DislikedVERY nice Bill. Understanding the environment you are in is crucial to being in trades as well as when it's best to sit out(depending on style)
I am watching this pattern to the downside
Best
MikeIgnored
I appreciate your input.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedVERY nice Bill. Understanding the environment you are in is crucial to being in trades as well as when it's best to sit out(depending on style)
I am watching this pattern to the downside
Best
MikeIgnored
DislikedPA bar retracement entry. The left eye in confluence with a RN - a powerful thing.
Can 9550 give in? Anxiously watching . . .
g.Ignored
Dislikedi recieved a couple of PM about my charts, from where i got them and how many hours you need to screens these charts.
i decided to answer them here, so that the whole j16-gang can participate:
i use gci for mt4 charts of main us and european charts;
freestockcharts.com for russell 3000 stocks and
prorealtime for more european charts.
these are all free of charge. you just need to register (for free).
all setups are posted here in the thread. i don't have a signal service, website or anything else.
so in total i check about 5000 charts every weekend....Ignored
DislikedHey Aser,
sounds interesting, thanks for sharing.
Does it mean, you scan your charts only on weekends? Do you then watch the marked charts during the week and wait for the appropriate action?
Thanks, regards
kptIgnored
Dislikedremember, H4 & below charts are like smaller puzzle pieces of Daily & above.
if u want to look at lower TFs, u have to zoom out (zoom out more as u go lower) to get a good perspective of price's trend.Ignored
QuoteDislikedto establish a potential reversal of this (& any trend), we should go consolidate further (stop making lower highs & lower lows), then continually make higher highs & higher lows around&through 1.3200 onwards.
Dislikedi like my breakout patterns to be pretty neat(see gbp/cad weekly I posted the other day)Ignored
DislikedPA bar retracement entry. The left eye in confluence with a RN - a powerful thing.
Can 9550 give in? Anxiously watching . . .
g.Ignored
Dislikedwhat do you guys think about the daily PB coming up? your inputs are always valuable.Ignored
DislikedHey Yomex
Be careful here that bar wouldn't be a pinbar since it is at such a deep swing low. We want that bar to be near a swing high so the nose is sticking out.
Here is an example of a bearish pinbar
http://www.forexfactory.com/showpost...ostcount=56941
http://www.forexfactory.com/showpost...ostcount=56945
and here is a bullish pin
http://www.forexfactory.com/showpost...ostcount=59055
Let me know if that helps
MikeIgnored
DislikedPA bar retracement entry. The left eye in confluence with a RN - a powerful thing.
Can 9550 give in? Anxiously watching . . .
g.Ignored
Dislikedplease whats the full meaning of FTA and RN? Thanking you in advanceIgnored