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- WHenderson replied Aug 26, 2012
Well, I didn't mean literally nobody. Of course there must be someone to sell to when you go short. What I meant was, the lack of buying interest is what keeps prices moving down in such scenarios. In other words, the massive downtrend you are ...
- WHenderson replied Aug 25, 2012
I would say the answer is nobody. And that's why price keeps falling til it reaches a level where it becomes again attractive to buy. But do bear in mind that not all transactions are made by speculators. Even if, say, the Euro is falling ...
- WHenderson replied Jun 11, 2012
Hey, NWO, I'm trading the same pair but a different bar (also bearish, and also on a demo account). It's nice to see how different analyses line up. My bar is an inside bar in the weekly chart at a very confluenced area, in my opinion: 1.3000 BRN + ...
- WHenderson replied May 5, 2012
Yeah, I can't believe this but I actually hate these pesky weekends.Let's sign a petition to eliminate weekends altogether. Or at least to make trading available for us retail traders. Who's with me??
- WHenderson replied Feb 24, 2012
buob on Nasdaq futures — Hello, guys. If I'm not mistaken, this buob is at a great location. It's a Nasdaq March 2012 futures chart. What I like about the bar is that it closed above 2600 BRN, and above all the previous highs. Also, it is in a ...
- WHenderson replied Feb 23, 2012
Hey, equivestor. The reason it was not technically a pinbar, is because the body of the bar was not within the previous bar (see chart). But I agree with you that it had pretty decent confluence to back it up. Best regards, William
- WHenderson replied Feb 23, 2012
Hey, equivestor. I think the bar you took on the 1 hr AUD/NZD wasn't techically a pinbar, but let's just say it was, it was actually heading toward a huge ppz I had marked on my chart around 1.2800. Look at how many times price has been rejected ...
- WHenderson replied Feb 17, 2012
Question about BRN — Hello, guys. What are the BRNs for pairs like X/NOK, X/SEK, X/DKK... whose pips have a very small value? Is it 5.00, 5.05, 5.10, 5.15..., or 5.00, 5.50, 6.00, 6.50...? I feel that the former are too close to one another, ...
- WHenderson replied Jan 31, 2012
I agree with you that it's not the best setup, Pinbar. I'll try to find something in a better area. Thank you very much for your reply. Have a nice day!
- WHenderson replied Jan 30, 2012
Wow! Great post, dfumagalli. Yeah, I agree with the coming levels of resistance you point out. I think I'll just watch how this develops. I just started learning Jarroo's stuff this last week, and I see there are many things to consider. Anyway, ...
- WHenderson replied Jan 30, 2012
My view on this issue. — Great question and I feel that this is one of those issues that are very controversial but they really shouldn't be. The only reason why speculation is controversial is because there are lots of uninformed people ...
- WHenderson replied Jan 30, 2012
Hehe. I hope it helps. BTW, I'm the guy that just posted the comment defending speculation on the PF's thread on trading and ethical thoughts. Thanks for your kind words, Mike. Looking forward for tomorrow's webinar!
- WHenderson replied Jan 30, 2012
AUD/USD setup? — Hey, Jarroo or Pinbar, what do you guys think of this setup? AUD/USD daily. Does it have potential to BAAAM?
- WHenderson replied Jan 30, 2012
How about this, guys? — A yeeeearly pinbar! If you look at the usd/chf monthly chart, you can see this. It shows a bit of bullish divergence and it almost touched the 70.00 BRN (though it actually touches like 5 or 6 BRNs, lol). No fib ...
- WHenderson replied Jan 18, 2012
Lol! That's exactly how I feel. I'll keep working on it, though. William
- WHenderson replied Jan 18, 2012
Yeah, I've noticed that too. This time I just forgot to do it. Still, many thanks, Pinbar! William
- WHenderson replied Jan 18, 2012
Got it, Mike. Yes, it does make sense: the last thing I want is a saturated chart. Thanks again for your feedback. Cheers, William
- WHenderson replied Jan 18, 2012
Thanks, Mike! So, considering what you said, would you say it would be a better idea to focus on a zone near the current price, say 1.35-1.20, and start finding new ppz from the weekly or daily charts? Thanks in advance, William
- WHenderson replied Jan 18, 2012
EUR/USD Monthly Pivot Zones — Hello, guys. I'm trying to practice the art of finding price pivot zones. I started with the EUR/USD monthly chart, all the way back to 1989. I drew red lines at -00's and -50's and highlighted with yellow the ...