(no offense SL ... just joking!)
However does anyone have thoughts on the next two charts ......
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey Mr.T. ...... i think that instead of marijuana ... (500 s/r LINES ?) here we are talking about a guy who is a long white line addict ...
(no offense SL ... just joking!)
However does anyone have thoughts on the next two charts ......Ignored
DislikedActually I play drums, so I can do the tummy-rub-and-head-patting-type of stuff no prob while talking about current eventsIgnored
DislikedLOL . What about the Circle Drawing Thing?....
Can you draw a clockwise circle in the air at speed with your right foot, while drawing an anti-clockwise circle with your right hand??Ignored
DislikedHey findcount
You might also consider doing what I do, simply use MT4 for the charting and trade on Oanda. You don't miss out on anything and you have a charting software actually worth calling it that
Take care,
SLIgnored
DislikedLOL . What about the Circle Drawing Thing?....
Can you draw a clockwise circle in the air at speed with your right foot, while drawing an anti-clockwise circle with your right hand??Ignored
Dislikedmany thanks to MBQB11 and Seeking Light...........
so i guess you win some and you lose some, anyway there's no 'standard' charts around, right ? even different MT4 brokers have different closing times............
i'm trying with Alpari for their 4hr charts since almost everyone seems to say Oanda's 3hr charts are totally useless.......
many thanks again.Ignored
Dislikedyeah there really is no standard. Some will say that having a closing bar at 5pm est is the unofficial standard (since this is when NY session ends). I find some validity in that, but in the end the charts are the charts, and price is price.
If you want to use the same broker charts as James then use InterbankFX. If you want a close of 5pm est bar. Use North Finance. Or really just find what is most comfortable for youIgnored
Dislikedmany thanks to MBQB11 and Seeking Light...........
so i guess you win some and you lose some, anyway there's no 'standard' charts around, right ? even different MT4 brokers have different closing times............
i'm trying with Alpari for their 4hr charts since almost everyone seems to say Oanda's 3hr charts are totally useless.......
many thanks again.Ignored
Disliked...and Seeks..
LOL . A actually GOT THIS WRONG!!
The test is...
While sitting at your desk, Lift your right foot off the floor
and make clockwise circles.
Whilst doing this Draw the number 6 in the air with your right hand.
Your foot will change direction and theres
nothing you can do about it. :
Actually, I'm going to post this in the relevent section too. LOL
...WITH a poll. LOLIgnored
DislikedOn topic :
We now officially have our Monthly Pin on Cable. Looking good...Ignored
DislikedHow do you trade that pin ? I mean how many pips on top of the pin would you place an entry? It's 600 pips long. Or would you wait to enter on a retrace between 61.8 or .50 fib ?
I think is difficult to trade the longer time charts.Ignored
DislikedI like to know how to trade those big pins. I get stoped out every time for setting stops too close.Ignored
DislikedFindcount,
In agreement with Mike and the Trendster...
Just trade it! (Hey, we need a Nike logo made out of a Bar chart! )
I've never had any issue with trading price bars through different brokers.
I use Accucharts (FXSol, Gain Capitals Charts, InterbankFX and backtested with Alparis MT4. I now even have an IgMarkets charting feed. I trade what I see and don't have a problem at all when trading pins, double tops/bottoms, outside bars and whatever. Just trade what you see.
If you keep practicing, over time you'll learn to see multi-bar versions (equivilents) really well anyway.
The main issue I have with the different charting choices are the different extremes sometimes (high for the day, etc), but it rarely effects how tradable 'what you see' is. Along with different daily close,it plays havok with daily pivots sometimes , but you can do them manually in about a minute anyway!
,BIgnored
Dislikedwhat he means is you treat a monthly pinbar the same as any other timeframe. So that means placing your stop at the bottom of the pin and entering on a break. Yes your stop will be 600 pts, but all that means is that you adjust your position size, everything else is relative. Some people may just choose to use that pinbar to give them direction and move to the daily or weekly, that is a matter of preference.
MIgnored
Dislikedwho knows, who knows Tiki.....
I'd like to see 209 and ... beyond. Only time will tell.Ignored