DislikedNot a bad level at all Pinbar . .I like this confluenced level on the Weekly . .Weekly HCR with the emas . .Ignored
yes, I was thinking you would like that area.
This was a Monthly + Daily level.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedNot a bad level at all Pinbar . .I like this confluenced level on the Weekly . .Weekly HCR with the emas . .Ignored
Dislikedyes, I was thinking you would like that area.
This was a Monthly + Daily level.Ignored
DislikedAnother Damn cold here but, I am not letting that deter me.
Just looking at multiple TF levels, and how they seem to somehow be extra confluence and more PA seems to be around these levels, on a lower TF.Ignored
DislikedVery nice Pinbar . .absolutely when HCR/LCS levels line up with multiple TFs . . that's a confluence . .
Hope you feel better . .
Gotta go for now
Later,
JimIgnored
DislikedWell price usually retraces or is attracted to these number, not by coincidence but beause the big boys want thier orders filled so price will get moved to these areas more times than not, so the big boys can have thier trade filled at a good price, and yes 107 and 80 on ej and uj have been broken and are "UNTESTED" as resistence turned support, so this is why i would have liked the touch or piercing of these areas to be confident of going in, it may never go down there, thats no problem, just means i didnt lose anything, but while its unfilled...Ignored
DislikedNice clean box I am watching here. Preferred breakout is the upside with the trend and BRN to our backIgnored
DislikedNice clean box I am watching here. Preferred breakout is the upside with the trend and BRN to our backIgnored
DislikedHi Mike, how are you?
I have been doing a lot of rereading of old posts from you and Jim and all the senior members.
How are you looking at this? Would it meet your requirements for a buy stop a few pips above the highs? Or is a retrace the preferable offer.
I have not found the criteria for taking a pure breakout yet on the site, so apologies if I am asking what has already been answered.Ignored
Disliked
Here are examples of patterns where we can do that as well
http://www.forexfactory.com/showthre...46#post4640646
best
MikeIgnored
DislikedHey Heebby
I rarely blind buy or sell breakout areas. The times I mostly do this are using multi bar highs. Or what James teaches as TBH(two bar high) TBL(two bar low). I like them when we have multi bar highs/lows
Check out these posts for them
http://www.forexfactory.com/showthre...23#post4459623
http://www.forexfactory.com/showthre...29#post4426829
http://www.forexfactory.com/showthre...12#post4430412
http://www.forexfactory.com/showthre...02#post3838802
For...Ignored
Dislikedhi Mike, how do you feel about elliott wave analysis??it is compatible with PA?
ThanksIgnored
DislikedNice PB with trend on 1H after the US news, but what will happen on the Daily chart?!..the USD index helps a lot.Ignored