DislikedHey Mike
Wouldn't it also have to have the low inside the previous bar.
I think you just forgot to mention that.
Hope this pic helps clarify things for anyone else that is not sure.Ignored
Best
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey Mike
Wouldn't it also have to have the low inside the previous bar.
I think you just forgot to mention that.
Hope this pic helps clarify things for anyone else that is not sure.Ignored
DislikedSorry for asking a newbie question , if i use a 10pips 'buffer' in FX pairs , how many pips 'buffer' do i use in stocks,gold etc.?Ignored
DislikedHi there! Indeed a nice simple trade. But I was too chicken and took my profits right before the 1800 (at 1793).
May I ask. If your current SL will be hit how much you would have made in R of your initial risk? Is just I am very suspicious about splitting the trade into several exits... so could you share please?
Thank you!Ignored
DislikedI like probably a great deal of other people have, not disregarded but perhaps put the psychological side of things on a back burner.
As, the psychology side of things is interesting me more and more, I am simply trying to understand the order flow and thus the psychology behind it.
It may lead me to nowhere special or any other place than I am already in, however, I am more than willing to explore the avenue.
Yeah, I also tried the same faded lines a long time ago, the problem was, my mind and eyes were always drawn to the lines and not the S&R...Ignored
DislikedDo not want to deter you but what would keep me out of this trade is.
Pin bar not at swing high or low.
Trading into parity level.
We are kind of sideways here
Sure that consolidation can pop and it could be a great trade, but is this A+ according to James 16 standards. Not in my opinion.
As I said follow your own rules, just making you aware of how some others may see it.Ignored
DislikedH4 doesn't make sense on both s&p and dow because it is not a 24 hour market.Ignored
Dislikedcoming closer day by day ...
SL 65 AMG Affalterbach... nugh said
http://www.youtube.com/watch?v=_NiTKPLBepwIgnored
DislikedHmmmm..... Now that comment caught me off guard and made me stop to think for a moment. I sat there in a very pensive way for abotu 60 seconds thinking about it. Guess that I have been trading forex exclusively for too long.
RyanIgnored
Dislikedanybody out there not trading this D1-pinbar? if so, please identify yourself to the crew :-)Ignored
Dislikedgbp/sgd with a prinbar on friday. not a strong close. let's see if the high break on monday.Ignored
DislikedHmm, this has got me thinking about 2 day PBs.
can we combine these bars to make a 2 day PB?Ignored