
Just keep making this thread even more colorful with your posts.
Ben
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedI'm in GBP/CHF 2 Day PB. Good location. Off PPZ & RN 1.700. Decent size. Trouble areas/TPs as shown. Will move stop from high of PB to breakeven at 30+ pips and close half position.
- TTP -Ignored
DislikedNice one ttp. Looks real good.
Looks like the 1st area of concern is about 30 pips away. Here are my Trouble areas in blue. (which look the same as yours.)
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DislikedI should probably explain. I am out of this trade at 1.68 as I see a PPZ there and want to be flat over the weekend. If we get to 1.67 with relative ease and then head back to 1.68 afterward, methinks a good place to look for shorts again.
K.I.S.S.Ignored
DislikedHope you like
Just keep making this thread even more colorful with your posts.
BenIgnored
DislikedHey TTP, just wondering how your trade turn out. If it turned out to be just a break even trade . . its still a win.
This was a very good quality PA setup, which I give more leeway on my stop loss location or just place them were they should be place . .above the PA formation in this case.
Either way it was a great setup TTP.Ignored
DislikedWOW
every time I left the PC and trun back I have to read at least +3 pages thats amazing, it seems that from jaroo's returns the thread have been in fayeror it could be the curent market condition
.
jaroo it's the driving force that makes the thread going like a racket
anyway I do like the extra activity here, and the fact that the thread it's quite busy, and see that so many ar doing great..
wish you the best!
trade wisely!Ignored
DislikedMaybe. But the market is presenting some good opportunities as of late.
And everyone here is posting some really good thoughtout charts. Wihich is excellent.
But I do tend to get carried away at times.Ignored
DislikedThis will be nice if it closes as such. I'll be short and holding for 1.03 if so considering the daily setup as well. The retracement set up and now we're good to go with momentum behind it IMO.Ignored
DislikedHi Jarroo and TTP
I am still in GBPCHF. Entry was 16855 and moved it to BE once price got below 16800. I have now moved my stop to 16810 as this area seems to be providing good resistance at the moment.
Jarroo do you think this is too tight for this PA based on the quality of the setup. 1.68 seems the next obvious place to move the stop but I also want to give it enough room.
LeonIgnored
DislikedWell keep getting carried away.......I appreciate your posts and insight. Many times we have the identical zones and trades highlighted so it always nice to have a second opinion. On the others that we see differently it presents a great opportunity to see other sides of a trade.
NathanIgnored
DislikedThis will be nice if it closes as such. I'll be short and holding for 1.03 if so considering the daily setup as well. The retracement set up and now we're good to go with momentum behind it IMO.Ignored
DislikedHAHA I love it how friday changes everything. It really does too- I go from being a technology nerd who talks about work all the time to a sexy dancing machine! And the sexy part is nooo lie hahaha jkIgnored