Got couple of pendings.. -Sell stop on nzdjpy 85.669, taking this one off the month 4hr resistant counting on it to hold up and drop once again hopefully. -Buy stop on gbpnzd 1.98751, this is just off the recent hourly support more like DB play.. ...

Price Action and Trading Discussion

Check this out guys.. look how broker screwed me out of my tp.. I know it was news time but look at the gap and chaotic pa.. most likely the widen of spread got something to do with it, overall it cost me there unfortunetly.. cool 70+piper not ...

Price Action and Trading Discussion

Closed gbpchf trade for +61

Price Action and Trading Discussion

Just closed couple of yesterdays trades for about +70 each.

Price Action and Trading Discussion

I trade mostly the 24 major pairs so most of what you put up are not on my list at least. but audznd i am eying to short 0730 area.. audchf same deal looking to get in on Pb from old sup discussed above posts.. nzdusd and eurnzd for the time being ...

Price Action and Trading Discussion

it's a good high probable area.. the only thing that I would watch as my last confirmation is on how it approaches and reacts to the level.. if breaks it strong.. i personally would let go.. unless it makes a strong firm resume back inside counting ...

Price Action and Trading Discussion

Closed the uj trade for break even.. as you can see it yo yo-ed the hell out of me for 50 up 50 down so better stay out of it for the time being, even though it could now continue upward but to me it has diminished the once potential i expected and ...

Price Action and Trading Discussion

sooner or later or in some cases never, a trader would realize that success rate at best is 50/50.. and it's the trade/risk/money management what would make the difference.

Money management first

capital, fund, money to trade.. the lack of it or enough of it makes a difference in the patience/discipline part that you talk about. from my review on your explorer account looks like you took much more risk on early stages than later on.. I could ...

Price Action and Trading Discussion

I am not using pm.. but if gdr don't feel comfortable talking about cap issues he can certainly use pm or not even respond back to me.

Price Action and Trading Discussion

so you have developed this mental self belief that, if you actually stay patience for the limit to be triggered and discipline to plot at least 1:1 rr your entries with limit orders are on the money for most part to turn in profit at the end? and ...

Price Action and Trading Discussion

G man, since this post i kept wanting to ask you a question about it but for one reason other got put off.. anyways.. so last sentence.. "the hardest part of trading for me is keeping my patience and discipline under complete control, predicting the ...

Price Action and Trading Discussion

Morning.. 1st trading day of the month, hope everyone jumps to good start and finish largggg.. let's get it going.. I several trades going already.. yep I like to dig myself a hole early on, lol.. or maybe not. usdjpy long 101.826 (from Friday) ...

Price Action and Trading Discussion

!!

Price Action and Trading Discussion

thanks budd.. to be honest and not to sound cocky or anything.. I am a bit disappointed with that trade where it held my capitol for 2 weeks and the damn thing never moved higher than the original strong 400pips move on day one, it kept bouncing off ...

Price Action and Trading Discussion

jen.. I'll say depends on when you move the risk to BE!!.. if its right after trigger where your straight into profit halfway or so to your target, then it's rather too quick, looks like a scared money play. I can tell you almost certain it will ...

Price Action and Trading Discussion

Alex I suggest to start with s/r.. try to spot it on your own from longer tf (daily-hourly) to lower tf.. see if they make sense based on PA's multiple reaction to the levels area. This is good start to understand the basic and then move your way up ...

Price Action and Trading Discussion

Finally closed this after two weeks for +400.. gave it all the chances and enough time to break through 400 mark which still might but I just don't want to see another drop down like it did on Monday seems like that's what is intending to do or a ...

Price Action and Trading Discussion

closed for -6.. just nothing gets going as of late.. early weekend seems best option I guess, lol.

Price Action and Trading Discussion

good post.. I trade both conditions bcz it's necessary due to market unpredictability.. but prefer one over other for following reasons, short to the point. Range provides more information for more extended time the way i see it. Range (1hr and up) ...

Price Action and Trading Discussion