Double (maybe Triple) Bar High USD/CAD Daily — I found this Double bar high on the USD/CAD. Can someone explain this briefly, i am still confused on how to interpret this. Is this showing resistance? image

cosgrove makes a very good point. to quote James regarding trading the 1hr time frame: "this type of trading is not for the faint of heart." the larger the time frame, the more reliable price action occurs.

thanks for reply greenhaze...do you know where i could download a good pivot point indicator?

EURAUD — i found this pin bar a just a few minutes ago on the 4hr and also has double bottom. what does everyone think?

thanks — thanks for the input...i did not even recognize the double bottom. thanks for the input!

NZD USD — just wanted to get some input on a pinbar i found earlier and was able to get some pips on.

nice post...i am refocusing my forex education to market rythm, candlestick patterns, and resistance/support. thats it and i am getting alot less confused.

I tend to agree with you. I have reached the point in my forex education where i am using to many indicators and not paying attn to the bigger picture. So i have cleaned all my charts to just show simple stuff.