i will just go pay right now and download it. everytime i have the money for it, somehow it ends up on one of my 3 kids! lol
thank you!
thank you!
Where can I learn more about Price Action like those in James16 charts? 9 replies
Dislikedhi there,
I discovered this thread only recently and I'd like to thank all of you who contribute. There is really ton of great stuff here... I placed some trades on the demo and they worked out beautifully. Now I finally placed some live trades and I'd like to ask the more experienced traders what would be the most reasonable step to do. I sold the break of the 4h pin bar with stop above the nose. However, the right eye of the pin is by itself a bullish pin bar. Does that automatically cancel the setup or since we have not broken above the left...Ignored
DislikedHi RajFX, I am new to posting on this thread so more senior members might have some better thoughts (As usual mbqb11 is spot on with his advice) but I thought I would respond because I took the same trade as you. See post #48547
I should mention I am demoing these smaller timeframes until I can prove to myself I can be consistently profitable at this level.
There are many, many excellent ideas in this thread
Two that have stood out for me has been mbqb11 pickiness on finding set ups and james16 on getting to BE as quick as possible and or...Ignored
DislikedI have a question here, maybe Mike can answer this the best, I saw in the guest videos his talk about manually trailing the S/L....Ignored
DislikedLooking at E/G daily to go short, does this analysis make sense?
Pros:
Fib confluence at 38 & 50
Horizontal PPZ bounce
Minor traffic below
Cons:
Poodle type pin bar
I have to admit the low risk entry does look attractive, but the small pin scares me. What do you guys do in this situation?
Thanks again.Ignored
DislikedHey Dan
It depends on the situation and how much you believe in a trade and want to let it breathe....Ignored
DislikedIs it possible that my demo MT4 software is missing data?
I have now noticed that on my real Oanda account there is a nice BEOB off a round number with div. That was mainly what I was looking and monitoring for yesterday.
Anyway I found that on my MT4, the BEOB did not touch the round number.
How can it be that that on Oanda price went higher?
Thanks,
BenIgnored
DislikedIs it possible that my demo MT4 software is missing data?
I have now noticed that on my real Oanda account there is a nice BEOB off a round number with div. That was mainly what I was looking and monitoring for yesterday.
Anyway I found that on my MT4, the BEOB did not touch the round number.
How can it be that that on Oanda price went higher?
Thanks,
BenIgnored
DislikedHey Nasir and icarusfx,
Thanks for our replies
Guess there is nothing much to do about it, so never-mind. Just wanted to make sure this is not a problem with my specific software.
By the way, I don't have a clue about Bid and Ask price, but I guess Oanda has the Ask.
BenIgnored
DislikedHey Nasir and icarusfx,
Thanks for our replies
Guess there is nothing much to do about it, so never-mind. Just wanted to make sure this is not a problem with my specific software.
By the way, I don't have a clue about Bid and Ask price, but I guess Oanda has the Ask.
BenIgnored