Kewl ! May I ask you how you determine your targets? Fibs, or supply/demand levels? I just started following your trading and I see you are PA on 4 hr and I am trying to learn that...it obviously is working nicely for you so i thought I'd follow along. Is there a particular course of study i could check out to get an idea of how you are approaching these trades ?
PAGuy
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Just Support and resistance levels for targets and also for finding setups. I find PA on H8 for gold to be best, but tradingview ain't got H8...
As for books, I just looked through charts for weeks and weeks and studied them and found signals that give highest probability setups. Pin Bar, Inside bar, 2 bar reversal and engulfing bar. FB message me if you wana know any more. Cheers
fourkey2001
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If you mean H8 as 8 hour time frame? You can custom add time frames.
fourkey2001
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Also wondering if you can highlight all these bars on a chart for learning purposes. Thanks very much
PAGuy
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Hey, Yes, H8, another time frame, I use FXCM Marketscope, which has H8 built in, for MT4, google period convertor, it will give you H8.
Ok, I will make sure to highlight the bars next time to keep things clear :)
Cheers,
Adam
onlineocean
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Hi ~ so are you in a LONG position right now in this ?? Or just commenting on the target of 1285?? Hope that doesn't sound like a stupid question but I just want to be sure...Thx : )
PAGuy
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Yes, I am holding a long position now, and have been holding a different long from 1200 :) But going long now, or Sunday evening could be a plan, I went long earlier this morning.