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    • zamfir replied Oct 15, 2015

      Hey Peyta, EURGBP - my best guess is you bought right into a VBRN - 0.7500. Never do this , 90% of time you will reverse on you. GBPCHF - Good confluence(50% RET with PPZ and TL) with 4h PA confirmation , but no break yet. image

      james16 Chart Thread
    • zamfir replied Oct 14, 2015

      I did not take them because they did not come on my planned locations(PPZs/TLs). Plan your locations in advance and then expect to see a PA. if you look for every PA for reversal , you are going to get lots of bad setups. When you get a PA , it ...

      james16 Chart Thread
    • zamfir replied Oct 14, 2015

      yes i will go with a trend. If i get a PA on just a TL in the direction of trend i will take it. If confluence is there great , if not no matter. What matters is the underlying trend. Let me give you a simple tip that may help you. When you open a ...

      james16 Chart Thread
    • zamfir replied Oct 13, 2015

      1. TL incorrect. you need two swing points prior to your Signal bar. 2. you shorted right into those 3 bar highs which would very likely act as support now. These are just my observations , they are no facts by any means. Price can still break the ...

      james16 Chart Thread
    • zamfir replied Oct 13, 2015

      Hey Wellard, This is not your conventional setup. you could see the triangle range forming and giving early clues(pinbar on minor TL) to direction of breakout. So my entry came after that Pin. These kind of setups depend on how trader approaches the ...

      james16 Chart Thread
    • zamfir replied Oct 9, 2015

      Yes, coz we were in clear downtrend. So sometimes PA bars won't touch your planned PPZ exactly. Sometimes they breach , sometimes they touch to the pip and sometimes they gap. you need to see if another line(TL,PPZ) is also coming into play. PA ...

      james16 Chart Thread
    • zamfir replied Oct 9, 2015

      Its different for every broker. but if you look carefully , there is a clear down TL and if you combine both bars (8h) it is a BEOB @ 3150 area. Now this is possible only if you plan your location in advance instead of waiting for every PA bar to ...

      james16 Chart Thread
    • zamfir replied Oct 7, 2015

      Why it failed? No one really knows. This is exactly why you look to reduce your risk. My suggestion is that you enter on the break of the pin, this way you reduce your risk. Professionals ALWAYS look to reduce the risk , but the newbies always look ...

      james16 Chart Thread