i'm closing my EUR/AUD order. NFP too close.
no tradin' till next week!
no tradin' till next week!
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedYou have many tricks up your sleeve Mike. Learning all of them and putting them all together does take some time, for sure.
But when they do come together it sure is a whole alot of fun.Ignored
Dislikedmarcelnyo,
I guess the ultimate answer to your question (and my questions) has a lot to do with your style as a trader. (Thanks to TiaForex for helping me realize that trading style is a very important factor in determining whether a setup is tradeable.) Do you prefer to eliminate the possibility of a loss very quickly like james16, jarroo and others? Do you prefer to hold on to your positions and/or only take A+++ setups like Mike and/or Josh?
I too am curious to see how other people respond to our questions. It seems that we both have much to...Ignored
DislikedI'm flattered that I got mentioned in this post, but I shouldn't be compared to Mike....Ignored
DislikedIts interesting, the different styles between Mike and James16. They do wait for the best setup to trade. They are very picky as we all should be.
But Mike is much more strict in his evaluation of a A+ setup then James16. I don't want to say conservative in the trading sense because once the "A+" setup is confirmed by both of them, their strictness is reversed.
James16 will move to break even quickly, where Mike will understand the strength and power behind an A+ setup and allow for some draw down. He knows that his stop loss at the bottom/top...Ignored
Dislikedgreetings all... love this forum.. been following for quite a while, but minimal posts from me.
I like using stoches, and was wondering if anyone could help here. I am looking for an indicator, preferably mq4 that will show 4-5 timeframes...
example of wht i am looking for posted.
would appreciate any assistance.
thanks
duflingy
AttachmentIgnored
DislikedI have the feeling that James trades a lot more money with his account (but I am not sure, cause I am not James) so he tends to have the BE line covered sooner than Mike.
this is what I sensed watching James webinars!
meaIgnored
DislikedIts interesting, the different styles between Mike and James16. They do wait for the best setup to trade. They are very picky as we all should be.
But Mike is much more strict in his evaluation of a A+ setup then James16. I don't want to say conservative in the trading sense because once the "A+" setup is confirmed by both of them, their strictness is reversed.
James16 will move to break even quickly, where Mike will understand the strength and power behind an A+ setup and allow for some draw down. He knows that his stop loss at the...Ignored
DislikedI mean to say it this way :
I like the BEOB of Daily Gbp/Usd because the high of the swing High is deeper then the Low of the swing Low of the BUOB Daily Eur/Gbp.
Am I making sense at all?Ignored
DislikedGuys
Am i looking at this right, and should i wait until 4 to 8 hours after Sunday open to consider taking this trade. I have to say that i really respect the traders on this forum. I have been struggling for five years, and have started to turn around with this forum.Ignored
DislikedNo one has mentioned this buob on Eur/Jpy so i'm thinking maybe i'm reading it wrong ? As we can see from the chart it is with the trend but there's lots of lots of Ppz ahead, 134 and 136, any thoughts ?Ignored