my view on eur/aud daily:
nice buob. but trading right into a ppz with fib, rn and s/r.
would take a long at 1.3315.
nice buob. but trading right into a ppz with fib, rn and s/r.
would take a long at 1.3315.
meine augen sind die sterne
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedadi did you hold this one for the break. Too many weeks went by for me, did it's thing though. Pretty simple classic j16 hereIgnored
DislikedI would be careful with that thinking. Do not blindly look for a price free fall. We have some very stong PPZs even before .98. See my post above for an explain of my thoughts. Just tossing out my free thoughsIgnored
DislikedHey Mike,
I've cut it at be seeing this daily consolidation and when price triggered those stops below the support i was sure it was the best decision . Although i am seriously jealous now.... 10.070 looks neat
Can i ask how big was your stop on this one?Ignored
DislikedJust a quick one, there seems to be daily PBs forming on the Yen pairs at swing lows...Ignored
Disliked
eurjpy looks like the strongest pair for me. Watch out for the weekly lowest close of support if you're thinking of entering.
TIgnored
Dislikedi will b watching this NJ PB...
i do like its shape n 63.5 support..but not convinced somewhere in the back of mind.
it shall hit 365ema(in blue),n may hit 64.5Ignored
Dislikedeurjpy looks like the strongest pair for me. Watch out for the weekly lowest close of support if you're thinking of entering.
TIgnored
DislikedRegarding AUD/NZD
http://www.forexfactory.com/showthre...69#post4944169
Please understand the significance of poles, flags, compression, and spikes,
Without this knowledge, you'll be handing back so much of your profits to the market
Happy trading to all
IfIgnored
DislikedGot burnt on this one, as was too focused on the inverted H & S pattern and the rejection of 1.27.
Cheers
noviceIgnored