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Where can I learn more about Price Action like those in James16 charts? 9 replies

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  • Post #143,381
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  • Jan 21, 2022 7:24am Jan 21, 2022 7:24am
  •  degorbi
  • | Commercial Member | Joined May 2013 | 1,125 Posts
From yesterday Oil WTI looks bearish .
More about it and SP500 during my basic room live (https://www.xm.com/live-player/basic) trading session at 13:00 GMT ( 40 min from now).
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It's tough to make predictions, especially about the future...
 
 
  • Post #143,382
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  • Jan 21, 2022 5:36pm Jan 21, 2022 5:36pm
  •  saab
  • | Joined Sep 2011 | Status: Member | 32 Posts
For those worried about the recent bitcoin drop today here's a chart that may help
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Pip Project - Trading Channel
 
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  • Post #143,383
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  • Jan 22, 2022 12:24am Jan 22, 2022 12:24am
  •  Never
  • | Commercial Member | Joined May 2019 | 903 Posts
I am focusing on GBPAUD because it have higher price action in everyday

Last week I tried scalping by my NeverGP EA this is type grid pyramid strategy not averaging or martingale EA pyramiding in day trading range was easy risk was 50% DD

Deposit $100
Profit $240

Here is video I recorded

https://youtu.be/hddaCyMnDw4
Daily High Return by NeverGP EA All Time Return: 53.3%
 
 
  • Post #143,384
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  • Jan 22, 2022 12:37am Jan 22, 2022 12:37am
  •  Never
  • | Commercial Member | Joined May 2019 | 903 Posts
Overall GBPAUD in uptrend but there was resistance that may will make it down to 8680 is the support
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Daily High Return by NeverGP EA All Time Return: 53.3%
 
 
  • Post #143,385
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  • Jan 23, 2022 1:34pm Jan 23, 2022 1:34pm
  •  florinellz
  • | Joined Feb 2012 | Status: Member | 574 Posts
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  • Post #143,386
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  • Jan 24, 2022 8:56am Jan 24, 2022 8:56am
  •  degorbi
  • | Commercial Member | Joined May 2013 | 1,125 Posts
Hello Monday, the FED week. On Wednesday we will have a interesting event and probably volatile market - the FED monetary policy decisions. Not many expect changes but it always is an important event. I took a closer look to #OilWTI - looks bearish. https://comparic.com/oil-wti-bearish...going-bearish/
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It's tough to make predictions, especially about the future...
 
 
  • Post #143,387
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  • Jan 24, 2022 11:23am Jan 24, 2022 11:23am
  •  Globe
  • | Joined Feb 2016 | Status: Member | 35 Posts
I bought it. Nice pinbar in excellent localization.
Good support level: 0.84000
No big traffic on the way
Lots of space on the left.
We have a small problem area near the 0.84500 level in the form of two lows, which worries me a little. My stop will be break even, when price around 0.85000, my current stop loss is below 0.84000.
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  • Post #143,388
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  • Jan 24, 2022 3:34pm Jan 24, 2022 3:34pm
  •  florinellz
  • | Joined Feb 2012 | Status: Member | 574 Posts
@Globe IMO it's best to wait for PA at 0.835 area
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  • Post #143,389
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  • Jan 25, 2022 8:18am Jan 25, 2022 8:18am
  •  degorbi
  • | Commercial Member | Joined May 2013 | 1,125 Posts
OIL WTI - According to yesterday's analysis of Oil WTI -(sell order )- 3 assumptions of the strategy matched- opened a sell order.
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It's tough to make predictions, especially about the future...
 
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  • Post #143,390
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  • Jan 25, 2022 5:12pm Jan 25, 2022 5:12pm
  •  Boobligoom
  • | Joined Dec 2017 | Status: Member | 278 Posts
Quoting degorbi
Disliked
OIL WTI - According to yesterday's analysis of Oil WTI -(sell order )- 3 assumptions of the strategy matched- opened a sell order. {image}
Ignored
@degorbi where can i get the pip indicator that is in the top right corner of your chart?
Trading has been and always will be, a hard way to make an easy living.
 
 
  • Post #143,391
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  • Jan 28, 2022 7:42am Jan 28, 2022 7:42am
  •  degorbi
  • | Commercial Member | Joined May 2013 | 1,125 Posts
Quoting Boobligoom
Disliked
{quote} @degorbi where can i get the pip indicator that is in the top right corner of your chart?
Ignored
Go to my telegram channel - and find the link in pinned message on the top:
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It's tough to make predictions, especially about the future...
 
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  • Post #143,392
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  • Jan 28, 2022 7:44am Jan 28, 2022 7:44am
  •  degorbi
  • | Commercial Member | Joined May 2013 | 1,125 Posts
An idea from the morning session: AUDNZD sell - a bearish divergence has begun. Opened a sell order.
I will be online in basic- beginners room at 13:00 GMT (https://www.xm.com/live-player/basic).
Drop in and I will explain this setup. Also went long on EUR/USD.
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It's tough to make predictions, especially about the future...
 
 
  • Post #143,393
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  • Edited at 9:58pm Jan 28, 2022 11:49am | Edited at 9:58pm
  •  Never
  • | Commercial Member | Joined May 2019 | 903 Posts
Become part of high return trading robot

500% in 2 days 50% in a week without tisk

See live and back tests here
www.nevergpea.com

Discussion in my thread
https://www.forexfactory.com/thread/...0627-in-5-days
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Daily High Return by NeverGP EA All Time Return: 53.3%
 
 
  • Post #143,394
  • Quote
  • Jan 28, 2022 2:50pm Jan 28, 2022 2:50pm
  •  scootersyme
  • | Joined Dec 2018 | Status: Junior Member | 2 Posts
Hey guys, just wondering what happened to the originator of this thread James 16? There was a lot of catching up to do I tried tracking down some of the original posters in here but haven't had much luck. Are there any old timers from the beginning?

Thanks much in advance
 
 
  • Post #143,395
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  • Jan 28, 2022 10:08pm Jan 28, 2022 10:08pm
  •  Never
  • | Commercial Member | Joined May 2019 | 903 Posts
BTCUSD next support is at 24 in weekly chart if this week or next week won't go above 42 then continue bearish will happen
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Daily High Return by NeverGP EA All Time Return: 53.3%
 
 
  • Post #143,396
  • Quote
  • Jan 30, 2022 8:45am Jan 30, 2022 8:45am
  •  florinellz
  • | Joined Feb 2012 | Status: Member | 574 Posts
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  • Post #143,397
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  • Feb 3, 2022 1:12am Feb 3, 2022 1:12am
  •  Never
  • | Commercial Member | Joined May 2019 | 903 Posts
GBPUSD 4h Fibonacci retrace 50% is at 3470
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Daily High Return by NeverGP EA All Time Return: 53.3%
 
 
  • Post #143,398
  • Quote
  • Feb 4, 2022 1:33pm Feb 4, 2022 1:33pm
  •  Globe
  • | Joined Feb 2016 | Status: Member | 35 Posts
Today i opened 2 positions.
1.NZDJPY
Great size BUOB on the 76.000 level support, above 365 ema. We have some space in the left and some space on the way. We also have a divergence. In the moment price move down from little resistance.
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2.NZDCAD
Great size BUOB on the 0.84000 level support. We have much space in the left and some space on the way. In the moment price move down from little resistance.
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  • Post #143,399
  • Quote
  • Feb 6, 2022 11:34am Feb 6, 2022 11:34am
  •  costarica21
  • | Joined Nov 2021 | Status: Member | 5 Posts
Hi i want ask if here is anybody who have advantage in Forex with SL=TP 300 pips 2%?
 
 
  • Post #143,400
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  • Feb 6, 2022 2:12pm Feb 6, 2022 2:12pm
  •  florinellz
  • | Joined Feb 2012 | Status: Member | 574 Posts
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