Hi Mike, yes that was my question, I was just clarifying if the different shape of BEOB's had significance as well as the overall story. But as you pointed out is the complete story that counts and the PA bar is the trigger
Thanks Bill
Thanks Bill
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedMike, may I ask last question please. Suppose this was a good time would you take that trade? I love the bar but FTA is right above, or not? It really broke nicely and went far beyond..Ignored
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shorted cnu at 5.39 usd. took 1/3 off with a profit about 4% (!) at 5.19 usd.
never been a single cent in drawdown. this is crazy...Ignored
Dislikedi take one more 1/3 off here. 4.81 usd. this one here is +12% since monday.
this is just crazy.
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DislikedOh wow! Yes! The same pair but comepletely different story! How cool really.
So we really want more of a story than just nice looking bar at RN.
So it really makes sense and it is really important to notice this things (like you saw the flag breakout of which I had no idea).
I think I saw some very nice looking pic of those formations ( a lot of commom onces) here somewhere, I will search for them and study. Just amazing how you see what I missed comepletely (well sometimes I see those channels too, lol, just much less often)Ignored
DislikedHi Mike, what feed are you using for that GBPCHF chart, none of mine have a 4hr BEOB like yours. Which other charts do you use ?
thanks BillIgnored
Dislikedhyello everyone...
if this bar close as is now....what do you think guys?Ignored
Dislikedoww with a weekly pinbar. broke through resistance and closed above.Ignored
Dislikedelnk on daily and weekly.
interesting situation. price respected the support at 7.85 usd. demand coming in on the daily. bar is closing away from the low. a nice opportunity to go long with stop below 7.85 usd.Ignored
Dislikednice buob on weekly acat.
arctic cat ... cool name... .... this has to be a runner...Ignored