I agree
I only wanted to tell him that a private forum exists
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Rubin,
Dabuschi is absolutely right. At a swing low with divergence this one would have been a mighty setup...
Close = Open is just fine for a pin bar, it is'nt for an outside bar or an inside bar but for a pin bar the open and close being at the same price shouldn't destroy the setup...
An indecision bar (which can be mistaken to be a pin bar) is where the two "wicks" on each end are exactly or close to being of the same length, and when you see that you don't even need confirmation of the open and close being at the same price level....Ignored
Had 3 trades on the 30min charts. I am taking half profit at first resistance then BE
DislikedWe had the discussion of th BUOB on the UCAD wkly and agreed it could not be traded without a retrace and PA on the lower TF. We got the BUOB on the 4hr while I was sleeping. Would the 4hr BUOB have been a good trade? To me it looked good as it was right on the PPZ and has some room to run. What are others' thoughts?Ignored
DislikedFrom my limited experience, I would say this is a stronger signal than blindly taking the weekly BUOB breakout. This 4 hour filled the gap, retested the PPZ and broke out higher... now watch out for 1.30 and trade your plan...Ignored
QuoteDislikedThis thread is like kindergarten and elementary school, and private forum is more like university.
You don't go straight to university after you just started walking...
QuoteDislikedCheck the profile
QuoteDislikedOne thing I have noticed in J16, is the number of people from all over the globe and the difference in the charts. A pb might show on some charts but not on others. The chart below might better explain to the how and why of this.
This chart is a daily chart using 2 days of 1 minute data from 1/13/2009 time shifted by 1 hour increments to represent what users would see on close of daily by their time zone around the world and the difference in shape....
DislikedI was asleep at the switch on this one, literally. I really, really, really need my beauty sleep. Really! Ergo, I missed it but would have taken it had I been awake. Oh well.
Where in WI you live, JD? I am from Minnesota, though residing in Calgary, Alberta, in the nation of sound banking practices.Ignored
DislikedFx Genius,
nice take on PBs. it sheds a different light so to speak.
talking about mq4 & ex4, should mq4's always be accompanied with ex4's? is an mq4 indicator "impaired" if an accompanying ex4 is not available/downloaded as well? or alternatively, what's the difference, if any, when mq4 is downloaded with an ex4 compared to downloading mq4 or ex4 alone? just want it clarified, ThanksIgnored