no no i agree with u hwd . thanks for the feedback thats what i wanted
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedAs far as intra day trading, is XAUUSD the easiest to work with daily pivots?
I might start a micro account and try to put some intraday trading on gold to work.... In demo it is the most successful thing I have traded thus far.... (pretty easy to trade it only taking long positions).
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DislikedHi Guys I am new to this forum and am very interested in what is being said in here and any advice you guys can give.
I have been looking at the weekly chart on the Aud/Usd.
There is now a bearish candle ( i know it hasnt closed yet but I am just after opinions as I am off to bed in a mo )
It has rejected off of the 9400 level. There is divergence with the rsi indicator. If the next candle were to break the low it will break a trend line that has held since march.
The first area of support/traffic is close at 9000 but if it were to go through...Ignored
DislikedHi,
I am looking to take a long position on the audusd for the following reasons.
1) it has been on a solid uptrend
2)daily pinbar which was rejected off the 0.9100 price lvl
3)0.9100 price lvl coincide with 61.8 and 38.2 fib lvl from last 2 uptrendsIgnored
DislikedI believe you wanted to say BEOB.
We have the opposite in the EURAUD. Bearish pin on the daily and BUOB on the weekly.Ignored
DislikedYes you're right: I was watching the EURAUD chart, as thats the trade I entered. Both AUD pairs are essentially showing the same things.Ignored
DislikedI just had to post this because (a) I was proud of it and (b) I wanted to say thank you to all the people from James16 onwards who have resolutely made this thread educational, enlightening and friendly.
I wanted to trade this pin:
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And I wanted a signal on a lower time frame. I wasn't specifically waiting for a signal on the M15 but this is what I got:
Attachment
A BEOB on the 15 minute chart at a swing high off previous resistance (marked grey area) which allowed me to enter with a SL of 20 pips. Most...Ignored
Dislikedhi guys.. im not in this but I do think it is likely to reach the first trouble area.
pros - with trend, through trendline, 6300 is minor ppz
cons- smallish pin. If it was bigger I would probably take the trade
pair has been ranging between 6500 and 6000 since octoberIgnored
DislikedHoly crap..... This is the time when leverage is such a key to success if you use it right.... amazing trade. I hope someday I will be able to catch one of these, even if only ONE TIME! That's all you need.Ignored
DislikedJust wanted to let you know before you jump into that trade...
Attachment
* Notice that you don't have your trend line drawn properly...Ignored
DislikedHey guys, I have seen that since the close on Friday there has been 2 pretty decent setups on the daily weekly.
But upon further inspection they are conflicting.
I am just curious as to what one is to do when this happens.
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DislikedOn the AUD/USD daily I think we have a pretty good pin bar. Once it breaks, we could go long and worth a few pips.
Once I look at the AUD/USD Weekly I am seeing a BEOB, which tells us to go short at a swing high, which is kind of looks like.
Which one tells the truth to us? And where do I look for the truth?Ignored