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- Milton replied Feb 24, 2010
Hello Sho Would you have taken the EURUSD short now after the three rejection bars or is the slope of the channel not strong enough to the downside?
intraday trend trading with price action
- Milton replied Feb 24, 2010
Sho wanted to say: If you see this big bullish divergence, don't enter long on that without all the other rules. He did'nt mean: when you see this big bullish divergence, then go short anyway. But in my opinion a pinbar with such an enormous lower ...
intraday trend trading with price action
- Milton replied Feb 24, 2010
Hello TheNovice I think Sutts is right. First your blue pinbar is not really a rejection bar. Its lower wick is bullish. Same for the pevious big pinbar: long lower wick. Then your blue pinbar is an inside bar, so I would wait a breakout to one side ...
intraday trend trading with price action
- Milton replied Feb 23, 2010
Hello Sho I have a question that is really important for me. Are the pinbars with yellow arrow valid signal bars for down trend? Because I thought, only the pinbars with blue arrow were valid (the yellow arrowed pinbars show, that the buyers pushed ...
intraday trend trading with price action
- Milton replied Feb 23, 2010
Hi adler I have mistaken it. Your trade was usdjpy, not eurjpy. So it is not near 100 pips win. But wonderful result although.
intraday trend trading with price action
- Milton replied Feb 23, 2010
Wow! I'm dreaming of such a win.
intraday trend trading with price action
- Milton replied Feb 23, 2010
Hi adler As I see it, you surely have made near to 100 pips win? Or are you still in?
intraday trend trading with price action
- Milton replied Feb 23, 2010
Now the eurchf failed already 5 times to break the middle line. Now I'm confident.
intraday trend trading with price action
- Milton replied Feb 23, 2010
I entered short the eurchf at the yellow arrow at 1.4661. I have seen a little downward slope of the channel. Price stalls, it doesn't seem to agree with my wants. Hope it does.
intraday trend trading with price action
- Milton replied Feb 23, 2010
As Sho says: there are plenty of opportunities - patience.
intraday trend trading with price action
- Milton replied Feb 23, 2010
Hello Sutts Sticking exactly to the rules, you would have put your stop at the low of your signal bar or 1 pip below. So anyway you would have been stopped out. But don't mind! Such f...ing spikes are never predictable. You weren't wrong.
intraday trend trading with price action
- Milton replied Feb 22, 2010
Thank you very much, Sutts. I am landed in the chatroom.
intraday trend trading with price action
- Milton replied Feb 22, 2010
To join the chatroom, do I have to register with username and password or is this only for the forum?
intraday trend trading with price action
- Milton replied Feb 22, 2010
Maybe you are right, but channel is going UP.
intraday trend trading with price action
- Milton replied Feb 22, 2010
I think it's difficult for the EU/US this moment. They are hovering around the 1.3600 line, and the 15min MACD and the 1hour Stochastic show bullish divergence. I would wait.
intraday trend trading with price action
- Milton replied Feb 22, 2010
Hello all Came across this thread this week-end. I think it's very good. Hello MJurban! I have attached a chart to ask some questions about your trading: According to what I have understood from the method image the red cross: signal bar (rejected ...
intraday trend trading with price action