DislikedMike has a gazillion dollar account to not worry about the spread. LOLIgnored
Simple example is a pair I might trade daily/weekly I won't trade on the hourly cause spread is too high of a factor
Mike
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedMike has a gazillion dollar account to not worry about the spread. LOLIgnored
DislikedSecond post here, Jaroo and Mike great tuitors . Took this trade today and managed 60 pips - there was more but the euro is unpredictable at the moment.
Took it off the wkly LCS and daily LCS - my view anyway. I have gone done to the 4 hour chart for clarity.
What is the view on the "daily pin" that may be forming, would this be another oppurtunity to short?Ignored
DislikedIgnored
DislikedI agree about the spreads as well . .but as far as crazy crosses goes this one is up there . .but still very tradeable.
much like the UsdLvl (Latvian) .Ignored
Dislikedactually i posted this in my thread, but it really fits the J16 stuff.... thought i'd share it here as well.....
Attachment
best,
JonasIgnored
Dislikedactually i posted this in my thread, but it really fits the J16 stuff.... thought i'd share it here as well.....
Attachment
best,
JonasIgnored
Dislikedusd/sek daily pin/buob
doesn't this one look familiar?
http://www.forexfactory.com/showthre...19#post5949619Ignored
Dislikedhey mike, what exactly have you labeled as divergence there? I see no MACD, I know there are different types of divergence but what are you referring to here?Ignored
DislikedIgnored
DislikedNot really.
We are waiting till price closes below this area on the daily, pulls back to it and shows us a sign that the area has flipped from former support to resistance. Like in this chart.Ignored
Dislikedhey mike, what exactly have you labeled as divergence there? I see no MACD, I know there are different types of divergence but what are you referring to here?Ignored
DislikedDude , He has 12600 posts ... I am sure those all have not been smileys ... Right Jonas ???Ignored
Dislikedhey mike, what exactly have you labeled as divergence there? I see no MACD, I know there are different types of divergence but what are you referring to here?Ignored
DislikedUMMMM... maybe I have misunderstood this to the core, but isnt the first picture there pretty standard PBT&CB and then retests as resistance and falls from there?
it looks pretty identical to the picture you drew to me...?
EDIT: meant to quote this post as well ^^^^^^Ignored