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- tex123 replied Jan 17, 2018
There were several nice entry setups but didn't meet the 1 to 1 RR.Allthough they did go at last a 1 to 1 and more. Here is one that did meet all the rules technically. image
pin bar trading
- tex123 replied Jan 11, 2018
My 4 hr candle closes at midnight which is another hour. for me We have quiet a bit of new coming out in the morning.Looks like the buyers and sellers are fairly equal on usd/cad at this time. ...slightly higher not much. Only problem here is spikes ...
pin bar trading
- tex123 replied Jan 11, 2018
Ok here is how i calculate the lower 25% candle close.There is other ways to do it.This is simple and once you get the hang of it takes less than a minute. Once you see or looks like a potential entry candle whether it's up or down trend just take ...
pin bar trading
- tex123 replied Jan 11, 2018
My next chart i'm going to explain on how i calculate the top and bottom 25% entry candle. I know this is elementary to some seasoned\ traders but i want to show this to traders that are not real fluent in english and hopefully they will understand ...
pin bar trading
- tex123 replied Jan 11, 2018
Some folks have ask me how to line up the 4hr and daily rsi. I'm by no means a meta trader expert but here is how i do it.This has to be done once candle closes on the 4hr chart not 5 or 6 candles later to see if it worked out because you may get a ...
pin bar trading
- tex123 replied Jan 11, 2018
Very good Fleurdelys. Your doing fine with your english. I'll pm you in a little while referring to post#82.
pin bar trading
- tex123 replied Jan 10, 2018
Ok i think i have explained this strategy as well as i can with some rules. I have a private group of traders that i trade and communicate with also.If yall still want me to post i will .Just PM me. I enjoy helping people if they show interest.I was ...
pin bar trading
- tex123 replied Jan 10, 2018
On post 72 i added the entry criteria on the rules at the bottom.Guys and gals have a wonderful day. I have a busy day ahead of me.
pin bar trading
- tex123 replied Jan 10, 2018
I know some traders that took this one and good job here.This is to me would have been more of a risky trade and i didn't take it because the risk is not quiet a 1 to 1 about 3/4 ways down to the swing point left of the entry.This one was a nice ...
pin bar trading
- tex123 replied Jan 10, 2018
The 4 hr bullish pin is a nice entry(top25% close) and this one is acceptable.The rsi 4hr is still down but we are still in the sweet spot between the 50 and 60 correct . Ok the daily rsi is up.Allways make sure you get filled on stop order on the ...
pin bar trading
- tex123 replied Jan 9, 2018
In the above chart my stop would be below the #1 candle not #5 my mistake.Take care and have a good day .
pin bar trading
- tex123 replied Jan 9, 2018
I know some traders that took this trade awhile back but i didn't ...and they did very very well going up. And i know this is in hindsight but there will be quiet a few trades like this example that will come up and that is why i posted it. Tell me ...
pin bar trading
- tex123 replied Jan 9, 2018
Buy and sell stop orders allways go below or above the entry candle for me. Some traders trade limit orders but i prefer momentum... i want to be filled above or below my entry candle.Stops allways go above or below the 5 candle high or low.I prefer ...
pin bar trading
- tex123 replied Jan 9, 2018
Also remember when looking for a 5 candle or bar setup allways count your candles from the top for a sell setup and vice versa for a buy setup. The candles do not have to be consecutively up or down ....there could be inside bars etc too. Also an ...
pin bar trading
- tex123 replied Jan 9, 2018
Lets go over the rules: 1.20 crossed over the 50sma...we are allways watching the 50 sma....sell below and buy above the 50sma 2.Is the entry candle the highest high of the last 5 candles ? 3.Did the entry candle close in the lower 25 % range of the ...
pin bar trading
- tex123 replied Jan 9, 2018
Should i have taken this trade ? Pm me let me know. image
pin bar trading
- tex123 replied Jan 5, 2018
This was a brake even trade ...i moved my stops up once i gotten half way to target.Price went up and down for a good while...and still would have reached my target if left alone. That is how it goes sometimes. image
pin bar trading