To add to the discussion, here's a USDJPY trade from today that had me confused. It looked to me like we were in a corrective move after a nice impulsive move to the down side. I was therefore looking for a short entry at the end of this move. A ...

intraday trend trading with price action

Thanks for that detailed reply Sho, very helpful stuff.

intraday trend trading with price action

Very nice trade Kurt, keep it up!

Intraday price action trend trading

Thanks for that. I need to become more discerning like you. I got shot to pieces today.

Intraday price action trend trading

Yes, makes sense thanks.

intraday trend trading with price action

Thanks for trying to help me Sho but I'm still very unclear on this one. It would really help if you could try to set me straight on the 5 points please. Would also be great to know which trades you would have taken. Sorry to be a pain.

intraday trend trading with price action

Was this a dumb trade Sho? The blue line is daily S/R and approx. 50% fib retrace. Should the upper wicks of the last 2 candles have warned me off? Thanks!

intraday trend trading with price action

Hi Sho, I'd really appreciate your comments on these setups please. I have a few questions regarding the attached chart: 1. Should the big (unusual?) bar labelled (a) have kept me out of any longs? 2. Should the bearish bars labelled (b) have added ...

intraday trend trading with price action

Glad I'm not alone, what a horrible day.

Intraday price action trend trading

What kept you out of everything else please? Was it a lack of convincing impulse moves or something to do with ranging? I'm trying to learn when to avoid trades like these. Thanks

Intraday price action trend trading

Anyone else had problems trading since the London open? I've done nothing but mess up today. Most of the currencies I've been watching have been trapped inside hourly triangles (although impulse moves have still been evident on M15). Is it best to ...

Intraday price action trend trading

Good stuff, well done.

Intraday price action trend trading

Hi Sho, I do have all your charts saved and I promise I haven't taken any shortcuts on my homework. Perhaps I'm just not seeing things that are obvious to you and others. My understanding of an impulse move is: in an uptrend, the last swing high is ...

intraday trend trading with price action

I guess that's right Milton. However, outside bars are generally quite large and that latest GU setup you mentioned would require a stop of 33 pips which is way larger than the 10-12 pips Sho is encouraging us to risk. I'm wondering if it's OK to ...

Intraday price action trend trading

Nice entry Milton. I haven't played an outside bar before. Has Sho given us any guidance on when and how to use those please?

Intraday price action trend trading

EU - 3 pins in a row - what do you call that?

Intraday price action trend trading

Sorry to hear that Milton. Oh well, reload and try again....

Intraday price action trend trading

USDCAD has flatlined. Looks like EU and GU may turn up from here?

Intraday price action trend trading

Is that bullish divergence on GU and EU?

Intraday price action trend trading

GU messing with yesterday's close. EU messing with yesterday's high. In both cases could turn so I'm skipping any signal until these levels breached to down side.

Intraday price action trend trading