Success — Hey Dan, I've been trading going on 5 years. I think I've pretty much done it all with indicators and such and even developed a few methods of my own which were not too bad but I just didn't feel good trading mechanically. I even ...

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USDCAD — Watching this one.

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Trades managed by targets — Light bulb went on!

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Euraudh1 — Ok here is H1 analysis. Gotta admit if I was watching this on H1 I would have taken that H1 pinbar.

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EURAUD — For me the H4 price action was a failed trade. However check out that break down below the multi bar lows. A short on this pair was the trade.

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Right you are! — OK Jarroo. A long as you illustrate would have yielded around 30 pips or so. Moving to break even at that point would have prevented any loss. Perhaps more profit than that was on Dan's mind. But it goes to show you that if ...

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For sure Jarroo. The failed PBT-CA probably could have been seen in advance just by watching price action on the H1 and H4. I would have bailed early on this and made it up on the way down. But it is hind sight after all. But this trade is an ...

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Failed signatures — I'm not sure what you mean by "failed signatures". To the long side I saw no signatures and thus the trade based on the PBT-CA failed. Based on the PBT-CB there was a clear H4 pinbar screaming SHORT HERE!!! If I was trading ...

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Price action — I can't say I never take trades without price action....because damn it I do! Typically I like to see a break through of s/r then a return. Having said that I do believe touch trades are the riskiest. It is much sweeter and ...

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H1 — Last one Dan. H1 did show a BEOB. Be interesting to hear Jarroo's take on this. Touch trades are always risky. Watching for price action off the touch keeps me out of some, not all, bad trades.

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H4 — Here is my H4 chart with some notes.

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Hi Dan. I'm assuming you were long? If you were I see a daily PBT-CA. In this case we wait for price to come back and touch the daily line. We can look for signatures at the touch but looking at h4 and h1 I saw nothing convincing to take a long. Now ...

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FxPro — I use a demo from FxPro for all my technical analysis. Daily close is NY close. I use Oanda to enter trades.

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Oh yeah! — I'm on this one Bullzye.

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Support/Resistance vs supply/demand — Many in here use Jarroo's method of drawing support and resistance based on monthly, weekly and daily CLOSES at obvious swing highs and swing lows. This method tends to decrease the subjectivity except for ...

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Welcome — Hello Swede, Welcome to the thread Swede!!! I think for any system/method to be successful it must work on any time frame. Price action is no different. Certainly 5min signals are probably going to have a much shorter profit ...

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USDCAD — Price action 15M.

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EURUSD — DBLHC shaping up.

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On the contrary. A good price action set-up is reason to max out position size. A good price action set-up gives confidence to enter with maximum confidence and therefore one would not enter with a smaller position. Your win rate will actually ...

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Anticipatory vs Reactionary — The core of James 16 is price action. If a nice pinbar occurs at a significant support level and one initiates a trade based on this set up I would call this reactionary not anticipatory. But I can see that one ...

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