Dislikedfinally!! I waited all week for this one, too late for a friday but the momentum was still there!Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
James16+Rayanmcd(Jan kone) and ME 7 replies
Dislikedfinally!! I waited all week for this one, too late for a friday but the momentum was still there!Ignored
Dislikedfinally!! I waited all week for this one, too late for a friday but the momentum was still there!Ignored
DislikedJudith.
Observing the RSI at what it was, what made you pull the trigger on that trade?Ignored
DislikedJudith.
Observing the RSI at what it was, what made you pull the trigger on that trade?Ignored
Dislikedyes, Chris already said it perfectly, I personally only look at RSI for divergence on counter trend setups, I you wait for a nice breakout and pullback you dont even need a good pinbar to enter any doji or neutral bar will do!Ignored
DislikedToday I tried to trade H1 chart (USD/JPY). Nice Pin formed with RSI divergence and double top. However ... it was a loosing oneAny ideas?
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DislikedIf you move down to the lower timeframes, you'll see that the pin bar was really just a retracement that closed at the exact worst time, closing as a pin. Maybe 20 minutes later, it would have closed a lot differently. Just something to consider. If you take them with the trend however, you'll be enjoying at the very least a cool 65+% on your trades.
When I enter on 1 hour setups, I always look at the 5 minute charts to make sure that it will run through. If I see that it was just the retracement back to the 21 however, I'm out.Ignored
DislikedThanks Mike! I opened M15 and see that PA retraced exactly to 23.6 FIB + round number and thus formed PIN on H1Then price tested previous support and resistance (daily resistance also) and moved up. It seems that I totally ruined this trade ... should move my SL to BE when price reached daily resistance or even better ... I should not enter this trade at all to save my money
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DislikedToday I tried to trade H1 chart (USD/JPY). Nice Pin formed with RSI divergence and double top. However ... it was a loosing one Any ideas?Ignored
Dislikedanother thing to keep you out of bad trades is the elliot waves. you will notice that when a divergence trade triggers a 5 wave pattern beginsIgnored
Dislikedhi guys, i enteret at 1.3006 and hit my sl, i enteret again at 1.3016 and also i hit my sl, the trade was with good res, and downd trend in chanel. that you guys think im did wrong?Ignored