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- WizardPip replied May 19, 2010
Its almost the low of the pinbar's previous bar, 131.78 on FXDD demo
- WizardPip replied May 19, 2010
Well, i was talking (or writing) about Eur-Jpy, and youre watching Gbp-Jpy Edit: Well, maybe no space, but no traffic either???
- WizardPip replied May 19, 2010
Wow!!!, nice analysis. I saw a video a time ago, where the trader used this kind of trendlines - i thought people didn't used here, but i see now i was wrong - and when price broke a trendline, the breakout point acted in many cases as support (in ...
- WizardPip replied May 19, 2010
Nice one, in this pair (gbp-jpy), the double bottom actually IS a double bottom, and in the (eur-jpy) you have to zoom it out a lot, and then it seems a double bottom (lol) What i like in the last one is the wiiiiiiiide space Mike talks about. if ...
- WizardPip replied May 19, 2010
EUR-JPY — Hello every1 I dont see a lot of setups, but i like A LOT the pin forming on the Eur-Jpy, Daily TF. I think it's a Mike's style trade: lots of space, non traffic area close, just the VBRN 115,00 (the FTA), and almost a double bottom ...
- WizardPip replied Apr 22, 2010
Absolutly, its better to follow the rules knowing why the details are important, and it makes absolutly sense to me now Many, many Thanx Hector
- WizardPip replied Apr 22, 2010
Thxs Mike, and in your experience this bars doesnt work out well?
- WizardPip replied Apr 22, 2010
Lets see if i finally get this, What u guys think of this 4hr eur-usd pin bar?, well, open is in the range of previous bar, but close isnt. In the good side, location looks good, we have divergence on RSI, and i think we have what Mike say is space. ...
- WizardPip replied Apr 21, 2010
Well, always the feedback of the pros is very helpful. The market has to really show you, and confirm you the direction he (the market) is taking. Right now is not clear, or at least is not clear price going up. The ones you talk about in your ...
- WizardPip replied Apr 21, 2010
Of course it helps, A LOT, thanks for the feedback Well it wasnt my intention to suggest this pin is going to change the trend, the entry i planned to use (not any more, lol, i really doubt price gets there) was 1.0016, taking profit at 1.0060, just ...
- WizardPip replied Apr 21, 2010
Well, maybe thats because i'm wrong :-( Lets see your feedback, this is the chart im watching Regards Hector
- WizardPip replied Apr 21, 2010
Do you think it can make it more attarctive, or trendlines and things like that are usefull. Id like to read an opinion from an experienced trader like you, or others i know we can find here. Always appreciated any observation, opinion, or critic ...
- WizardPip replied Apr 21, 2010
Hey Mike About the usdcad trade, besides divergence and price action, there is a break of down trendline. It seems the pin bar two days ago made price test this trendline again. Now it seems price is trapped between the broken trendline and this ...
- WizardPip replied Nov 4, 2008
Hello Mike Thanks for the information. It helped me a lot. You mean this formation is in traffic because the "leading" trade is the PB, it's not on a swing high or low, like you said. Thats why i read that this formation many times signals a ...
- WizardPip replied Nov 4, 2008
EUR-USD — Hello to everyone I have a question about bullish and bearish vertical outside bars. They only signal a continuation of a trend?, or is a signal to enter?. Anyone has checked a bulish BVOB on the daily EUR USD?. Please check it out ...
- WizardPip replied Aug 27, 2008
This is what i was talking about Best regards WP
- WizardPip replied Aug 27, 2008
Oh man, i'm in the wrong way then!!!, soooooooo wrong!!! lol Best regards WP
- WizardPip replied Aug 26, 2008
Longer TF — Hello everyone I started reading this forum, and i think its a powerfull tool, still trying to understand how to set daily, intermediate, range, intraday and swing pivots (hope i didn't miss anyone), and when and why change those, ...
- WizardPip replied Aug 24, 2008
Hello everyone, Im not an expert, but this should be a "short term" trade, because a pinbar just formed on the weekly. Maybe a trade for the retrace, and in the middle of next week, UP again. My 2 cents WP
- WizardPip replied Aug 21, 2008
You can start breathing man Price is going your way, still need to raise a few pips, but here we go Best regards WP