AUDJPY chart
We have 2-day pinbar
Fibo 61.8
HCR
BRN 83
I think AUDJPY will down
We have 2-day pinbar
Fibo 61.8
HCR
BRN 83
I think AUDJPY will down
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHello,
I have a question, this is usd/sgd daily chart, trend is down, we are on LCS level, but after broke this level was retest and then sell, do we sell this time also ??Ignored
DislikedHello,
Buy aud/usd. There was HCR, then PBT&CA, last friday there was come back to this level, and now on open of market I take long at this pair. SL below PBT&CA candle, set BE at previous LCS level, no target at this moment.Ignored
DislikedSo just in case im right or not: you mean, for exampe your risk would be 1% with J16 pa method and would be 0.25% with Jarroo method? And it doesnt matter counter trend or major trend.
Jarroo method = touch trades?
Thanks for help!Ignored
DislikedMike(mbqb11) Bar: is a bar that is large in size that is in a direct relationship to a Price Pattern Breakout, Consolidation Breakout or Price Action Formation that could lead to a structural and/or dynamical shift in the market.
JimIgnored
DislikedWhat's up Mike and SC?!
I've been around , I lurk once in a while even though I don't post.
It's been a busy year and summer has been too fun, despite tearing my ACL in June(playing hoops). Having surgery in September. SUCKS!
Overall trading has been good to me this year as well. :-)
All good on your guys' end?Ignored
DislikedHere is my concern. AUDUSD is reaching the point where the price can go either way. So, I would very much hesitate to take a position in AUDCHF, too.
Hope it helpsIgnored
DislikedWhat I was basically interested in knowing was if you were looking at the possibility of a bigger move or a just short term trade.
Either ways, the bar you are looking at is pretty small compared to the recent action that brought us down. Furthermore as Mike suggests you must never ignore the bigger picture often pretty obvious on a higher time frame. For instance if you look at the 4H you'll clearly notice how we have trickled down below an important price pivot zone which could easily now hold as resistance without having to surprise you.
You're...Ignored
DislikedWhere is the guest section of this video? And who is this Janes?Ignored
DislikedWhat I was basically interested in knowing was if you were looking at the possibility of a bigger move or a just short term trade.Ignored
DislikedThis looks interesting
Nice area on the weekly with all those closes on the left, below parity.Ignored
DislikedRosa,
I actually see this going the other way. On my feed, price has btcb the hcr and the tl. There is also divergence indicating upwards move is over. Just my thoughts- I am a beginner at jarroo/ chanya method and your reults for last week were pretty impressive but the other confluences point the other way.
MIgnored
DislikedI dont think it will go further up. Got a pending short on this one.Ignored