50+61 lining up + Daily/Weekly Pivot + 1.6500 round number + Trend line.
is it enough.
is it enough.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked50+61 lining up + Daily/Weekly Pivot + 1.6500 round number + Trend line.
is it enough.Ignored
DislikedHi Guys,
It is so typical choppy days before Christmas.
There are still some price action that could make us some pips. Anyway, as long as our capital are protected, even BE trade are still winners.Ignored
DislikedHello Nasir,
This is the level I have marked in RED box already. Maybe Rac's sell order is well placed there already.
PippingMIgnored
Dislikedi see,
I have a real super slow (115 Kb) interenet connection here so did not browse previous pages. Just manages to run MT4 and opens FF after several attempts.
Took these trades just while ago.
EG and NU have a pin in 1H rest are touch trades lets see.Ignored
DislikedHello Nasir,
Not too much confluence on any of those trade and market is too choppy now.
If it is demoing, that ok. I would not risk any money on those trade.
I would rather wait for the 6500 area on GU for PA. Otherwise, I will stay aside and do some reading.
Haha... Pretty boring before Christmas !
PippingMIgnored
DislikedThanks for the comments,
Thats a demo.
Well i will agree completley with you on GU.
Rest (EG,NU,UJ,GC) are based on Daily/Weekly Pivot Zones, are between the 50-61 Fibs, have Trendlines and EG,GC have some Divergence also.Ignored
Dislikedi see,
I have a real super slow (115 Kb) interenet connection here so did not browse previous pages. Just manages to run MT4 and opens FF after several attempts.
Took these trades just while ago.
EG and NU have a pin in 1H rest are touch trades lets see.Ignored
DislikedHi
Anyone looking at USD/CAD at the moment. I believe there may be a potential short on here on the 4h and daily, though there is choppy price below. But I'm new here, and would like to see some one with more experience in J16 give it a proper J16 evaluation.Ignored
DislikedHi
Anyone looking at USD/CAD at the moment. I believe there may be a potential short on here on the 4h and daily, though there is choppy price below. But I'm new here, and would like to see some one with more experience in J16 give it a proper J16 evaluation.Ignored
DislikedHello.
Could someone kindly advise if my understanding of placing a trade with a Double Low price action as per attached is correct ?
EURJPY 1HR chart, major trend is a downtrend.
Double Low/High as a sign of continuation of the current trend.
So, place a short order about 10 pips below the low (129.77 - 0.10 = 129.67) with a traget as approx. 10 pips less the previous swing low.
1 bar before these Double Low was an inside bar after the huge spike up.
If I were able to caught that then, I should have placed a short order below the inside...Ignored
DislikedHi, Danny.
Thank you very much for your comments and advise.
I appreciate it very much.Ignored