Price Action That Matters

I also tried using crossover with both MT4 and trade station. But I got far to many errors all the time and some internal functions did not work properly so I installed windows 7 through bootcamp and now I can just choose operating system when I start my Mac. Best thing I’ve ever done, and I can definitely recommend it. :slight_smile:

Great Quote.

thanks for the tip mate i hadnt even thought of installing windows. but seems like a much better idea, where did u get your copy of windows 7 from?

We don’t want to go off track here…PM would be best suited for these discussions. I am a mac user running windows as virtual machine and remote desktop…PM me i should be able to help you with it.

[QUOTE=“Diablo1505;574200”]I know there are some of you out there who also took a position on the AUDNZD on friday which turned out to be a nice winner so far. I am curious on how you are going to manage the trade? I personally decided to close the trade for 137 pips of profit and a r:r och 1:3 now that we got down to the next support area. My guess is that we can see a potential retrace back up to the latest s/r we broke through, alternatively a retrace back to the trendline. I will watch out for new PA signals at those levels and re-enter. Never wrong to bank some good profits. :slight_smile: <img src=“301 Moved Permanently”/> <img src=“301 Moved Permanently”/>[/QUOTE]

I also entered this trade. Closed out after about a 140+ pip profit. I closed just above my next area of support and also just above the 1.612 fib extension level.

Does anyone else use fib extensions for closing out trades? They seem good when they line up with my next area of support as in this case.

I bought it of course. :wink:

To be specific… www.komplett.se :smiley:

Nice to hear! Good job! :slight_smile:

Nothing I use myself right now. Support and resistance works good enough for me atm… :slight_smile:

So a nice pinbar is about to form on NZDJPY 12H/8H/6H chart

+with trend
+KHL
+a solid PB size

-previous bar is really bearish ( but still somewhat rejected the support area)

My question would be, on which TF should I trade this ( or if I should even trade it)


There is a cheap program call parallel I use on my mac. It allows multiple operating systems to operate at the same time.

Dont think that trade has a good enugh R:R. your target would be at around 84.80

That’s not exactly the best setup if you look closely you can kinda see a small gap which that last candle’s wick came down to shut. Now my opinion about true break out’s is they don’t retest on those higher time frames so evidently as you would like to see so zoom down to something intra-day and try to catch the move in which ever direction the momentum is favoring. Who cares if you are a bull or bear on a instrument ultimately you just want to take the trade in the direction that’s making money.

Hi Wookie,

I’m assuming you’ve already tried running Trading Station Web on your Mac, but were looking for the additional functionality available on Trading Station Desktop. Have you considered using a Virtual Private Server (VPS)? That would allow you to run Trading Station on your Mac and has the added advantage of letting you keep the platform running 24 hours a day, even if your Mac is disconnected from the internet. A typical VPS service can cost $30 to $35 per month, but if you have an account balance of at least $5000, you can get free VPS access.

i think aud/jpy 8hr pinbar could give u a better r:r. look for 8hr candle to break previous pin highs would be a good signal

I have tried that one as well. But it eats a lot of memory since they run simultaneously. But if you have a lot of extra memory, why not. :slight_smile:

Sorry Veleje. Saw your post only now, while clearing backlog of old posts, as I was away for a while for a surgery operation. I trade stocks on daily charts. Am more than willing to share my strategies, but wld probably do so via a different channel lest Aaron frowns on it :frowning:

Hi Veleje, tried to send you an email but not allowed to as I have not enough posts. Don’t know how to use PM here :frowning:

Aaron, I am anxiously waiting your news articles (devoured previous ones). I know you have committed some new stuffs, such as retracement entries (II), and inside bars treatment. I would appreciate you put on queue TRADE MANAGEMENT, really interested to hear you on this matter.
Thanks indeed for your inputs.

Hey all,

In my silence I have been following everything going on here, what a great bunch of info from all of you awesome people that just keep sharing!

Got a question that’s open for debate: is it distasteful to share your results in terms of monthly profit etc?

I can imagine that it might not be fun or necessarily contributing towards some members of the thread to compare results as we are all in different stages of our trading career. The only reason I would think of revealing a bit of my results again would be because I am so damn happy I can’t help but share with the only people who really gets what it is about!

Anyway, would like to hear your honest thoughts.

Take care all.

Hi Cyianidez,

Sharing is great!

You want to share good results based on sensible trades and trade management.
For others to see that it is possible to be consistent and for you to remember that high probability trading
is your edge.

Wish you and everyone else successful trading.

Cheers

I put it in the queue! On post#2 of this thread I will start up a list of articles that will be coming out and the order they will be coming out. If you want to see something just let me know and I will mark it down.