I like this "8hr pin" and bullish divergence. Long at the break and partial profit at 150.00.
K.I.S.S.
K.I.S.S.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI like this "8hr pin" and bullish divergence. Long at the break and partial profit at 150.00.Ignored
Dislikedi think i have rarely traded this pair. so i may be of with my comments...
anyway, looking at that chart, i think this DBHLC is tradeable, but immediate traffic area see to be 0.7400 area.
alternatively, a breakout trade above 0.75 (is this the top price?) is possible too --a two bar/two matching highs trade.
are u on demo/live? regardless, if u are unsure of what to do, better let it pass.Ignored
DislikedHi SC, thanks. Yes I am still on demo. Still struggling in applying this PA stuffs. Everytime I thought I got it right, the market just smack me down. Sigh.. Well guess just need to keep learning.
Back to topic. If you don't mind, another question about DBHLC, DBLHC, BUOVB and BEOVB. Do we need to wait for the break of the last bar to consider it as a valid setup? (the blue line on the chart)Ignored
Disliked.. Well guess just need to keep learning.
...another question about DBHLC, DBLHC, BUOVB and BEOVB. Do we need to wait for the break of the last bar to consider it as a valid setup? (the blue line on the chart)Ignored
DislikedI like this "8hr pin" and bullish divergence. Long at the break and partial profit at 150.00.
K.I.S.S.Ignored
DislikedHi SC, thanks. Yes I am still on demo. Still struggling in applying this PA stuffs. Everytime I thought I got it right, the market just smack me down. Sigh.. Well guess just need to keep learning.
Back to topic. If you don't mind, another question about DBHLC, DBLHC, BUOVB and BEOVB. Do we need to wait for the break of the last bar to consider it as a valid setup? (the blue line on the chart)Ignored
DislikedIs anyone watching this? It looks like a pretty clear breakout pattern. Location looks good, ppz at round number 70.00, 150ema and a bunch of fibs also line up with 70.00 to the long side. The weekly trend is up.
Here are the 2 scenarios which I'm looking at. I'm liking the heavy confluence at 70 and I'd like to see a breakout to the upside and a pullback to 70.
What do you guys think?Ignored
DislikedI could use a little help if you guys can... I am holding a short position on the CAD/CHF from 9868 and have held onto it for a few days now (way longer than I normally do!) I am working on a less itchy trigger finger and not moving stops all the time!
What sort of exit strategy would you guys work on? I have drawn a target on the chart of 9753. I am thinking about the 2bar stop or trailing the fib or moving stop to swing highs but I can't decide which way to go.... or which timeframe to focus on
thanksIgnored
DislikedAnyone who plays breakouts or anything similar to what I posted above I'd like to hear any comments...Ignored
QuoteDislikedIt formed a pinnish looking inside bar on the daily off 70 and this confirmed the breakout long for me. (Note - This bar is not a pin and not at a swing low where we want them--don't get confused and think this bar is good enough to trade by itself because it isn't)
DislikedHeya Guys,
Got a quick question / Interesting point to share.
(ok, if someone else has done this, sorry. 3000+ pages on the thread. I confess I aint read through everything yet. )
There was a PB in Geppy 1 hour.
On the 1hour itself its definitely too damn tiny to take, although it was off 147.00 (kinda, 147.11) and also in an uptrend.
BUT, as I was looking back in 20/20 and checked out the Daily, there was...Ignored
DislikedAnyone who plays breakouts or anything similar to what I posted above I'd like to hear any comments (good or bad lol). Also, if anyone has any questions about that setup let me know.
ScottIgnored
Dislikednice trade, Scott. patience pays, huh.
did this pinnish IB closed near the open? nice brkout & pullback.
the false brkout to the downside stopped at a previous (hgiher swing) low @ 66.00. t0 me, 66.00 would be the low of the 'smaller' range while 64.30-ish is the low of the 'bigger' range. (the top of 'both' range/s would be 74.00, imo)
Looking at the weekly, 74.00 seems to be the lower part of another range. noticed too how 'smooth sailing' price went from 72 ('top of the range') to 74 (bottom of the upper range')
Ignored