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  1. K

    Price Action only Trading

    I assume these silver pin bars are not going to move to the upside until after christmas, if they do at all...
  2. K

    Price Action only Trading

    Building a case for some serious silver longs here....4hr pin bars galore..
  3. K

    Price Action only Trading

    Anyone catching any of the recent good price action moves?
  4. K

    Price Action only Trading

    Silver pin bar worked out so far, there is a huge one on the weekly chart too. There is a commentary on silver at learn to trade the market, I found this silver setup this way, they have some good trade ideas from time to time.
  5. K

    Price Action only Trading

    The following chart is of silver, a huge pin bar occurred yesterday on this metal. I personally believe this is a short-term at least, and possibly a mid-term top.
  6. K

    Price Action only Trading

    I am going to have to strongly disagree with this. How can you say pure price action trading doesn't involve any levels? Pure price action means trading with only a raw price chart, no lagging indicators. Levels are not indicators, they are important areas on a chart, they are just as important...
  7. K

    Price Action only Trading

    Hey everyone, I have been a "pure" price action trader for some time now and I am looking to get others' input and collaboration on my style of price action trading. I do actually use a few moving averages, but only as trend identifiers; I don't use them all the time. So, I just wanted to...
  8. K

    10:1 could be the new leverage rule

    I was at FX solutions UK and got an email from them saying if I didn't move my account to FX solutions US they would automatically close my account on Octorber 15th. So I transferred my account over and now I can only get 50:1 leverage, which is OK, I guess, but I still don't like this new law...
  9. K

    Tell me how Tech Analysis was supposed to forecast this flash-crash?

    I personal use price action setups to tip me off to impending market moves. I agree that there really aren't any "secret" technical analysis methods, which is why I try not to use any indicators, I don't think it's necessary at all to accurately read a price chart.
  10. K

    Price Action Strategies

    Trading is going great. Just focusing on price action setups, strictly pin bars, inside bars, and the fakey setup for me. Will try to post up some examples of trades this upcoming trading week.
  11. K

    Price Action Strategies

    Mark, I agree, arguing about labels is pointless, trading is hard enough without arguing about the definition of price action trading. I think we can all agree however that price action trading involves making the majority of trading decisions only off of price action setups or price action...
  12. K

    Price Action Strategies

    Konviction, I don't really have "re-entry" rule, if I get stopped than I just accept the fact that the trade didn't work out and patiently wait for the next well defined price action signal to form. I don't really use the "hanging man", although it may work, I generally stick to Nial's...
  13. K

    Price Action Strategies

    Here is a quality fakey setup that occurred recently on GBPUSD. This setup really works nice in trending markets. It takes advantage of the contrarian nature of the forex market. Most people try and pick tops and bottoms are trade breakouts only, the fakey takes advantage of this.
  14. K

    Price Action Strategies

    thatskewl2, You are always generally going to be down the amount of the spread in forex, no matter what entry you use. This is how forex brokers make their money instead of charging you a commission. There really is nothing you can do to overcome this. You just have to make sure you are...
  15. K

    Price Action Strategies

    Price action entries can generally be set with 3 different methods. 1) Enter at market. A market entry can be used if you are trading a volatile or fast moving market and the price action setup you are basing your entry on is very well defined and "with" the current trend. 2) Enter on...
  16. K

    Price Action Strategies

    My win rate trading pin bar setups alone is probably around 60%, they don't all work out, and trading them does involve some degree of discretion. But, generally speaking, if you take well formed pin bars at confluent levels of support and resistance or swing levels they work out most of the...
  17. K

    Price Action Strategies

    Momentum on 4 hour chart is up, bullish correction.
  18. K

    Price Action Strategies

    Current trade setup. Hopefully this will give everyone some insight that keeps reaming me for not posting "live trades" this is a trade setup I have currently waiting for entry. I will post up the results after this plays out. This is how I trade inside bar setups. Inside bars are pretty much an...
  19. K

    Price Action Strategies

    konviction, The bar in question would qualify as a pin bar; it has a long protruding tail/wick, and the open and close both appear to be within the range of the previous bar. However, there is not much "space" around the tail and the surrounding price bars. Ideally I like to trade pin bars that...
  20. K

    Price Action Strategies

    Of course it is drawn after the fact. I am just trying to show my take on price action. I am not trying to make live trading calls.
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