The LONG tail of the wick must touch or pierce the 8ema, NOT the short wick. Occasionally the entire candle may pass through the 8ema. A bullish pinbar must touch the ema from ABOVE. A bearish pinbar must touch ema from BELOW.

Swing Trades using Price Action

You don't get many trades on 4 hour and less on daily. The one hour will produce about a trade a day on average, per pair. The direction of 8ema is the most important. At the start and end of a trend the 8ema will change direction first, which is ...

Swing Trades using Price Action

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Swing Trades using Price Action

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Swing Trades using Price Action

Following are 8 examples of trades in the last 6 hours... mostly all occurring 5 to 6 hours ago. Quite obviously it's hard to enter so many trades at the same time due to available margin... and these were ALL on the one hour time frame. This is why ...

Swing Trades using Price Action

Please be aware that the 8ema repaints as the new candle forms after valid entry candle closes sometimes. This only happens when there is a strong move up or down on the new candle. It can affect what you may see and record. For instance it can pull ...

Swing Trades using Price Action

I would not be anticipating a pinbar so far out from candle close.

Swing Trades using Price Action

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Swing Trades using Price Action

Good luck young man. Journal your trades and emotions etc. It's a learning tool.

Swing Trades using Price Action

Trust me, it's worth it.

Swing Trades using Price Action

Every candle, its mainly backtest. Some recent forward testing, BUT for data collection... EVERY candle is seen.

Swing Trades using Price Action

You say you have a flaw... psychological/mental obviously. How do you know that the EA has no flaws? To help overcome personal flaws, you need a clearly defined winning mechanical strategy with written down rules that you back/forward test manually. ...

Swing Trades using Price Action

OK, so did your EA give you a: Buy on eurjpy daily today? Buy on audusd hourly today? Buy on gbpjpy hourly today? If the answer is "No" on any of them, there's a flaw in the EA.

Swing Trades using Price Action

Entry BUY on EURJPY daily time frame today... I'm in this one live.

Swing Trades using Price Action

Thanks Niko... I have not tried your EA/indicator so I can't give an opinion on its worth. I back test manually in TradingView, and only use metatrader for placing live trades. I have more than 1 pair with winrates over 75% with 1:1 r/r on all time ...

Swing Trades using Price Action

You need to draw up a set of rules for your strategy and backtest it extensively.

Swing Trades using Price Action

I don't use a bias based on longer timeframes, but you could I guess... whatever floats your boat. I now just enter based on if the 8ema is sloping up or down, if it is flat at the close of qualifying candle, I ignore the entry signal. The example ...

Swing Trades using Price Action

You make and save your own template in TradingView as depicted below... and when in doubt if a candle qualifies you simply apply the tool to the high and low of the candle in question. The top wick and body should be within the top ⅓ of the fib you ...

Swing Trades using Price Action

Are you serious or are you being sarcastic?

Cable Update (GBPUSD)

Hi iota, your screenshot doesn't show the 8 & 16ema's, or the data source. I suggest you go back, and read the opening post and look at some of my screenshots in the thread too.

Swing Trades using Price Action