Dislikedso what do you think im gonna do...Nothing. Price action can be so much better than this really.Ignored
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Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedso what do you think im gonna do...Nothing. Price action can be so much better than this really.Ignored
DislikedWhat alot of dojis across the yens and the Cad,Swissy has an IB the size of a small nation which it is, cable and fiber nothing.To me this means global...Ignored
DislikedAs the title reflects i am now entring the 4th year in the study of charts and taking trades based on that charting.1 year live and with clients money who as i said in the title is happy needless to say so am i.
I play Daily bars, mostly on trend and i look for confluance on higher time frames.Ignored
Dislikednow I get it.
An epiphany, so to speak, in the trading world.
LOL oh god yes every time i lost! The voice would say STOP TRADING YOU DONT HAVE A CLUE
On a more sensible note i had 4.The first is consistant entry and win.Second was consistant managment.Third consistant exit and last consistant % risk.
They are all individual methods which if separated renders the system absolute rubbish but together create a yield curve and a system performance rate which over time and only over time fills you with a confidance to place your bets.Each...Ignored
Dislikedyes your right and swissy could and might break long but i have found that the better the price action looks or the closer it is to the ideal the better it is and its important to make good habits from the begining.It does have a weekly IB but where is she in relation to her surrounding bars? looks tight in there.The worst that could happen is she breaks we miss it or do we?...Ignored
DislikedWell at the moment my position is im waiting for more price bars as when i start my charting i always zoom right out to see the trend and bias leanings and go from there and on the whole its looks very undicided which is probably why we have daily and weekly IB s.So my quick fix is wait for more bars.Personaly id like to see a directional bar at this level to go with my weekly IB break long or short the other way.Hope that helpsIgnored
Dislikedholy cow, went on vacation for two weeks and had 40 pages to get through. Anyone find it a bit hard to get back into the swing of things after being away for awhile? Guess I'll probably sit on the sidelines until next week to get my bearings back.Ignored
DislikedOh ya mate. Been fishing for 2 months on Fraser Island. Think I'll demo trade for a while as my mind is still on the end of my fishing rod.
Glad to be back, not happy about the amount of reading I have to do on hereIgnored
DislikedHi Ghous
I'm also short on EurGbp. I waited for the break of the consolidation on the 4H and then waited for a retest and got in at 8996. I closed half at 8846 and then moved my stop to BE.
Just been looking to see if I can tighten the stop on the 2nd half. The only place I can see is around 8920 where there has been some consolidation. You say you have moved to better than BE. Do you mind sharing your reasoning for moving anywhere else than BE.
Thanks
LeonIgnored
DislikedHey thanks bud. Great to be back.
Hope the pins are playing nice for you. I see that I've missed some doosies.Ignored