Thank you
forexngo
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedEURCAD daily PIN, was stop out. We could expect this as it is common in last couple of months. Maybe it would be smart to take trades against the PIN, what do you think? Statistically speaking I would be much better off.Ignored
DislikedEURCAD daily PIN, was stop out. We could expect this as it is common in last couple of months. Maybe it would be smart to take trades against the PIN, what do you think? Statistically speaking I would be much better off.Ignored
DislikedI'm not saying this was A+ setup, but it was decent setup in my opinion. Similar to USDCAD where you didn't have any objections because it was profitable trade. This was PIN with the trend, taken from round number and solid PPZ.Ignored
Disliked
Hello,
what time frame are you talking about. I don't see any PA setup on Fiber.Ignored
DislikedThe main difference is that USDCAD PIN would be taken directly into 1.2300 PPZ. That was reason I didn't take it.
USDCAD is as swing high as EURCAD is, it is clear from your chart. Maybe USDCAD is little higher.
If you draw fib retrace from last swing high you would get confluence on EURCAD as well. Note, it is drawn from the top on EURCAD but not on USDCAD.Ignored
DislikedWatch your charts closely... If only they could speak...
See that highlaghted blue bar from yesterday close? Price has just closed (broke) above strong resistance level.
What is good, next trade probability, short or long?Ignored
DislikedThis was my initial buy order on fiber.
This is also a hint for Simon, who sent me detailed email about his trading.
You're closer than you think S.....
.
,Ignored
Disliked
Must admit i was initially looking for the retrace from about 1.315, but it may keep pushing past 1.33Ignored
DislikedHaha - yup getting there.
I was also long from 1.2945 - just couldn't hold it
Ignored
DislikedRefresh your page, I made the adjustment. Sorry you don't see the difference.Ignored
DislikedDifference is in the result. If both are positive , both would be nice trades to take. As EURCAD was not, I see that we can always find reasons why the setup was not so good to take. After the fact of course.
Thank you for your opinion.Ignored