Are you willing to trade those two BRN's both long and short if a trade develops? Is there a particular scenario you perfer more than the other? I just wanted to get a more in-depth view of what your thinking, sorry to be so fussy.
Thanks
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Mike Are you willing to trade those two BRN's both long and short if a trade develops? Is there a particular scenario you perfer more than the other? I just wanted to get a more in-depth view of what your thinking, sorry to be so fussy. ThanksIgnored
DislikedDamn, three explosions kill and maim at the Boston Marathon. My thoughts go out to those killed or injured in the mindless explosions at the Boston marathon. Some sick people out there. http://www.bbc.co.uk/news/world-us-canada-22160691Ignored
DislikedHey guys, I saw this trade as a BUOB and thought to observe it as see how it pans out.Ignored
Dislikedin my opinion we´re right now in sideways market and this buob is in traffic.Ignored
DislikedPersonally I would not take this trade because FTA is really close and seems pretty strong to me (check my chart)Ignored
DislikedAnd finally, the trade would not be triggered, highs of both candles are the same (at least on my FXPro feed) so if you use some kind of buffer you´d be ok (but it depends on what kind of entry technique you use).Ignored
DislikedHi makwana, in my opinion we´re right now in sideways market and this buob is in traffic. Personally I would not take this trade because FTA is really close and seems pretty strong to me (check my chart), I tried to show with arrows how many problems price had here before. And finally, the trade would not be triggered, highs of both candles are the same (at least on my FXPro feed) so if you use some kind of buffer you´d be ok (but it depends on what kind of entry technique you use). Anyway, this is just my opinion, I´m still newbie...Ignored
DislikedHey guys, I saw this trade as a BUOB and thought to observe it as see how it pans out. In the real world i would've taken this as a trade, as to my logic it formed a buob at a nice support area market seems to be a consolidating and price previously has bounced off this area before on a number of occasions. However today (granted the trade is still not over and i would still be in it) the market seems to be very bearish. Have i missed anything that is glaringly obvious? Would love some enlightenment. {image}Ignored
DislikedHi Mike, this chart for Gbp/Aud in 4H .. should i wait for close below 1.4800 BRN for short ? what your view !! {image}Ignored