Price Action Setup Trading

[system]

I totally agree man. Nial has helped me immensely.

I heard he isn’t active in his forums, is this true or just a rumor?

[kratasek]

To the “Nial” question: I notice that all of his videos are made in 2009, 2010, that seems to indicate that he is somewhat less involved these days. He did reply to my email though, that’s a good thing…

Extremerrage, my charts show completely different candlestick formations, I wonder why… Any idea? I’m using Marketscope 2.0, do you think the software itself can make a difference? It’s a shame, cause I can’t see any of your pa setups…

[tom82]

To the “Nial” question: I notice that all of his videos are made in 2009, 2010, that seems to indicate that he is somewhat less involved these days. He did reply to my email though, that’s a good thing…

Extremerrage, my charts show completely different candlestick formations, I wonder why… Any idea? I’m using Marketscope 2.0, do you think the software itself can make a difference? It’s a shame, cause I can’t see any of your pa setups…

Different chart timezones, the times that candles open / close can be different and how many candles per week displayed, some brokers show a Sunday session, some do not.
New York close
I think there is another page on their site, but cant seem to find it right now.

[kratasek]

Thanks tom82, I opened a demo with FXDD, I’ll have a chance to compare the charts now…
I somehow missed the NY close issue…

[extremerrage]

karatesk. am using mt4 and proreal, and net dania for charting marketscope has its own candle style and to admit i cannot understand it a lot once it come to candlesticks for instance use the 4 h netdania gold chart u will see a clear fakey setup which is formed yesterday then go to proreal and u will see it but marketscope u will not see it

[fsprea]

Sorry for the low frequency of my feedback here: I’m a (too) busy man.

Thanks a lot for the replies: actually the fact that Nial’s blog is a fee-based one was of course not the answer to my question. A lot of people here seem to have subscribed to it (me comprised).

The question, exactly, was why do you, Nial’s group members, feel the need of coming out here, at babypips, for discussing price action. This is probably not fully compliant with NF’s copyright conditions.

Or do you feel some difficulty in staying in his community? I personally feel some. But for the above reason (copyright) and correctness towards him will stop here.

Bye

F

[dpaterso]

Sorry for the low frequency of my feedback here: I’m a (too) busy man.

Thanks a lot for the replies: actually the fact that Nial’s blog is a fee-based one was of course not the answer to my question. A lot of people here seem to have subscribed to it (me comprised).

The question, exactly, was why do you, Nial’s group members, feel the need of coming out here, at babypips, for discussing price action. This is probably not fully compliant with NF’s copyright conditions.

Or do you feel some difficulty in staying in his community? I personally feel some. But for the above reason (copyright) and correctness towards him will stop here.

Bye

F

I had to ‘look twice’ to make sure I was not SEEING THINGS!!! LOL!!!

Regards,

Dale.

[extremerrage]

good day guys eur jpy daily chart , an inside bar +a pin bar

[extremerrage]

good day guys here is another fakey setup on tha daily aud jpy , and be aware of the resistance above … and have a nice week end…

[mindsetpips]

I heard he isn’t active in his forums, is this true or just a rumor?

I think he is fairly active. He puts out a daily members’ commentary each day and I see posts from him in the forums multiple times per week. I’m happy with it.

[mindsetpips]

Sorry for the low frequency of my feedback here: I’m a (too) busy man.

Thanks a lot for the replies: actually the fact that Nial’s blog is a fee-based one was of course not the answer to my question. A lot of people here seem to have subscribed to it (me comprised).

The question, exactly, was why do you, Nial’s group members, feel the need of coming out here, at babypips, for discussing price action. This is probably not fully compliant with NF’s copyright conditions.

Or do you feel some difficulty in staying in his community? I personally feel some. But for the above reason (copyright) and correctness towards him will stop here.

Bye

F

I don’t feel like I am violating any copyrights. I just want to tell other people about Nial because he helped me so much. I don’t think it’s a big deal. No one is giving away his course on these forums, just discussing basic aspects of his teachings.

[Naked]

This chart is of a trade I actually took recently in the CADJPY. The setup was a very well formed pin bar rejection candle off the resistance level near 90.00. The reason I took the trade was because the pin bar was well defined and at a very confluent level. Let me know if you have any questions. - trader2000

hey is this a daily chart? you made 500 or more pips within some days? preety amagine.

[mindsetpips]

hey is this a daily chart? you made 500 or more pips within some days? preety amagine.

Yes, it was the daily chart. When the market is moving good and you get an obvious price action signal, it’s not impossible to make 500 pips within a week’s time.

[mindsetpips]

The EURUSD IS AT AN INTERESTING SUPPORT LEVEL HERE. I AM WATCHING FOR PRICE ACTION OFF THIS SUPPORT NEAR 1.3650 FOR A POTENTIAL LONG SIGNAL.

[extremerrage]

what price action can be there :33:… sounds it will continue south with all these bearish signals ???:56:

[mindsetpips]

what price action can be there :33:… sounds it will continue south with all these bearish signals ???:56:

Yes, I agree, it’s looking pretty bearish for the AUDUSD right now, although the fakey and pin bar setup from yesterday is looking like it could see higher prices in the near-term before / if price moves lower in the mid-term.

[extremerrage]

yeh mindset for the aud usd the fakey is in a wrong area, secondly u have a strong weekly ppz @ 1.0750 + a rnb so it is wise to wait and see for monday the way the market will react

[mindsetpips]

yeh mindset for the aud usd the fakey is in a wrong area, secondly u have a strong weekly ppz @ 1.0750 + a rnb so it is wise to wait and see for monday the way the market will react

What do you mean the fakey is in the wrong area? It looks to me like it bounced off / rejected support near the 21 day EMA. I think there is potential here to see a re-test of resistance near 1.0750 before price moves lower again.

[extremerrage]

well my dear mindset sounds like you are following some one else analysis :58:, so why dont you do your analysis by ur own … and about the bounce it is ver normal coz it is stucked bettwen a strong range and a very strong ppz @ 61.8 fib so thats why it is in a wrong place secondley switch to weekly chart and u can see the whole picture , ciao ciao

[mindsetpips]

well my dear mindset sounds like you are following some one else analysis :58:, so why dont you do your analysis by ur own … and about the bounce it is ver normal coz it is stucked bettwen a strong range and a very strong ppz @ 61.8 fib so thats why it is in a wrong place secondley switch to weekly chart and u can see the whole picture , ciao ciao

Yea, I do my own analysis, I just didn’t look close enough at the weekly chart. Good call on that, I see the bearish picture now after studying the weekly price action some more.