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- Spongebob123 replied Jan 22, 2014
Hi Eng A daily chart represents 24hours of data in one candle as you know, so looking at a 5min or 15min chart doesn't give one much information to make decisions upon. Having said that, its only my personal view point and many people would argue ...
Price Action and Trading Discussion
- Spongebob123 replied Jan 20, 2014
Hey guys Current momentum on 4h chart looking to the upside, price found support and rejected going lower with a nice sized pin. Posting a little later as we seem to win after the NOW!

Price Action and Trading Discussion
- Spongebob123 replied Jan 16, 2014
Howdy Here is a trade I just got in, thought of some people wanting real time trades
Current upward momentum, found support to bounce off. Cheers Update on trade. I moved my stop to just under entry to be stopped out. Some you win some you loose, ...Price Action and Trading Discussion
- Spongebob123 replied Jan 14, 2014
Hey Darkwolf/guys Iv been away for a while but now im back
Here is a trade I took yesterday, had some nice upward momentum and price found obvious support. CheersPrice Action and Trading Discussion
- Spongebob123 replied Aug 26, 2013
Howdy all Here is a 2bar @ swing low support with the trend. Cheers
Price Action and Trading Discussion
- Spongebob123 replied Aug 7, 2013
I only trade PINS, ENGULFING BARS, AND 2BARS, 2BARS as im sure you are aware of is basically a PIN on a larger time frame. You 100% correct though, has to be at KEY levels/zones and with momentum. Very simple actually but patience is the hard part. ...
Price Action and Trading Discussion
- Spongebob123 replied Aug 7, 2013
Here is a link to babypips where I posted it, look at url Post 10449, sorry not at home rite now. Cheers
Price Action and Trading Discussion
- Spongebob123 replied Aug 7, 2013
Hey Darkwolf I know how you feel, I used to close half positions at first TA then move to BE the rest and target the second s/r level. These days I take full profit at first s/r level and results have been rather impressive. Yesterday I had the ...
Price Action and Trading Discussion
- Spongebob123 replied Aug 1, 2013
Howdy Just got in GBPUSD 4H Engulfing bar after finding nice support earlier at 50% fib. Cheers
Price Action and Trading Discussion
- Spongebob123 replied Jul 30, 2013
Howdy Currently in USD/JPY 2BAR 4HOUR. with trend at swing high, taking 97.70 as take profit. Sorry no time to post charts as im at work. I trade higher time frames as I too work and dont want to sit behind screen all day. Chees
Price Action and Trading Discussion
- Spongebob123 replied Jul 24, 2013
Thanks for the reply billytt, yeah I see now he traded the mother bar after consecutive inside bars. Cheers
Price Action and Trading Discussion
- Spongebob123 replied Jul 24, 2013
May I ask what PA you used with your USDCAD hourly trade? I dont trade hourly, and on 4hour I only saw an inside bar that I also dont trade so no trades for me
Im currently in AUDUSD 4H BEEB off .9300 round number and resistancePrice Action and Trading Discussion
- Spongebob123 replied Jun 11, 2013
Hey DarkWolf Yeah, I liked the rejection zone together with .9400 round number.
Price Action and Trading Discussion
- Spongebob123 replied Jun 10, 2013
Howdy Nice pin on USD/CHF hourly at resistance.
Price Action and Trading Discussion
- Spongebob123 replied May 20, 2013
Hey guys Been a while
AUD/CHF currently is a lovely zone just waiting for a nice candle signal. Cheers Just an update, Im skipping this trade, no clear signal bar.Price Action and Trading Discussion
- Spongebob123 replied Jun 15, 2012
Hey DarkWolf Nice trading! Iv noticed Nial Fuller, Johnothan Fox and yourself are all from Aussie land and all trade PRICE ACTION. Good to know! PS, Im from South Africa and not cool about the rugby at RWC.

Price Action and Trading Discussion
- Spongebob123 replied Jun 14, 2012
After a few trigger happy losses im trying to get back on track. GBP/JPY short from resistance. The emotional side of trading is what makes or breaks traders, thats the part I seem to be struggling with the most and PATIENCE for the better trades. ...
Price Action and Trading Discussion
- Spongebob123 replied Jun 12, 2012
Hey guys Both my eur/usd and usd/chf was stopped out. I did however get trigger happy and took the following inside bars. Cheers
Price Action and Trading Discussion
- Spongebob123 replied Jun 12, 2012
Rather frustrating when first target was just the spread away.
Yes I agree darkwolf, one has to lock in some profits. You never know whats going to happen for sure. CheersPrice Action and Trading Discussion