Thanks, I misunderstood. Do I now understand correctly that you mean the HIGHEST LOW of a BULLISH BAR in the most recent Swing High? As marked on the attached chart? Thanks, Paul

Daily Chart 3-Candle

OK, thanks. So, I presume that the equivalent Best BUY Level is the is the Highest Bullish Bar Low of the current Swing High - have I marked this one correctly, please? And you carry out a similar analysis on Daily, Weekly, and Monthly to get a ...

Daily Chart 3-Candle

V. cool ... thank you so much for sharing this! I'm not quite sure I understand how it works yet, so please see attached chart of the USD/CHF Weekly. Have I marked correctly the Lowest Bearish Bar High of the current Swing Low? Or do you mean the ...

Daily Chart 3-Candle

Hi again Simone Oh no, you caught me peeking at your monitors! Sorry ... I was wondering if you have found any good way to find the S + R levels at which swings are likely to occur? I've tried Fibo's, and various time periods of Pivot Levels, but ...

Daily Chart 3-Candle

Thanks, Simone. I love the way this trading system gets you in at a high-probability swing point with a rather modest stop loss. When the setups succeed - which is often, in my experience - you can usually get a 3:1 or better Reward:Risk ratio, ...

Daily Chart 3-Candle

Hi Simone / everyone - Thanks for this great thread - I've been following the system for some time now and it seems to work really well. One quick question, assuming I mark the setup accurately according to the rules, sometimes it doesn't quite get ...

Daily Chart 3-Candle

Thanks a lot, Erebus .. I'll go check it out.

Pinpars Rock

Sure, re-entering in the direction of the underlying main trend - after a retracement - makes for safer trading, as you say!

Pinpars Rock

Cool. On which timeframe did you see the pinbar on the USD/CAD - I can't see it on the 1-Hour The 11:00 am BST 1-Hour candle on the USD/CAD has a rather fat real body, and its tail is definitely not at least 3 times the length of the real body. So I ...

Pinpars Rock

Good point! Although the 14 August pinbar on your chart worked pretty well, and it is the same colour - green - as the preceding bar. Your example shows how well pinbars can work on longer-term charts, such as 4-Hour and Daily charts.

Pinpars Rock

When to exit this EJ short trade? Conservative approach would maybe be to take it out around 126.56, confluence of previous S+R level and the 50% Fibo. Alternatively, assuming you already have your risk locked away anyway, is to see if it wants to ...

Pinpars Rock

Perfect 1-Hour chart Pinbar / Shooting Star on the EJ this morning at 7:00 am BST, a reaction off the 161.8% Fibo extension of the previous rundown ... in profit already, with +1 PIP locked in. Locking in early means I am risking getting knocked out ...

Pinpars Rock

Thanks for the comments, Dadas. I have amended my post above, to show just the key Price Action elements of the 15-min chart, plus a Daily chart with Monthly OHLC lines for context.

Price Action in Day Trading by Dadas

I just used the latest relevant Daily candle as background, and drew 15-min PTECZ's. I have the Monthly OHLC lines as context.

Price Action in Day Trading by Dadas

Dadas: This is brilliant stuff! You must have taught me well, because I am pleased to say that my own chart, with 15min PTECZ's, looks almost exactly the same as yours. I am a complete convert to the PA approach, and your Zone approach is the ...

Price Action in Day Trading by Dadas

ProRealTrend — ProRealTrend is a module of the ProRealTime software, which can be found at www.prorealtime.com . This is the software company that supplies IG Index with their "Advanced Charts", but the version that IG uses is frozen at a ...

ProRealTime / ProScreener / ProRealTrend / ProBackTest

ProRealTime — I do not know why Forex Factory has moved this thread to the Commercial Forum. I am a simple non-professional trader trying to find other ProRealTime users with whom to kick off some discussions on trading ideas, starting with my ...

ProRealTime / ProScreener / ProRealTrend / ProBackTest

Publishing ProScreener code on ProRealTime website — Heard back today from ProRealTime today - they vet each individual submission, so there is a backlog of screeners waiting to be published.

ProRealTime / ProScreener / ProRealTrend / ProBackTest

ProScreener code for Long and Short screens. — Herewith copies of the actual code for Long and Short screens. Use the procedure outlined on the ProRealTime in order to load up these screens. [I have been trying to publish these on the ...

ProRealTime / ProScreener / ProRealTrend / ProBackTest