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- tex123 replied Apr 14, 2017
Ok this is the last chart i'm going to post .I did trade the Aud and boy wished i could have trailed this one.I did get a 2 to 1 or 1 1/2.We never know what price is going to do. You will get losers .. I'm going to my best to set some rules and ...
pin bar trading
- tex123 replied Apr 14, 2017
I did not trade the cad/jpy but it did work out nicely.The 4 hr pin did come after the daily low and the daily candle closed lower than it's 50% range (the red line is daily low ). I like the pin to close in the bottom or top 2/3 range and this one ...
pin bar trading
- tex123 replied Apr 13, 2017
I did trade the Cad and was a nice run. I'm going to show a few more charts .Then i will set some rules. Right now i'm looking at both Oanda candle feeds and fxcm mt4. Mainly it's been fxcm for me. They are different.The cad/chf above is the first ...
pin bar trading
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pin bar trading
Started Apr 13, 2017|Trading Journals|585 repliesNo longer trade the pin bar strategy which was ok but no near as consistent as this one.Been ...
- tex123 replied Dec 10, 2012
Very nice with an engulfing on bodies and very strong close.
Buy sell line trading
- tex123 replied Dec 7, 2012
[quote=60minuteman;6272213]really nice Tex, so its the type 2 entry really, you are looking for a very strong close in the direction of the trend... Seems like you have put in the time and found what works/ feels comfortable for you... what I have ...
Buy sell line trading
- tex123 replied Dec 6, 2012
Ok i think i posted everything i could think of on the chart.This is hindsight and there will be winners and losers...and like 60 says just try to get as much as you can if their is runners.As for as entries and stops i prefer placing stop orders 1 ...
Buy sell line trading
- tex123 replied Dec 6, 2012
Hey 60, Sorry for the late reply been pretty busy lately.I'll post a chart of the 1hr eur usd and show you what i mean.Engulfing is still a good technique and not trying to change things at all this is just a little twist if their is no ...
Buy sell line trading
- tex123 replied Dec 3, 2012
Good video 60 minute. Imo if you get a high and close within a pip of each other on a setup- entry bar that is a high probability trade .I'm referring to the strat#4(5 bar) which is a very fine strategy. Daily bars or candles will not be that many ...
Buy sell line trading
- tex123 replied Aug 6, 2012
Primo mainly trades these type of setups on the daily time frame which is his #5 strat or entry #1 here i believe ....If you wanted to trade these on the 4 hr you could run a sim or manually backtest with a limit at the 50% of the engulfing bar.If ...
Buy sell line trading
- tex123 replied Jul 12, 2012
eur/yen daily — This is an entry #1 --2 to 1 so i'm closing now.Placed a limit order at the 38.2 of the engulfing.eur/usd is at 1 1/2---swissy around 1 to 1 now.These are with limit orders. image
Buy sell line trading
- tex123 replied Jul 5, 2012
Good job Cal. I had winners both on swissy and eur on daily charts.Trying to stay from the large candles and have at least a 1 to 1 to my next SR on my retrace or more than 1/2 distance anyway before i place an entry.It's more of a conservative ...
Buy sell line trading
- tex123 replied Jun 26, 2012
No reason at all it was a loss on an EB signal. Allthough it wasn't a type#2 signal . I just looked at my fxxd charting and there was an Eb signal there more or less a hammer type engulfing which did qualify. The type#2 engulfing pattern combos seem ...
Buy sell line trading
- tex123 replied Jun 21, 2012
Something to look at for sure ...maybe draw a fib and place the stop a little below the 61.8 level on the signal candle could be a possibility also .When i get some time i'm going to take a look over quiet a few trades on one of the majors and ...
Buy sell line trading
- tex123 replied Jun 20, 2012
E yen 15 min chart — Ok the usd/yen stopped out at break even but did go to a 1 to 1. That was the only trigger i seen with the run up.Here is an example of the 15 min eur/yen chart 5bar and of course this is hindsight too.The red arrows are ...
Buy sell line trading
- tex123 replied Jun 20, 2012
Yes i agree Cal with backtesting. I like to see a descent angle on the 50sma before considerig even taking a trade especially on a smaller time frame like the 15 min chart and even the 4h chart.I'll post a chart on this last run on the 15 min above ...
Buy sell line trading
- tex123 replied Jun 20, 2012
Actually this one didn't get filled on my next candle so actually didn't go by the rules completely, but price did trade one pip higher than the trigger candle so 1 to 5 pips i think is ok imo. If we can catch a small retrace coming back down from ...
Buy sell line trading