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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI assume you mean 157.40, as that is near the first daily bar low that could cause problems. Personally, I am watching very closely, as I'm still bearish in the longer term for this pair. I will probably move up my stops by then, and if price hiccups too much, I'll take some profits. I don't trade this pair too often, so I'm a little nervous myself. One can never be too cautious.
TylerIgnored
DislikedThe first attempt nothing special, but anyway, let's see how it rolls.
stealing your words jarrooIgnored
Dislikedvery nice tyler.
i was looking for this observation and did not have to look far.
jimIgnored
Dislikedhi Leon, you are correct in what you say but i have found they also often act as flip ppzs and (as in this case?) can act as support. i tend to only take notice of the fibs drawn from the longer TFs as it can get pretty confusing, normally i would use them as you have described. if there is a confluence of fibs,one from the swing high and one from the swing low, this also seems to get respected.
i would also be interested in what the seniors think about it??
jonIgnored
Dislikedseems its my problem, cannot even open their web site. lucky me already in BE
anybody tell me wheres eur/jpy please?Ignored
Dislikedseems its my problem, cannot even open their web site. lucky me already in BE
anybody tell me wheres eur/jpy please?Ignored