Dislikedverizon is now approaching the resistance-zone at exactly 46.42 usd.
check the volume now in the last 20 min of trading today.Ignored
meine augen sind die sterne
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedverizon is now approaching the resistance-zone at exactly 46.42 usd.
check the volume now in the last 20 min of trading today.Ignored
DislikedLooks like this could be headed to parity?
How could we trade this? Do we wait for a pull back to 1.0078 ish and then some PA?Ignored
Dislikedwelcome DB
One of the beauties of simplicity as that stuff really doesn't need to play a role. You will see how simple james charts are and how if we are picky all else doesn't matter. News is something that if you want to use is fine(as is anything you feel helps). But for most people(myself included) trying to make sense of news just adds another unnecessary element and more chances to mess up(more to analyze). You will see this stuff work time and time again and news is just a part of the overall thing.
Again welcome enjoy
MikeIgnored
DislikedNice! It becomes so easy when you only focus on obvious areas like that and forget the rest.Ignored
DislikedHey Krumpip(nice name lol)
I don't think so. One might think because the euro is more heavily traded that it should follow technicals better. But to me if the pair is not insane and looks tradeable it follows technicals well also. Some of the crazier exotics might over shoot things a bit more and you gotta give a bit more space, but my approach is the same for the most part. Same could be said for most pairs. They are similar but little things you might do different. The large benefit of what we do here(in my eyes) is that this is applicable...Ignored
DislikedMike this BEOB trade you took kind of opens a can of worms for me.
In the sense that, with 10-15 pip buffer on the daily tf, it was obviously trading right into the PPZ and the FTB to the 365 EMA, the FTA must have been very close if you had a 10-15 pip buffer on it.
You didn't mind trading into the 365 on the FTB and having such a close FTA?Ignored
Dislikedlong time lurker and PA practitioner....
Just wanted to say thanks to Jim and seniors here...
http://i.imgur.com/pvZT5.gifIgnored
DislikedFantastic area to watch. Can you see the previous box, last time we were there?
MikeIgnored
DislikedHey rust
What are these circular areas on your chart.
They look like familiar.Ignored
DislikedIf you drag a completed trade from the "history" tab onto a chart, it shows the entry and exit points.Ignored
DislikedIf you drag a completed trade from the "history" tab onto a chart, it shows the entry and exit points.Ignored
DislikedRust knows his stuff, sometimes I think he's peeking at my computer
Good job buddy keep it up
MikeIgnored
DislikedYes, so I guess we then look for PA at the top and bottom of this previous box?Ignored
DislikedYes we can be looking for buys, or my favorite would be sell if we can breakout of this area
Here are a few charts I emailed the group
Best
MikeIgnored