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Tradingplace replied May 9, 2012Now waiting for a pull back to go short....we need to see a PB...forms minor R that holds, then I go short....for FBO, am looking price to form a minor R that dosent hold...then price will go back in the wegde.....so am waiting of either of the ...
Pure Price Action Trading
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Tradingplace replied May 9, 2012Stop Hunt Spike — More examples/charts on the Stop Hunt Spike setup...this is one of my very good setups and it happens more often than not....moves quickly in my direction when the order is filled. image image image
Pure Price Action Trading
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Tradingplace replied May 9, 2012Cable — Cable in a wedge...not for long...waiting for the BO PB entry...or FBO image
Pure Price Action Trading
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Tradingplace replied May 9, 2012Gold — Gold Been bearish gold since last week..minor R held, price collapsed towards the major S...pressed on it and it broke. image image
Pure Price Action Trading
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Tradingplace replied May 9, 2012minor R breached...trade void...now waiting formore PA
Pure Price Action Trading
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Tradingplace replied May 8, 2012cable and Gbpjpy Price broke above major R, but buyers failed to sustain price above the R...now we are trading below the major R...we are forming minor R below major R...this shows that sellers are winning the fight...as long as price stays below ...
Pure Price Action Trading
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Tradingplace replied May 8, 2012Ftse — I have been bearish Ftse since last week, it seems price has reached a brick wall now...the major S...either its a pause in price or we might see a complete reversal. At the moment, there is an even fight between sellers and buyers...as ...
Pure Price Action Trading
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Tradingplace replied May 8, 2012trading the 60min and the 240 minutes means that I have to wait a few hours before I see any interesting setups
Pure Price Action Trading
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Tradingplace replied May 8, 2012wait mode....waiting more price action on the pairs I trade...No trades
Pure Price Action Trading
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Tradingplace replied May 7, 2012Stop loss is below/above a pullback...targets are usually set at the next level I expect trouble...like next resistance/support, next level of congestion etc...all depends on the market structure. I am also looking for gap fills as targets as well.
Pure Price Action Trading
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Tradingplace replied May 7, 2012gbpjpy — Price broke out of the major support and failed to follow through, it then started moving up and formed a minor S, thats what I use as my reference point for taking a long or staying out...so as long as the minor S holds, i will take ...
Pure Price Action Trading
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Tradingplace replied May 7, 2012Plenty time to post today...holiday in the UK, so no trading, day off...but I wont be posting as much as this, especially during trading hours....
Pure Price Action Trading
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Tradingplace replied May 7, 2012Usdjpy — Price has broken out of the minor green TL, if it forms a base of minor support, i will consider buying. We can aslo notice that price has been to these levels before, now it has revisited the bottom and looks like its going to form a ...
Pure Price Action Trading
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Tradingplace replied May 7, 2012Price Dynamics — Whenever the market tries to do something twice and fails, it usually then does the opposite, and imagine all the traders that expected the market to do something and fails, they are trapped and they panic. Let’s say the ...
Pure Price Action Trading
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Tradingplace replied May 7, 2012Short Eurjpy Price broke out of a wedge, pulledback, formed minor resistance, as long as the minor resistance held, i kept my sell order...break of the minor R, could have void the trade Chart before image Chart After image
Pure Price Action Trading
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Tradingplace replied May 7, 2012Long Aussie — Long Aussie Price broke out of the wedge (green circle), but failed to follow through, it came back inside the TL, started to form bases of support..confirming the FBO Chart before image Chart after image
Pure Price Action Trading