Hey house, no response to this? Or no one has any observation pertaining to this? Price action traders in the house?

shorty002:
Hi everyone in the house....please I have a question for all PRICE ACTION traders or traders who understand how certain pairs move. Does d pattern of movement of a pair change with time afta one has bin used to d pairs moving in a particular manner?
For example someone once said to me that if I understand how oil moves and certain formations dat signal a change in trend den I will b successful trading oil. So for how long do these moves n formation or patterns last? Do de remain same or they change due to changes in the approach of pple to d markets? Sorry abt d long msg I wud really appreciate responses from price action traders. Thanks.

endfx1:
GBPCHF

Buy @ 1.4596

SL @ 1.4530

TP @ 1.4805

Apply due diligence



GU

Buy stop @ 1.4285

SL @ 1.4240

TP @ 1.4450

Apply due diligence

gu +70pips

gj +50pips

move to BE or close ur profit

endfx1:
GBPJPY

Buy @ 173.14

SL @ 172.14

TP @ 178.14

Apply due dilligence

+50pips...do the needful

GU 1.4386 is a good level to take profit

shorty002:
Hey house, no response to this? Or no one has any observation pertaining to this? Price action traders in the house?

Hello Boss Shorty,

An interesting question, hmmmm..let me answer this way: Price action, formations, trends etc are tools used in analysing "EMOTIONS". Are you asking "what emotions"?... The market you are looking at, the charts, the candlestick is moved by human emotions.

The market is not static and no tool predicts the market 100%. You can only fully know your own trading system. What you need to ask yourself is:

How well do you stick to my trading rules &

How well do I know about money management

In all honesty from a personal standpoint, a time comes when your tools are not just enough, I always say you need your 6th sense or hunch to trade, because your tools may give you the right entry signal but you just dont feel right about the setup, your feeling right about a trade comes over years spent looking at charts.

In summary the market is dynamic and a skilled trader should also be dynamic. You need a lot of viewing time to be able to master trading.

Happy Slashing

Thanks a lot sir

PIPsharingan:


Hello Boss Shorty,

An interesting question, hmmmm..let me answer this way: Price action, formations, trends etc are tools used in analysing "EMOTIONS". Are you asking "what emotions"?... The market you are looking at, the charts, the candlestick is moved by human emotions.

The market is not static and no tool predicts the market 100%. You can only fully know your own trading system. What you need to ask yourself is:

How well do you stick to my trading rules &

How well do I know about money management

In all honesty from a personal standpoint, a time comes when your tools are not just enough, I always say you need your 6th sense or hunch to trade, because your tools may give you the right entry signal but you just dont feel right about the setup, your feeling right about a trade comes over years spent looking at charts.

In summary the market is dynamic and a skilled trader should also be dynamic. You need a lot of viewing time to be able to master trading.

Happy Slashing

GU, GJ, GCHF. +300pips still counting

USDCHF
Buy stop @ 1.0205
SL @ 1.0150
TP @ 1.0420
Apply due diligence

Added to all my positions +450pips still counting

endfx1:
USDCHF
Buy stop @ 1.0205
SL @ 1.0150
TP @ 1.0420
Apply due diligence

-20pips..... Still holding

EmmanuelD1st:

NZDCAD- Trade manually closed @ 0.9095 [+303] and bought GBPJPY @171.90 SL: 169.98 TP: N/A
Happy Weekend!

GBPJPY - Trade closed manually @174.81 [+291 pips]

checking my trade see blood,,,,,,not surprise because the sign was there, not going to be straight move with the action at 10/11am price candle.....my SL still at good distance, i will know my stand this time tomorrow. no manually close because it does not brutally took out the levels i anticipated

see as the man above me banked good pips,,,, great work you do there brother

My 164.00 - 175 .00 buy range for GBPJPY achieved...looking to risk another buy for 179.00 target

Hello traders, i back for second missionary journey, i just refunded my acct after trading my first acct out of bis purely due to greed. Thank God Giving up is never in my dictionary. Time shall tell anyway,hope to emulate successful traders in d house.

Buy limit-GBPJPY @172.91 SL:171.17 TP: 179.00 and bought USDCHF @1.0185 SL: 1.0107 TP: N/A

currentprice:
checking my trade see blood,,,,,,not surprise because the sign was there, not going to be straight move with the action at 10/11am price candle.....my SL still at good distance, i will know my stand this time tomorrow. no manually close because it does not brutally took out the levels i anticipated

see as the man above me banked good pips,,,, great work you do there brother

Lolz.... Na me bank pass you abi? Just because today own no go as usual na him you dey talk?

currentprice:
checking my trade see blood,,,,,,not surprise because the sign was there, not going to be straight move with the action at 10/11am price candle.....my SL still at good distance, i will know my stand this time tomorrow. no manually close because it does not brutally took out the levels i anticipated

see as the man above me banked good pips,,,, great work you do there brother

you too brother

@ shorty002

no much to say to what PIPsharingan said already

i agreed with your friend on stand that pattern on commodities like oil don't frequently change and one can easily be successful by identifying 1 pattern that work well for you and continuing trading it successfully without much huddle but forex is winch brother,,,, pattern change frequently but all you need to do is train yourself well with CANDLE,, each candle printed carry own message. identify few pair that you think you can handle and invest your time watching candle price like no tomorrow ,,, identify pattern you would like to continuing trading and develop your strategy base on it. trade it when you see your pattern without fear. even if you fear self you will lose so free your mind if you don't see your pattern. stand out and watch.... is part of tradiing

EmmanuelD1st:
GBPJPY - Trade closed manually @174.81 [+291 pips]

Mehn you nailed it bro... Nice job

how come my trade back to green while typing

not surprise the way it going to end matter most.

currentprice:
how come my trade back to green while typing

not surprise the way it going to end matter most.

It's the lord's doing and it's marvellous in our sight.

currentprice:
let not be deceive with the current north move from GBP.NZD and his brother

according to the price candle they are disaster in the waiting both will be floor sooner or later except if last week high brutally taken out

^{do as your system direct you}

GBP.NZD's brother ^eur.nzd doing the needful

endfx1:


Mehn you nailed it bro... Nice job

Thanks bro

Imagine how i entered this trade thought i used better lots just to notice that i used 0.01 now this trade has hit pips like rain bought the pair in.. 1.42840 now is in 1.44352 ?? i thought i used 1.00 just opened my trades i saw 00.1 see badluck oo

Luckystar220:
Imagine how i entered this trade thought i used better lots just to notice that i used 0.01 now this trade has hit pips like rain bought the pair in.. 1.42840 now is in 1.44352 ?? i thought i used 1.00 just opened my trades i saw 00.1 see badluck oo

.....! La guru, no vex !.....

Apply due diligence. Nothing is guaranteed.

lekanfash:
Apply due diligence. Nothing is guaranteed.

i know the name of this chart pattern lols ride on i use it mostly tho moreover those arrows in your chart how did you get it wanna have that

Caleb5:

.....! La guru, no vex !.....

i dey boil since i saw that lot do you know how much i could have make if i used the normal lots i use in most trades i just use vex close dat trade after long speculation on market e cum be dat yeye lots mtcheew!! i fit just shoot person now ooo

Tanks so much sir, i appreciate u guys response+advice.
@forex=winch.....lololzzz

currentprice:
@ shorty002

no much to say to what PIPsharingan said already

i agreed with your friend on stand that pattern on commodities like oil don't frequently change and one can easily be successful by identifying 1 pattern that work well for you and continuing trading it successfully without much huddle but forex is winch brother,,,, pattern change frequently but all you need to do is train yourself well with CANDLE,, each candle printed carry own message. identify few pair that you think you can handle and invest your time watching candle price like no tomorrow ,,, identify pattern you would like to continuing trading and develop your strategy base on it. trade it when you see your pattern without fear. even if you fear self you will lose so free your mind if you don't see your pattern. stand out and watch.... is part of tradiing

Tom29i:
if u have Neteller to sell pls contact me by pm immediately

I do.