Hi Mike , Pinbar,
Thanks for the charts and material, will be practicing this!
Thanks for the charts and material, will be practicing this!
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} still pretty bad lol. Did a video for the group yesterday and I sound like shit or I would have posted it here too lol Tree Pollen is killin me!Ignored
Disliked{quote} Hey Joe Your second fib for me isn't relevant. Some will say it is but I like nice obvious swing points. Your larger first one for me makes sense. I think that rising TL is just over kill too. For me I think price is wedging around the BRN and that's enough information for me to wait and see Best Mike {image}Ignored
DislikedWhat do you guys think about this pinbar i'm pesently long in. {image}Ignored
Disliked{quote} Hey chriz, just something to note. Its located just above a bit of resistance (right where the SL is) and with the confluence, seems a good trade so far. It has a qualifying shape, and the eyes look cute too. However, IMO, the SL is a bit close. Usually, I'm a bit more comfortable with the SL placed below the nose. This in return gives a bit more "wiggle room" as the average daily range looks a bit more than the width of your stop. If you don't understand, I can post up a chart. Of course, I can also be wrong... Nice work sticking to...Ignored
DislikedWhat do you guys think about this pinbar i'm pesently long in. {image}Ignored
Disliked{quote} updated chart, nice quick breakout as to be expected with such a quality TL I'm out at the major trouble area {image}Ignored
Disliked{quote} Hey Si Careful here that isn't a pinbar but a neutral bar. Notice the open and close are near the middle of the bar with equal "tails" sticking out of both ends. This indicates indecision in the market place Best MikeIgnored
DislikedHello everyone, I need some help. how can I figure out which is the correct level to position the Stoploss between 1.8358 weekly and 1.8380 daily? {image}Ignored
DislikedWhat do you guys think about this pinbar i'm pesently long in. {image}Ignored
DislikedHello All, I had been watching GBPCHF for last few days. Just took a short based on the pinbar looking thing on May 7. So far the daily bar has closed below the support line at 1.4530. I know this setup is far from perfect but I have been trading these "daily bar close" above/below S/R zones for few months with some success. Would love to hear your opinion about this. Peace! {image}Ignored
Disliked{quote} Hey Cricketer This one is very similar to the above situation on nzd/usd. Although I like the gbp/chf bar formation better the boxing and traffic effect in here often make these tricky and/or difficult to manage especially trading back into a BRN. Could chop around for a bit if you are ok with that but that area is strong too. Here was my chart on this one http://www.forexfactory.com/showthre...42#post6663842 Notice right where price went and stalled Best MikeIgnored