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- str8 replied Aug 24, 2013
Mike, what do you think of this break out BUOB from AUD CHF that happened a few months ago? I didn't trade break out outside bars at that time but now I would have traded it. It had nice space but it didn't work well. If you have traded it would you ...
james16 Chart Thread
- str8 replied Aug 23, 2013
Here was a 2 bar fake out on USD ZAR with close below BRN.
HCR-LCS + SFP Research thread
- str8 replied Aug 20, 2013
Thanks for your answer. I didn't take it either. What do you think about PA signals that only touch a PPZ with the bottom wick (the PPZ is far from the entry)? It seems to me they are hard to manage/reduce risk because you don't enter close to the ...
james16 Chart Thread
- str8 replied Aug 20, 2013
This SFP from CAD CHF 4hr failed. Do you wait for confirmation (more 1hr or 4hr bars) before taking an intraday trade (I didn't take this trade because I read a Ghous post in where he said it's good to wait for more intraday bars)?
HCR-LCS + SFP Research thread
- str8 replied Aug 20, 2013
What do you think of this BUOB from EUR AUD? Was it worth taking (well, it won, but would you have take this trade if you didn't know it will won)?
james16 Chart Thread
- str8 replied Aug 19, 2013
On NZD USD 8hr there was a pin bar at a PPZ (and on NZDJPY a pin bar on 4hr). I have noticed recently that when price tries to break the former swing high and makes a pin bar even if the close is above the SH it has high chances of success.
james16 Chart Thread
- str8 replied Aug 15, 2013
I haven't noticed the swing high you can use for reducing risk. I was speaking generally because I noticed the majority of PA signals only touch an important level with the tail. I first want to be sure I'm profitable with PA before learning touch ...
james16 Chart Thread
- str8 replied Aug 15, 2013
Mike, what do you think about the OB from this chart? I don't know how to trade these type of pins/OB where the PPZ is touched only with the tail. You're right in the trade above there is a minor SH I can use for stop MG but usually I don't have ...
james16 Chart Thread
- str8 replied Aug 15, 2013
I don't like pin bars or outside bars that touch a PPZ or a trend line only with the tail. You don't enter at the source of the move. The only logical place to put the stop loss is at the high of the bar which means you can't reduce the risk. And ...
james16 Chart Thread
- str8 replied Aug 11, 2013
My opinion about B,C setups is that you need a bigger reward risk ratio because it's hard to have a high win rate with them. If you play a A+ setup it can have a very high win rate and you can choose if you wish to have a low reward risk ratio (you ...
james16 Chart Thread
- str8 replied Aug 11, 2013
I could be wrong but I think these pinbars could signal a false break of that swing high. This means that maybe price won't have so much difficulty to break the former swing high because the former swing high won't turn into support and that pair ...
james16 Chart Thread
- str8 replied Aug 10, 2013
Wouldn't it be more profitable if you trail your stops? For example only moving your stop loss to break even without taking any profit. This protects the investements because you can't lose any more. And still allows you to catch the runners.
james16 Chart Thread
- str8 replied Aug 9, 2013
Does james16 play 2 day pinbars? I've found a 2 day pin bar on CADCHF (it also has divergence I think) but I'm afraid not a lot of traders watch 2 day charts (not even Metatrader5 has this chart).
james16 Chart Thread
- str8 replied Aug 9, 2013
Why do you prefer to take partial profit instead of full profit or just moving your stop loss? I played with the numbers and a strategy with partial profit has almost always less EV than a strategy with no partial profit. An exception is if the ...
james16 Chart Thread
- str8 replied Aug 9, 2013
Another bad thing I noticed about 2 day charts is some of the bars are actually 1 day. The bar from Friday sometimes is blended with an inexistent Saturday bar, and an inexistent Sunday bar is blended with the Monday bar. I won't be using them any ...
HCR-LCS + SFP Research thread
- str8 replied Aug 9, 2013
Thanks. What you said is also available for new time frames offered my Metatrader5? They offer a lot of intraday charts compared to Metatrader4.
HCR-LCS + SFP Research thread
- str8 replied Aug 9, 2013
Hi Pinbar and Ghous, Could you tell me why it's not good to look at 2 day charts? Is it because not enough traders are watching it?
HCR-LCS + SFP Research thread
- str8 replied Aug 8, 2013
Imo fundamentals are important only if you know some secret news that aren't available to the public (and for most of us this is impossible). However I personally am afraid to trade before big announcements (this doesn't mean that I trade ...
james16 Chart Thread
- str8 replied Aug 7, 2013
Why this 2 day BUOB from last Thursday didn't work? I didn't take the trade because of the FTA which was right at the break of the BUOB but I expected to go up (a falling wedge means price will go up, right?)
james16 Chart Thread