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Alphac's Journal

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Alphac's Journal

Thank you. At the end of the day neither are, I don't really get hung up on either. With the win rate, I'm more interested in being consistantly profitable than how many trades win. With RR, I'll never turn a trade down because of the RR, RR within ...

james16 Chart Thread

As I was trying (maybe I failed) to explain in post #67 if the chart offers you great areas for entry, a stop and take profit that is a massive plus for taking the trade and convinced me to take the trade above even though it was quite a tight area.

Alphac's Journal

EURJPY 30min trade, was in two minds about taking this, the horizontal S & R line shows up better on the second chart, it was a nice pinbar due to the fact it had a good tail above the line. In my mind the diagonal trendline wasn't strong because ...

Alphac's Journal

This is a GBPSEK 4 hour trade from March, there is so much going on, so much confluence and great areas for a trade, the stop loss and take profit, I liked the area so much I took the first picture before the actual setup I used was ready. I was ...

Alphac's Journal

Post #13 update, GBPCAD monthly. I find it hard doing some of these posts because it sounds like I'm saying 'I told you so', all of the posts are just trying to emphasize the importance of looking for areas on a chart where price might react. Anyway ...

Alphac's Journal

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Alphac's Journal

EURUSD Daily, trade is now closed, it didn't get stopped, the non farm news caused price to go in my favour, just a bit of luck. image

Alphac's Journal

EURUSD trade update 2 day pinbar. Looks like the rest will be stopped out, but identifying an area where price could react, (the first trouble area, WIPG knowledge) helps to manage the trade so that losses are kept down or small profits are taken. ...

Alphac's Journal

@Dave0 Could you recommend a book / website for the patterns? Not quite sure what you mean by 'patterns'? But this thread. @Jsbs Hi guys, I have considered this BEOB too, however I decided not to trade it Which BEOB do you mean? The one that I ...

james16 Chart Thread

EURGBP 4hr chart, even after the big move due to news price is still reacting to the S & R areas, watching for PA at this area. image

Alphac's Journal

EURUSD Daily update, 2 day pinbar, where did price stall? the first trouble area (WIPG) image 4hr reaction. image Knowing where these areas are is very useful for planning your trade management, I normally move my stop and sometimes take a bit ...

Alphac's Journal

AUDCAD update, a follow on from post #55 where we had PA at a ppz, where did price go? the higher ppz, where there was a pinbar, where did price go? the lower ppz again. Simple enough. image

Alphac's Journal

EURUSD Daily 2 day pinbar, now taken some money out and moved the stop loss. image

Alphac's Journal

GBPUSD 1 minute, whilst I was waffling I watched this on my other monitor out of the corner of my eye. Setup image Result image

Alphac's Journal

A few simple lines on a chart can be so powerful, almost like a roadmap for price sometimes, being able just to plot S & R areas (and supply and demand areas) puts you so far ahead of the game it's almost unfair, why anyone wants indicators and ...

Alphac's Journal

AUDCAD update, price fell from the resistance to the ppz below, consolidated (on the 1 hour chart), it dropped and then moved back up with a double bottom higher close bar (arrowed), just as welcome as pinbars and outside bars. Price has now moved ...

Alphac's Journal

Personally I want to be out before these lows, I've already closed some and moved my stop down so it's now profit whatever. image

james16 Chart Thread

Free3e, I've also taken this..twice, I tried with a really short stop and failed, but got in again. There was a daily BEOB off of a ppz which cut through another ppz (pic 1), then a retrace with a 4hr BEOB off of the bottom ppz (pic 2). Daily BEOB ...

james16 Chart Thread