Thanks Ghous =D
EDIT 2: The EJ looks pretty good for a short if we get PA, some divergence too.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedSweet!
BTW Shouldn't the 8940 region be of some worry??
Where do you plan to take your profits hook?Ignored
Dislikedr u talking about this one altitude,
also a newbie but let me just say dis
i think it has good location ........swing high / space to run
nose isnt really long but i think if it closes as a pin, it shld run first to 97.8 area
well, lets see wat others hav to say, sure im missing a couple of other pointsIgnored
Dislikedghous you speak my language mate, i quikly plotted my plan on my demo chart,its a good way for me to track my trades.
p.s. youlle be missed when your gone eh?...exams??!!how old are you mate?Ignored
Dislikedan 8 hour pin would be nice, I don't have the 4h Pb on my chart but going by your feed don't like this one much, it sure doesn't have a lot of ego abt it to throw away this mighty bull run or retrace seriosuly IMO.
Regards,
Ghous.Ignored
DislikedJarroo,
Is there any particular reason that you don't take the bearish PB (the one where your TP hitted). It bounce off Daily PPZ. Is it b/c of the it has small room to move before hitting another PPZ below it and small nose. It been days without setup on the daily, still waiting lol.Ignored
DislikedNot sure what your pointing out. Tough to see without a chart. Got one?Ignored
Dislikedyeah dnt like it either, nose isnt long enuff for me
comment on dis potential pin on chartIgnored
DislikedSorry about that. Here you go. I used your chart b/c can't post chart right now. It's the one that I marked with arrow. Thanks Jarroo.Ignored
DislikedIm gonna demo this one... but Short USD/CAD.... Huge resistance zone here... ThoughtsIgnored
DislikedI see now what you were looking at. The PPZ may be right, but it's a poor looking PB in shape and location. Notice the one I took was off the 1.4150 level which has been recent Lows on the Daily.Ignored
Dislikedits closed a nice pin on my demo feed!! i like this one. looks like a nice break of the wedge with a retest...and a nice pin to get you in there.MMMMMmm
89.15 ish looks good for an entry with the daily pivot ppz and a fib confluenceIgnored
Disliked1. notice a strong s/r area just beyond our pa if it exists.
2. know that if we trade into it we had better be prepared for a quick reversal that could give us a loss if we are not prepared.
if we know its there we have several choices.
1. get out when it gets there for a small profit.
2. take a small partial profit and move the remainder to BE.
3. stay in with your total position hoping for a break and move your stop to BE.
4. Dont enter until the level has been broken.
Ignored
DislikedThanks Jarroo. The PB I mentioned was directly above 1.4300 level (PPZ and RD). Looking at hourly chart, price stalled at that level as expected.Ignored
Dislikedfinally a nice daily set up. i took this one on demo because I am not sure how to position size gold properly.
great pin with trend right off the 950 ppz, 4hr chart looks good too (FXDD feed)Ignored