Disliked{quote} Price finds support at the next S & R area and offers a rubbishy pinbar. {image}Ignored
Undisciplined, impatient and unruly. Don't follow me kid.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Price finds support at the next S & R area and offers a rubbishy pinbar. {image}Ignored
Disliked{quote} AUD/USD Monthly. Still some room to fall Al? Price currently in a sideways market on the daily. IB on D1. Price could break north or south. My bias would be short, but I prefer to trade short from a swing high unless momentum and PA is strong, so I may wait for a retrace to above resistance zone around .075000 area or higher. {image}Ignored
Disliked{quote} AUD/USD Monthly. Still some room to fall Al? Price currently in a sideways market on the daily. IB on D1. Price could break north or south. My bias would be short, but I prefer to trade short from a swing high unless momentum and PA is strong, so I may wait for a retrace to above resistance zone around .075000 area or higher. {image}Ignored
DislikedIf I was harsh I will apologize. Sometimes I come off that way. Wasn't singling anyone out just making observations. I sold breakfast burritoes at work everyday to fund my trading education/ fund my account. So in saying all of this I will now explain why I didnt take the gbp/usd daily pinbar. First as you can see by the chart I posted gbp/usd has been in a rising channel, secondly it has been making new HH'S and new HL'S which is all accounts considered a bullish trend. I AM NOT a counter trend trader. Know people that are and seem to make money...Ignored
DislikedIf I was harsh I will apologize. Sometimes I come off that way. Wasn't singling anyone out just making observations. I sold breakfast burritoes at work everyday to fund my trading education/ fund my account. So in saying all of this I will now explain why I didnt take the gbp/usd daily pinbar. First as you can see by the chart I posted gbp/usd has been in a rising channel, secondly it has been making new HH'S and new HL'S which is all accounts considered a bullish trend. I AM NOT a counter trend trader. Know people that are and seem to make money...Ignored
Dislikedjust doing my weekly prep, not a ton of stuff on my radar but I like the confluenced area coming into play on nzdchf strong divergence, had a last little push to the downside if we can get above and maintain that 6300 level into the TL we have a nice area to watch for PA Hope you all had a great weekend and nice to see others helping out as always it's much appreciated {image}Ignored
Disliked{quote} Nice chart Mike. I see most "news" as just noise but the RBNZ rate decision wednesday will keep me out of NZD until after the decision.Ignored
Dislikedjust doing my weekly prep, not a ton of stuff on my radar but I like the confluenced area coming into play on nzdchf strong divergence, had a last little push to the downside if we can get above and maintain that 6300 level into the TL we have a nice area to watch for PA Hope you all had a great weekend and nice to see others helping out as always it's much appreciated {image}Ignored
Dislikedok how much does a pizza delivery driver make? First lets get a few things out of the way. March 2007 I opened my first live trading account with 5k. It took 6 trading days for the account to be blown. From then till oct. 2007 I opened 2 more 5k trading accounts and they were both blown accounts. After I blew my third account up my wife looked at me and said "you are not good at this" and SHE decided my trading career was over. But I loved trading and had to figure out a way to trade. I searched high and low for the next year trying new systems...Ignored
Dislikedok how much does a pizza delivery driver make? First lets get a few things out of the way. March 2007 I opened my first live trading account with 5k. It took 6 trading days for the account to be blown. From then till oct. 2007 I opened 2 more 5k trading accounts and they were both blown accounts. After I blew my third account up my wife looked at me and said "you are not good at this" and SHE decided my trading career was over. But I loved trading and had to figure out a way to trade. I searched high and low for the next year trying new systems...Ignored
Disliked{quote} Ive been lurking since 2009. Not one who is active. Are you watching for a PA to sell at the confluence eg at the trend line? You mention strong divergence. How do you see that? If there is a strong divergence, does it mean you are looking for PA to long at the retrace of the Trendline?Ignored