hi guys, what do you thing about sell cooper at 3.2138 (midle line) with stop 3.2583 (high line)? may be you see some troubles for this trade?
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Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Hey Mike Thank you again for your reply. Could you explain what placing 'bounds' on pending orders mean? CheersIgnored
Obviously, there is no price action confirmation yet but it has broken out and held the former resistance as support 3 times now. I'm just wondering if you guys would even consider watching this for a breakout trade to start with. Is there too much traffic? Is it bad because it's counter trend? Do the tails poking back into the box bode poorly for the setup? I'm just trying to wrap my head around the breakout thought process! Thanks in advance.
DislikedHello everyone! I'm very new here, this is my first post! I know...I'm about 8 years late to the party. Hopefully it's still as active as ever. I've spent the last few days reading and watching. I have a few years left until I'm caught up... I've been watching Mike's old videos on the guest section of the group page and I'm wondering if you believe there's any merit to watching this setup (NZD/USD, Daily) for a breakout trade regarding this group's methodology. I understand your particular method for trading breakouts involves a couple of criteria...Ignored
DislikedHi guys! aud/usd I entered at 0.92576. SL right beneath of the BUOVB (my position size less than 0.01 so it not appears in MT4)Ignored
Disliked{quote} Hi Andersenyaver. I'm new to this yet, but what I see. Price is in the box + small space and price rests boundary box. I think this is not a simple transaction. Sorry for my English. Google translated. {image}Ignored
DislikedHi everyone!! I'm kinda new on this thread and i've much to learn....i think this is the right place I haven't read the whole thread yet ...it's gonna take a long time!! Anyway Mike, you're great man doing a great job. These are my first two charts....hope they're not so bad!! {image} {image}Ignored