DislikedThanks Ghous, SC.
That is why they are an advanced PA.
I look for them but very very cautiously. Just traded ONE so far in my entire life Thanks.Ignored
Location, location, location......................
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThanks Ghous, SC.
That is why they are an advanced PA.
I look for them but very very cautiously. Just traded ONE so far in my entire life Thanks.Ignored
DislikedOk. Sorry everybody. It was IBFX. I have two feeds.. FXDD and IBFX..
Sorry for all the confusion.
PB, sorry for the pain caused to you to call FXDD. Yes they don't have GBPCAD.Ignored
DislikedGhous
Yes, it appears to be valid but would you kindly explain a couple of things about this PB? I realize the location and shape are good but, I am wondering about these points.
The PB looks rather small against the bullish bar that got us up here, RSI is showing Bullish divergence.Ignored
DislikedGhous
Yes, it appears to be valid but would you kindly explain a couple of things about this PB? I realize the location and shape are good but, I am wondering about these points.
The PB looks rather small against the bullish bar that got us up here, RSI is showing Bullish divergence.Ignored
DislikedLook also at the bearish bars that got us down here.
That BUB you're talking about was huge yes, but then look at the next 3 bars that formed after that BUB, clearly price was not able to sustain that sudden up thrust, and the Pb is bigger than any of those 3 bars. Then bring into the equation a dominant down trend (huge BEBs indicating that) a nose that sticks out long and nice into the 8300 area and the 50 fib ret and you're done piling enough pros for the setup.
g.Ignored
DislikedThat is an excellent trade ghous! If i could catch a couple of those a month I would be very happy!
I was looking at USD/CAD H4 pinbar which has bounced off a PPZ and is at a retracement of a mini uptrend. Theres a downsloping TL above it which could be a good TP. What do you guys think of that setup? I think i've kinda gone from being picky to being afraid to trade incase it goes against me...not good:S.Ignored
DislikedThanks for the explanation Ghous.
I am just trying to get my head around all the angles.
Is that Bearish Hidden Div?Ignored
DislikedThis might help I have some trouble with understanding divergence and find this useful.Ignored
DislikedPinbar how do you set up those grid lines on RSI indicator (the 30, 50, 70 ones)?Ignored
DislikedI took this one, seems to be stuck though.
Sorry for the mess on my chart.
One of the bigger problems I face is keeping my chart as clean as possible without skipping to much important information.Ignored