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Great posts nasir. I appreciate your time it took for you to put this together. . . .I know it was alot.
Very good infrormation here.
Thanks again . .
JimIgnored
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Where can I learn more about Price Action like those in James16 charts? 9 replies
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Great posts nasir. I appreciate your time it took for you to put this together. . . .I know it was alot.
Very good infrormation here.
Thanks again . .
JimIgnored
DislikedInteresting to see if that low of that little PB on the Cad will be taken out.
Here's a Higher time frame perspective, nasir.
The blue is your PB.Ignored
DislikedCan somebody tell me if this is a viable setup on EURCAD?
Fib confluence, PPZ, BRN 1.4300. I4B / Triple Bar High.
If price broke the mother candle's low would that be a good setup?
Any takers?Ignored
DislikedIts a very good post Hans . . . I like this part and use it as well . .
"a clear, well respected FTA (PPZ) can turn into support/resistance and keep price from falling/rising back again and stop you out. So if you think you're on a big trending move depending on your personal style it may be a good option to put your SL under/above the FTA and/or take partial profit and so on. "
JimIgnored
DislikedI also thought about demoing this one. I think it's not an A trade: not the biggest bar (but engulfing three), no BRN and it is trading into the 365EMA on the daily and some PPZ. But the Fib confluence and the fact that it closed under the last high gives it some reputation. I'm not sure if it is a bad sign though that it has not made it to the monthly/weekly TL yet. With a real account I probably would not take it.
EDIT: 4h shows some resistance.Ignored
DislikedIt was a point Adi asked me in a PM.
I thought that post will serve very well to answer his question.
But, I will let him tell the story.Ignored
DislikedIt was a point Adi asked me in a PM.
I thought that post will serve very well to answer his question.
But, I will let him tell the story.Ignored
DislikedI'm here, I was busy writing you the second PM so didn't notice, lol.
Yes as you saw I just need to choose a style that fits me, I guess.
I do think I want to stick to taking a full profit, but where and how, that is what I think of... these are three things to consider:
1) move to BE and trail (may provide for runners)
2) move to BE and have mental targets like FTA, then next S/R (may give good gains sometimes)
3) move to BE and exit at 1:1 (all or nothing like this guy does)
I bother with this only because my wins are much smaller than my...Ignored
DislikedI was asking Hans on the Eud/Cad.
On the Eur/Gbp . . nice chart Pb, but do you see a bullish PA opportunity to form at these possible support levels once price broke through?
I do.
gotta go
see ya later.
JimIgnored