I watch around 75+ on daily/weekly timeframe for FX. Then more stocks on weekly(russell 3000)
Best
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Everyone.
I am here first time and I found here a lot of knowledge.
But I have question about daily time frames. When I entery in trade should I wait for close daily candle or entry earlier, for example on H4 ?
Thanks for replyIgnored
DislikedHey SS
I watch around 75+ on daily/weekly timeframe for FX. Then more stocks on weekly(russell 3000)
Best
MikeIgnored
Dislikedand how many good PA u find, and trade in one month, if it's not a secret??
chart:
http://i47.tinypic.com/28gryc9.jpg
do You like setup Like this??Ignored
DislikedHey SS
I watch around 75+ on daily/weekly timeframe for FX. Then more stocks on weekly(russell 3000)
Best
MikeIgnored
DislikedWow not bad, can you give a short comment on how you proceed? Do you scan them all for PA signals first and look for confirmation by sr, fibo etc. in a second step?Ignored
DislikedHello Mike and Everyone
I was wondering Regarding EURUSD as we see Double Long Tale Bars after Bullish Outside with kind of long Tale , doesn't this means we have strong Buyers Here and we can take advantage of this when price penetrate the previous Low 1.2287 ?
I just like to Think Loud with You, how can you see this ?Ignored
DislikedHey Bullz ,
did you noticed that both your cad trades are pretty much the same setup ?
Recently i am researching James's videos and what he stresses there every time is that due to small accounts, traders tend to expect too much from their setups. I say that because your final targets are logical, but far from your pretty possible areas that could turn the trade against you. Just a hintIgnored
DislikedHey SS
Since I have been doing this awhile it doesn't take me long to see things. Not just a bar, but all the other concepts we use.
I open my market watch window and simply left click and drag them over one at a time. Generally it takes me very very little time to go through all my pairs. Sometimes I am looking for bars that jump out, sometimes patterns, confluences etc. Again when starting out it's going to take a lot longer but it becomes a lot easier over time. I also keep pairs on watch lists when something catches my eye and have specific...Ignored
DislikedLearned this one from Mike. It's my favorite scenario for making money. Ultra easy, ultra reliable, ultra profitable.
Just an example :
AttachmentIgnored
DislikedLearned this one from Mike. It's my favorite scenario for making money. Ultra easy, ultra reliable, ultra profitable.
Just an example :
AttachmentIgnored
DislikedNice example Rust, cheers.
Incredibly after finding a level of consistency through the J16 thread I veered away somewhat over the last 12 months, and, for the sake of my sanity, I have returned after attempting all sorts of other methods, time frames and indicators. I suppose it's something that we all have to go through at some point.
Anyway I just wanted to say that I'm back to the only method that I've found that makes sense, and hopefully James, Mike and the other seniors are still around to offer their superb advice!Ignored
DislikedNice example Rust, cheers.
Incredibly after finding a level of consistency through the J16 thread I veered away somewhat over the last 12 months, and, for the sake of my sanity, I have returned after attempting all sorts of other methods, time frames and indicators. I suppose it's something that we all have to go through at some point.
Anyway I just wanted to say that I'm back to the only method that I've found that makes sense, and hopefully James, Mike and the other seniors are still around to offer their superb advice!Ignored