Overall uptrend buddy. Higher lows.
Darth
Overall uptrend buddy. Higher lows.
Darth
Ha. good spot! Only problem is that it is trading straight into resistance. With that daily pin I think it may go down before up. But hey if things where that obvious we would all be rich.
Darth
Hey Farhan!
The pin is perfect in formation, but unfortunately it is not at swing high.
It would have been best if it had been formed nearer the S/R, there would have been more room to trade into.
Not saying it can not work out, but that not-at-swing-high component makes it a pass for me.
Cheers!
.
Hey abc!
Itās a range trade [ same as the correlated AUDCHF pin trade opp ]
Yes, there is some light traffic ( not too significant though IMHO )
The trick is to decide IN ADVANCE what you will do when price gets to the traffic
-> either: take full profit
-> or: take part profit and protect capital (move sl to breakeven)
-> or: only protect capital (move sl to breakeven)
-> or: do nothing
Everything rises and falls with trade management.
Cheers
I also decided on GBPCAD.
Set orders my morning ( 10 hours after market open ), low of pin was still intact
Letās see how they all play out this week
Cheers
Questions about GBPCAD. It looks a really good setup except for the fact that it is counter trend.
Did you guys decided to take it because āAREA1ā looks to be offering a really decend resistance. Or that the pinbar is really good looking? Im asking because I am really paranoid about CT trades and wondering what is the main reason that makes this so appealing?
It seems like AUD/CAD is gonna break VBRN 1.0000
people eur/cad 4h is making a 2bar reversal from swing high / 8h beeb from swing high .
there is still 2 hours to close buy have an eye on this .
Good luck
What is think , GBP/CAD is very good , itās rejecting a very strong resistance with a good pinbar .
the only problem is that itās counter trend and it need very tight trade management.
Iām on this one too , it could take a while to take Tp or Stops
have patient
Good luck
for people who has no trade
Gbp/cad 4h --> closes a beeb on swing high , itās a very strong beeb .
eur/cad 4h --> a very strong 2bar reversal rejecting high , 8h a big beeb .
Hi guys. Has anyone taken a trade on cad jpy d1 pinbar?
Thank you abc2005 for your kindness .
Really glad I found this thread at the start of the new year - a straightforward, no B.S. method that actually works.
Thanks to Jonathon for sharing some of his knowledge and experience in this thread for free, to prove that his method generates results, and thanks to all the other regular posters here who know what they are doing and helped show the ropes.
With that said, Iāve made the decision to purchase Jonathonās members course based on the results I have seen since I found this thread. Looking forward to talking with those of you here who have also done so in his members section, and expanding my Price Action knowledge beyond what has been so wonderfully presented in this thread.
Checkout the weekly, what everyone is forgetting on this pair is that the trend has actually reversed from bear to bull. I think that the pair is not only going to break VBRN 1000, its gonna continue up - to about 1.0500. Well this my opinion.
Potential BUEB forming on the AUDCHF Daily chart? What do you think of this setup if it turns out to be a BUEB after the close of the current candle?
I think that the trend has not yet reversedā¦ if daily candle closes below VBRN 1.0000
Very nice but FrA is way too near
Iām curios. Are you planning to be a full time trader? or Are you already one?
Planning to be a full-time trader by age 25 at the latest. Currently 20 and studying engineering at University. Iāve already learned that 9-5 jobs suck, working for other people sucks, and that if I want anything out of life I need to put in the work to get it.
Nice setup