fxScavenger
Arrogance is just Ignorance misspelled.
abso-PIPn-lutely ![](https://resources.faireconomy.media/images/emojis/64/1f60e.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f60e.png?v=15.1)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI imagin it will be most crazy day 7 may
if u don't know why take a look
http://www.forexfactory.com/calendar...y=2009-5-7&c=2
from 7 am to 9.30 amIgnored
DislikedWe would never know that until it materializes, right?
Here are some thoughts for those getting excited about yen crosses and quick dow recovery. These are by John Mauldin and I have respect for the guy.
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DislikedI have to ask a question that has been troubling me for some time. I see on the EUR/USD daily there is potential for a short following Thursdays pin if the price brerks down to around 180 (I reckon this may run into trouble around 130 or so tho'). Anyhow, my question really concerns the weekly chart which exhibits a pin or sorts in the opposite direction. My question really is (assuming the weekly pin was a valid one, which I accept it isn't) which chart should I pay most attention to, given that they seem to contradict? I know this is hypothetical...Ignored
DislikedWe would never know that until it materializes, right?
Here are some thoughts for those getting excited about yen crosses and quick dow recovery. These are by John Mauldin and I have respect for the guy.
" [size=2][color=blue][i][font="]Further, this rally (equities) has all the earmarks of a major short squeeze. Regulators have recently (and correctly) been enforcing short selling rules that require stock to be delivered and settled on short trades. This may be a one-time event. When the short squeeze is over, the buying will stop and...Ignored
DislikedThank you for responding,
Sometimes I feel I'm the only one that see's the bigger picture.
What people don't realize is governments work in much bigger time frames.
They're agenda's span decades, the cold war with the USSR was a war of financial attrition that lasted what almost 50 years. The public school system has been being dummmed down since 50's maybe even earlier.
Keep them too stoopid to question, and when that doesn't work keep them too busy to notice or if they do, to have time to react or do anything about it. It's become a game of...Ignored
DislikedThis is a great question TN. As jpa and PipGator have said that the higher time frames do Rule over lower times. Also, if there is any doubt that you have concerning any trade you should stay out and learn from it.
I think the question your asking is not of the validity of the weekly Bullish PB (because it looks like a PB). But is the weekly Bullish Pin Bar viable over the Bearish PB on Daily. Meaning is the quality of the weekly Bullish PB stronger then the Bearish Daily PB.
Looking at the Weekly Bullish PB on the Euro, would this be a "A"...Ignored
DislikedYou certainly aren't alone FX. I am seeing it the same way you are. This country is shot as far as I'm concerned. Or at least heading that direction fast.Ignored
DislikedHey Forexngo
That bar is coming into heavy traffic. Meaning the pin did not create any space away from all that consolidation. Also this is an example of my prior post. That bar is not valid until the low breaks. A lot of people try to sell these pins right on the close b/c they don't want to miss the action. You can do this, but it is IMO the most aggressive and least rewarding since the low is not far away.
Best
MikeIgnored
DislikedThis is a great question TN. As jpa and PipGator have said that the higher time frames do Rule over lower times. Also, if there is any doubt that you have concerning any trade you should stay out and learn from it.
I think the question your asking is not of the validity of the weekly Bullish PB (because it looks like a PB). But is the weekly Bullish Pin Bar viable over the Bearish PB on Daily. Meaning is the quality of the weekly Bullish PB stronger then the Bearish Daily PB.
Looking at the Weekly Bullish PB on the Euro, would this be an "A"...Ignored
DislikedHi,
I notice that here we focus on one bar price patterns, do you guys ever look at the multibar patters like triangles, wedges flags?...Ignored
DislikedHi,
James always says use his material to improve your current method and this is a good examplke of how it can be done.
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Dislikedi think a lot of people miss this VERY IMPORTANT STATEMENT AND TRUTH.
this material is a method-not a system and as such it can be tweaked, stretched, refined, added to, reduced, expanded, molded and used in any way you can think of TO MAKE SOMETHING THAT WORKS....WORK EVEN BETTER.
im up at 330 in the morning on a sunday morning listening to tornado sirens and waiting to hit the house shelter for the freakin 3rd time today. the cowboy building went down today and its a miracle no one was killed.
spring in texas. geez.Ignored