It wont be up for long as i still have some work to do but come over right now and help me see if its working correctly.
http://www.james16group.us/Guests/guestchat.html
http://www.james16group.us/Guests/guestchat.html
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi Everyone, this looks like a good pb to me assuming it closes below the left eye, does anyone have any thoughts as to why it wouldn't be any-good? Cheers
SRIgnored
DislikedYes your right is does. I guess Im confused. If it looks like a good pb on the 4H chart but looks likes a BUOB on the daily is it better to avoid the pb in favour of the higher time frame?Ignored
DislikedHi Everyone, this looks like a good pb to me assuming it closes below the left eye, does anyone have any thoughts as to why it wouldn't be any-good? Cheers
SRIgnored
Dislikedalso look out for the size of previous bar(s) with respect to ur pa bar.
can u see the size of the immediate previous bullish bar compared to that pin.
now u can use supremechaos' chocolate analog to analyse this scenario. lol
hello guys, its been a while....how's everybody doing?
SqueezyIgnored
DislikedYes I believe the higher TF the stronger setup, but occur less. The 4H might go in your favor a little where you would be able to set your stop to BE, but still too risky I think since it is just a little price retracement within BUOB on the higher TF.Ignored
DislikedThat's not a BUOB IMO. Technically it is, but look at how much momentum it's lost already. I'd take that 4 hour pin any day of the week. And I just did.
I like my BUOBs to be pitbulls, ripping, barking like crazy, and ready to break through anything. Big and busting out. I would have wanted to see that bar's high at 1.0380 or higher. As it stands, that bar looks like a poodle. Poodles are cool...I guess. lol
The main man Jim would probably say the same exact thing.Ignored
DislikedIt wont be up for long as i still have some work to do but come over right now and help me see if its working correctly.
http://www.james16group.us/Guests/guestchat.htmlIgnored
DislikedSir jopollin comes in & post his thoughts.. i was eager to listen & sort of waiting for what he has to say... but i personally didnt hear anything new/surprising. am i correct?
jopollin, what's next, Sir? i mean is that it? have u made your point?
this is a sincere, humble question.Ignored
DislikedPretty small weak looking bars. Could see a small move down maybe to say 1100(real strong ppz on s&P), but I wouldn't go to crazy over these personally.
Play them careful!
Best
MikeIgnored