Entered a little late on chfjpy. But i am BE now....
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=14.0)
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} jus my opinion but remember that IPBs on a swing low are a bullish thing (if i understand correctly) maybe the expert on them ghous might give his opinion??..... jonIgnored
Disliked{quote} Hey Zamfir, Nice little trade there. I don't see it on your chart but you had trend line confluence there.We are sitting at a major trouble area for this trade now. Its certainly not a bad option to be taking full profit here. But I can't help look how price seems to be just gaining some momentum and poking out of this prolonged consolidation. Could this pin bar here be hinting at a potential break out? Possible.
{image} I see wee have a weekly M-A-J-O-R Swing high that price seems to be creeping up to? Arewe really headed there?...
Ignored
Disliked{quote} Hey Jon, That's true. I am not sure if he was mentioning "inverse pin bar" in the context that I use to refer to them. Anyways... What is important is to understand that just like your regular pin bars and other PA bars, the bars themselves matter less and are never encouraged to be traded in isolation. We know what a terrible mistake it is to print the image of what a good pin bar looks like and fall in love with a similar looking pin bar wherever we see it. Missing the bigger picture can lead to detrimental consequences. So yes that's...Ignored
Disliked{quote} It wants more buyers so, they can Dump it like a truck load of old socks. LOLIgnored
DislikedHi All, Just seen this BEOB formation on USD/CAD and wondering if this would be of interest or dismissed? My logic for the trade is based on current bearish momentum, bounce off of a BRN and S/R level with a bearish entry at 1.0350 as this would pass the low of Fridays candle and confirm momentum down. Your thoughts would be greatly appreciated.Krunal {image}
Ignored
DislikedMike Just a few words to say thankyou for the sterling effort you have put into this site over a long period of time. Your input, along with others, has drastically shortened the time it took to turn me into a profitable trader-albeit I am small fry when compared to some here. Take a bow sir - you are a gentleman and a scholarIgnored
DislikedHey Mike I've been studying james16 thread for close to a year now. I have completed minimum requirement 1. Thank you so much for your effort in this thread! Now i'm trying to achieve minimum requirement 2, I'm facing this issue. How do you deal with spread widening during news release? I know spread widening is a fact when trading with market makers and wasn't an issue when I traded demo. But after going live, I got hit by it twice. For new entry orders the obvious is the remove them before the new release. My question is how do you deal with open...Ignored
Disliked{quote} Nice charts - I love the way you zoom in from the monthly charts. Which program do you use for drawing levels? Cheers, StephenIgnored
Disliked{quote} Hey Stephen if you mean drawing round numbers on chart then here is Grid indicator: http://www.forexfactory.com/showthre...82#post6385682 otherwise I using program Snagit to draw my poor analysisHope this helps also. Best regards, Andrew
Ignored
Disliked{quote} jus my opinion but remember that IPBs on a swing low are a bullish thing (if i understand correctly) maybe the expert on them ghous might give his opinion??..... jonIgnored
Disliked{quote} Hey Jon, That's true. I am not sure if he was mentioning "inverse pin bar" in the context that I use to refer to them. {image}Ignored