So many good trades you guys are finding. Only problem is I dont have the time to monitor or find these 4hr or 1hr trades. Life is too busy
When will one of thos day trades come by?
When will one of thos day trades come by?
Dr. C
Where can I learn more about Price Action like those in James16 charts? 9 replies
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Learned from the best Texan in here ... Didn't asked many questions, but watched videos, practiced, built confidence, practiced some more, added couple extra tricks from my own R&D and that's the end of the book....
History likes to repeat itself time after time after time, but not everyone likes history....Ignored
Dislikedok. the last one for today.
Exactly the same way I played cable today, but on 1hr (retrace back to pb + 50/61fib) and g/j - retrace to 4hr pb
Early Friday morning... business closed.
Back to do more R&D
have a good weekend all..
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DislikedJames, it appears to me that because this pinbar is immediately below the 3 purple ppz's to the left, meaning that price would have very little room to move upwards if the pinbar is broken.
Or, did you see this as a pinbar that broke down through the ppz and was rejected so that signaled a move upwards.
Will someone please explain the reasoning for this trade in more detail so I can understand?
p.s. This is a great thead, have been following it since last summer and have learned alot!!!Ignored
DislikedNice trade Rac. 1 question, if you trade on the lower TF, the PPZ you draw is based on that TF or higher TF?Ignored
DislikedThanks for steering me in the right direction. I guess i have a lot of reading to do this weekend. Im up for the task tho.
Also, thanks to Jduester for his contributions, much appreciated.Ignored
DislikedUSD/CHF..... might give me my first daily pinbar down..... Have to wait till money to see thoughIgnored
DislikedLong term EMAs work nicely as S/R levels. 365 ema , 200 ema and the 150 ema at the close.Ignored
DislikedYes I got a MM plan; tp1 @46.50...rest to BE. If everything is going well, I'll be watching 46.0 and 45.0 for posible TP...
Most of the time Im doing well with Dailys, but as soon as I lower TF, problems comes in...Im learning to be patient....Ignored
Dislikedwas a nice trade off the 1hr - BEOB - thought this might happen after price broke through ascending wedge - often a sign of fake out.
came out at weekly pivot/365ema - looks like i was too early -but some nice pips to finish the week
will now look for retrace back to wedgeIgnored
DislikedHate to see these lovely PA setups on Friday Dusk Monday mornings are full of rigor, expect anything in those early hours...Ignored
Dislikedtell me about it - closed my gbpjpy for tiny loss as it had stagnated and wanted to be flat for w/e. - the moment i close the market shoots up.Ignored
DislikedHate to see these lovely PA setups on Friday Dusk Monday mornings are full of rigor, expect anything in those early hours...Ignored