Here you go,chart from not so expert trader,but a good J 16 Learner.
Where is price headed?
Regards
Taz
http://img168.imageshack.us/img168/4404/usdjpy.gif
Where is price headed?
Regards
Taz
http://img168.imageshack.us/img168/4404/usdjpy.gif
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHere's another one. Where is price going?
Just about to solve your puzzle, 666doom.Ignored
DislikedDamn good analysis, 666doom. It reminds me of getting more into detail with my own charts.Ignored
DislikedHere you go Hans.
And please call me Taz, i am no ones Doom lol.
You got the FTA right.
The bar was closed below 89.00 so proper way was buy stop at 89.18 or something.
Regards
Taz
http://img577.imageshack.us/img577/5...djpyanswer.gifIgnored
DislikedGreat stuff folks...
Those 2 day bars really confuse me, I mean how the hell do you know it is a PB?Ignored
DislikedAnother fact the bar is a reaction caused by PPZ when bar was going down because of 2 day pin bar.Ignored
DislikedSir,
2 Day Pins are very confusing to me also.
But i think in the end we are looking for rejection of price irrespective of time.
I dont know where i heard this guess it was from Mike or Clockwork 71.
Yeah they are also called 2 bar reversals.
In the end it is just exhaustion at a strong PPZ level.
Just my words here sir,i know people here are far more ahead then me i am just a Newbie.
Habbeeb once said in his post that Pin bars are actually Head and Shoulders in smaller TF and some times according to me they are like Tower Tops it is like a wizards...Ignored
DislikedThe first picture looks better for an 2 Day Pin Bar but again the close is not in the first eyeIgnored
DislikedIf the one on the right is the 2 day PB, what is the difference between it and an IB?
No, I don't get the xD thing.Ignored
DislikedI donīt know i only read anywere that a 2 day PB looks like this
This a nice good looking 2 Day PinBar that is the chart from 666DoomIgnored