Bundy's status today: "Waiting..." 

Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedIf we would see a confirmation bar tomorrow for the gbp/chf, then I think we would test the bottom of that previous consolidation area around 2.12. Either way, the PA will show us which way to go if it happens or not. Best of luck trading, everybody.Ignored
DislikedHey man,
What would qualify as a confirmation bar? I'm just curious what you mean by that as I like much of what I've read from your posts.
Thanks,
TFX (aka Chris)Ignored
Dislikedyup with you here.
H&S possible will watch daily bar low then hopefully get to stay in and even add through .9750
have you seen our usd sgd? D1 beob, waiting 4hr retracement.Ignored
DislikedNah, daily.![]()
IBFX charts?
It's not the strongest close anyway is it?
The trend line reaction is more what I'm after here. Waiting to get in still. Not convinced yet.Ignored
DislikedA standard bullish bar, with good close in the highest part of the bar.
Sometimes a setup can look a little shakey and the best approach is to wait for a confirming bar.
A lot of the bullish PA we are seeing today is due to the Sunday bar (on IBFX charts), so needs to be taken with that in mind.
Maybe mike will verify this later for you.Ignored