Hi all
I'm long GBP/USD. Let's see if the trendline holds (I hope not).
I'm long GBP/USD. Let's see if the trendline holds (I hope not).
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThats really interesting area. I hope someone will eat those stops and draw some nice pa.Ignored
DislikedLooks like stops had been consumed. Now we have V-shape bottom and breakout traders stops must be somewhere near . 1.5980 looks good now. PB on daily?Ignored
DislikedHi,
do you went short when the low of the BEOB was broken or when the price retraced? What was your sl?Ignored
DislikedHi MC, short on the break yes, so I was already when it retraced.
Initial SL was 0.9219. Now as price reached FTA I moved to BE.Ignored
DislikedWell for H4 I like my Round Number for EURUSD to be in 100 pip intervals, that helps me to spot S/R and surrounding PPZ quickly. And I always pay attention if price could or could not close above/below it. Here on this Alpari chart I see Price is having trouble with 1.41. Also the best BUOB/BEOB is when it is also a Swing bar (so longer tail below those bar would have been better, imo)....Ignored
DislikedHi MC, short on the break yes, so I was already when it retraced.
Initial SL was 0.9219. Now as price reached FTA I moved to BE.Ignored
Dislikedwhere do you have your TP? I entered on the 50% retracement of the following candle. personal tp in the marked area.Ignored
DislikedTaking you by the hand won't work, brighty. You have to study the material and practise in Demo then study and practise more. You have to see it work for yourself. . .trust me, you'll be better off.
Have you gone through the guest videos? The 1st post?
http://www.james16group.us/Guests/guestmaterial.htmlIgnored