DislikedThat is a general misconception.
The SAN is not the honorific SAN put on to people's names.
富士=FUJI 山=SAN=MountainIgnored
Too complicated. I better focus on trading - it is simple
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedThat is a general misconception.
The SAN is not the honorific SAN put on to people's names.
富士=FUJI 山=SAN=MountainIgnored
Dislikedthat's why I quit studying japanese very early, lol.
Too complicated. I better focus on trading - it is simpleIgnored
DislikedStopped out again.
The main problem with this trade seems to be the BEOB not closing below the TL and the sideways PA. I think I was blinded by the 0.9100 and the BEOB.
I should have been watching the sideways market and saying, forget it.
Strange that, I even said in the post before I took this trade, that I wanted to see the BEOB close below the TL and the 0.9068 area yet, I still took this trade. I also criticized the size of the BEOB saying it only encompasses a single bar, yet I still took it.
I think this weekend I need...Ignored
DislikedOh well that doesn't mean much... you never know in what sequence they will come: 47 winners come first or 3 loosers come first, or mixed....
Ignored
DislikedIMO...this played out on the 4H TF and hit it's tgt which was a trouble area depicted on the charts I posted...it appears it was playable for a scalp with very tight management...if you look at the higher TF's (daily) it hit a PPZ...so in my opinion it worked ...but would not expect a big move due to PPZ and BUB on the daily...conjestion/traffic below...but of course it is easy to play Monday Morning Quarterback after the fact...in my book and I believe I am very fussy...it was an easy pass...although good to demo to see how to manage the trade...Ignored
DislikedThe yen pairs are getting very wound up, some of them on Big Round Numbers.
Notebly CAD/JPY, there is an I4B/BRN combo on the daily
NFP could be explosiveIgnored
DislikedNot in an Aston Martin.
In an Aston Martin.
In an Aston Martin. With Kate Beckinsale. On the god damn moon.
...
Closed AUDUSD, tightened up stops on everything bar EURCHF shorts, put in a line of sell stops there to build my positions in case the SNB decides that a quiet market is a dumpable market.... Have a good weekend allIgnored
Dislikedhaha great post joel will be studying j16 method hard, cause i prefer the 3rd option
A great weekend to you too.Ignored
DislikedI really hope somebody/somewhere in the world, took this 5 Minute PinIgnored
DislikedI really hope somebody/somewhere in the world, took this 5 Minute PinIgnored
DislikedG'day Aserfx,
If you take a look at the weekly TF, you'll notice a DBHLC (the highs are 9 pips off) at a swing high, double top and a 50 fib level, price broke the low of the DBHLC and is now retracing. I would keep an eye on the high of the bar previous to the DBHLC pattern and watch for PA there to go short. Also notice the very big BEOB prior to your much smaller BUOB. Viel gluck !
May the force be with you.Ignored
DislikedPrice indeed retraced close to the high of the weekly bar previous to the DBHLC, and BOOOOOM dropped like a rock from thereon. Price has dropped now more than 150 pips during 1 hour ! Price is now pulling back to retest the retracement TL from below. http://cdn.forexfactory.com/images/icons/icon10.gif
May the force be with you.Ignored
Dislikedno, but i am just glad that i put a stop on this puppy.
i guess we will get some outside bars on the H4 now.Ignored
DislikedHey Jarroo,
Any thoughts about the E-G. Price starts coiling up nicely and has made a higher low on the weekly. I wouldn't be surprised if we see a nice breakout to the upside, I'll be then looking for a break and a pullback as asual.
May the force be with you.Ignored