Forex Price Action

+1 to that Justise.

here are my results since I started on jan 14. not too long results but at least its a start.

trades graph are being showen by trades taken on: Daily chart (D1) Weekly chart (W1) 4h chart (H4) and then Ranging = R, Tranding = T and counter trend = CT

Great job on the profitability guys!, good stuff! :35::35:

Happy new year Panupat! :slight_smile:

Why do I have the feeling that I had lucky on this one? Lucky is not good enough for the long term. I think there is something I didn’t consider with this trade.

Please anyone take a look at it.

First I saw this pin bar on AUD/JPY 12 H with the bullish candle right next to it. Than I enter the trad as you can see below chart.


It hits my TP.


But Than I start wondering. If I enter at the break of the pin bar it could’ve reached the my SL.



[QUOTE=“cheva282;595487”] +1 to that Justise. here are my results since I started on jan 14. not too long results but at least its a start. trades graph are being showen by trades taken on: Daily chart (D1) Weekly chart (W1) 4h chart (H4) and then Ranging = R, Tranding = T and counter trend = CT [/QUOTE]

G’day Cheva,

You must be super pleased with your results. If they are demo only best of luck transitioning to live, otherwise well done!

Is your account linked to myfxbook or what platform is that you are using to monitor your progress?

Thanks, B.

[QUOTE=“fjanos;595531”]Why do I have the feeling that I had lucky on this one? Lucky is not good enough for the long term. I think there is something I didn’t consider with this trade. Please anyone take a look at it. First I saw this pin bar on AUD/JPY 12 H with the bullish candle right next to it. Than I enter the trad as you can see below chart. <img src=“301 Moved Permanently”/> It hits my TP. <img src=“301 Moved Permanently”/> But Than I start wondering. If I enter at the break of the pin bar it could’ve reached the my SL. <img src=“301 Moved Permanently”/>[/QUOTE] fjanos, well done realizing your trade was lucky! When price moves against the entry signal to above/below its high/low, the signal is invalidated and you should cancel your orders to open, and so you would not have traded this setup.

Thanks Bret, Im just learning as everybody else here, most dont share results, I dont know why, its so encouraging for other to see actual results and not bla bla bla all the time with not third parties verified results.

yes my account is at myfxbook, and its live acount no demo, I was demoing the system before but I started live already.

thanks and hope to see you here posting charts!

You mean at the break of the pinbar? As in this example: it cannot go up passing the Pinbar’s body a little bit??

Break of the pin should be below the pin. so if your pending is in the right place, you’d be safe.

I think he means the break of the wick of the pin.


100% correct Bret. That Bullish candle that broke the high of the previous PB should have invalidated the trade.

Beautiful 1,500 pips pin bar on GBPUSD H4. Only appeared on that broker it seems.


Pepperstone chart is looking normal.

On Alpari UK charts AUD/CAD and AUD/CHF have something like that. Pepperstone doesn’t have such thing either. Enybody can explain this?

I don’t have some thing like this either .
I’m using roboforex and I’m really suggesting you don’t use alpari ( not us alpari , Russian alpari ) .
I used to work with alpari , it’s really bad /

Good Luck

Can you imagine the stop loss on that?!!

or if you set a sell order with a trailing stop?? that would be a great day :53:

Darth

The long waiting finally payoff. :stuck_out_tongue: TP1 hit at 1.6516.

I’m really surprised no-one has mentioned the BUEB on the USD/SGD Daily. Trading with the trend, bouncing off a significant level and the pullback is at the 50% level of the last swing high/swing low.


Resistance level for this pair is only 38 pips away according what I have drawn on my chart

I would call it minor resistance. Wait for price to hit this zone, move to BE wait to see if price can move higher.

Hi there, thanks for your price action details in here, i have been using these rules for few months after learning about forex and various pricing strategies, money risk management.
May i have your point of view regarding my details here and profit factor ratio.
MT4 with EURUSD & OIL portfolio

Cheers:51: