Looks nice. Also see a weekly TM 1,055 a nice level s/r
Sorry for my english
Sorry for my english
Where can I learn more about Price Action like those in James16 charts? 9 replies
Disliked{quote} Hi Kinder, Absolutely no offense, but technically there is no pin bar at least if we are talking about the last two candles in your chart. The second one is inside bar and the first one would be a pin bar if it closed inside of the previous candle. But it didn't. Take care, JamesIgnored
Disliked{quote} Hi James! Thank you! But it works))) and sometimes a trade some bad patterns and pin. Small stop, then it will be too smaller.Ignored
Disliked{quote} I think this is a wrong approach; James always said to take only the A+ trade; Don't be euphoric because you win a bad trade; try next time not to take the bad trade because that can take your SL. Would you be happy with that? I think it's easy to digest a losing trade when you know that you trade the best setup sorry for my english as for bar type her are some material that i consider useful {image} {image} {image} https://www.youtube.com/watch?v=jSV_3-FSslkIgnored
DislikedAnyone trading this and thoughts on the bar? *edit: would prefer a smaller body or a close below the open {image}Ignored
Disliked{quote} Hi, I pass on that one due to the PPZ it faces by 1.3150: multi bar lows on H4 and D1 + upward TL on D1 (even if the screenshot is a bit messy I admit ) Plus I don't think there is much resistance backing up the PB Plus it has a weak close: close is above open on what is supposed to be a bearish PB... Take care {image}{image}Ignored
DislikedI gotta catch up here here is what I thought was a fantastic trade, setting up earlier this week. Initially my hunt was for closes back below the BRN, box and TL. This was my original chart. {image} We then got a great beob and I sold a pullback to this area. Actually originally sold a bit lower, got out for b/e(the tinniest of losses) and got back in at a better price). {image} {image} Price turns down so we move our stop and eliminate the majority of risk. Now just to see if we can get that final push {image}Ignored
Disliked{quote} i missed the daily entry but taking the weekly chart trade {image}Ignored
DislikedI cut out the first part of my webinar from last week that better explains prepping and preparing your trade plans ahead of time. This was the usd/mxn trade and how ahead of time we should be able to plan a LARGE portion of our trades. I always see people who tend to just place a buy/sell when they see a bar and then build a trade plan later. I do the exact opposite most of the time where my area and everything is setting up and then it's just about waiting for that tipping point with PA. But the entry and exit , it's all built and should flow together....Ignored
Disliked{quote} here is that closed trade now on the usd/mxn. We may retrace back up to the BRN again for the weekly beob and find new selling there. I will not be selling this pair again for now though Hope everyone has a great week Mike {image}Ignored