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    • nomask replied Feb 23, 2011

      If you remember my early charts I mentioned about some zones (If you don't they are still there you can check them ) opening a new position zone adding zone watching zone ----------------- Now we are in a watching zone as I believe ...

      Trading Major Lines
    • nomask replied Feb 23, 2011

      Thanks Wang..Its been always nice to see you around.. I totally agree with all you said above.. The key is that less relevant the tool you use is the more powerful... Major Lines not relevant at all but moving averages,indicators are.. Some set 10 ...

      Trading Major Lines
    • nomask replied Feb 23, 2011

      well said..Large stop is totally "hoping" and most of the time you'll end up wasting your money because of large stops.. I found making 10 trades with 10 pips at a important level with aligned price actions in different time frames and good timing ...

      Trading Major Lines
    • nomask replied Feb 23, 2011

      nice trade... As long as you knew that 4hr pinbar was not in a very good shape..That doesn't mean can not be tradeable..It just requires extra caution when the price action not the best.. Congratulations.

      Trading Major Lines
    • nomask replied Feb 22, 2011

      As you already know one thing for sure in forex is that anythingis possible anytime.all I can do is take trades with low risk,move them to b.e and let the market kill them or make them big profits So today I did my job .After this point its market's ...

      Trading Major Lines
    • nomask replied Feb 22, 2011

      Thank you Winston... That's another benefit of entering on 5min after a 4hr price action.. 1) 5 min gives you low risk entry 2) and sometimes saves you from fake 4hr price actions like your case.

      Trading Major Lines
    • nomask replied Feb 22, 2011

      Thank you everybody for your contributions and nice words.. Here is a wrap up for today. We had 6 trades today. 3 losing trades total 16 pips stop +commission(0.8 pip/trade) 1 trade died at break even 2 trades still on with total unrealized 120 pips ...

      Trading Major Lines
    • nomask replied Feb 22, 2011

      engulfing or outside they both work the same way stressing the power in the direction.. could be taken as a setup candle which I did but nothing worked so far for this candle. some just ignore the wicks when defining an engulfing candle..What ...

      Trading Major Lines
    • nomask replied Feb 22, 2011

      It depends on the setup.. I try to move it based on a reason but sometimes I just move it to b.e after 20-30 pips... because even after coming back and hunting my position at break even it usually gives me another setup if the price still wants to ...

      Trading Major Lines