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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedIgnored
Dislikedboth fiber and swissy have about 70-80 pips to go before they may encounter some difficulties (imo)
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DislikedWas just scanning through my charts for the week and came across this great situation.
Why i feel it needs to be shared is that many ppl new to the thread here need to understand why looking at the bar shape although very important is'nt the factor that should dominate a trading descision,
Here is why LOCATION IS FAR FAR FAR MORE IMPORTANT,
Regards,
Ghous.Ignored
DislikedSorry for being a newb, but what do you mean by trading location and space. What constitutes a good location for you? Same goes with space.Ignored
DislikedTrades I am eye balling as we head into the weekend (see how they set-up on Sunday)...
In order of how I like them...
#1) USDCHF - Daily Pin bar, go short. Enter around 1.1475, Potential TP1 might be as low as 1.1300.
#2) GBPUSD - Daily Pin bar, go long. Enter around 1.4075, potential TP1 as high as 1.4380.
#3) GBPJPY - Daily Pin Bar, go long. Enter above previous pin bar at 127.0, first potential TP1 = 129.50.
#4) EURJPY - Daily Pin Bar, go long. Enter above PPZ around 118.10. Potential TP1 = 121.50.
#5) EURUSD - Daily Pin Bar (in traffic),...Ignored
DislikedDespite of some nice Pbs on Gu, Eu and Usd/chf here is what the $ index looks like...
Where is Rac...Ignored
DislikedDespite of some nice Pbs on Gu, Eu and Usd/chf here is what the $ index looks like...
Where is Rac...Ignored
DislikedHi Ghous
If you are looking for us index you should check the DOW or S&P. If i am not mistaken the DAX is german index. They are correlated anyway and if they go up the apetite for risk will go up. Usd will be sold supporting the present pa on most pairs. :nerd:Ignored
Dislikedhello guys, pls need help on how to draw pivot points on 4hr / daily charts.
thanks in advanceIgnored
Dislikedcheck this helpfull mbqb11 post and do not hesitate to read the whole thread.
You wont regret it and will find answers to most of your questions.
http://www.forexfactory.com/showthre...16#post2252116Ignored
DislikedNice setups all over the place but this one gonna be my cherry next weekIgnored