EURUSD Daily - Box, where do you draw the upper line? Both are valid, may even be more there, I just treat the whole area as a place of interest and watch what price does when it gets there, trade price between the areas on lower timeframes, there's ...

Alphac's Journal

GBPNZD 4hr image

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NZDUSD Daily - Back up to an interesting area. image

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GBPCAD Monthly pinbar, it's a nice 'shape', at a low obviously, it's even at the 1.7 big round number. Personally I don't like it, look at the bars before it, can that size pinbar halt that drop, maybe, I've seen smaller ones turn price there. ...

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If you have difficulty finding S & R zones then scrunch your chart up and they are easier to spot, drag the crosshairs up watching the horizontal line for touches, just mark the major ones. GBPJPY Daily, major S & R zones. image

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@RisingSun - Just keep it simple, find the S & R zones and look for PA there, it can get as complicated as you want, just get proficient at the basics.

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The EURAUD breakout couldn't get past the S&R area to the left and fell back down, there was outside bars that could have been traded on the 15 and 30 min charts as continuation of the decline rather than the usual turn of price trades. 4hr image ...

Alphac's Journal

The bar you've labeled BEOB isn't an outside bar dave. Question: Is this a. two bar pin bar on the weekly chart of AUD/USD, b. Is this a good one? Yes it is a two week pinbar, but the location isn't great Dustbin, you really need them at highs and ...

james16 Chart Thread

@RisingSun - I'll try, I've always tried to make the chart area as large and clear as possible so that has meant sacrificing them. @Spoon138 - Thank you, the indicator is the OsMA, it's basically just the histogram part of the MACD with the default ...

Alphac's Journal

EURAUD 4hr - Watching this area for buys or sells, would want price to move above the S & R area to the left before buying. image

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USDCHF Daily - Closes as a two day outside bar, also divergence and other support and resistance areas shown. image

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@londonsteve7, I've been trading for 15 years, 7 as full time, your post shows I think how much psychology plays a part, I think Dr Octagons figures are incorrect, psychology is probably 75%+. Moving to trading as a self employed full time job is ...

Is trading FX for living a myth?

A supply and demand trade idea from a few days ago using multiple timeframes to look for suitable areas in the supply and demand process. EURNZD daily - A clear support and resistance area. image The 1hr chart shows an area of likely demand which ...

Alphac's Journal

USDCHF daily - Just a support and resistance area with a 2 day pinbar, it could also close today as a 2 day outside bar. image GBPCAD 1 hr - price action at a resistance area, two candles combine to form a pinbar. image A closer look at the ...

Alphac's Journal

GBPCAD 2hr pinbar/inside bar image

james16 Chart Thread

USDCAD 4hr image

james16 Chart Thread

Dustbin, strictly not a pinbar because the close wasn't inside the previous bar, there was an 8 hr pinbar, combining two 4hr bars (not a great one). Note where the following bar was stopped. Daily image 4hr image

james16 Chart Thread

Thanks mallee, it doesn't have to be complicated. Three outside bars with confluence, selling in an uptrend? trends don't matter, PA does. These happen all the time. If you trade just 4hr and Daily charts on the main 28 pairs that's 196 candles a ...

james16 Chart Thread

Look for outside bars at highs and lows, and some confluence. Think about taking retrace entries if there is a logical area, will give you more choices for stop loss placement and easier management, drop a time frame or two to look for PA at the ...

james16 Chart Thread