didn't know you can combine them all like that...
those confluence, drawing it that way, is it pretty strong?
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThis will be my 1st post on this thread.
I don't believe in coincidence.
Regards
AnthonyIgnored
DislikedCHFJPY: Weekly pin bar (not perfect but at a good location) broken down.
Daily outside bearish bar formed. Looks like a good opportunity to me. Anyone else?Ignored
DislikedThis will be my 1st post on this thread.
I have seen it mentioned numerous times how tricky inside bars can be.
Hope this slant on IB PA helps.
It would seem broker server time plays a key role in the variations of what traders see when on 4H and above.
Personally I will only use one set to close 5PM EST.
I have used the EUR/USD trade as an example.
A clear cut sell if ever there was.
USD/CHF the complete opposite.
I've thrown in the AUD/USD as well.
I don't believe in coincidence.
Regards
AnthonyIgnored
Disliked...
For my futher trades, what should I do? For example if I open a position based on an daily chart, how can I manage it? looking dailys, 4H, weekly or montly or combinations of them? ...Ignored
Disliked..... if you enter on h4, exit on h4 and so on. I think this has been mentioned by Mike few times - lots of time lol. After all, it would come down to your personality.Ignored
DislikedOk.
For my futher trades, what should I do? For example if I open a position based on an daily chart, how can I manage it? looking dailys, 4H, weekly or montly or combinations of them?Ignored
DislikedAnyone long eurcad after 4hr pinbar off 1.61 / 1.62?
Or long audcad after a retest of 0.85?Ignored
DislikedThanks Jarroo, I too will be looking for PA on 4hr / Daily for a possible position to enter. I have put my daily PPZ around 0.9500 (round number) upto 0.9520. I agree it is a little vague at the moment.
Thanks
MAB.Ignored
DislikedShort answer is: I don't know, I'm not you.
Trades I'm posting from time to time are for illustration/entertainment...Ignored
DislikedThe Weekly PB on the Eur/Gbp worked out nicely Mab.
Once Price broke the PB, it's a good sign to see Price retrace to the entry point and then continue to fall as shown on the 4 hour chart. More so on the Hourly.Ignored
Dislikedheres another example.
2 ib's followed by break up then forming a pin, indicating a move lower.
it hasnt broken the low of the mother bar yet but has given pips on the break of the pin.
could give a nice retrace of todays daily bar. or it might not..
The thing i like is it gives a double top with divergence...Ignored
DislikedHi guys,
I tried to this by myself first and got confused, and need to check the ideas with senior traders. Areas like this A/C is the most confusing areas for me so far, since looking at the daily bar, the low volatility from the holiday make the bar so small and I find it hard to find for PPZ areas. So, this is what I come out with. Hope you can help.
For the daily chart, the two line is PPZ for the daily and also for the weekly chart. There's a PB but the nose is not long enough. So, I will look for potential setup in this PPZ areas. Daily...Ignored
DislikedI like the .8500 as a strong PPZ . TBL on the 4 hour could be tradable, I would have a target at .8430. But my eyes would be looking for Bullish PA to ride the current uptrend.
In all honesty, the pair is a messy and all over the place. When I scan pairs and would come across this one . . . that looks like a couple of porcupines in a fight . . I pass. There are many other easier pairs to trade.Ignored