DislikedIf your feed shows nothng then nothing is there. I will look at 2 to 3 feeds.
?? Yeah it broke the 7000 nicely.Ignored
J
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedIf your feed shows nothng then nothing is there. I will look at 2 to 3 feeds.
?? Yeah it broke the 7000 nicely.Ignored
DislikedHas anyone really been trying to trade eur/usd, usd/chf the last 3-4 weeks??? this is worse than a sideways market IMO. I won't touch it until it breaks out siginificantly one way or the other. i guess if you play 1hr, you might be able to have made some trades, but as far as daily is concerned, just not for me. yuck.Ignored
DislikedHey,
Got a pending on that one, spread is high but we got like 60-70 pips to first trouble area.Ignored
DislikedI like to look at Price chopped up differently. Combining Bars, different time frames and different broker feeds alllow me to do that.
But one thing remains pretty much constant: S/R levels, PPZ level and of course, the Round Numbers. So the location, which is crirical when looking for a PA setup, stays the same.
(IBFX and FxPro 4 hour time frames)Ignored
DislikedHas anyone really been trying to trade eur/usd, usd/chf the last 3-4 weeks??? this is worse than a sideways market IMO. I won't touch it until it breaks out siginificantly one way or the other. i guess if you play 1hr, you might be able to have made some trades, but as far as daily is concerned, just not for me. yuck.Ignored
DislikedGreat example(s) about what James talks about trading in a sideways market.
I think alot people get in trouble when they overestimate the obvious targets, previous Highs/Lows and in this case a RN, 1.0700.
And a nice hard break sure makes a great confirmation.Ignored
Dislikedtarget, previous high/lows RN, ppz are the factors that form PAs itself, so to understand them is far more important IMO, to concentrate on PAs only is like to watch stereo movie without glasses lol. Or did they invent something new, don't want to look like old timerIgnored
Dislikedgood m/a/e all
i was trading eurusd fundamentals earlier in the year ...
for all the problems in the US, the eurzone is a lot worse off. Greece has major problems with portugal/spain/italy being closely watched by everyone...Ignored
Dislikedthey have sadly (& aptly?) called these 4 collectively as 'PIGS'.Ignored
Dislikedhere's a quick one I took, only my 3rd trade this month. Alpari feed looks much sweeter
MikeIgnored
DislikedI am very hesitant here.... maybe I'm overconfident to even consider it because of the last U/J trade I took....Ignored
DislikedHey Dan I'm waiting for 1.34 to break. I took the upper flag.
It's not an exact science but who cares if we trade carefully? I'm looking to trade when the lowest low of the flag breaks (1.34). The target would be the length of the flagpole.
AttachmentIgnored
Dislikedhere's a quick one I took, only my 3rd trade this month. Alpari feed looks much sweeter
MikeIgnored
DislikedHey Smikester...Which is why I would appreciate any comments on the weekly chart I posted last night.
Thanks.
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DislikedWell this is probably one of the hardest, and most destructive things in trading world. Much more than knowing PA, PPZ, pin bars etc..at least for me.
This week, especially yesterday was one of my best days in history, trading related. Wasn't at home all day, busy with life....opened my charts a bit before bed time to see all daily bars closing. It took me less than a few seconds to make a decision - putted on my trades, full TP at first trouble area, and went to bed. Slept like a baby. No time to check charts in the morning, who cares. Now I'm...Ignored