Very nice engulfing bar on EURJPY. Rejected 140 which I had marked since a while ago.
And I just noticed it today! Well, when you miss a trade, you miss a trade. Next one will come along.
Hi all,
Anyone fancy the 2BR (at day’s end) at swing-low, rejecting KHL with trend on the GBPUSD? Clear run to 1.69?
Hi all,
Anyone fancy the BEEB on the AUDJPY at swing-high, rejecting KHL of BRN of 96 at triple top? TP1 94.800?
Ranging market since April, so trend undetermined.
I took the trade.
On the daily chart.
Not yet trading the 4H, need to get more comfortable on the daily first.
For me first TP is at 1.682 which is just a few pips above so I’ll pass this one.
I took this one too. Will see how it goes!
Nice, great minds think alike, lol.
Where did you place your TPs, I have mine at 95.244 and 94.800?
Hello Everyone,
I have been following this thread for a few months now and I have been working my way through the first few pages and links attached to them.
I have also been reading all new information posted and the advice from fellow traders.
I noticed the GBPAUD Daily chart today. I believe it follows all the set ups for a PB Buy.
It is a small candle in comparison to others on the chart but it has formed at a significant support.
I believe there is some traffic at the 1.97500 area. But I believe Risk to Reward is good for this trade.
Then the AUDUSD chart has formed a PB as well. I don’t think this one quite follows all the set up requirements, being the candle has opened and closed outside the previous days candle.
I would really like some feedback to learn if I am on the right track with understanding Price Action trading.
Thanks.
PS. Thank you Johnathon and all other positive contributors for keeping this thread alive.
It was the nice trade. But i am just little confusing. If price action confirmed mean it break high or low and how many pips put pending order away from high or low?
Hope it works out for you, personally I think that the close with a quite big wick is a turn off, I would rather have a stronger finish with the close at the low area for a higher probability setup.
I have one at 94.78
Hello Leah and welcome to the thread!
The types of pin bars we want to be playing should be large and obvious and stick out and away from price. The GBPAUD pin in question would not technically be a pin bar as it’s high does not close within the previous bar, nor does the nose stick out past the previous bar’s low. The AUDUSD pin is a valid pin bar, but again, we want to be playing signals that are large and obvious and stick out past all other price. Johnathan’s website Forex School Online has tons of great articles and videos that I highly suggest you familiarize yourself with as they explain many other facets of price action from killzones to psychology and many other things you won’t find in this thread. If you have any other questions, feel free to ask!
Safe Trading,
Joey
It is good to see that the XAUUSD is back in action. After the triangel breakout a couple of weeks ago, it was quiet for a while, but now it is some action again. The 2 BUEB’s are good signals, and now it is hunting season at the new support level around 1260. Will be interessting to see if it takes the trip up to the key level of 1277 that you pointed out in your article.
I really enjoy all you advises and very good teaching on the PA System Johnathon. Enclosed my daily Gold chart with my marking of key PA areas I hva been acting on.
Safe trading
Henning
Hi,
I was in trdae on NZDCAD and today hit my SL.
My entry becuase :
1-Daily Chart - Pinbar on resistance line
2-Pin bar comes after retarce
3- 3rd swing makes LL , LH
Where is my mistake here?
Thanks
Was Reserve Bank of New Zealand decision about interest rate. Better not enter trades right before such decisions, as the market tends to be very volatile. See where the price ends up next day and start to look for new set-ups from there on.
For important decisions concerning currencies you can check economic calendars such as http://www.dailyfx.com/calendar. Set it for “High” importance announcements, and there you have the whole picture. Don’t trade before and into announcements, but after them. Like you do with trading at S/R zones: not into them, but away from them.
Hi Faheksa.
I am not the expert here, but I think you missed a support line between the 2 lower lines you have drawn.
Iff you see the level I put in, you will see that the price went through, and then up again, closing on above.
Then the price tried to go up, rekected, and then down, testing the support. A false pinbar in my opinion.
Please correct me if I am wrong anyone. Just practising my learnings from our excellent teacher Johnathon. 
I hope this might explain it to you.
Safe trading
Henning
i think the area was correct .
pin bar was satisfactory
and we were in downtrend and then take the trade from a pull back
then why this trade dont get profit for kiwi interest rate increase?
