Hi all,
Anyone watching AUD/USD to see if it turns into a pinbar to go long if it significantly breaks 0.9300?
Anyone watching AUD/USD to see if it turns into a pinbar to go long if it significantly breaks 0.9300?
Anything can happen.
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedHi guys
can anyone explain why we got all these gaps in the last few days and is anyone trading them? Are these gaps a good opportunity?Ignored
DislikedAnyone looking at the AUD/JPY pin forming? just bounced off BRN, bit of traffic over the last few days but begfore that lots of space and FTA at around 86.80
Maybe good for a 35 pip scalp from 86.55->86.80?Ignored
DislikedHi Dan,
Are you saying that this looks a good set-up? To me it does if the PB holds. Bouncing off BRN and a monthly pivot.Ignored
DislikedHi Dan,
Are you saying that this looks a good set-up? To me it does if the PB holds. Bouncing off BRN and a monthly pivot.Ignored
DislikedHell Mike,
I am looking at the AUDNZD daily pin, looks like it is tradable.
However, the there is a huge weekly pin on top.
I am wondering is it better to stay away on trading this pin if there is higher timeframe PA will overrule easily. Even the Daily Pinbar is follow the trend?
What do you think about this daily pin?
Thanks!
PMIgnored
Disliked
attached is set up i took and mismanaged!! as you can see it took off!!!
Ignored
DislikedPossible Pin (Bar hasnt closed yet)
If it closes as a pin, theres 2 supporting areas of 23.6 fibs and 1 supporting area at a 38.2 fib for recent swings. Also, it would be supported by 93.00.
It will hit some possible resistance a few areas soon after though at 93.80. The 365 EMA, a minor swing high that was previously a major swing high in January. Then of course the newest swing high at 94.70.
Its also not exactly at a nice swing low, its a retracement.
Any other opinions?
(Edit, also.. You would need to remove the last 2 days and use...Ignored
Dislikedgood stuff B and not to mention often spread size is relative to the range a pair tends to move as well. Important stuff here... thanks B
MikeIgnored
DislikedHere guys, you can attach this to Any Pair, Any Timeframe. {The Text one on the Chart. Not the indi. in lower subframe.}Ignored
DislikedContrary to Popular belief, if you look across the board, a Pip is not commonly worth $10.00Ignored
DislikedIn my book, it is technically an IB so structurally it is not correct but I don't think that would be a trader breaker, because its a double High.
Locationally it is perfect right where its at, a strong Daily/Weekly PPZ level. But with all PA setups, I like to know what is going on on the Higher Time Frames and the weekly is showing a bullish PB. So that would weight heavy on my mind.
The thing is . . .they can both (the Daily bearish IPB and the Weekly bullish PB) work out just fine. I would favor more so the weekly PB. Should be fun to see...Ignored