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- fxpaulm replied Jan 14, 2014
Thanks G. That pretty much agrees with what I thought about volume and forex.
james16 Chart Thread
- fxpaulm replied Jan 14, 2014
Mike, How does volume get used? I've not seen any mention of it, but I haven't read all the posts on this thread yet. If volume is used to some extent, then I assume for forex it would be tick volume? Thanks Paul
james16 Chart Thread
- fxpaulm replied Jan 9, 2014
Nathan, I agree with you and I guess my only issue is I do not see this as a sub-par trade, that is my weakness no doubt. I see price has doubled, the BUOB did not generate the follow through that I would expect from such a strong move, it got ...
james16 Chart Thread
- fxpaulm replied Jan 8, 2014
Ah the beauty of trading. The Bullish Outside Bar does cause hesitation, but then subsequent price action does not appear to support the move. Price has already slightly doubled its range and it appears to be getting tired. Price tried to rally and ...
james16 Chart Thread
- fxpaulm replied Jan 8, 2014
Patapouer, It does face traffic, but that traffic is at least 100 pips away. That TL is troubling, but why does the high from 9 months ago factor in? I mean, last month broke that high and I'm wondering what relevance the April high has to current ...
james16 Chart Thread
- fxpaulm replied Jan 8, 2014
Any thoughts on the NZD/JPY daily??? It looks like two consecutive inside bars followed by the pin bar that rejected a BRN at 87.00 Of course the bar/candle hasn't closed yet, so lots could change, but for now it looks very promising. Anyone see ...
james16 Chart Thread
- fxpaulm replied Jan 6, 2014
I love these types of moves and set-ups. See supply come into the market and then price hesitate at established level before resuming the trend. Both of these are daily charts with inside bars, the EUR/AUD and the EUR/NZD. I usually look to the 4 ...
james16 Chart Thread
- fxpaulm replied Jan 6, 2014
To anyone who has been here, would this be a typical pin bar trade? The chart is the GBP/CAD 4 hour, my hesitation is price already fell and now had strong bull candle. It is by a BRN though and the pin went to the 50% Fib level. Any thoughts, I ...
james16 Chart Thread
- fxpaulm replied Jan 6, 2014
Mike, Thanks for the reply and I agree wholeheartedly with what you wrote, but looking at that N/U chart that was posted it looks like less then 20 pips profit... To me and my style of trading that is not worth it, but to each his own.
james16 Chart Thread
- fxpaulm replied Jan 6, 2014
Being new to the thread, but not to trading, I was hoping to ask a question on the Nzd/Usd trade. It looks that the potential profit is way out of whack with the potential loss, in other words, it looks like on the chart that the TP order is for ...
james16 Chart Thread
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