P_Parker

P_Parker

see Chart Cheers Parker

P_Parker

-> Breakout Triangle -> and also Break of Resistance -> Retest on Resistance turned Support and Triangle took place -> I missed the Entry (50% of bullish Candle after Retest), hope for another Retracment regards Parker

P_Parker

see Chart same View in H4: regards Parker

P_Parker

-> (bullish) Pinbar on Neckline of W1 Double Top -> followed by bearish Engulfing (I look only on the Candle Bodys and ignore the Wicks) = 2 Bar bearish Pinbar W1: Entry: 50% of "2 Bar bearish Pinbar" 2 Units - 50/50 TP1 reached -> SL to BE - aiming for TP2 regards Parker

P_Parker

-> Price broke Support (now Resistance) and Trendline with following Retest -> potential Double Top regards :-) Parker

P_Parker

-> Price broke the Support now Resistance at ca. 11600 -> Retest with a daily bearish Pinbar Hope the entry will be triggered :-) Cheers Parker

P_Parker

Hey, this is a Trade I took last night. I posted an Idea of GBPAUD recently where I waited for a deep Retracemnet to go Long (see related Ideas). The correlated Pair GBPNZD give me that deep Pullback to Resistance Line and Trendline together with a bullish Engulfing. Thats the reasoning for this Trade. You know I am a Novice and I still Trade on Demo Account (but...

P_Parker

-> This is a Trade within the bullish Uptrend -> Price broke a minor Resistance -> the last 2 daily Candles show Rejection of the Resistance turned Support (2 bar Pinbar) -> I speculate on a deep Retracment to better the Risk-Reward Ratio bevor Price goes up -> Pending Order was set with 2 Units -> 50/50 ->Target 1 reached -> Position will be closed and Stop...

P_Parker

-> Breakout of small Wedge -> and Rejection of Resistance at ca. 124.400 D1 shows Engulfing Candle: Good Luck Parker

P_Parker

Now another Attempt to Short the DAX. We have a bearish Candle which shows that Price was rejected from the Resistance at ca. 11800. Its not really a Engulfing, but it is enough for me to take this trade anyway. The SPX500 is on his all time High and shows also rejection of it: My last Short Trade wasnt succsesfull, so I take care and reduce my normal Lot Size...

P_Parker

Looks like the Neckline of the SHS Pattern is about to break. I wait for the daily Candle to close above and a Retest at least in H4. Will update this Post when Position is opened. D1 Candle: Cheers Parker

P_Parker

-> bearish Pinbar on Support -> followed by an bullish Engulfing Candle -> when you put that two Candles together to one, it becomes a "8 Hour bullish Pinbar" ;-) I play around with 2 Targets. Some of my Trades would have made 3 Times the Profit of the normal Target. So my Strategy what I want to use is to close 80 % of Position at Target 1, move SL to BE (or...

P_Parker

This is a Price Action Setup I normaly dont trade, but I want to give it a chance with a small Lot Size. Usually I go for Pinbars and Engulfings. Dojis (in this case on D1) are new in my Strategy. -> Price was not able to hold above Resistance -> see Chart for Details -> I guess there will be an Outbreak soon because Price squeezes in the last hours in a small...

P_Parker

Ok, I risk a small Lot Size for shorting the DAX. We have a Four Price Doji and bearish Pinbar on Resistance. When you look at the past Price Action the Four Price Doji is often to find at Reversal Points, so I hope this one will work too :-) Cheers Parker

P_Parker

-> bullish Pinbar on Support -> seems to be a strong daily Support: Thanks to Tom Hall. I saw that Setup in his Idea :-) regards Parker

P_Parker

-> Support Break and Retest -> smaller Lot Size(Risk) due to 2 other correlated Trades H1 -> Doji (Dragonfly?) on Support regards Parker

P_Parker

-> Support Break and Retest -> smaller Lot Size(Risk) due to 2 other correlated Trades regards Parker

P_Parker

-> Support Break and Retest -> smaller Lot Size(Risk) due to 2 other correlated Trades regards Parker