Mike
Hello
And a good week
IB has a deal to pair eur / j
I would appreciate feedback very
Hello
And a good week
IB has a deal to pair eur / j
I would appreciate feedback very
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedMike
Hello
And a good week
IB has a deal to pair eur / j
I would appreciate feedback veryIgnored
DislikedGuys, i found a setup on audcad weekly. First target about 100+ pips
Can anyone tell me if this is correct analysis or something wrong?
ThanksIgnored
Disliked+ Good shape and size. There is traffic to the left BUT the strong close above traffic and parity as well as the violation of the BEOC (2-2-12) high eliminate this negative element
+ Monthly at a range BUT after an uptrend. The range is above parity and the two day BUOC closed above the MTDL
.....Ignored
DislikedHi Michael
I liked the indicator you have used on the chart. Is it possible to share it...
Regards,Ignored
DislikedTrade Plan
-Buy Stop 12 pips above the high of the two day BUOC (10% of the high-low length)
-Stop Loss at the low of the formation
-Take full profit at the FCL
-Capital at risk: 1% (trading within a range)
Full profit at 1.0100 because of cluster of daily res., weekly res., weekly and monthly 20 ema.Ignored
DislikedIt is fine. I am new in this thread and i must adjust my abbreviations to the ones here. I really like this tread!!!Ignored
DislikedWelcome, stick to it, and be patient and it will come to you over time, ive had a look at what your trading, im going to look at the reaction of the 4 hr candle at the bottom red line i have which is the highest resistence now maybe turned support, looks like it could hold, but im hoping price can push down to it so i can see some nice reaction.Ignored
DislikedExplain me please,
The highest res. that now may turn support??? but it is a support, right? We just need price to confirmed it as support.Ignored
DislikedHey Gag
What we do here is speak about concepts. These concepts must be learned on their own and then over time we work at working those concepts together to create our trade plans.
The best place to start is post 1 and work your way through. I would at the least to make sure to go through every single on of Jim's post.
As well there are many free videos on the guest side that you may find useful.
What the above was meant to say is that we talk about a lot of stuff in this thread, from beginner to more advanced of our personal trading....Ignored
DislikedThanks a lot Mike. I will start to read the post 1 and all james post. It seems that I found this thread too late, this thread is very huge now.,
The free video? I don't find it at first page.
About the bar formation, do you mean like head n shoulder, triangle, channel ?
@AvanishDemo
Thanks a lot for quote. I will keep it in my mind.Ignored
Disliked+ Good shape and size. There is traffic to the left BUT the strong close above traffic and parity as well as the violation of the BEOC (2-2-12) high eliminate this negative element
+ Monthly at a range BUT after an uptrend. The range is above parity and the two day BUOC closed above the MTDL
+ Weekly at a range BUT after an uptrend. The range is above parity and the two day BUOC closed the WTDL
+ Direct trend is in sync (bullish) (provided that a buy stop order pending above the two day BUOC is filled)
+ There is NO internal unconfirmed weekly resistance...Ignored
DislikedHey G
The bar formations are the common bars used like pinbars, outside bars, inside bars etc. Those formations you mentioned can also play a useful role in determining confluence and strong locations for your trades.
The free videos are on the website that is in the first post, in the guest area
Best
MikeIgnored
DislikedI got it. Thank's a lot, mike. I will start to watch it.
What about the PF, what is it? is the PF is the same joining the website. What is the different between here and the PF? Could I join the PF?Ignored