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- aizazk replied Oct 11, 2011
Am I getting it right? — So, I tried to eye a price trap, not sure if I got it right though. Plz let me know, any constructive criticism is welcome. image that circled area is a potential entry point, due to a clear bear bar outside the trap
- aizazk replied Oct 4, 2011
Good stuff — I'm a huge fan of price action strategies. Just read through the first 16 pages before skipping to this page Excited to give this strategy a try and add to my arsenal, definitely looks like a legitimate and logical one. Though ...
- aizazk replied Jul 15, 2011
Thanks for the concise and to the point answer lol. So are you looking to hold these positions for a while then (200 pips at least)? Considering you're looking at these longer term level breakouts? Point C makes sense, I'll agree with that, but I'd ...
- aizazk replied Jul 15, 2011
That's a bold move, the next 8 minutes are key, if it closes as high as the previous hour bar or higher, you'll have a pin bar on H4 and the likelihood of it going long from there. What was the motive to take this short, if I may ask about your ...
- aizazk replied Jul 15, 2011
Lol, just a minute after you posted that, it shot up. Funny how things work sometimes. Anyway, they were just a bunch of inside bars, at least we know what the short term direction is for now.
- aizazk replied Jul 13, 2011
...and closed my 2nd position. Bearish momentum might be a breather, but it is time for me bed. screw 58 if it goes past 4062 area and doesn't come back - I won't be there to monitor it
- aizazk replied Jul 13, 2011
closed a position, next stop at 70 area with tp around 58 level.
- aizazk replied Jul 13, 2011
too soon to say it's strong. there may be hints of a strong one if it rips through 89/90
- aizazk replied Jul 13, 2011
what he's ultimately trying to say is: stay out of small scalps, at least until you can manage to trade longer (more stable) time frames. Even then, as he's previously mentioned - scalping with spreads that wide just eats into profits - so it's ...
- aizazk replied Jul 13, 2011
yeah, looks good, iv got a target around there thanks
- aizazk replied Jul 13, 2011
I posted that around 24 hours ago before that daily bar formed Anyone wanna share their next few resistance levels? (and no i'm not talking about M1/M5 charts). I have some fib levels - 38.2% 1.41197 and 50% at 1.42075 areas + some resistance ...
- aizazk replied Jul 12, 2011
finally seems to be going lower than 70.
- aizazk replied Jul 12, 2011
Enjoy the rest of your day clogz
- aizazk replied Jul 12, 2011
Just what I'm watching. Already at BE now.
- aizazk replied Jul 12, 2011
Apocalyptica - how nice. Anyway, I've been short, not sure if I should take 50 soon or let it run will see where price starts slowing down and then try to see why and whether it looks like it's going to reverse. From what I can tell, H4 ...
- aizazk replied Jul 12, 2011
haha ok
- aizazk replied Jul 12, 2011
Why would you want to buy the dip? or at least, around where?