I'm not an expert yet in this kind of method. But Jarroo mentioned that he will cut his loss (correct me if I'm wrong) but Chris (clockwork) will wait till it get stopped out. Different people, different stroke.

james16 Chart Thread

I'm also in this one. Feel good when I wait for setup that I really like. I might hold this one to 126.00 but now have reached trouble areas at 128.50. (IMHO). Let see what PA will tell us first. p.s:I've now trade naked like you guys. Just use ...

james16 Chart Thread

Nice to hear that. When I first start trading, I thought the "Ah HA" moment is only fixed to find some sort of holy grail but however later that I know after losing almost all of my account that I realized it's not the system/method that ...

james16 Chart Thread

Nice Jarroo. I'm also in this trade and looking at hourly chart, price broke the previous support with great momentum, the way you like it I had my TP around ~1.4350 area. This area is also will be the first retest of previous bar high - clearly ...

james16 Chart Thread

Your chart looks different Jarroo

james16 Chart Thread

I'm also waiting for E/U. I had my eyes on 1.300 level.

Silent Service Method

Is there any reason for that Bundy? Just look at G/J

james16 Chart Thread

Thanks Bundy, I had my line at 134.00 so the area is +/- 50 pips or so. Anyway, hope it works out for you. I did not take the trade though.

james16 Chart Thread

Bundy, about your trade, do you think ~133.80 -134.00 could be where price might have problem? I see a minor daily PPZ there. The pin looks very nice though. U/Chf Wow me lol 300 pips in less than 5 minutes.

james16 Chart Thread

"V" and "U" — Hey CW, Is there any difference between "V" and "U" pinbar? Seems "V" is very fast down move (in uptrend) while "U" little slower. Is there any difference in term of which one has more higher probability of ...

Silent Service Method

I marked every point that you mentioned, and looks like everything is based on atleast daily PPZ or S/R. Now, I get your point. Thanks Rac. Slowly I will get there

james16 Chart Thread

Here you go. I'm a uni students as well and I used to think that, fast money from forex and how wrong I was lol. I realized it's more to journey than fash money at least for now. Well at least I realized I was wrong before it's too late.

james16 Chart Thread

The problem I see with this BEOB is we have Weekly PPZ below it at round number of 1.1600. But it is 80ps from current price. Any comments?

james16 Chart Thread

Seriously I do not know that water is also traded. Or is it just nickname for something.

Silent Service Method

IMO, it would make a good BUOB at swing low and we have divergence. It would be better if we could close above the daily resistance and target would be the next PPZ which is also a Weekly PPZ. This just my 2 cents as I'm still learning this stuff ...

james16 Chart Thread

Thanks Rac. Appreciated it. I'm still trading this on demo on daily but I just get puzzled that you don't draw PPZ at that area. My bad, I did not look thoroughly at the line you drew. It was daily PPZ where you entry is and the new line I drew just ...

james16 Chart Thread

Thanks CW for the hints. With this answer, I think I've figured out the "mile marker". I guess same principle applied.

Silent Service Method

Thanks Rac. It sure helps me to understand better. And I had one more Q about the same chart. Don't we have another PPZ right above the are upside PBs. When I see this it would mean for me no trade as it directly against a PPZ. And this might be the ...

james16 Chart Thread

Rac, do you still consider the 2nd arrow from the right as resistance and first arrow from the right as support? I sort of get confused around this not-so obvious s/r flip whether it can be considered as flip or not, atleast for me now. Thanks Rac! ...

james16 Chart Thread

Hey CW, I'm watching this area too. Can you give us more hint about the part where price isn't going? Do you mean that's is not going for the resistance that it has broke and atleast for now it could possibly act as support and wait for rebounce.

Silent Service Method