dnbpriceaction
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Posts posted by dnbpriceaction
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no solicitation is allowed.
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Wow, this guy meek13 is wizard lol
Thanks meek, yes you're right it is more than just trading breaks of every inside bars. Yes it is a simple system to understand but what most people don't realize is simple works best, why would you want to over complicate your trading?
This system is based off price action, I the candle stick setups I trade are the rejection candles (pin bars) 2 bar reversals, outside bars, indecision breakouts, inside bar breakouts and price squeeze breakouts. Each having their own rules, entry techniques and stop placements.
The money management plan I use does mean I can lose 1/2 my trades and stay in profit if I aim for 1:2 RR, the higher RR you trade the more trades you can afford to lose and still be in front.
As for the person who requested that I show my real account, well I am not going to do that... who ever shows their real account? What I will do is start a demo account and feed it through myfxbook or something to prove that it works if that would please you guys?
In relation to the markets, after this down slide there are only counter trend trades on available on the menu. If you guys are interested I post my chart ideas up every day on www.dnbpriceaction.com for free.
The GBPUSD Inside Bar
http://www.dnbpriceaction.com/wp-content/uploads/2012/06/5-06-2012-1-19-04-PM.jpgHigh Grade Copper Bullish Rejection Candle
http://www.dnbpriceaction.com/wp-content/uploads/2012/06/5-06-2012-1-30-29-PM.jpg -
solicitation is against this forum rules.
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solicitation is against this forum rules.
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you cant solicit
- alansim, casey12 and hellboy1713006415
- 3
DnBPriceacti*n
in Trading Systems and Strategies
Posted
I use Alpari UK, they have copper and a range of other commodities you can trade as well.
I haven't done any videos yet, that is definitely something I need to get on top of.
Here is a setup I am looking at right now on the NZDJPY
http://www.dnbpriceaction.com/wp-content/uploads/2012/06/22-06-2012-2-58-13-PM.jpg
This is a bearish rejection candle reacting with weekly resistance. Unfortunately the markets have been a bit rough as of late so there hasn't been too many good opportunities to capture some nice big daily moves. Hopefully this one well sell off nicely into next week. Check out my chart analysis section on my blog for the whole story.
Ill try be more active on this thread, but I am not getting notified when there is a new post. I'll have to see if I can fix that up.