wm247
January 21, 2014, 10:43am
16658
FSO Price Action, my friend. We’re comrade, I’ve seen you at FSO also.
I’m just very picky with my A+ setup. Let’s just say my style is closer to the one favored by bhops. You know, one line from Daily level only? Of all senior at FSO, I like his trading style the best, and I aim to emulate his in my own trading.
Yup agree it looked very weak compared to the big downtrend earlier
justise
January 21, 2014, 11:09am
16660
almost 2 hours to close so im not taking it for now…but this is old R acting as new S
Panupat
January 21, 2014, 11:09am
16661
Pending order triggered on both EURCHF and USDCHF H4 pin bar.
USDCHF has better levels.
EURCHF looks choppier up ahead but I like it because it forms 2 pin bars next to each other (first one not so nice). Showing its rejection to go up.
Let’s see how it goes.
Panupat
January 21, 2014, 11:12am
16662
Well that was fast… while I was posting EURCHF already hit my TP1.
cheva282
January 21, 2014, 11:20am
16663
Guys any thoughts on the AUDUSD Daily 2BR??
Panupat
January 21, 2014, 11:21am
16664
Followed by USDCHF. Both are free trade now.
Panupat
January 21, 2014, 11:23am
16665
It’s still in a very strong down trend. Until I see a 1-2-3 trend reversal, I’m not going to long this pair.
cheva282
January 21, 2014, 12:53pm
16666
on GBPCHF H4 there is an BEEB forming, its on a major resistance level, so I might look to go down… any toughts?
FSO Price Action, my friend. We’re comrade, I’ve seen you at FSO also.
I’m just very picky with my A+ setup. Let’s just say my style is closer to the one favored by bhops. You know, one line from Daily level only? Of all senior at FSO, I like his trading style the best, and I aim to emulate his in my own trading.
Second that. Although not an fso member myself, Bryce’s style captures my imagination the most. I am too picky too…
dudest
January 21, 2014, 1:49pm
16668
No. Puny candles too, esp for a CT
Cheers
dudest
January 21, 2014, 1:51pm
16669
abc2005:
hi
a problem with making other time frames like 4h , 8h .
I’m using period converter for making other timeframes in mt4 .
Sometimes it doesn’t update the charts even if I open it again .
How can I update them ?
Thanks
The easiest and best way is to use MT5 for charting; absolutely no hassle
Post #5:
–> MT5: RoboForex, GoMarkets, InstaForex, LiteForex
Cheers
dudest
January 21, 2014, 1:57pm
16670
Hi justise,
Even if it had closed, that is not the kind of pinbar that we should be taking…
A+ setup:
At Key horizontal level
[B]# At correct swing point
Large + obvious PA
[/B]# Preferably with the trend
.
dudest
January 21, 2014, 2:08pm
16671
BEEB failed to close strong [ shame, that’s a key level ( VBRN 1.5000 ) ]
Cheers
Hi
Looks like a pin form on a good support level. any thoughts
HI my friend, the picture cannot be see properly (too small), I think the pair you are pointing is EURJPY. I think trade is valid… its also posted by Jonathon on his webpage trade Setups… we’'ll see.
fjanos
January 21, 2014, 5:08pm
16674
when the price reach the extremmely high or low, we dont need the level. just the big PA signal is enough.
Is that so? Jonathon, Dudest??
[QUOTE=“Panupat;591639”]Pending order triggered on both EURCHF and USDCHF H4 pin bar.
USDCHF has better levels.
EURCHF looks choppier up ahead but I like it because it forms 2 pin bars next to each other (first one not so nice). Showing its rejection to go up.
Let’s see how it goes.
<img src=“301 Moved Permanently ”/>[/QUOTE]
Mind to share what is your R&R?
From what I see, your risk is larger than your reward.
fjanos
January 21, 2014, 5:26pm
16676
dudest:
Excellent spot sachit, and thanks for sharing!
I’ve already moved my stop up and looks like TP1 may be hit today
Cheers
.
I don’t see that the pinbar opened and closed with in the previous bar. Isn’t that a problem to have an A+ trade. I’m just mentioning one of the 3 rules:
A Pin Bar formation must have the following:
Open and close within previous bar
Candle wick minimum 3 times the length of the candle body
Long nose protruding from all other bars (must stick out from all other candles)
Some explanation is needed here please.
fjanos
January 21, 2014, 5:29pm
16677
It could be a good setup but I’m not sure about the pinbar. It’s not within the previous bar.