Yen crosses look cool for next week.
Sure rac and triger are up to something
Sure rac and triger are up to something
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedMonday will be back to business and traders will resume what they look for(whatever that may be) just as they did before turkey day.Ignored
DislikedCan you folks tell me if i am looking at this chart right. I am on the daily chart on the cable. It has a nice long pin bar forming. It has retraced to the 50% fib, and the 1.6300 round number. This appears to ba a fairly solid support. This also looks like a swing low. It would look to me to be an A+ trade as i understand you folks.Ignored
DislikedCan you folks tell me if i am looking at this chart right. I am on the daily chart on the cable. It has a nice long pin bar forming. It has retraced to the 50% fib, and the 1.6300 round number. This appears to ba a fairly solid support. This also looks like a swing low. It would look to me to be an A+ trade as i understand you folks.Ignored
DislikedHey Richard
Yeah just be careful since this isn't really a great swing low. It is more minor swing low. Also what is worrying me about a lot of these bars that they might just barely close within the prior bar at the very low of it. That is always a caution sign for me to at least if I do play one to play it tight.
I just marked up a chart to show visually the difference of the swing points.
Best
MikeIgnored
Dislikedbtw: this guy on a bike was once also under a 9 month mentorship....
no more chinese food for meIgnored
DislikedThere's more to this longer time frames gig than meets the eye.
The great aspect about trading those longer time frames is instilling that ability to wait for the best trades and, once in one, to wait out a trades various "noise" phases . If you can do that (i.e not checking back every hour on a daily or weekly trade), you've developed a great skill that will work with ALL time frames later on. If you need to watch certain levels in between, then set alerts.
That ability to wait for the correct opportunities is a good one to have.Ignored
Dislikedi am really not to convinced on all these yen pinish looking bars.
If you played any trades from support touches think you would be in the box seat now for sure
i guess thats why we dont enter on the close to save our baconIgnored
Dislikedno truer words av been spoken!!! wish i could transfer this ability to my real account!!!Ignored
Disliked12. HOW MANY EDUCATIONAL SITES HAVE HELPED 1000 TIMES MORE PEOPLE FOR FREE THAN PAID MEMBERS?Ignored
DislikedIm proud to be one of such person who has benefited from Jim's amazing priceless works.I know one thing for sure, God in heaven has prepared alot of award to you and others who made this thread PRICELESS.Thank you jim!Ignored
DislikedHi All
I know I probably will be flamed or even cost me this account (but what the heck) for saying this.
Does giving live trading signals equate with catching a fish for you?
Does giving live trading signals meant that people in this forum will never know how to trade?
All those rants about live signals = spoonfeeding has never been proven justified or true.
Here something about myself and my work. I am a full time FX trader myself working in a investment bank and have never been exposed to FX previously. Through connections and good acadamic...Ignored
DislikedThere are many "before the fact" setups on this thread all the time. You are either not paying attention or you haven't taken the time to read the thead.
http://www.forexfactory.com/showpost...ostcount=48258
http://www.forexfactory.com/showpost...ostcount=25758
We look for PA setups at great locations taught and discussed by James16, Mike and many others. When a setup is presented, many different approaches (since we have many different personalities) can be applied in many different...Ignored