Looking for a break below and retest of 1.3273 for short EU 5min

Price Action and Trading Discussion

....not much, just woke up 7:15am over here in London

Price Action and Trading Discussion

lol ... 200+% in less then 24 hrs .... crazy ! Well done ! Question about your last trade that you posted. Do you usually take a trade into a RN number like you did on that EU and waiting for price to break past. ? Dan

Price Action and Trading Discussion

Cheers, Thanks for the advice M, really appreciate it. Dan

Price Action and Trading Discussion

I understand the importance of where price is on a chart e.g. previous sup/res and what price has done in the past at those levels. In regards to interpreting what a bar means, do you mean looking at the size of the bar at these sup/res levels. E.g. ...

Price Action and Trading Discussion

hmm... im not exactly sure but i have read that narrow/small bars indicate a potential reversal. My guess is that small bars indicate in this case that sellers have run out of steam and unable to push prices lower, the buyers are taking over and ...

Price Action and Trading Discussion

Well, on EU im thinking this is a good time to exit since price has just hit previous Support + the bullish bar indicates buying pressure from that level. Plus EU on lower TF is in a range and price tends to bounce from resitance to support ... ...

Price Action and Trading Discussion

Ok 1 sec

Price Action and Trading Discussion

Indicators .. not so much. Price action / candle patterns .. yes. Im still learning so I apologise for what may seem as stupid questions.

Price Action and Trading Discussion

Oh ok, as in buy when price is above all 3 and sell if below ?

Price Action and Trading Discussion

Thanks for the reply. When you say 'a decent filter', a filter for what ?

Price Action and Trading Discussion

Nice one and thanks for the charts just out of interest, what are those 3 lines you have on your charts and how do you use them ?

Price Action and Trading Discussion

Reasons ? Chart if possible?

Price Action and Trading Discussion

Was looking for a short, but price didnt quite make it back to s/r level + no PA. Will wait for the next opportunity image Dan

Price Action and Trading Discussion

No probs DW, I had my lines drawn pretty much the same as you except the bottom one. At least im getting at identifying key levels. Btw, do you always draw your 5min lines off the 1hr chart ? Or do you zoom out on the say 15 min chart and draw them ...

Price Action and Trading Discussion

Morning all DW any chance you could post up your 5min EU levels for today so i can compare them to mine ? Cheers Dan

Price Action and Trading Discussion

Nice trades M and DW !

Price Action and Trading Discussion

Nice one !

Price Action and Trading Discussion

Thanks for the reply DW. Well atleast im seeing what your seeing. Would there of been any reason not to take this trade in your opinion ? Cheers Dan

Price Action and Trading Discussion

Hi mate, Thanks for that, appreciate you telling me your experiences. At least you have been profitable from the start. I cant seem to actually get a winning trade ... everytrade, except one, has been a loss ... Whats your thoughts on ...

Price Action and Trading Discussion