please could someone tell me if fridays signals are taken into consideration for opening trades sunday/mon, obviously sunday bars dont count.
thanks in advance.
thanks in advance.
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedplease could someone tell me if fridays signals are taken into consideration for opening trades sunday/mon, obviously sunday bars dont count.
thanks in advance.Ignored
Dislikedplease could someone tell me if fridays signals are taken into consideration for opening trades sunday/mon, obviously sunday bars dont count.
thanks in advance.Ignored
DislikedGood afternoon everyone.going through my weekly charts ive come across these possible trades in the making, all these charts are from broker GMT-2
1. audusd short, pinbar touched upper bollinger and pierced through the above resistance but was rejected.
2. audjpy short, pinbar (not brillient) but was rejected from 50 fib level from last major bear run, my only concern is price has broken out from upper trendline but if you go down to daily there sma365 that seems to acting as resistance for now.
3. eurcad short DBHLC has tough resistance above which price has been rejected now 5 times.
4. audcad short possible pinbar price rejected from upper bollinger level need current price to move down some more to be convinced this is a decent trade in the making.
out of the possible 4 i think audusd and eurcad are probally the best signals at this moment in time but still good few hours to see how the weekly bars close, im still learning these J16 signals so your comments please.Ignored
DislikedJust to expand,
If chf/jpy makes its move down, we can see we have another large area of support to look out for.
This is why IMO it is safer to watch for a break long as there is less resistance on the way up, as there is on the way down. I trail my stops, and when there is resistance I often get bumped out before I can catch a move(this is a personal thing).
MikeIgnored
DislikedI trade off the Weekly, Daily and 4 hour. I had a great trade this morning with the GBP/JPY. Go here to see it in real time: Post#75388 page 5026
http://www.forexfactory.com/showthre...0582&page=5026
It was a Daily DBLHC and Inside Bar combo type formation. It proved very successful.
I am still in the trade with partial positions.Ignored
DislikedIt appears, we end up with a weekly beovb.
Trade responsibly and have a great weekend all.
.Ignored
DislikedTrendlines, fibs, S/R levels and some long term MAs are great tools to see where Price is heading and leading. Key words here are "heading" and "leading", not lagging.Ignored
DislikedCheers mate,already dropped down 300 pips from this beautifull dayly ib at the high and of course according to the weekly data, im posting a chartIgnored
DislikedCheers mate,already dropped down 300 pips from this beautifull dayly ib at the high and of course according to the weekly data, im posting a chartIgnored
Dislikeda lot of us following this one
edit wow Jim beat me by a few seconds!Ignored
DislikedAUD/USD Weekly Pin Bar (candle).
Off of new Highs. Off of PPZ. Resting near a Trendline. Confluence.
This looks familar.Ignored