DislikedI noticed on some of your charts that you have "....time left till bar close" below the currency pair (upper left)
How do I get that to show up on metatrader?
Thanks in advanceIgnored
Mike
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI noticed on some of your charts that you have "....time left till bar close" below the currency pair (upper left)
How do I get that to show up on metatrader?
Thanks in advanceIgnored
DislikedTo me a high probability setup is taking all the pieces into account....Ignored
DislikedMan I don't even know where I was going with all that but when my rambles come out I can't stop em
MikeIgnored
DislikedTo me a high probability setup is taking all the pieces into account....Ignored
DislikedIs Mike really true a playa? lol It seems that Mike always been associated with women since this thread started. Wonder why..Mike must also be picky in this stuffIgnored
DislikedTo me a high probability setup is taking all the pieces into account. Do I only take huge pins at resistance or support? No, I will trade a beautiful huge pin at a clear swing point in space all the time. Are they more rare? Yes. but they happen and we just have to wait for them. Will I trade a pin, in some traffic but off a perfect area that I was watching for weeks/months to hit? You betcha.
What I am really getting at is this, and actually clockworks post above is a key example.
As traders, we feel the need to trade. Trading should be to...Ignored
Disliked
"We shall not cease from exploration. And the end of all our exploring will be to arrive where we started and know the place for the first time."Ignored
DislikedAnyone else planning on taking the daily pin on GBP/USD? It looks like it's about to break with good momentum.
edit: charts addedIgnored
DislikedAnyone else planning on taking the daily pin on GBP/USD? It looks like it's about to break with good momentum.
edit: charts addedIgnored
DislikedMy long order just triggered at 1.4302. I'm going to move my stop to BE around 1.4350 and TP1 is at 1.4400Ignored
DislikedI could be wrong so be don't throw me under the bus if I am wrong.
I was looking at the daily pin (up and coming) on GBPUSD. Although it is a nice looking pin it is near the 50 fib (just below). Also it appears to be a major ppz area. So if I were to enter I would set my buy stop above the 50 fib at about 1.4350 and move SL to BE pretty quick. Although I do feel that once it breaks the 50 it could reach 1.4450 area. comments?Ignored
DislikedI agree that this is a high probability trade. I am placing a long position at 1.4312. Here is my reasoning.
1. Pin Bar off 1.4200 area.
2. Pin Bar is of similar range as previous candles.
3. [font=Calibri][size=3]Body of pin bar is off 50% fib area. Nose is off of the golden...Ignored
DislikedThis is a pinbar I am passing on as the first resistance I see is 1.43. This market has been almost completely sideways since Nov. 2008. Sideways markets tend to create support/resistance levels very close to eachother. I would classify the pinbar as a C grade pinbar. I hope it does work out for those that place a position.
ScottIgnored