DislikedYou might be on to something. There was a time where you could take the opposite of my entries - with a 20 pip SL and win 80% of the time.Ignored
Would be if it wasn't so very true.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedYou might be on to something. There was a time where you could take the opposite of my entries - with a 20 pip SL and win 80% of the time.Ignored
DislikedThose moves has alot less to do with arbitary trendlines, and alot more to do with the FOMC announcement and existing homes releases last night.Ignored
Dislikedye iv been looking at this also, i have another senario i think is possible??your opinion would be appreciated.
its run a long range today allready so mabye a little pullback is eminent??
the chart is getting very interesting at any rate!!
cheers
jonIgnored
DislikedAnd the beauty of it is , you didn't even need to know 'why' to make money out of it.Ignored
DislikedThe more I see
the less I know
the more I like to let it gooooooo
Heeeeyyyyy ohhhhhhhhhIgnored
DislikedYou might be on to something. There was a time where you could take the opposite of my entries - with a 20 pip SL and win 80% of the time.Ignored
DislikedAnd the beauty of it is , you didn't even need to know 'why' to make money out of it.Ignored
DislikedDon't be persuaded by me though
I just see a huge bullish move small pin, with a lot of support at 1.0850(we both agree on that which is probably the msot important point). I could see a small retrace before a resumption. Still hasn't broke the low on mine. There is a high from sept 15 if that can hold it down it would happen around now, if not up up and away it looks like.
Mike W has been at this awhile, so he knows the forums are where we share ideas not where we trade off others. One trade doesn't make a method.Ignored
Quoting joelcfDisliked...and then people who later drew 'trendlines' on the hourly/daily that cuts through half the bars and then claim that it was almost a certainty that price did what it did.
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I just worry when I see people ascribing meaning to random post hoc diagonal trendlines that dont even really make that much sense. It's just curve fitting, imo.Ignored
DislikedWhile I am waiting for a trade setup, sitting in a hotel bored to tears. I figure I would work on a PA alerting indicator. Nothing special, just sends emails and such when a pin or BEOB ect... forms.
QueIgnored
DislikedIf they hang around long enough in here... ...we'll fix 'em up.Ignored
Dislikedps. and i promise to try not to post any diagonal trendlines that dont even really make that much sense in the future for the sake of keeping this thread as good as it isIgnored
Dislikedthe big news just gave the kaboom effect. they could either accelerate my profits or stop me out at be or small loss. it was like we were just waiting for the news to come out so we can move on...Ignored
Dislikedps. i am thinking that the whole issue of intermarket relations fe: dollar- stocks, gold- dollar or oil- cad, currency pairs correlation etc are kind of left aside in this thread.. isn't it crucial for a general market understanding ?Ignored
DislikedWhile I am waiting for a trade setup, sitting in a hotel bored to tears. I figure I would work on a PA alerting indicator. Nothing special, just sends emails and such when a pin or BEOB ect... forms.
QueIgnored
DislikedOne of the most amazing people I ever read talk about fundies was Merlin. Man some of you just don't know how smart that man was! Search his old posts(many which have been disolved), if you care to see some amazing calls.
Just my thoughts
MikeIgnored