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    • nomask replied Mar 23, 2011

      correct. 1.& 2. it is just something you can't ignore if market is moving and making new highs/lows out of your weekly candle that you placed your fibs and started watching on 4hr t.f. people love to cover most recent highs/lows thats pretty much of ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      hello lian. on your chart,first breakout candle seemed okay but if it did not move for the next 4hr you should've started thinking to close it early and second one was not a engulfing candle its got very small body and still stayed within the ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      few posts ago I mentioned about the possibility of this week being a straight bold up candle due to the last week's shape and strong close above 1.4 level.. Sometimes we get strong weekly candles with momentum behind it. For this type of weeks, ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      Counter trading is fine only if you can do it in a very disciplined way.If you tent to over trade I don't recommend counter trading. most of the time its just unnecessary.But I do counter trade sometimes since its the only exciting thing I can do ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      haha. I don't think that either.But I'm trying something way harder than he succeeded. by the way eu made my decision right about not trading it..Its just been ranging but going nowhere since my last post..

      Trading Major Lines
    • nomask replied Mar 22, 2011

      I get 1-2 signal per week on 4hr basis.. But in terms of entry its about 4 entries a week.mostly they die at b.e I check other pairs weekly but only trade eu these days because I don't have enough time to observe other pairs.. My favorite pair is eu ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      I was not going to unfold this entry as I think we still need one more proper setup of the method and then we can go into such aggressive entries. But since this subject came up already. Here is how I took this entries. If it causes any confusion ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      If you remember earlier in the thread I took a 4hr candle as a setup candle wich made just a close (not a pure price action) above the previous weeks high.. Thats the reason to catch in case its a straight bold up weekly candle. Once you biased long ...

      Trading Major Lines
    • nomask replied Mar 22, 2011

      good question good guess but I have one more thing to clarify.. check out the chart... If you miss or don't get your p.a where you expect then use your adding zones(logic) upon next price actions on 4hr to get on the boat..

      Trading Major Lines
    • nomask replied Mar 22, 2011

      hello sheraad. Taking profit is up to you after you hit the +1000 pips level.. but what I try to do is being in the market with opposite positions (at least 2) all the time while I close some of my smaller positions at round numbers and upon ...

      Trading Major Lines
    • nomask replied Mar 21, 2011

      thanks wacky canuck. I agree with you about these lines -round,major,constant..etc whatever they called- as old as market itself since they're the entry and the target levels of big capital holders.. Its like if you have 5 figure bank account you ...

      Trading Major Lines
    • nomask replied Mar 20, 2011

      to me its not the great shape for a pinbar and to be honest I get extra picky if I want to trade another pair other than eu. I'm more comfortable/familiar with the current eu setup so I'll spend my time and money on it.

      Trading Major Lines
    • nomask replied Mar 20, 2011

      So we have our old position at 1.3569 running around 600 pips by now.. This position opened with stop loss of less than 10 pips. So this is possible, achievable to reach 1000 pips by risking less than 10 pips. So why should I let the market take too ...

      Trading Major Lines