I took the AUD/NZD pinbar from yesterday and just set my stops to break even. Looking at the pattern further I seem to be considering this as a bear flag formation with further downside to come. Any thoughts on this?
Thanks.
Thanks.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked... Perhaps there was an issue with pb size and location - maybe a senior trader can comment?Ignored
Dislikedhi
I would like to show You my last trade GBPNZD daily,
Thanks for your help, that's really very helpful Thread.Ignored
DislikedThey didn't fail, they never formed my friend, non of them was broken. The lesson from this is to not take the PA setup before the break.
4H pin is still valid but is very small compared to the previous bars, it might be formed because of the noise and is risky IMO.Ignored
DislikedHi guys, is this a BUOB forming on the EURUSD daily chart?
I've also pulled a fibonnacci line but i'm not sure if I've done it right.. please do correct thanks.Ignored
DislikedThey didn't fail, they never formed my friend, non of them was broken. The lesson from this is to not take the PA setup before the break.
4H pin is still valid but is very small compared to the previous bars, it might be formed because of the noise and is risky IMO.Ignored
DislikedHi!
Sorry to ask, what do you mean with none of them was broken? Do you only play pins bars that as been broken?
I make a quick reread on something that i have printed, and one option is to enter the trade earlier, i assumed that is a bad option for a beginner :-(
RegardsIgnored
DislikedGREAT question.
Honestly, my dream was to always move to either Brazil or Germany (depending upon money and language skills).
Well, I am horrible at languages, so I am probably stuck in either an English speaking country, or a country where you can get by any where with English (so Germany is probably okay).
I turn 32 in 12 days, and I hate where I live, I hate my job, and I hate my life....Ignored
DislikedHappy 5th James16 and I must say, the seniors on this site are the most friendly and unselfish, non egotistic people I have ever had cause to stumble over.
They must indeed make you a Very Proud individual and no doubt you are partly to blame for this! LoL
Except that Jarroo chap....He promised us all some Hookers, which have yet to arrive. LOL
Only Joking Jarroo.........I fully appreciate all the kind help despite the lack of Hookers.
Being in Asia this is the best I can do for beer....I shall drink many more of these tonight in celebration...Ignored
DislikedYou stand very close to the top of this mountain jim.
I appreciate you sir.
JimIgnored
DislikedI hear there are some rather good micro breweries in the US, ever tried any of them Jarroo?Ignored
DislikedAren't you in Tokyo Pinbar? I thought Japanese girls are lovely and friendly? I'd like to visit there some time. Are you working or studying there? Are you Japanese??Ignored
DislikedInteresting area on the Aus/Usd. .8700 level. Support turning into Resistance? Maybe some good bearish PA looks good, like a long wick moving up through and rejecting this level forming a bearish PB. Or Big BEOB bar up and through this level.Ignored