Forex Price Action

[dreamerz]

Aaah, touch trading

I do it at times (as a personal twist to what I’ve learned from this thread); with Johno’s method, the level (area) comes first, so one gets to build a good feel on which levels are more key than others.

That’s said, starting off with touch trading can burn you pretty first, the SLs can build up pretty quick.

I’d recommend learning to trade off PA signals first (profitably), then you can explore the touch-trading aspect more in-depth after that [ I bet you you will find it much easier coz now you’ll ‘see’ better ]

Cheers

Yes the S/l hits I have is ridiculous. Im trading only after confirmation now

[dudest]

@cheva282

Did anybody took the Daily 2BR on EURCAD? seems like a A setup

Not me. Waiting for long PA at the support

.

[dreamerz]

The rule of thumb is to trade ranges only from the extreme points ( top & bottom ); more odds in your favour that way

Cheers

What confuses me sometimes is that there are sometimes ranges within a range.

[dreamerz]

Pointers:

Strip the indicators off your chart, and work with a clean chart only

Read up on PAGE 1 of the thread, on the types of PA setups we trade ( EBs, Pinbars, 2BRs ).

Criteria for the setups + entry and SL are included.

Cheers

Havent reached that part of the thread as yet. Its a lengthy read. Thanks for the word

[dreamerz]

In a massive down-trend like AUDUSD, you are safer looking for SHORTS (you’ll have the momentum on your side)

Gonna stick with the trend from now on

[dudest]

What confuses me sometimes is that there are sometimes ranges within a range.

True. If you spot any throw up a chart and we can discuss.

Cheers

[dreamerz]

True. If you spot any throw up a chart and we can discuss.

Cheers

Roger that Boss

[Panupat]

@cheva282

Did anybody took the Daily 2BR on EURCAD? seems like a A setup

Counter trend, bearish candle smaller than the bull, and that level seem to be holding really strong too.

[Panupat]

What confuses me sometimes is that there are sometimes ranges within a range.

Yeah most of the times there will be a few S/R levels in between. The less there are, the better obviously And some room to move before hitting first S/R

[maryocairo]

like thise

[justise]

the fight over 1.200 between bears and bulls in 2005 EURUSD Daily chart

these VBRN dont joke

[juancliment]

@dudest

Not me. Waiting for long PA at the support

.

Dudest, interesting. One question: Why are you considering 1.47 as next important support instead of 1.48? I am asking just because I was focused on 1.48.
best

[sensiblekiller]

Dudest, interesting. One question: Why are you considering 1.47 as next important support instead of 1.48? I am asking just because I was focused on 1.48.
best

confluence i guess 50% fib too lies at 1.47

just my 2 cents

[dudest]

Dudest, interesting. One question: Why are you considering 1.47 as next important support instead of 1.48? I am asking just because I was focused on 1.48.
best

What sensiblekiller said above

Cheers!

[wm247]

What confuses me sometimes is that there are sometimes ranges within a range.

Just like what your name implies. We need to go deeper.

[B]Inception[/B] reference, everyone?

[Panupat]

Naughty wm247.

[semmee]

Just like what your name implies. We need to go deeper.

[B]Inception[/B] reference, everyone?

French Horns

[Keel]

Guys, what about GBP/USD, any thoughts ?

[wm247]

Guys, what about GBP/USD, any thoughts ?

D1 has nothing interesting for me. Very choppy and now it’s stuck in the middle of nowhere.

[cwchong]

Guys, what about GBP/USD, any thoughts ?

IMO, the BUEB will trade straight into resistance at 1.6485.