You’re more than welcome mate!
And your English is great, have no worries 
Just keep up posting your charts and trade ideas, and it’ll all sink in really well.
The beauty of Johnathon’s method is that it’s more than a system, it’s also a way of thinking. When all is said and done, traders are consistently profitable coz they have developed a trader’s mindset (with consistency as the core). Consistent application = consistent results!
Cheers
According to the rules of this thread:
PS: your chart looks different…
dudest - my FTA is just right around that level! We’ll see xD If you get your short signal I’ll be out at BE most like.
Okay so here is a Counter-Trend trade I have decided to take.
First TP would be around 0.99 (not shown in graph)
and final TP show in graph.
I dont usually take Counter-Trend trades but this one I decided to go with and maybe you guys can tear this idea down. go?!
Edit: As MaineForex mentioned, this is indeed not an engulfing bar. I had previously for some reason misunderstood the concept of an engufling bar. Thanks for pointing it out.
Edit2: After gathering some information, can I classify this “BEEB” as a 2BR? Or is the body of the “BEEB” too big (not similar to previous candle) to say this?
Hey Papagoy, The yellow candle on the 4 hour chart is NOT a bearish engulfing bar. It does not fully engulf the previous bar. Just wanted to point that out. Good luck
Reason I’m asking this, if it would be D1 chart and NY close is at 24.00 my time and I wouldn’t be sleeping and wouldn’t know how the candle closes, and next day when I get up, I see that if I would have set pending order I’ve been trigerred, and during that day price my fluctuate up and down sometimes, or other times itmay go stright that way.
P.S. If different is last candle I tweaked it to fit my question (also hope you look at 2011), if others then blame my broker
Aud/Usd Daily.
Testing Major Resistance.
Trend is down.
@Swing High= Value area.
Last Swing High nearly Breached.
Big Number breached.
:64:
Usd/Jpy Daily @ Price Flip
Resistance turned support.
Trending up.
Usd/Jpy 4hr
Price rotated back into broken resistance.
Tested as new support.
BEEB and Pin @ Swing Low Value area.
Long Term Trend is up.
Short Term Trend is down.
Pin@Swing High.
Waiting for price to rotate lower into broken resistance.
Succession of lower lows and lower highs.
Last significant swing low of long term trend still intact.
Long term uptrend still in play.
May not rotate lower into value.
Serious momentum higher.
I think you meant BUEB, not BEEB. It’s a pretty good set-up, but you’ve long since missed the train for trading based off of those signals (unless you’re detailing a past trade, in which case great job).
On another note, your charts are very hard on the eyes - consider something easier to read like many of the posters here have.
Most informative thread on the net in my opinion.
Keep up the great work Johnathon and everyone else.
There is so much BS on the net to confuse people.
It dose not have to complicated.:64:
Yep meant BUEB my bad.
Didn’t take this as i was away in Ireland on holiday.
I would have taken it though.
Oh well sigh.
Plenty more setups will be along im sure.Lol.
I know a lot of you guys are long EUR/AUD after seeing the pin bar form last Thursday. Currently kicking myself for ignoring the resistance level last night and not partially closing my trade while price was on it. PB is still valid of course, but I would have rather been slightly in the green and closed out of the trade, to maybe catch a better entry later. Guess that’s what I get for being greedy!
As an aside, does anybody know how to set a partial TP in MT4? I know you can do so by modifying orders in real time. Say I longed .1 lots. If I placed a limit-entry sell order for .05 lots at the FTA area, would that close half of my position once price reaches the FTA?
USD/CAD 4HR CHART
Strong upward momentum.
Pulling back to swing low and value area.
Waiting for long opportunities.
1hr Chart
Same support lines.
Half decent pin except size and the size of the bars to the left.
@Swing low and Value Area.
EUR/GBP DAILY
Downtrend in place.
BEEB formed.
@ Swing High.
Closed under big number.83
@50% Fibonacci Retracement.
With Trend=Down.
Candle size good.
@ Price flip
Old SUPPORT turned new RESISTANCE.
Second test of new RESISTANCE
:64:
First of all, I am still in the early stages of my learning to trade using JUST price action. From everything I have read here about 2 bars, either the first bar is too small or the second is too long!!! When “put together” they are supposed to form a pin bar, which is not the case in this example. It would be great to have a more experienced trader help to clarify this for us.
