DislikedThere you go Mike. BEOB right at the tip of the tooth paste tube. lol.Ignored
But I am still intent on seeing the tooth paste get spilled a bit first, it's still in that damn tube.
g.
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I believe . . .
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThere you go Mike. BEOB right at the tip of the tooth paste tube. lol.Ignored
Dislikedas far as GBPJPY, the monthly pivot line below current PA doesn't influence any "long bias" ??? Also, there has been a LOT of BEOB/BUOB in this area we are currently in, sooooooo...... I mean this is tough lol. I understand some are expecting a break out so strong there will be no retest of the flag lines we have drawn.... This is really tough.Ignored
DislikedThat's ok Dan,
Just because others (seniors specially) are seeing something doesn't mean you also need to. In fact going by your own analysis, thoughts and judgments is the way to go!
If you've watched Mike's webinars (even the free ones) you would know that he likes to play these range breakouts with the over all trend which gives the trade something solid to thrive upon, which is why I think he's committed to shorting the hell out of Gj,
And Jarroo we all know is the real dude when it comes to playing PA at "great zones".
It's...Ignored
DislikedI'm so new to this, I'm trying to teach myself to see what they see, because they are the ones making the right plays on here more than anybody else. It's scary really. My bias is crap compared to these guys, and it's best to follow the greats.Ignored
DislikedHi,
After trying to speed up the learning process for 6 months and not sticking to anything concrete, I've finaly commited myself to fullfill the minimum requirements on Page 1.
Hope i can get some help from the experienced members.
This one would be my first trade:
-Continuation daily Pinbar
PPZ
150EMA
365EMA
50% fib retracement from last Weekly TL touch
with Weekly Trend
I'm thinking of two ways of action:
1.-Enter on break of 4 days low 1.5595 with SL at the top of the PB, move SL to BE when it reaches de first...Ignored
DislikedI think you could go for both setups. But for the retracement one i think the white line is a nice level.Ignored
DislikedNasir,
If a PB retraces that much, wouldn't you doubt about it's probability for success?
From your experience, do you see PinBars retracing that much and working out very often?
thanksIgnored
DislikedNasir,
If a PB retraces that much, wouldn't you doubt about it's probability for success?
From your experience, do you see PinBars retracing that much and working out very often?
thanksIgnored
DislikedEver since i watched that Rants and Charts video (only 3 weeks ago). Some times i jump out of my seat in joy.
Every time when price touches the levels i have drawn on my charts only based on previous High/Lows and nothing else. It respects them if not reverse back.
But trading solely these levels is not as easy as it seems cause sometimes i find my self in a lot of trades with BE results like one thats a 120 piper and 4 others having -2X each.
But the ones...Ignored
DislikedDoes anyone have anythoughts on the GBPCAD pinbar.
Its at a ppz, and the 50fib from the recent high and bouncing from the 150 EMA, and its with the main trend.
One thing puts me of - it is not a perfect pin, the close was slightly above the previous bar.
I'm trying to be picky but this on the whole seems a reasonable trade to me.Ignored
DislikedWell once it goes through the 50% it has a good chance of making it to 62% and there is no Divergence also not even in 4H.
If it might workout, wont fall like last time 2 day PB cause the recent move has created some trouble areas.Ignored