Thanks Steve. I realised my mistake right after I entered at #C. On reflection, I realised my mistake was going through a few pairs at the same time without detailing my steps. Thanks again for pointing to me the proper entry. Helps heaps! Cheers

Intraday price action trend trading

If you are referring to the yellow lines. Fibo retracement 38.2% was slightly above the upper yellow line and that area has been touched several times. So I take that as the support area.

Intraday price action trend trading

Here's another trade: USD/CHF M5 Long Entry: 0745 GMT Exit: 0838 GMT TP: 10 pips (RRR 1:2) 1. Saw a breakout upwards (Point A) after some ranging. 2. Trend was sideways slightly and up from 000 GMT. 3. Wasn't sure which point in the support area to ...

Intraday price action trend trading

Thanks Steve. I hope I am getting a better picture on how Sho's PA method works. Looking forward to posting more charts and getting feedback from all. Cheers

Intraday price action trend trading

Hi Steve, Pardon the newbie question. Where did you enter and why was it a risky entry?

Intraday price action trend trading

Glaring oversight! Thanks Steve!

Intraday price action trend trading

First try — Hi all, Please check my attached trade and comment (time of entry at "A" was 0616 am GMT). I long'd at point A with the following signals: 1. Price was breaking out and upwards of ranging from before/after GMT 0000. (dotted ...

Intraday price action trend trading