hi abc2005
in this case i am fully agree with you
we should not be so hurry rather we should wait for a correct condition
to enter the market
we should wait for a nice pullback
the problem is when we set orders below or above pb + 5-10 pip buffer is to avoid false trades , when we take it on a retrace , the possibility of false trade is veeeeery much because maybe market want to go on and we get our orders in .
Could a senior member explain it alittle ?
thanks
it really depends on the āSchoolā a lot of PA traders/teacher wonāt wait for confirmation (break of the pin or the bar) however Johnathon is more careful and sets the order at the break of the PA as a sign of confirmation for the PA
There are even traders that open a position in anticipation that a particular candle will turn into a PB, crazy isnāt it.
The thing is opening a position once the high/low of a PA has been broken is a more sensible thing to do. And by far the safest.
Best
Regardless of your method, it all comes down to consistency. Your edge will only play out if you makes the same entry every time.
Yes, we have to remember anything is possible. I am waiting for a buy order to be hit on this pair atm, so lets see who is right 
Cheers
[QUOTE=āadamjn;614126ā]Yes, we have to remember anything is possible. I am waiting for a buy order to be hit on this pair atm, so lets see who is right Cheers [/QUOTE] Iāve already taken my money mate, I was in on the 4hr yesterday 
Iāve moved to BE and taken half profit so effectively Iām in the money either way now.
Sound like your back in the game dude. Glad to here it!!!
have a good weekend mate
Darth
High momentum bars like this are easily reversed, plus this candle doesnāt fully engulf the previous candle, I am 100% sure Johno would agree with me on this.
Another thing, you have entered early again, if you get into this habit, make sure you are saving to fund a new account as it is dangerous to keep doing thisā¦
Cheers
Good job boss! Well played, I would have TPād around the level you did, if we are thinking of the same level.
Play it safe as per usual
Have a great week-nd for all the great traders of this thread.:42:
[QUOTE=ādarthfrancis;614137ā] Sound like your back in the game dude. Glad to here it!!! have a good weekend mate Darth[/QUOTE]
Hey Darth
Yeah not a bad week, this week, no losing trades which Iām pleased about. Just keeping things simple and playing tightly. Hope your well mate, and youāve had a good week. Iāve closed the rest of GBPCHF trade out and now set for the weekend festivities. I love weekends, no early morning charts!
I was wondering if you senior traders could tell us some positions that you took this week , if you just say the pair and TF is enough
Gold H4
Gold Daily
EJ H4
EJ Daily
GJ H4
Silver H4
Silver Daily
UJ H4
GBPAUD Daily
EURAUD H4
EURAUD Daily
I am not a āseniorā here thoughā¦ but all hit their TP without any bother
May you please post some broker charts showing your entry and exit for a few?
Gracias in advance,
Have a nice weekend.
The term [B]āBoomshaka-lakaā[/B] comes to mind.
Best
WOW thatās impressive if its genuine,Ive seen nothing like that amount of viable trades this week so I must have been asleep
I think Adam trades set-ups beyond the parameters of what is taught on this thread. I didnāt see that many set-ups ether Buster.
I only had 3 trades this week: GBPCHF 4hr Pinbar which I consider to be an A+ trade, it formed at a swing high and was with the trend. Although price didnāt make it all the way down to my target of support, I did take nice profit from the trade.
I also entered the EURGBP 4hr pin bar which formed at the same time, I split the risk between the two and played this one much more tightly as I thought it would struggle. Perhaps not an A+ trade but it is a valid pinbar and formed at a good area
I also bought the NZDCHF at some point.