Daily USDJPY still active
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=14.0)
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedFree3e, I've also taken this..twice, I tried with a really short stop and failed, but got in again. There was a daily BEOB off of a ppz which cut through another ppz (pic 1), then a retrace with a 4hr BEOB off of the bottom ppz (pic 2). Daily BEOB {image} 4hr BEOB {image}Ignored
Disliked{quote} An oustide bar whether a BEOB or BUOB should totally engulf the previous candle, the high and the low. Some people call them engulfing candles, don't let that confuse you, for the sake of definition don't worry about the location etc either, the term outside bar just refers to the bar. I've arrowed some on your picture, also look at priceaction9's picture - post #139424.Ignored
Disliked{quote} Personally I want to be out before these lows, I've already closed some and moved my stop down so it's now profit whatever. {image}Ignored
DislikedHi alphac, thank you very much for the journal, i have a question. What is more more important for your strategy: win rate or RR? I imagine your win rate must be >50% normally. Thanks, lots of learn from you. Keep itIgnored