Looks interesting, but no, I don't use it. It's important for me to see the wicks..
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Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHey guys
Got a question: You setting up a trade lets say on Gbp/Usd !! Do you look at other crosses with pound to, what is going on, to establish how strong Gbp is at that moment??
Or do you watch only current chart with a signal on and don't care if you get oposite signal on other gbp pairs?
ThanksIgnored
DislikedHey Gasgas
I don't really watch other pairs all that much. Some pairs I do that though are the xxx/jpy pairs. But it is sort of hard to avoid knowing what say the USD is doing, or the JPY, or the CAD since I look at a lot of charts. But I stick to the chart is a chart more times then not
Just my thoughts
MikeIgnored
DislikedOn my feed i have Daily Beob at 76Fib with PPZ confluence and 1.09 round number....
Does it worth to take this trade with first tirget at the doble bottom 1.0650??Ignored
DislikedHey Mike
I do it to! If I'm on to trade jpy pair, I go threw few jen pairs to see how strong jen really is, but I'm thinking now, I don't need this habbit.
Actually I was short on E/J on 23.9 and kill the trade B/C I saw BUOB on G/J. So I missed that big move on Jen last week . The signal was fine, so it was stupid of me to kill it so soon.
Well keep on learning right
Regards,Ignored
DislikedI would be very gun shy to trade right into this area(marked in blue). Sideways markets you have to be nimble, or move your stops very quick.
Again just how I see it of course
Hope you had a nice weekend B
MikeIgnored
DislikedYou mean like this?
Looks interesting, but no, I don't use it. It's important for me to see the wicks..
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DislikedHad one lose today by trying to understand what Mark is doing there with his chats lol (audjpy). Full lose.
Except from that it was a cool day, and here is the cherry
BenIgnored
DislikedHi Benji
You always kill me with your trades But dont you ever consider the highs near your entry like the last example you gave above. Or when you see PA on round number you dont care ?Ignored
DislikedHi,
i see lots of nice situation forming on my daily feeds, especially on Gbp pairs. After an heavy fall, it seems time for a retrace...
GbpChf and EurGbp have some decent space to move; the UsdJpy indeed seems a little choppy; NzdJpy has that powerful PPZ at 65 but the trend is clearly up.Ignored