Hello,
Anyone else taking the 4hr pb on the eur?
Anyone else taking the 4hr pb on the eur?
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedAnyone catch that inside bar break on the AUDUSD??
Good for some pips right to where you'd expect it to stop...... at the round number PPZIgnored
DislikedBe careful ALM, the markets are'nt in the most normal of state...
Play it safe...:
Regards,
Ghous.Ignored
DislikedGhous,
Have read some of your posts recently and must agree with your assessment of the higher TFs as recommended by Jim, Mike etc. Back in Oct/Nov I was getting a lot of winning trades (17/19) using the J16 methods, but I became a bit cocky and started to make a lot of silly mishtakes on the lower TFs and my losing trades increased a lot.
So, have decided to go back to higher TFs for a while and hey, presto, have had a couple of good winning trades on the weeklies (CAD/jy+Nz/US) already this week. It proves what you guys say and anyone still...Ignored
DislikedI was doing well on Daily with demo and I too have had many losers trading Hourly.
I think the difficult bit is to have the discipline to hold the winners for longer on the higher timeframes. If you can master that then thats half the battleIgnored
DislikedI'll look at the Eur/Jpy first since it broke 1st.
Rule of thumb is the the previous bar's Low is a good S/R line. If it acts the same with more previous bars the better.Ignored
DislikedI'll look at the Eur/Jpy first since it broke 1st.
Rule of thumb is the the previous bar's Low is a good S/R line. If it acts the same with more previous bars the better.Ignored