DislikedHi:
After studying all videos, pdfs, and the main links for suggested viewing in this thread, I started my first week of trading with Price Action set ups in stocks and ETFs on 15 minute charts....Ignored
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi:
After studying all videos, pdfs, and the main links for suggested viewing in this thread, I started my first week of trading with Price Action set ups in stocks and ETFs on 15 minute charts....Ignored
DislikedHi Cory:
Thanks for sharing your chart. I am very new here so I have a question more than a comment. I am having difficulty seeing the entry. The last bar on your chart does not look like an A++ pin bar so I am wondering whether you are taking a more questionable pin bar set up here or whether I am just failing to see it as A++ because I am new.Ignored
Disliked1% a week, 4% avg a month is fantastic my friend. Just stay disciplined and patient and not much can stop you
MikeIgnored
Disliked1% a week, 4% avg a month is fantastic my friend. Just stay disciplined and patient and not much can stop you
MikeIgnored
Dislikedanybody have the chance to catch these 4hr bars today? I was out today. I can say for a fact, that GBPJPY would have been at the very least a 1% risk on the real account
#1) GBPJPY, very beautiful BEOB, with a close lower than the low of the previous bar, bouncing off the 146.00 PPZ zone... First target hit fast.
#2) CHFJPY, decent pinbar off PPZ. First target hit fast.Ignored
DislikedYou're exactly right it wasn't an A++ bar, I was playing it as a retest of the trendline, and because it wasn't a perfect setup I played it and took profit on part of my position at 147.00. I was stopped out on the remainder at break even. I really liked the confluence of the 61.8, PPZ, and trendline, so it fit my trading plan and I played it carefully. However, many traders wouldn't play this bar, and would wait for even better setups.
This is definitely the best thing to do until your comfortable with trading these setups. Knowing the areas...Ignored
DislikedYes sir, the gbp/jpy setup was gorgeous considering the daily and weekly outlook. The range trades before that were peachy too.Ignored
DislikedHey Mike, I was looking at this, and I was curious if you ever play something like this.
Yes I know it's not at a swing high, and there's a TON of traffic right below it (actually, the bar closes right on a very strong PPZ), but lets pretend this bar formed straddling the .9500, with little to no traffic below, would you ever see that as the "straw that broke the camals back" and consider it a precursor to a...Ignored
Disliked1% a week, 4% avg a month is fantastic my friend. Just stay disciplined and patient and not much can stop you
MikeIgnored
DislikedKnowing where to move your stops.
I am happy to say I'm still in this trade. I still have confidence in it. the maroon box is more or less "pointing" at why I had my stop moved to where it is now.Ignored
Disliked4%/month = 48%/year.... I don't think people realize how HUGE this is....Ignored
DislikedKnowing where to move your stops.
I am happy to say I'm still in this trade. I still have confidence in it. ....Ignored
DislikedInteresting...
'We' moved Swissy 130ps today. Lets see what we can do to it next Tuesday...Ignored
DislikedHuge? That's not even big man...I mean come on, if you're not making at least 500%, you can't consider yourself a trader...Ignored