EURSGD DBL Bottom pattern + BUOB retrace entry.
Lets see if this thing wants to go higher.
Plan your trade , trade your plan
Lets see if this thing wants to go higher.
Plan your trade , trade your plan
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedEURSGD DBL Bottom pattern + BUOB retrace entry.
Lets see if this thing wants to go higher.
Plan your trade , trade your planIgnored
DislikedHi,
Took this trade after 3 bar lows lined up on the 25ema and the 3rd bar closed higher through resistance (TBLHC) @ 1.03000, looked to take the retrace at that level hoping resistance would turn support...maybe the 3 bar lows will hold? I wasn't going to wait to find out due to the manner in which price fell, got out for 1.9% loss
Critical views on the trade are welcome
Kind Regards
SanilIgnored
DislikedDAMN! That was fast... about half an hour later my 1st target have been reached. I L O V E this stuff
No need to expect much more today = ALL OUT. Have a great weekend guys!Ignored
DislikedEntered this a few days ago. Still new here. 1.03 looked great for a PPZ/support. BUOB also with 150ema and 23 fib. FTA was 1.04. Stop currently at BE.
I know this trade is working out but the question I have is, am i looking at the right locations? and with enough confluence? I know a touch trade would have been even better, after hindsight.
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DislikedHey Rolo
Your chart looks real good to me. It looks like it could have been screenshotted from J16 charts. A little bar conifrmation but strong confluence with your MA. Your dashed blue lines(especially the first one) are VERY important and really the key. 1.0400 good chance to hold as support and then move to the next level
Nice trade
MikeIgnored
DislikedEntered this a few days ago. Still new here. 1.03 looked great for a PPZ/support. BUOB also with 150ema and 23 fib. FTA was 1.04. Stop currently at BE.
I know this trade is working out but the question I have is, am i looking at the right locations? and with enough confluence? I know a touch trade would have been even better, after hindsight.
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DislikedHey rolo ! I have the same trade as you have, i just saw that the price is not go below after the beob... 1.03 and 150 ema is solid support
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DislikedHey rolo ! I have the same trade as you have, i just saw that the price is not go below after the beob... 1.03 and 150 ema is solid supportIgnored
DislikedEURSGD DBL Bottom pattern + BUOB retrace entry.
Lets see if this thing wants to go higher.
Plan your trade , trade your planIgnored
DislikedIt droped because of Eurozone news.
This aside, I still would not have taken this long, there is resistance pretty close by, if you look to the left.Ignored
DislikedHey rolo ! I have the same trade as you have, i just saw that the price is not go below after the beob... 1.03 and 150 ema is solid support
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DislikedDon't know what I like more, the setup, the analysis or the new graphic?
The chart is not based on NYC close is it? Do you follow both? Do you find it delivers the same expectations??? Based on this trade I guess it does.
Good to see you posting again bracie.
TIgnored