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- dcart replied Dec 23, 2010
Inverted Pin Bars — Just trying to get my head around these, after reading Ghous's explanation. Correct me if i'm wrong: The main difference is the location, a bull pin at a swing low indicates a move up, whereas a bull pin at a pullback ...
- dcart replied Dec 15, 2010
Yeah, before i was moving SL to BE at the first TA, then taking partial profit, but now i get my stop to BE at the FTA, then move it again once the 2nd TA is hit and so on. This way my pips are full value. I was fed up of one loser wiping all my ...
- dcart replied Dec 15, 2010
Someone already mentioned it i think, but took this today. Only ended up with 30 pips due to getting my stop to BE at the FTA, then trailing it once the 2nd TA was hit. What is encouraging is that price ended up where i planned it to go, hitting the ...
- dcart replied Dec 8, 2010
Took this today. Not the best pin, but for me it had good location and confluence; at a swing high off a trendline and it had double fib confluence also. Two confirmed LH's showed there was momentum behind the move, even though the dominant trend is ...
- dcart replied Dec 3, 2010
Anyone watching this? Waiting for a break of 1.35, or a break and re-test....
- dcart replied Nov 11, 2010
Can't seem to get into a decent trade. Saw two pins yesterday on EUR/USD and USD/CHF, placed orders but thankfully they never got hit as price went off the other way. I guess the weekly pin was too strong for the bulls to take over on the EU trade, ...
- dcart replied Nov 9, 2010
Just a quick question. Say you have a pin bar on the daily, is it best to wait for the close of the next day's bar to confirm it, or do you prefer to just trade the immediate break out. Im guessing that the first option is the most conservative but ...
- dcart replied Nov 7, 2010
Was also looking at this. I think it will work out, but ive not taken it since i try to trade with the trend and there is a pretty huge downtrend behind it. My trading plan its to not take counter trend trades, so im itching to trade it but my plan ...
- dcart replied Nov 5, 2010
Awesome, thanks. As long as im on the right track. Only been at it for 6 months so im still trying to make my trading plan as solid as possible. I knew it wasnt an 'A' trade, but it did jump out at me since it was at the bottom of a tight range. ...
- dcart replied Nov 4, 2010
Sorry to butt in guys, just wanted an opinion on a a pin i took. (Purple arrow) I took it because it had confluence; with the 1.40000, a 50% fib and strong PPZ providing support. My stop loss was just below the 1.4 mark and the 1st take profit area ...
- Posts by Member Search: 'dcart'