DislikedThanks. The funny thing is, I actually know all of that already! I'm just need to learn to be more patient and consider only the A trades!Ignored
Bundy's status today: "Waiting..."
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThanks. The funny thing is, I actually know all of that already! I'm just need to learn to be more patient and consider only the A trades!Ignored
DislikedGoing to be sitting and waiting here. I personally like these type of situations where I can plan ahead. (If I'm planning, I'm sure many others are.)
Preferred trade (by looking at daily) is the one described. Another possibility is the opposite break (and subsequent pull-back).
...if there's no pull-back then tough titties!Ignored
DislikedI saw that pin bar on the Eur/Gbp daily earlier. Would you consider that a close to prime opportunity?Ignored
QuoteDislikedI understand your preferred trade as that is what I am watching. Wondering what you mean by opposite break in your secondary possibility. Thanks in advance for the patience with us newbies.
DislikedHeres another on Nzd/Usd. At the 38% retracement level from the August lows, also testing the 200 dsma area. I am curious how others interpret the strength of this pin. Is the body to large for the nose?Ignored
DislikedMine's got a different bar timing so I only have maybe a 2 bar pin once it closes, but otherwise I see a clear triangle on 4 hour since last week's daily pin, that a break short would have to slam into.Ignored
DislikedAnyone looking at this? 4hr PB off the 50 fib...Mike is there enough space to the left for you? take care, RazIgnored
DislikedThere are many brokers and some of them work in different time zones.
Some at GMT, some at GMT+1 and GMT+2, even +3.
Each broker has different time in the end of the day, which cause the bars look different from each other broker.
So what is the best Time Zone to analyze price action?Ignored
DislikedThe eternal argument, mate.
The great thing about this stuff is, It doesn't matter.
...The only difference is what you mentioned , with some peeps examples not matching in appearance. That's it though.
For the record a lot of us use InterbankFX or North Finance feeds in here.Ignored
DislikedHello Mike and all,
I didn't understand the "space to the left" concept at all ?
Is it the same thing than the "traffic concept" ?
Many thanks for your help
Happy trading
Cheers
Angel65Ignored
DislikedPerhaps this will help some of you believe in PA....
This is one of my demo accounts, where I trade based on material from james16 chart thread, j16website plus some common sense. This is high risk/high reward system, which includes taking trades on touches of ppz, fibs, pins, emas... etc..
... some 45000+ pips since mid January...
It is possible!!! Learn the material, practice, visualize your goals.. and you ARE successful..
Have a great weekend everyone.
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