LOL. Yes, no way I'm going back to working in IT. Too close now anyway.

Intraday price action trend trading

Thanks. Just got stopped out for B/E though. Oh well, sure there's another around the corner for me.

Intraday price action trend trading

That's interesting. It's about 2 times my usual stop (or a little more) so it makes sense. I did try holding out for 3x for a while but they usually failed to get there. It could be that my stops are too large and I should be waiting for more of a ...

Intraday price action trend trading

Yeah, persistency will pay off I'm sure. Just hope my wife has the same faith!

Intraday price action trend trading

Long EU off signal bar at 1.3341. Moved to B/E

Intraday price action trend trading

Some massive profit taking going on there on GU at the 50% retrace of the down move and daily trend line break point. It's going to take a big push to get through that lot.

Intraday price action trend trading

Yeah, sometimes I wonder if it's wise to plot trendlines on your charts - they've often spooked me into taking profits too early.

Intraday price action trend trading

Good that you took the trade Milton. I took the first signal but got stopped out. When the second forrmed up I was on the school run.

Intraday price action trend trading

Sho, I think this might be a better candidate for a bullish impulse. I'm trying to see the clues that tell us the major flow is now to the upside. Am I on the right track? Thanks

intraday trend trading with price action

Don't worry mate, I do break off now and again. Unfortunately I have the type of personality that has to keep going till I solve a problem - unfortunately this problem has lasted for 6 years. Great that I'm actually learning something at last. ...

Intraday price action trend trading

Yes Sho, it's not wasted if I learn something from it. I think today's lesson will stay with me. Thanks.

Intraday price action trend trading

Thanks for the advice Sho. Even though those green bars looked strong I can see now they were completely dwarfed by the big red bar and that should have set the alarm bells ringing. I'll keep working at it. I think until I become more proficient I ...

intraday trend trading with price action

I'd be happy with 7 pips Buildcity. I'm down 32 due to stupidity, lack of common sense and understanding. What a crappy day.

Intraday price action trend trading

I've been thinking some more about the above trades. On both EU and GU we'd been in a strong down trend for some time. I got excited when I saw what I thought was a bullish impulse (against the trend and the channel but an impulse move none the ...

intraday trend trading with price action

Hi Sho, I think I need your help with my interpretation of impulse waves please. I thought I had it wrapped up but a few bad trades today got me wondering. I attach charts of EU and GU today. The EU looked a better setup but at the time of my trades ...

intraday trend trading with price action

Thanks Bankshot, interesting stuff for sure. Wish we knew more of the games played behind the scenes. It would really help with the PA reading if you could associate it with the actions of the big players.

intraday trend trading with price action

I remember Sho saying that the keltner channel angle didn't matter if you read the impulse moves correctly. I thought I had but obviously I got it wrong. I think I'll stick to trades with the keltner in future though.

Intraday price action trend trading

brb

Intraday price action trend trading

OK, I'll put my hands up. I don't know what the hell I'm doing. On both EU and GU I thought we were in the correction phase of a new bullish impulse move. The big green momentum bars and the fact that the previous swing highs were taken out was the ...

Intraday price action trend trading

Nice trade anyway Bankshot.

Intraday price action trend trading