Forex Price Action

Ahh I missed the H4 pins. Such nice movement. It’ll come again. :54:

Thanx. I had my support line a little bit higher but I gained some.:32:

This USD/JPY is going up again. It didn’t reach the end of the long space to hit the SL. It didn’t reach any critical levels either.
That’s my opinion.
Anyone taking it?


This is a tricky one I think. There is a some kind of a proper pinbar at swing high but the resistance level is almost non existent. :31:


My NZUSD trade hit TP

yay

hi Fianos,
when the price reach the extremmely high or low, we dont need the level. just the big PA signal is enough.

Cheer, Justise,

I got this win trade +60 pips, also EURNZD with + 110 pips already.

Thoughts on this set up GBPJPY 1hr


Besides still in this long trade, compare the size of that pin to the 4 bull candles. Indicates to me in addition to lastweek’s big bull candle only a matter of time it will be run over.

So shouldve Been Looking for longs instead?

In my opinion not a value level to be looking at either unless playing a long breakout. If I were forced to look for a trade then I would at least wait for a retrace to join the bull trend but standing aside on all TF if I had the option.

Assuming we were in a range, and we’re anticipating a short at the top. Prior to price reaching the top wouldnt we be in a bull trend? if the range was a wide one?

It’s making higher low, so looking for long from swing low would be preferable as your way down is shortening.

Currently it’s also making a higher high, not by much but still a higher high.

Excellent spot sachit, and thanks for sharing!

I’ve already moved my stop up and looks like TP1 may be hit today

Cheers


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That wan’t an EB ( didn’t engulf the candle before it ).

And it’s at swing low ( shorting into support )


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Careful cheva, mixing time-frames will give you that indecision :58:

Treat each time-frame independently ( that’s what works for this method )

Cheers

Listen to your gut!..

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You’re welcome!

I didn’t take it ( coz I would have liked the pin to be bigger ).

But I took the H12 bullish pin that sachit posted yesterday

Cheers

My resistance level for USDCAD is at 1.1000 ( drawn from monthly ).

That’s just above the pinbar’s high.

However, for what would be a seriously counter-trend setup, I’d have liked to see a MUCH BIGGER pin

Cheers

We’re here to make cash! Good job on doing just that :)!

Cheers!