DislikedWhat's completely screwed up is that GU GC GJ is dying nonetheless - even with stocks rallying their butts off.
Oh well, shrug and grin.Ignored
This could be why....
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedWhat's completely screwed up is that GU GC GJ is dying nonetheless - even with stocks rallying their butts off.
Oh well, shrug and grin.Ignored
DislikedYea...but this EURGBP thing has been on since November, so I think someone was expecting a shift for a month now..and today/yesterday we just entered into the next impulse..and you can see the effects
So, about the fear, indices and panic stuff - is Asia gonna love or hate the JPY, any smart guesses by anyone?
I know what I'd like to see happen across the board..but whether St. Nikolaus (6th tomorrow) will put many pips in my shoe or not, that I don't know yet..Ignored
DislikedHm. Well the DJI close is not gonna encourage JPY buying if this goes onIgnored
DislikedWe'll have to wait and see.... it's only few hours away...
oil got cheaper today, dji i hovering around resistance.
my sell trigger is some 120ps higher from current price (13560/80)....I was hoping 300+ rally till midday and retrace, but it appears investors are betting on rate cuts and stock market recovery....:surprised
As we rapidly getting closer to Christmas, liquidity should dry out, so I expect wild swings....Ignored
DislikedHere is the way it looks like the daily is going to end with a double high lower close.....now with all the news about to come out this week do you just go ahead and put a sell stop at the bottom a little ways down and then where for a stop?Ignored
DislikedIf I were not in the trade right now, I'd simply skip it, even though it will probably slide to 1.4520 area...
Good, short entries (imo ) were at 1.4705 and 1.4770Ignored
DislikedGood input, but I think he's asking how you would specifically play the DBHLC according to James16 rules, which would require a close of the second bar before a decision on an entry. Is this where you would wait for a 50% (or some other percent) retrace of the second bar before going short so you can put a reasonable stop at the top of the DBHLC? If you just enter at the bottom like JimDandy mentioned then you have massive distance for a reasonable stop.Ignored
Dislikedmany thanks..........i read the first few TENS of this thread but it's up to over 500 pages now !
it's like the 'War and Peace' thread of FF now..........my eyes will go Fozzy before i can finish the thread.........
i hope you guys don't think i'm too lazy to read but my eyes get tired very quickly....more so when watching the screen.........Ignored
DislikedHere is the way it looks like the daily is going to end with a double high lower close.....now with all the news about to come out this week do you just go ahead and put a sell stop at the bottom a little ways down and then where for a stop?Ignored
DislikedPin bar on daily.
I see no supporting factors other than the fact its at a swing high.
It hits the underside of a lower channel TL but if you draw enough lines on then price is bound to hit themIgnored
Enjoy
Ademac
Edit: I have added a Picture to show you what i am talking about.
Dislikedyou missed the
- Rejection of the 150EMA
- Rejection of 61.8 fib
- Matches my 35% rule for shape of a good PB
Enjoy
AdemacIgnored
Dislikedyou missed the
- Rejection of the 150EMA
- Rejection of 61.8 fib
- Matches my 35% rule for shape of a good PB
Enjoy
Ademac
Edit: I have added a Picture to show you what i am talking about.Ignored
DislikedTry using a broker which excludes the 3 hour sunday bar, or an indicator which excludes the Sunday bar like Habeeb.
If you do, the Daily 150 ema is at 1.0273. And price hasn't been within 60pips or so of it.Ignored