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- tex123 replied Feb 22, 2019
This one still may go up again but it's just too sideways for me.. The top left HH got breached and went sideways...also the entry #2 entry and stop at the low is less than a 1 to 1 RR to pivot high ...shy about 4 pips.Some traders will probably ...
pin bar trading
- tex123 replied Feb 20, 2019
Not perfect but acceptable.A strong conservative trader would of waited for a pivot high to left to be broken. The entry candle was not quiet a 1 to 1 to pivot high to left...off just a few pips.With all that said price got filled after entry candle ...
pin bar trading
- tex123 replied Feb 19, 2019
We have no idea how far this one is going to go...but we can take a fresh deep of fresh air,relax and monitor the 2nd position or 3 position if that is the case. You should allready be in the money on your 1st position(good momentum on fill of next ...
pin bar trading
- tex123 replied Feb 19, 2019
Imo the best time that we are going to get runners is in the 1st 2 pullbacks in the trend. This is not a guarantee just a probability.There is different scenerios as for as taken profit. You figure your risk out and adjust your multiple lots out. ...
pin bar trading
- tex123 replied Feb 19, 2019
Hi Monk, Look at chf/jpy and eur/jpy . One was a 1 to 1 RR to pivot high....the other was very close to a 1 to1 to pivot high .
pin bar trading
- tex123 replied Feb 18, 2019
Good day Monk, You are absolutely correct on both signals ...great job. Unfortunately we did get stopped out on the second chart you posted....and i bet more traders did as well.You can see how price on both signals went to the pivot lows to left ...
pin bar trading
- tex123 replied Feb 17, 2019
Hi Monk, Hope you had a nice vacation. I've had some personal issues come up so been dealing with them lately.The market has been ranging lately ...so will see how it does this week. Ok i got a teaching assignment for you
Go to the Gbp/usd 4 hr ...pin bar trading
- tex123 replied Feb 4, 2019
Thanks for your imput Elway. Yes there is several ways to trade it.Some don't look at the 1:1 RR to pivot low...and some trade with oversold and overbought conditions....as long as we try to be consistent.Forex can be a beast at times
Take care ...pin bar trading
- tex123 replied Feb 4, 2019
This has nothing to do with my current 4 hr strategy.I just like this setup. image
pin bar trading
- tex123 replied Jan 31, 2019
I called this signal on post #413 earlier in the week...Price bounced around for awhile but look where it finally ended up...right at the pivot high to left of signal.Of course a conservative trade would have gotten out much sooner.Not saying i have ...
pin bar trading
- tex123 replied Jan 30, 2019
Monk i just checked my personal e-mail and did not receive it. I'll pm you again.
pin bar trading
- tex123 replied Jan 30, 2019
Some traders did trade this one.This was a signal but wasn't my cup of tea. We had 2 pivot low for potential targets. Just wasn't a smooth pullback for me..even though it worked out.It's not really worth getting into detail. image
pin bar trading
- tex123 replied Jan 30, 2019
That's ok Monk.Trade whatever pairs you like...there may not be trades every week.Watch the spread and red news.These US forex brokers love to increase the spread during this time so just don't let them take it even if you have to take less ...they ...
pin bar trading
- tex123 replied Jan 30, 2019
Another one .This happened at the midnight hour. I did not see any LL and Lh coming down so the uptrend was still in tact imo.This one even bottomed out below the 30 and just barely got in to my sweet zone...Remember this was the #2 entry .We either ...
pin bar trading
- tex123 replied Jan 30, 2019
That is Ok Monk. You trade what you see and take the best.This one allready had several pullbacks but it was still trending.Maybe a little risky.The low of #1 candle never got breached by a wick.We are not worried what order the other candle wicks ...
pin bar trading
- tex123 replied Jan 29, 2019
Ok Monk the eur/jpy busted up anyway sheesh......Okay look at the gbp/chf --sgd/jpy...remember your risk and time of entry,and all rules.
pin bar trading