DislikedI wouldn't trade it neither. That's a ghetto pinbar.Ignored
DislikedDid you see this week's uncut version? It was pretty good. Gawd I love that show...Ignored
DislikedHello James! I am new to this great thread.
I have a question on trading the TWO CONSECUTIVE MATCHING LOWS or HIGHS breakout. In a downtrend, can we enter the trade as soon as we see the price is lower than the two consecutive matching lows or must we wait until the close of the bar following the two matching lows to see if it is closed below the two matching lows?Ignored
DislikedHi Mike! thanks for those lovely examples, may i know why you use te 60 ema, i really get confused in using MA's i am trading without them at the moment but some part of me wants to bring on a few on to mark some s/r levels, but then which one should it be, ranging from the 8-500 most numbers in there caryy some sort of res and support, you're using the 60 i remember Jim once saying that the single most important ema is the 365...what do you say on this?Ignored
DislikedNo I didn't but my wife did. However, I did go see Ace Frehley live a few weeks ago down in Houston. He has a band called Rocket Ride. I really enjoyed it. I still have ringing ears. I'm getting too old I think.Ignored
DislikedPlease anyone comments on these two charts.Ignored
DislikedWOW! you will need some serious long term traders to comment on that lol! i don't have 3 month charts on mt4 and your chart seems to much zoomed in i can't really analyse it properly unless you can peharps post a zoomed out picture.Ignored
Dislikedplease remove the grid on your chart...too hard to see what your trying to point out...Ignored
Can someone please comment on the AUD/US weekly? IMHO it's a perfect pinbar at a high along with divergence. It has also pullback so I'm very tempted to enter my short now.
My only hesitation is the strong uptrend but hey....most pinbars are against trends. But what the heck do I know, I'm just a newbie. I'd like to hear from the expertsIgnored
Dislikedthat pin bar obviously is good and the divergence makes the scenario better than it appears on the chart, i don't know abt what you or other ppl might think or how they interpret it but its a trade of the weekly and todays bearish momentum suggests the activation of the pin bar, i took it as my last trade of the week. that does'nt necessarily mean you take it too but it seems that the right eye which was forming with that last bullish move is just abt over....and the bears walk in after a long hibernation period and they're HUNGRY! so if i am interpreting it correct the short is now on as illustarted by the daily chart with that tail to the north and a good bodied bearish bar...
Best of luck and may the pips be with you
DislikedI agree with you GHOUS. By PA rules we should enter at the tip at about .9660 but I am playing aggressive and getting in with 1/2 of normal position now and the other half at .9660. I'll try to ride out until about .9575 the re-assess at that point. Maybe long around .9550. But I'm getting ahead of myself here.Ignored