one more thing. I'd be extra cautious about any entry based on 4hr.. maybe one or two attempts to get in but nothing aggressive since we do not have a weekly candle that breaking the level of 1.4000 yet. We just assume that current weekly candle ...

Trading Major Lines

thank you nelton.. thats how I see the things at this moment..

Trading Major Lines

Continuing of the money management issue.. riks/reward ratio I don't think there is any question about risk/reward ratio since the method is about getting in trades with 5-15 pips stop (depending on the entry setup) and chasing around thousand pips ...

Trading Major Lines

thank you red..good charts with good presentation..

Trading Major Lines

thank you michael for your inputs. I agree with you on crossed pairs too.. They usually just give out intense headache instead of nice profits. I made almost all nice profits on eu..Its the most descent pair I find (not because It pays me well.look ...

Trading Major Lines

Hello ava.. what I look for is price action in the same direction on all three timeframes being weekly,4hr and 5min.. this pair seemed like not the best to trade but I tried to analyse it per method. hope it helps..

Trading Major Lines

I want to add this after reading zoli's thread about holding positions.. when I first started trading this method I established 5 positions they were all close to each other but I left only one position open and closed others at 100 pips profit ...

Trading Major Lines

thank you zoli for your nice inputs..eurnzd looks interesting.

Trading Major Lines

here is another very simple and yet clean example of ej even though its not my favorite pair.. But every single pair should be traded if you had a valid method..

Trading Major Lines

Thank you guys for your compliments. We're just learning from each other.all that matters.

Trading Major Lines

good job maaj..Congrats on your long

Trading Major Lines

Thank you too msmarple.. That would be even better though if it did break the 1.4000 level but as everybody knows that the market does the way no matter what we want to see. We always hear that "plan your trade,trade your plan" quote but some people ...

Trading Major Lines

I just realized that I posted something similar before.. url In the example the candle after the pinbar being confirmation candle giving us opportunity to enter.

Trading Major Lines

thanks joey.You are right about trading with such method is less stressful and sometimes its even boring which is a good sign for a trading method. Because boredom caused by consistency in repeated actions.This is important to trade any method ...

Trading Major Lines

thanks a lot cwl.. price made its first attempt to break 1.4000 level after major news release today.. I started watching it in 5min timeframe as price made a 4hr pinbar right at 1.4000 level. But failed to make a good bearish price action so far...

Trading Major Lines

Thanks survivor..welcome to thread.. When I first started this thread I was lucky that I caught a good setup (you can find it in earlier pages of the thread) that allowed me to summarize my whole method in one live example. This first position still ...

Trading Major Lines

Don't let fundementals make you nervous about trading.. I only check to see if there is a major release right after my entry..If not I don't care what fundamentals bring me or what they mean.. Its going to either cooperate with my position or stop ...

Trading Major Lines

good work maaj...

Trading Major Lines

best scenario of my trading plan...

Trading Major Lines

nice chart..you had a nice pinbar before and then almost engulfing candle... nice signaling

Trading Major Lines