- Search Metals Mine
-
nomask replied Jun 23, 2009so many jpy cross pairs setting up pinbars...here is the ej..
Silent Service Method
-
nomask replied Jun 22, 2009i'd say no trade advised... nothing obvious at this time to say anything
Silent Service Method
-
nomask replied Jun 22, 2009same chart on daily time frame...one good thing about this is that most of the time you know when price might get in a consolidation..with only this information you stay away from a lot of bad trades... just like on the recent usdcad move..we knew ...
Silent Service Method
-
nomask replied Jun 22, 2009audusd at 0.8000 level..i think this pair is about to make up its mind for long term..no need to mention its also 50 percent fib level of the massive down move
Silent Service Method
-
nomask replied Jun 22, 2009Hi Cw...I liked your usdcad analysis as always..a pinbar at 1.18 could be a great opportunity i believe so..probably thats what you call is A+ grade trade.. here is what can cause this pair to move up to 1.18 level based on fib traders.. (the pinbar ...
Silent Service Method
-
nomask replied Jun 18, 2009Usdjpy...i'll take this long if that two-day pinbar gets broken by 20 pips or so..
Silent Service Method
-
nomask replied Jun 18, 2009and I also ignored another rule that i've learnt it from Cw... if you entering in one direction based on a certain price action make sure you don't have any opposite price action in play... here is what i mean...
Silent Service Method
-
nomask replied Jun 18, 2009thx for your nice words..i'm lucky that so many good traders coming and contributing to this thread,especially CW... We've learnt a lot from him and still are..I've mentioned that couple times earlier, this thread absolutely far valuable than most ...
Silent Service Method
-
nomask replied Jun 18, 2009my first losing trade after a long time — i got stopped out on this eurusd trade...to be honest at the time i was bored by not taking any trades almost two weeks so i was looking for anything to get in a trade..This mistake cost me one percent ...
Silent Service Method
-
nomask replied Jun 18, 2009usdcad — one thing i was expecting when i first shorted this pair at 1.2300ish was that price would find some trouble around 1.08 level and it did...Now i'm waiting some clear setups for this pair..If that weekly closes as a pinbar and gets ...
Silent Service Method
-
nomask replied Jun 16, 2009cadjpy — i'll be paying more attention to this pair if current daily closes as it is now...
Silent Service Method
-
nomask replied Jun 10, 2009patience,patience,patience...i didn't take any trade last week only closed my nzdusd trade with some profit.. As you know patience is the key..not only for forex for everything in life..success follows patience whereever it goes and whomever has ...
Silent Service Method
-
nomask replied Jun 8, 2009actually i`ve been thinking that lately...monthly areas and daily candles work a lot better than weekly and 4 hr combination...my only losing trades are on 4hr timeframes...i found dailies a lot more reliable and more profitable..it is just what ...
Silent Service Method
-
nomask replied Jun 8, 2009Although i made nice profit on usdcad by re-shorting at some certain price actions i didn't hold my very first trade all the way down to my ultimate target..this is almost only major thing i need to discipline myself on.."letting profitable trades ...
Silent Service Method
-
nomask replied Jun 4, 2009sometimes fibonacci expansions can be as important as fibonacci retracements because so many traders who follow retracements also use expansion levels..below is a live example of how expansion levels sometimes should be considered as well..
Silent Service Method
-
nomask replied Jun 4, 2009on the Gbpchf it looks like we've broken the ascending triangle form and now price is testing of 1.7300 level acting as a support..I'd be feeling better to get in a long trade if we didn't have that bearish outside bar..
Silent Service Method
-
nomask replied Jun 3, 2009i`ve been long since the daily pinbar broken..it was a rush entry and to me not a good entry but also glad it turned up north...
Silent Service Method
-
nomask replied Jun 1, 2009good free stuff to learn at url ...... Support and resistance levels are not exact price points, they are price ranges. A good friend of mine has a great analogy for support and resistance levels. He says when you draw a support or resistance ...
Silent Service Method