Dislikedyes, maybe. but if you find someone who is willing to pay even more...
who cares?Ignored
Well, if they are willing to pay more often than not, then yes I don't care
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedyes, maybe. but if you find someone who is willing to pay even more...
who cares?Ignored
DislikedYes, Looks nice, a MACD div and BUOB engulf 4 bars, but it did not close above the PPZ of 1.24 and going to the 1.25 BRN.
How strong this BUOB could be? any seniors could share idea? thanks.
CavIgnored
DislikedNo senior here..but im with u..resistance 1.24..it will be meeting 1.24 for the first time..
'only' BUOB looks good..but i think playing it against 1.24 can be real tough and aggressive given it is already at all time swing low..u still have 78 pip gap to reach 1.24..but its js not convincing for me..maybe good for people/scalpers who hold positions for short-term..
Depends how scalping is important n how Dollar value is strong against 'x' currency
in my case 1$=45 Rupee..so if i earn 50-70$(1pip=1$) on this one
i will still earn acceptable...Ignored
Dislikedi agree with you on this set up. i am expecting more side ways action than a good run north??? but who knows
You may earn lots of rupees mate but what would you be risking!!?? i dont think its a good idea to think in terms of money, as hard as it is.imho it all about R:R...
jonIgnored
DislikedNo senior here..but im with u..resistance 1.24..it will be meeting 1.24 for the first time..
'only' BUOB looks good..but i think playing it against 1.24 can be real tough and aggressive given it is already at all time swing low..u still have 88 pip gap to reach 1.24..but its js not convincing for me..maybe good for people/scalpers who hold positions for short-term..
Depends how scalping is important n how Dollar value is strong against 'x' currency
in my case 1$=45 Rupee..so if i earn 50-70$(1pip=1$) on this one
i will still earn acceptable money...Ignored
DislikedI got me a new hobby.
Going through the charts, trying to spot an A+ setup, then just saving it on my PC..
Like this one. True beauty, no?
Missed it unfortunately, was asleep.. but they happen often anyway...Ignored
Dislikedthe good ones they jump out
it's what you do between the good ones that usually will determine ones success or failure
Have a fun safe weekend all
MikeIgnored
Dislikedsomething ill be watching next week....
eu/us lookin to see if we get a breakout of the pattern and i will be looking for a retest with some PA...
Same with eu/nzIgnored
DislikedFiji. The FF Gap.
Fijitrader of the PF has been on my mind a lot lately and I just realized that he (or someone very much like him) is a major Gap here at FF.
Mike said:
"it's what you do between the good ones that usually will determine ones success or failure"
Adilius07 replied:
"Hi Mike, yes. So maybe the answer to my struggle is just NOT taking the crappy trades in between those A+ setups..."
I would like to add that either a very good memory or a journal {doesn't have to be web based} is the answer.
You see, you will be very ineffecient...Ignored
DislikedHi Bemac, thank you very much for this post!
Yes, to be honest I do have this " I just wanted to trade". Well last month I realized that I had one full bar loss just because I "invented" a setup while I was going through my charts looking for PBs and BUOBs... really just invented something similar to BUOB but not technically one... eye balled a few other pairs and those really sticked out for me so I jumped in and had a full bar loss on the next bar. Then I though, s**t what did I just do?
And at the same time, I really do understand what...Ignored