DislikedSame here, studying on a Sunday afternoon. Gotta keep up as I've a feeling this thread will be a biggie.Ignored
Hans..
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DislikedStrat i was just gonna start throwing in charts with the M.As on and sort of say "well?" when a bit of price action showed up.In fact what do you think the best way is?This is what i know of M.A.s James 16 base and price actions at those levels.I gave up on "touch" entrys as i would have to change mi pants everytime i filled a ticket mostly on "instant exe" both my order and my bowls with it.So i gave up on that bit but i marveled when we got a bit of on trend price on a "first time back" (SEE USD/CAD DAILY ZOOM RIGHT OUT YOULL SEE) and...Ignored
Dislikedhttp://i41.tinypic.com/2i0wwsz.jpg
Boss USD/JPY "rejected by 5 layers of resistance "
mmm..... could be simple as that!Ignored
DislikedI stayed out of Crude on Friday because of the Opec meeting today (they meet four times a year to decide production). Today they have announced they are not making any further cuts ..
Here is the Brent Crude daily chart, the US crude chart is similar. The weekly pin shows a long legged doji. much as you would expect the week before the Opec meeting.
A week ago I wasvery bullish on crude but now I think we are going down again, no matter what the indices do. The demand is just not there at the moment. If we break out of the lower support (trend)...Ignored
DislikedI stayed out of Crude on Friday because of the Opec meeting today (they meet four times a year to decide production). Today they have announced they are not making any further cuts ..
Here is the Brent Crude daily chart, the US crude chart is similar. The weekly pin shows a long legged doji. much as you would expect the week before the Opec meeting.
A week ago I wasvery bullish on crude but now I think we are going down again, no matter what the indices do. The demand is just not there at the moment. If we break out of the lower support (trend)...Ignored
DislikedHans,
This is an absolutely pointless exercise - you can only trade what you see on your charts - NOT what the guy in OZ sees or me in California.
This thread is about training you to SEE what is on YOUR charts.
Rock n Roll,
StratIgnored
DislikedMy title may be misleading, but my thought is about time. I just got carried back, and away.
I'm only recently paying more attention to price action and this thread has been a huge boost. Thanks in so many ways.
I have two accounts, both with their own charts. Being a little slow it took me a while to figure out they were 4 hours apart. Thursday I was looking at USDJPY and here's this almost daily hammer sitting under a pretty good weekly hammer so I think this at least needs attention....Ignored
DislikedOn my data feed, the sunday bar is actually the first couple of trading hours of the Australian/Asian zone (till 00:00GMT).
Do you ignore this bar altogether or would you still use it with adjoining bars if it showed say a double high or a double low?
Thanks for your timeIgnored
Dislikedmy market outlook....please please please comment and criticise dont be shy...especially you old timer.
eur/usd - weekly...Ignored