Trades I took on Eur/USD past 6 weeks. Circles is where I had been successful (P = profit at that level), rectangle is where I had been unsuccessful (S = stopped outside ). Pretty choppy action on this pair for the last year which makes it untradeable for me personally (daily candles only). YPY crosses look much better for me in the moment. In this thread there are just two fine entries on GBP/YPY, equally successful. Will keep the thread posted.
Hey guys. I'm unable to get in the front of my computer to get a few more weeks. I have not forgotten about you guys. Any messages I get I shall reply to after I am back in the front of my pc.
This is usdjpy on a 1 hr chart zoomed in a bit more than the previous one. The previous chart was a 4 hr as well. The line was broke with a solid bar and a wonderful close below the line. Seems like its time for shorts
#8203;After the huge move down yesterday price consolidated forming a different triangle. Once the triangle was broken that is my confirmation I'm right. This is a 15 minute chart of the triangle.
Hey all...
So, I have not been around here for quite a while but I am still here. I got away from trading for a while because of some personal problems but I am back and plan on submitting some charts with trades and thoughts I am either considering or taking taking. Any idea or criticism is welcomed.
I have a few reasons for having this thread. First, it is to help others comprehend the importance of not utilizing a lot of indiors and how simplistic this is. I'm also doing this to help me understand from myself. I have a tendency to screw up pretty bad sometimes once I make a trade and it is usually as a result of insufficient patience. I will observe a currency pair that is looking really good and setting up and have a terrible habit of becoming too soon. Looking for patterns, trend lines and a bit of price action a person could get in a lot of good trades while only getting in on a few bad ones. The good ones nearly always out weigh the bad ones meaning that the profits are much bigger than the losses.
Anyone who has questions on the charts that I article or anything else about the transactions, feel free to ask. I have no issue with others submitting charts too, I simply ask that they aren't filled with indiors because I will not be speaking about just one indior on here. Simply trend lines, price action, and patterns. I will not even use a moving average.
Hello Renasdad! I know the hidden meaning of your charts, because PA trading can also be my primary point of trading! However please, add revenant descriptions with your picture's thus novice traders comprehend actual meaning of your post! Thank you!
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