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dan89 replied Jan 5, 2014Sorry mate I missed this question. For me I usually wait for decent close (this may be a pre-emptive PA bar) outside of the pattern before looking for a PA bar to take the trade. I also TT but my criteria for a pattern is strict. I never directly ...
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dan89 replied Jan 5, 2014Hey Neytiri, You have the concept correct. Wait for a breakout of a pattern and PA to form indicating to go long or short. Or look for a preemptive PA bar. ...However, that 'pattern' you have is extremely steep, and it looks as if you're 'curve ...
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dan89 replied Jan 3, 2014Hey Mike Very nice trendline for long entries there
I still need to gain some confidence trading off a trendline that is not part of a pattern. May take this one on demo if price reacts right
Take care Danjames16 Chart Thread
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dan89 replied Jan 3, 2014
. Always appreciate the great advice mate. Thank you
Take care Danjames16 Chart Thread
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dan89 replied Jan 2, 2014Hey mate, Yup sure did. Its always nice to see price do what you expect it to do. It provides reassurance and confidence that your doing the right thing
Personally If I see a pattern on a certain TF I stick to that TF for trade management TP ...james16 Chart Thread
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dan89 replied Jan 2, 2014Hey all, Just a quick update, Price reacted as expected but the break was a bit messy .. image Take care Dan
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dan89 replied Jan 1, 2014Its a verrry steep trendline though ... Take care Dan
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dan89 replied Dec 31, 2013Hey mate, hows things In regards to dropping down TF's. Most of my trades are taken on the 1hr. and a few on the daily, dont take any trades on the others TF's. But this is only because these are the TF's that I am comfortable with through ...
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dan89 replied Dec 31, 2013Price currently testing the support zone. Idealy would like to see a bounce here or a strong close below the whole zone ...
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dan89 replied Dec 30, 2013Hey all Absolutely nothing happening with the charts as of late. Just this semi decent box starting to form. Looking for a BO either way if we get a few more touches. image Edit, Just looking at that pattern now, I dont like the top level. Just ...
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dan89 replied Dec 27, 2013Hey Ghous, thanks for the reply mate. Yeah I was looking into myfxbook, but like you said they only seem to support mt4 which suck (for me anyway lol). Thats an interesting point about maintaining capital. I hadnt thought of that. But for me I guess ...
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dan89 replied Dec 26, 2013Hey all, Hope everyone had a great Christmas
Quick question, does anyone know of a simple analytical tool that tracks all your forex trades that produces charts/equity curve etc. FF has its own tool 'trade explorer' but it just seems way over the ...james16 Chart Thread
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dan89 replied Dec 21, 2013Hi all, Well looks like I wont be taking a trades this month. Have not been looking at the charts that much this month with hectic time at work and planning for christmas etc. I really should of taken this particular setup which would of resulted in ...
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dan89 replied Dec 17, 2013Hey SP, The problem with this in my opinion is that you cannot know your trade plan from A-Z before you enter a trade because your trade management will change as price starts to move after the trade. Entry and Stop loss can be determined before the ...
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dan89 replied Dec 15, 2013Hey Xhale, FXPRO has the NY close which is the one you may consider 'proper' I have always used their demo charts for analysis but I trade live with FXCM through their tradestation platform Take care Dan
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dan89 replied Dec 14, 2013Hey TamRoofer, I see you have had quite a few replies on this setup you took .. I thought I would give you my opinion on this since I studied Jarroo's method for quite a while both here and in the PF. The thing you need to know with this method is ...
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