Gejordan Weekly Journal

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I think I finally figured out how to make the movie to appear in here again... good day I am getting old. Https://youtu.be/GcLhPpWXi5g

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Hello Gejordan,

Thanks for the movie. Really informative. Few questions if you don't mind.

1. If you say the B area ( I have marked in the chart) is a fantastic place to go short,I believe, it's the cover of the channel for a very low risk entry with SL just over the channel. I heard you saying since it is near the A area, it's good. . . .My question is, are we considering A as good since it just broke out of that region and we are expecting it to hold (support turning into resistance).... I am just trying to confirm if that is the only motive or if I overlooked something.

2. You talked about an egy. I see that a bearish PA candle at the C.... But if the very top of the PA candle has been broken to the upside that trade is invalidated right? That's why we put SL pips and minus PA candles' wicks. Can you describe why are we utilizing the PA candle there to go short. Because the PA candle is at the bottom of the channel and also the Stop loss can it be ought to be over the channel . Attempting to understand why are we looking a brief entry following the PA candle top is removed.

Additionally, I never discovered it made a first LL @ A few days after always making HH.... That comment was useful also. Thank you.
https://www.nigeriaforextrading.com/...1527960615.jpg

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quote Hi Gejordan, Thank you for the video. Really informative. Couple of questions if you don't mind. 1. When you say the B area ( I have indied in the chart) is a good spot to go short,I think, it's the cover of the channel to get a low risk entry together with SL just above the channel. I also heard you saying since it is near the A area, it's great. . . .My question is, are we considering A as great because it just broke out of that region and we're expecting it to hold (support turning into resistance).... I am just trying to confirm if this...

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quote https://youtu.be/y7e2JPyC_B8

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Thank you.... For the explanation... you did not say about the invalidation of all PA candles.... It was my general idea to think that when the wicks of all PA candles are removed that the PA becomes invalidated. Thank you.

I took one trade . That trade was taken because price was creating HH in brief term. I think that the trade idea was okay but did not execute it properly. I saw a station and took a trade following a bullish engulfing candle. It was not the best place. But took it there without needing the price to come down because of the support at orange arrow. If I had waited to get the price to come down to base of station, it'd have been better. The fantastic part is price transferred 1:1 in my leadership.... But depressing part is I did not move to BE and ended up taking a loss.

When I review... I see the bigger channel in 1 hour and the ideal trade was a brief on retrace from bearish engulfing at blue arrow instead of attempting to squeeze several pips on a lengthy... I think I had been expecting it to break to the upside...I should trade what price shows... I also recall you talking about 1880ish place in the video daily...
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quote Thank you.... For the explanation... you didn't say concerning the invalidation of PA candles.... It was my concept to think that when PA candles' wicks are removed that the PA becomes invalidated. Thank you for clarifying that. I took one trade . That trade was taken because price was making HH in short term. I think that the trade idea was okay but didn't implement it. I saw a channel and took a trade after a bullish engulfing candle. It was not the perfect place. But took it there without awaiting the price to...

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Tadeusz... if you are up for it, do some instruction. Break Rearden's article down and it will be a review for you and see if you're able to remember. (and in the event that you can't I'll or if you overlook some thing I'll fill it in... just had a thought this morning that this would be a fantastic exercise for you to begin cementing all this achievement you are having lately.) Helpful hint Tadeusz - do not concentrate comments on price action, but on big concepts of what we do as unprofitable traders versus in which we attempt to get as profitable traders.

I'll do a text update and do a video tonight, however, price moved up throughout Tokyo, analyzed the low through London, then bounced off the bottom of our overnight station and is going up right now. Hmmm... seems like I remember hearing something much like this could happen?!?! Rearden, can you determine how I weaved together the motion of price, loed some interesting loions, accounted for news, and assembled a plan? All a day beforehand.

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https://www.nigeriaforextrading.com/...1525380462.jpg

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I Enjoy the Thought

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https://www.nigeriaforextrading.com/...1525380463.jpg