Hello Mike and other seniors, kindly comment on this chat.
Thanks
Yomi
Thanks
Yomi
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedSalam Chanya
What do you think about this case?
PBT & close above the zone but failure ..
Merci
casapipsIgnored
DislikedChanya, some of the stuff you posted threw me off a little bit, so I'd just like to check some stuff. The picture pretty much says it all, but there is also a PBT&CA right next to what you posted as a PBT&CB, just wondering if there was any reason not to take the CA trade that happened right before?Ignored
DislikedThe good news about when these setups don't work out as expected, is that there is a very good chance they will work in the other direction . . at the same level.
Here's some charts and how I marked out the levels.
Stop loss above or below the bar that PBT&CAorB is a S/L placement I like very much . .but there can be other stop loss placement levels.Ignored
DislikedHey all,
First post in this thread. Thank you everyone for the helpful posts here - Huge huge thanks to Chanya for producing the Price Breaks Through pdf. I have been following the thread for a while but have never tried to apply the method to my own existing trading strategies. This pdf has given me the basic understanding (I hope), and now I will try some of these out on demo.
Could someone take a look at this potential trade setup on NZDUSD and tell me if I've got the right idea here. Any feedback would be very much appreciated.
Thanks...Ignored
DislikedIt is great to see you here Jim ..... Can't tell you how much you have been missed ,
Here are my few trades from last few days ... I do not share everything I do here because new comers take it as a signal of some sort which is not a good thing to do unless they learn first ...Ignored
DislikedWhat can I say Chanya . . those are some great charts.
I like the levels that you are thinking to add to your position. I think the better approach is to bank the 1st position and enter the "added position" as an individual trade. So if it doesn't, go your way, you have that cash in the bank.
Got to love those multi time frame levels. . .meaning when there is a Weekly and Daily LCS level at the same level on both time frames.
Fanastic job Chanya . .
JimIgnored
DislikedWhat can I say Chanya . . those are some great charts.
I like the levels that you are thinking to add to your position. I think the better approach is to bank the 1st position and enter the "added position" as an individual trade. So if it doesn't go your way, you have that cash in the bank.
Got to love those multi time frame levels. . .meaning when there is a Weekly and Daily LCS level at the same level on both time frames.
Fanastic job Chanya . .
JimIgnored
DislikedThank you for the advice brother but I have never ( Or very Rarely ) seen a trade not hitting atleast the first level so I move to BE and then , Adding to the position sound and proves more profitable to me then closing the previous position and opening a new one .... Recent AUD CHF uptrend is a awesome example of that for me ... I continued adding positions and the trend turned out to be a gold mine for me ... Here at FF I shared everytime when I added to the position ... Chart below ...Ignored
DislikedAgreed Chanya . .Its not a bad way to go when the pair is trending strong. But money in the bank is hard to lose. ( I opened myself up to that comment . . lol).
These levels really start hitting when the pair start trending. NzdChf example.Ignored
DislikedHave you ever tried trading the metals ( Gold and Silver ) ??? Those are the only things I can not seems to be able make them work ...Ignored
DislikedCheck out how this Weekly and Daily LCS level (same level) on the UsdJpy is making Price dance on the Daily and lower time frames.
It is still my contention that the Highs and Lows of Price are born from the Close of Price. .specifically the HCR and LCS levels.
I'll let you decide if there were low risk opportunities to long this pair at these levels.Ignored
DislikedOfcourse I know what long Means ... I meant based on what ? There is no PBT ...Ignored
DislikedIt has been a long time since I posted here.
Not for lack of wanting but for lack of internet.& time ... yes I know all who know me will understand.
But I still come here ( as I'm sure mikey knows) as often as I can. But thats not the point right now..
I'm writing to let all the new people, know that it is possible to change your life with hard work & beleife in one self.
Yes I have my own way of trading...not jaroo,or mike or Jim or Gos or Rac or I could go on.... But I do make good money consistantly... ie EVRY WEEK.
The point is, I...Ignored
DislikedHello Mike and other seniors, kindly comment on this chat.
Thanks
YomiIgnored