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Hi all, Sorry I can't post the chart right now, but can you help me to verify whether my analysis of USD/CAD is good? So here it is: I believe that the pair won't fall further, because it's sitting on a support level 1.0230 for couple days now. Do you think that this is the case? And if...

Thanks for your reply! Could you explain more precisely what do you mean by understanding where my SL lies and how to do it? Thanks! Lulu2199

Hello everyone, Since things are quite crazy and confusing with about every major pair, I decided to step back and draw some support lines, and maybe come up with some inspirations. I was drawing USD/CHF support lines, and this is what I came up with: My plan is that since I...

So in other words, things were better before the crisis? If the market calms down and the crisis finishes, forex is supposed to be easier to trade? Tyvm! Lulu2199

Hi, I'm wondering how it was back in the days before the 2008 crisis started. We see epic trends with a lot of pairs, but I don't think that there will always be aggressive monetary policies. So back in the days before 2008, were the pairs volatile enough to form trends? Or were they...

Hello everyone, First of all, thanks to everyone who answered my question regarding the approach to every kind of market. However, now that I know about waiting the rallies and pullbacks, I am not really sure about hints telling me that the retracements are about to end, and that the...

Hello everyone, Is there any flat fee brokeres in Canada with a good quality of service and reliatility? BTW, when I say flat fee, I mean flat fee per contract. Thanks! Lulu2199

Thanks for your detailed answer! I think my problem is that I don't look sufficiently the bigger picture... After all, I only learned the existence of price action 3 weeks ago. I started to hunt for these pin bars and hammers and what not patterns ever since. Therefore, every time I see a...

Hello everyone, I think I have to get a cleanup there, since there is something wrong in my logic. Seriously wrong. Where to start? I don't like to camp in front of CNBC or my computer, trying to see the news that come out. In other words, I hate fundamentals. This is precisely why I decided...

Thanks! So in the future, I'll filter more these false patterns and not trade at news release lol

Thanks mate! I was thinking about this throughout the day and came to the following conclusion: 1, before the release of the news, I had a considerable profit, but decided to power through my tp setup. Next time, I'll simply avoid to have any position open when the country of the currency is...

Hello everyone, Sorry I cant upload an image as im outside, but please take a look at daily chart of gbp/usd. I placed a trade with a take profit on the pinbar yesterday. I know that BoE said that they aint gonna do anything for inflation, but what the market is saying is that the dip is...

Hello everyone, I am currently in a stock competition, and I want to see if price action works for stock market. However, I must have a decent candlestick chart to do so, and google finance really sucks. Also, my friend makes a ton of money in stock, but he is a fundamental person...

Thanks for your reply everyone! As it turned out, the pair did fall. In fact, I never expected to sell this pair for long term anyway, since BOJ wants to print massively the bills. However, I must point out that this is also the pair that gives me the most uncertainty, as the Pound is not...

Thanks! Just wondering, can u show me what u mean by resistance level? The price is almost parabolic, and there's no higher price than the one we have.

Hi all, Could you tell me if there is a very high probable reversal. If you check on daily time frame, there is a pin bar at a very high level, and is preceded by an inside bar. Does it mean that after the market consolidated after a bull, and then tried to break through the market and failed...

Hahaha, thanks mate. U too had this kind of days? Well, it's still better than putting money in a random pair and hope for the best, then lose money xD

Hi, I am checking all pairs right now, and find that the only interesting pairs only have inside bars... Since I don't chase a trend anymore, I now only look for PBs, inside bars and sometimes fakey. Since they are all consolidating, it means that no pair is showing any sign of movement...

Hello everyone, I need some help to read the chart of AUD/USD, from Jan 21 to Jan 23. I need to see the signal saying that the trend is going soon to go down. There are alot of pin bar-ish looking bars, but I can't tell exactly the real pin bar there... Maybe there is one. Also, things...

Thanks for your advice! Glad to see your interest in helping me. However, if I get ur saying, I must stick with engulfing and pin bars, @ resis or supprt level of many pair? That's what I've been doing every time... But, as of today, I didn't see any, any interesting level... So I don't have any...