pulled out of my EJ long and took a small profit, but I am still holding GJ, it’s not looking very good at the minute, but wait until your stop is hit or else TP, every trade has a chance of loosing, no trade has more of a chance of being a winner than the other if you only take the best setups… Loosing is just part of the game.
as Johnathon and other profesor traders talked some months ago, when the price is extremely high or low, there is no level to rever from. the signal to enter is just obvious PA, the key to counter trend trades are HUGE reversal signals. and this one is not enough for me.
Great, thank you all!
Ok, It’s up to you. I closed my trade - locking some profits because it wasn’t a A+. I knew it was going down. Maybe I’ll reenter but not sure there are many more trades out there in the future.
I marked S/R lines on EUR/JPY Daily
I went to H4 chart
and I saw this pin bar at High swing
It went down properly it. Could it have been a good setup?
hi guy’s
this is my first post in this entire forum @ as you can see I’m a novice in PA.
this is GBP/USD W1 TM
so as I see there is a pinbar ! and also a BEEB ! am I seeing it right or not…
and I have some problem with anticipating the pullback $ does any one have any advice ?
thank you for your answer already and sorry about English .
I need some one to say it is
Hi jake itt, welcome here!
I think for that BEEB you need it to be at a swing high, wich is not… it doenst mean is not going to be profitable, just its not a A+ set up.
Rgds
in my opinion that is a swing high. i’m not sure how you define a swing high but that is. however its definitely not an A+, its against the trend for one and thats not technically a BEEB, kits high isn’t above the previous bars high hence it doesn’t engulf the bar
+1
Would never take a short position against such a steep, strong uptrend!
tonight is the opposite of last night…no good set ups anywhere
Very Interesting read. Seems as tho you guys have gotten the drift of trading PA. I have been studying Pa for over a year and I still cant make it work. Perhaps you guys “critique” my charts of trades that I took. Ill try and post my trades everyday. Thanks
post one now so we can discuss something over this boring period
If the image quality isnt good. Can you suggest another way I can share the images?
it needs to be a bit bigger, just use the zoom tool
Alright Ill Re-up.One Sec
zoom more mate…and just type whats the pair and the TF…zoom in in your entry so we can see the PA