Man I Dig You Guys. You All Make Me So Damn Proud To Have My Name On This Thread.
Thanks To All Of You And Your Never Ending Desire To Help Others.
Jim
Thanks To All Of You And Your Never Ending Desire To Help Others.
Jim
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedMan I Dig You Guys. You All Make Me So Damn Proud To Have My Name On This Thread.
Thanks To All Of You And Your Never Ending Desire To Help Others.
JimIgnored
DislikedLadies and Gentlemen, I give you...............
Death By PinBar!Ignored
DislikedLadies and Gentlemen, I give you...............
Death By PinBar!Ignored
DislikedSorry to hear that. It happens from time to time. I'm no pro when it comes to J16, but let me ask you this. How much room to the downside do you see? Is this pin in traffic?Ignored
DislikedLadies and Gentlemen, I give you...............
Death By PinBar!Ignored
DislikedNow in demand area...make a plan and look at the rythem to know your size ....shorts hold long scalp...
AttachmentIgnored
DislikedDaily Usd/Cad I believe...
But my chart does not show any pb on the yesterday's bar...Ignored
DislikedYep I had no pin either, but here is still the analysis of the area.
And what I mean by zooming out, to understand where we are.
Notice how small looking the bar really is, but more importantly all the traffic and support you would be trying to trade into. The 1.2000 area is a huge pivot(look at the congestion of the blue box area. Fighting a battle to try to trade that one. Your stop would have to be moved real quick(I would just stay out).
Just some thoughts
MikeIgnored
DislikedThanks all for the feedback on my loony disaster.
Must confess it's been a little disheartening.Ignored
DislikedIts just a good area to place your stop loss above instead of the just above the top of the BEOB. The top of the BEOB is the ideal stop loss placement.
Also, if Price breaks and then retraces, its a good area to look for to see if Price may head back down for re-entry.Ignored