I have finally caught up with the thread. Graeme, based on the statement above, which is essentially trend following, I wonder if the FB is considered a counter-trend trade? Or is it trend following as the FB on H4 turns into the original trend as ...

Building an equity millipede

Well done everyone.

Intraday price action trend trading

Hi Sho This is amazing. The previous bar to the pinbar was a large bearish bar, so I would actually be looking for a short trade. What made you take a long after a large bearish bar that closed below the midline? Thanks!

Intraday price action trend trading

Sho That was impressive! Was that done with what you have taught us ie 30%, or your entire 100%?

intraday trend trading with price action

That was meant to be sarcasm in case you missed it.

FXCM Discussion

Hi Jason Do you know why there is a spike in the tick chart for GJ attached, where the difference between bid and ask suddenly widened? I would like to congratulate myself that it was to stop me out of my trade. My stop at 138.25 was triggered at ...

FXCM Discussion

This is good. Thanks for the clarification.

intraday trend trading with price action

Thanks.

intraday trend trading with price action

I must have got it wrong when you mentioned no price action, no trade on the first page, that you meant price action to be bar/candle pattern. So from this example, you will still open a trade when there is a small bar in a corrective move, even ...

intraday trend trading with price action

Long UJ at arrow shown. Got out when divergence was forming. But trade went up further after that. With that, the divergence signal was off. Was the exit correct, Sho?

intraday trend trading with price action

Hi Sho Thanks for the great explanation. My question is why the entry was based on the green indecisive bar which is not a recognisable price action bar. It was also not a rejection of the previous support turned resistant since it remained green. I ...

intraday trend trading with price action

guys news time at 7.30 and 9 am.

Intraday price action trend trading

if the SL is too large, Sho mentioned to enter on a retrace or to let the trade pass if there is no retrace.

intraday trend trading with price action

Hi MJ yes it seems that city agrees with you. Which means that both of you are entering while the red bar is developing, with price going lower than the indecision bar. My problem with this approach is if the bar decides to close in the opposite ...

intraday trend trading with price action

I think city meant enter on the close of the red bar, which technically should be the signal bar. That would have made a viable trade price action. Only thng is the SL should be based on the signal bar and not on the indecision bar. Hope I ...

intraday trend trading with price action

I see. Good that it works for you usually.

intraday trend trading with price action

correct me if I am wrong. It is not a pinbar or inside bar. It is at best a neutral bar. Or is there any other price formation I have missed?

intraday trend trading with price action

Hi MJ let me try. Is your signal bar the small neutral bar? I am not sure that is price action because it is not an inside bar. If that is the bar, for me that is no trade.

intraday trend trading with price action

Hi Milton I know this was a iffy trade before I entered. But I entered with a small stop loss when it retraced. So I thought it was worth the trade. It went my way very soon after I entered, and that allowed me to bring my trade to breakeven fast, ...

Intraday price action trend trading

First trade after spring break. Long at red arrow. BE+1.

Intraday price action trend trading