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benji533 replied Aug 22, 2009Cool
Yea these levels are important for intraday traders cause it is where the order flow is based. @SP - I have found that indicator only a few days ago..still didn't used the alarm. Try playing with it till you figure it out. Thanks for your ...james16 Chart Thread
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benji533 replied Aug 22, 2009You were talking about bias earlier... I too have mine about the daily GY. Currently, as I see the yen pairs, they are quite consolidating, so it will be hard to catch long moves. Last time price failed to form a higher high, so if price reaches ...
james16 Chart Thread
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benji533 replied Aug 22, 2009Thanks SP for your reply
I have started demoing these setups off round numbers on the 1H, but I am very picky with them. Usually I will take a PA trade off a round number only if there are more confluence factors (I like clear divergence), space ...james16 Chart Thread
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benji533 replied Aug 22, 200915 is younger than me
Good luck! I believe you can do it mac
Thanks man. Me? ohh don't worry about me I'm fine...don't need to chase them anymore...at least for now
Benjames16 Chart Thread
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benji533 replied Aug 22, 2009Hey Mike, Personally I play less attention to round numbers (every 100 pips) on daily and weekly simply because I have noticed they do not really have any dramatic effect on the price. Most of the time weekly and daily pin bars will be working also ...
james16 Chart Thread
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benji533 replied Aug 21, 2009Thank you James. I am glad to be here in this thread (family
). Really. Benjames16 Chart Thread
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benji533 replied Aug 21, 2009LOL, funny Thanks guys. SP, I learned a ton from your posts only (you too jarroo)
Benjames16 Chart Thread
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benji533 replied Aug 21, 2009Thanks guys, you made me smile
But Mike, I think I told you, I'm just love learning. You, james and the seniors around are the real amazing people here! Thanks again for all of you! Benjames16 Chart Thread
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benji533 replied Aug 21, 2009Yea absolutely! Sometimes I feel I get too much braggart. I don't mean that...but it's a weird situation. I am 16 years old (yea, there is someone younger than you here LOL) hardly 2-3 months trading and its too easy. I see many people over another ...
james16 Chart Thread
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benji533 replied Aug 21, 2009Got out with 185 pips gain here...Yippee!
I have entered the trade based on triple bottom with strong bullish divergence (I like these setups), and a BUOB off a round number. So we have the combination of triple bottom, divergence, round number ...james16 Chart Thread
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benji533 replied Aug 21, 2009Hi dmc, Personally I don't think you have done anything wrong about moving your stop to BE. How could you know it will take off for 100 pips in the future? On the 4H you have a clearly uptrend. See the strong support under your pin. I wouldn't take ...
james16 Chart Thread
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benji533 replied Aug 21, 2009WOW UJ is really shooting up like mad! didn't see it...anyway I prefer not taking more that one JPY pair at the same time cause they are too much the same. Lets see what I can get out of the GY
Benjames16 Chart Thread
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benji533 replied Aug 21, 2009Man! where is my lovely pullback now? Come back!!
LOL By the way, anyone took the GBPJPY 1H BUOB? usually I trade only pin bars...but now I have started demoing the outside bars as well
I'm still in. Benjames16 Chart Thread
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benji533 replied Aug 20, 2009Interesting... Let me guess, you have plotted the 1.0000 because it's a round number? I need to be more aware of them. I know that playing breakouts against the trend is a no-no for you, but in this case we are at extreme low with strong divergence. ...
james16 Chart Thread
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benji533 replied Aug 20, 2009Hi Mike master of breakouts
I need your advice. I have been looking for some breakout patterns today and found this lovely exotic pair EURSEK. It was squeezing during the last month, and it is with the trend. In addition, there are no special ...james16 Chart Thread
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benji533 replied Aug 20, 2009I think this is a great post. I can add and say, sometimes big winners can be even more dangerous than losers. When you break your rules and get an huge winner, you get the wrong impression and think "why not do that again? it was a great winner". ...
james16 Chart Thread
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benji533 replied Aug 19, 2009I'll add this - Wen I read your chart, I see more indecision of price. It is ranging. I don't feel like it wad rejected hard enough to be able to break the strong resistance above it. There is no momentum. Hope it helps. Ben
james16 Chart Thread
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benji533 replied Aug 19, 2009Hi supermatt, I know many tend to combine bars, but I personally don't to that. IMO it isn't the same. All the idea behind pin bars, as I see it, is a sign that price reached a certain spot, but got rejected very fast for some reason. When the nose ...
james16 Chart Thread
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benji533 replied Aug 19, 2009Hey, I know these are not the best examples...now thinking on that, I souldn't post them
But I can see the PA. Chart - there is a pullback, then a DBHLC. Chart 2 - there is a pullback (not to the pip though) and than a break of an inside bar. ...james16 Chart Thread