Hi Fxgroup, Thanks for the explanation. As I would be planing to Trade on a Daily Chart, Therefore, should we be looking at the Monthly Highest close area, Or monthly Highest point, or Daily Highest close area for clues to Go Short. Should we be ...

Beyond the Candles

Can you kindly explain more clearly with the chart. Thanks Novice

Beyond the Candles

Noted. In that case we should be looking for a retrace and sell signal on a daily TF. I have identified the zone form where we should look for a short signal. cheers

Beyond the Candles

Did you take a trade on this pair. I could not find a good entry to short. Cheers and Stay safe

Beyond the Candles

Hi Richadi, Basis your chart which candle would be our trigger candle for long and for short. Both trades do not have a trigger candle. Do you enter irrespective of the candle signal. Cheers

Swing Traders Welcome

I do read it weekly. Infact look forward to your weekly charts and analysis. Though I have yet to comment or use same for trading. Cheers

Post your Best Long-Term Stock Chart

Hi Jacob, What would be your stop loss for such a Touch trade and the reasons for the SL size. Just trying to pick your thinking behind the Trade size. cheers

james16 Chart Thread

Jacob, This is another area where I struggle. I have read that if we are trading the daily chart then our SL and TP should be based on the DTF. Of course one should also take into account the weekly S&R , but no need to go lower than DTF to manage ...

Trading Strategies Using Price Action & Order Flow

Thanks for your clarification. My views for taking the long trade, (1) Price is trading in a range and at the lower boundary, (2) Long tailed PB, the tail of PB was lower than the previous lows of the range indicating that many buyers still there ...

james16 Chart Thread

Can you pls clarify why you think the price may go either way? cheers

james16 Chart Thread

Hi Jacob, Nice to know that you have hit your monthly target. However, as everyone says inorder to reach your target one should not look for trade when there is none, conversely even if the target is reached why should one not take a trade if a ...

Trading Strategies Using Price Action & Order Flow

Will you be entering basis bearish Candlestick on a Daily TF? Cheers novice

Beyond the Candles

Hi FXgroup, may we know what was the PA Signal for short.

Beyond the Candles

Hi Mike, Would you consider 1500 as the first trouble area. Cheers Novice.

MPB Journal

Sell / Buy st0p orders — Hi PipBull, I had placed a Sellstop as the day trade (on IB Platform) but it did not get filled in. For commodities do you place sellstop / buystop order for the day only or GTC order. cheers novice198

MPB Journal

Thanks for the feedback. Will spend some more time on Larry's books. Meantime would appreciate if you keep posting your thoughts on the various setups as they develop inorder to understand the reasoning and seeing beyond the Candles. cheers novice198 ...

MPB Journal

Hi MPB, When u state that u halved your posn, I assume that you are trading even number of contracts. Sometimes I find that even with 1 contract and the logical Stop Loss the risk in $$ is very high in which case I have to give up the trade. Is ...

MPB Journal

Hi Sam, Thanks for the comments. cheers novice

Fail Better

NZDCAD — Hi Guys, Follow up on the NZDCAD break and pullback possibility. Is the below chart indicating failed oppurtunity, or can we still wait for the PA to pull back. Cheers

Fail Better

NZDCAD — Hi Guys, I know it is one of the exotic pair, but the level 0.8008 seems very interesting as it is quite close to the BRN 0.8. Now waiting for the break and then the pullback. Cheers

Fail Better