i like to see a nice bar pattern here at 80.000.
good area to check for price action setups (H4 and above).
good area to check for price action setups (H4 and above).
meine augen sind die sterne
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedPut a conservative tp on this while away on holiday.
Was good for 25:1, so that's the account up by just over 50% on this tradeIgnored
DislikedHey Mike whats up? Just dropping by to say hi... its been sometime since I last dropped in here. Looks like your EU trade was stopped out prematurely huh? Is the bias been changed to Long?Ignored
DislikedJust a question for all the folks who were short on EUR/USD. I did not take a position.
I would just like to know the rationale behind the short entries. Its understood that there has been massive confluence around the 1.3 area i.e. as mike mentioned H&S neck like break, strong downtrend since last year etc. but there was no relevant PA to support the fact that price would be going down. Today even the H1 LCS was a good 10 pips above 1.3. I was expecting that everyone here would be waiting for strong PA to close below 1.3 on either H1 or H4...Ignored
Disliked1. PB off weekly PPZ
2. PB off TL
3. good PB shape
4. Almost 1:1 till potential trouble
5. 38.2 Fib levelIgnored
Dislikedbearish close. not very strong. almost same size as previous bar. a clear stay away for me.Ignored
Dislikedbearish close. not very strong. almost same size as previous bar. a clear stay away for me.Ignored
DislikedHey shephrd . .Great charts . . . .and thanks for the kinds words in the comment section of my profile . .I enjoy helping people, just like those that have helped me. . .(i.e. James16, Mike, etc.)
Now to the charts . .
Here is my UshChf chart . . my levels may vary from yours . .I use FxPro for my charting . .they're not that much different from yours.
I like that .9200 level too. Since Price can't close above the .9200 on Friday, its still Resistance and may head down on Monday.
Very similar to what happen on the AudUsd on Friday....Ignored
DislikedMy levels were different than yours on the AudCad.
I like the 1.5825-1.5813 as Support levels on the GbpUsd.
Trading within Consolidation can get choppy . ..Ignored
DislikedOk good question. For me on EURAUD i took the outside bar which closed below 1.26. It broke and retraced then blew right out the top.
EU i took a H1 bearish pin which was crappy but i was looking at it as a little retrace, at worst a bit of chop before going down. Small losses today and a few big-ish wins to offset it thankfully.
I have a shit record with the Euro at the moment.Ignored
DislikedJust looked at the various DT threads and some retail orderbooks. Seems like majority of retail players think EU must go down.
Anybody buying that EJ PB?Ignored
DislikedJust looked at the various DT threads and some retail orderbooks. Seems like majority of retail players think EU must go down.
Anybody buying that EJ PB?Ignored
DislikedLooks good GH, but its got some work to do at the 106. LCS level or targeted level.
Off the LCS level 105.50. 105.50 entry. .a Hourly or 4 Hour close below this entry level would take me out . .Ignored
DislikedThe UsdChf was a tricky one . .Price opened above the level . .that kept be out . .If it opened below the level and Price retraced to it, I would have been in it . .
. .trading in the middle of the market is always a bit tricky . .Ignored
DislikedNo surprise at the 1.5825 LCS level . .Bullish PA there would have been a nice confirmation . .Ignored
Dislikedthe EMA nearby worries me..
CHFJPY has the same formation that seems easier to take. limit order at the top of the pinbar and the EMAs.
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However, the weekly has a bearish sign. I wonder if i should take that into account..Ignored