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Tokunbo 2012 Mercedes Benz GLK350. In pristine condition @8.2m. call or WhatsApp 08169270516

pinbar:


As you can see from my chart, the breakout bar would have remained the same. As a rule of thumb, just make sure its not too steep or too flat, somewhat like 45 degrees. By the way, where you referenced has not qualified as a swing point, not untill you have 2 bars on both sides lower than the candle in question.

As for patience, it is an instrument we cant do without

Things are a lot clearer now...cleared on the swing point having lower candles on both sides as well. Thanks prof.

pinbar:

First of , my apologies for responding late. I noticed you were trying to connect two swing points, yes that is the normal conventional way, but this method is far from it. As against connecting two points, you hinge one point which remains permanent and you draw the other end to the last swing point. For stops and targets, there is no one way to it, your method is ok

Thanks for your response Pinbar. One question lingers...What determines the point of reference, how will one know exactly where to place the trend line? Placing it anywhere as long as it goes through the new high will lead to varying results as seen by the attached photo.
My question is will any of the lines do? seems like trading subjectively. Pls be patient with my questions?

Is this a valid trade as well? It is a pity I can't ask you these questions on your telegram channel, as one can only read your posts but not respond.

Hi Pinbar. I just wanted to be sure i am doing this right. In the attached charts, the arrows indicate what I judge to be valid entries. Is this correct? If not, kindly help me out. Plus, I'm curious how you place your stops and targets. For now, I place SL just below the low(for long trades) and set TP as 2SL or higher, and trail it.

pinbar:
Alert

Buy EJ @ 132.23

SL 131.61

Break even @ 40pips and forget the trade for next 2 weeks

check my channel for updates

Awesome job bro...I've been quietly following your posts and I have joined ur telegram group. taken three trades off your strategy... two in profit...one dancing around entry. All in all, appreciate ur contribution.

Bitterleafsoup:
They created it to wipe out the undesirables, but if you happen to be an Elite puppet they can spare you and give you cure eg; Magic Ervin Johnson.

2nd point they have a cure, but treating the disease is very profitable for the pharmacies manufacturing drugs.

3rd point it is a tool for depopulation.
Thanks for asking.

So much truth in one post

Cadec007:
Must the whites produce everything? Y can't the blacks that brought the disease find a cure.
I think the Q that should interest us is 'why are we so dependant on the whites?' for christ sake these guys are our equals not our masters.!!!

While I respect your point, kindly do some research b4 making assertions. Blacks did not 'bring the disease'

what about 33k?

johnstar:
Cal me na

make it 30k and we have a deal

bigpicture001:
can't remember the name now..but the main guy in d movie is a professional killer..who can face plenty equally good killers..all with guns.he is a suite wearing killer..so gud that at the end of part two, he was commissioned to die.by his camp and contract of his death sent to virtually all trained killers in the world..any one knows the film?

I'm guessing you mean John Wick

MrCross:


This part got me laughing so hard>
"The entire pride of lions simultaneously stopped eating and charged at Ndiwane, who, in what was apparently a brief moment of lucidity, changed his mind and tried to get back into the car." Shey he wanted to form samson alagbara

You just had to quote it all.

20k laptop is of which spec?

redsox11:


I don't care about news except Non Farm announcement, once a month. If you're trading 5mins TF, you should care about the news.

Good plan you've got. Now it's waiting game... For the set up to show up.

Ps: As you're on 1hr TF, you should ignore trade with large SL, look for set up with tight SL and be picky.
Pps: From the chart, I marked the previous buy. With daily big picture confirming it.

That's quite a relief, I get tired of having to keep up with news at times. Thanks for the tip. I'll try discipline myself to take trades with a tight stop loss. I get itchy fingers sometimes.

I have my eyes set on AudUsd for a potential sell this week. Trading on H1 and confirming 3candle sequence on D1. Price hasnt broken 24 sma, neither has sma began to turn yet. I just hope I don't skrew it up if the setup is complete. Also, I'm curious...will news alter our results with this trading system? Considering we trade high timeframes.

redsox11:


Great job bro. It's all about putting it to play, not just reading it online.

To answer your question, I'll enter after bar close. So that I don't enter into fake move. And if the bar closes with too much movement that will require big stop loss, then I'll wait, market in most times retrace back to where they broke out from.

Bigbasho plays it this way a lot. He waits to enter at the retrace from where the market broke out from.

Thanks for your quick response. I agree that caution should be taken when big move occurs with the breakout candle. Waiting for the retace tho?...sounds like an idea. Thanks man. I studied some of your previous contributions. They are very insightful...showing the phychological workings of the bulls and bears. I'm looking forward to any other explanatory charts.

redsox11:
You cannot have 100% win rate in one day only to lose everything the next days.
You cannot have 100% win rate in one week only to lose everything in the next weeks.
You cannot have 100% win rate in one month only to lose everything in the next months.
You need a SMART objectives and a win rate which you can sustain over a longer term with CONSISTENCY.

thanks for the great job you are doing bro. Took two trades on Eurjpy and eurusd last week. Both ending in profit on the H1 timeframe. I was wondering however, what is the best way to make an entry? Through a buy/sell stop order or should one wait for the candle that broke the Support/resistance to close. I find this a challenge at times.

In the attached picture. At the break of support(red line) I am caught between placing an order a few pips below the support and the close of the breakout candle( blue line). If I place an order... In a short time I would have been in profits....however, if I entered at the close of breakout candle, not only would my entry be unfavorable, I'll also take a loss on the trade.

There are other situations I've seen in the charts where stop orders didn't do so well. Price simply fell pass the support, triggered the order and continued in the opposite direction, leaving only wicks or shadows. Just wanted to get ur take on this.

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Nice to know maysimsimple is for real . Send Glo my way ooo. lol. Muchos gracias sinior.

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