Closed my E-G (demo)trade, 1H-BEOB at the previous daily low now acting as resistance. FTA at today's session swinglow. Final target for this daytrade would be for me the floorpivot level S3.
Pipcrawler
Where can I learn more about Price Action like those in James16 charts? 9 replies
DislikedConfirming, solid PA is all that is needed once the location of confluences is given . . . and no Holidays . .lol
Although, taking a touch trade is tempting . .Ignored
DislikedG'day Jarroo,
Very kind of you to mention this E-G chart. But I think I've draw the triangle incorrectly originally, lemme explain. To draw a flagpattern correctly in the weekly TF you'll have to connect at least two swinglows - for the up TL - and at least two swinghighs -for the down TL - together. The last swinghigh I originally used wasn't a swinghigh anymore because this week price breached the high of last week. Now when I take a closer look the bar W32 was a valid swinghigh. When I now redraw the flagpattern with the correct connection points,...Ignored
DislikedThat may be technically true . .especially if you're an engineer. If only the markets were that so precise. . .but their not.
I didn't see your Weekly wedge but your Daily wedge was just fine.Ignored
DislikedI will pay 1000 dollars to anyone that can put me in contact with merlin.
JimIgnored
Disliked
Yes, Sir.
the 1.5800 RN is a given for me.
i also have 1.5825 as PPZ, slightly similar to rac's (1.5820, chart above).
same hereIgnored
DislikedI wish I knew him . .I would let you know in a heart beat.
He may surprise you . . . and contact you.Ignored
Dislikedso glad to see you take note of that area the lord. Continuation bars can be good but those first trouble areas are CLOSE. If we at least know this going into it we could make better decisions and not be caught off guard. Well done
Best
MikeIgnored
DislikedMy internet seems to working fine now (although time will tell)
New modem . . that should do it . .its the only thing left that's hasn't been changed. lolIgnored
DislikedUSDSGD H4 chart. nice bounce off BRN, TL and a BEOB. Overall trend is also down. thinking of going short.
Silver daily chart. bounce off VBRN and a BEOB at swing high. but the close is not good. i am not as confident as USDSGDIgnored
DislikedI will pay 1000 dollars to anyone that can put me in contact with merlin.
JimIgnored
DislikedUSDSGD H4 chart...
Silver daily chart. bounce off VBRN and a BEOB at swing high...Ignored
DislikedI think we need to wait for some bars to close below the zone for safe entry.....Ignored
Dislikednice!
im looking for 1.6000 hahah
let's see what the market doesIgnored
DislikedHeaded to 1.2470-1.2500 then back up to the 1.3550 area. It just seems to fit. 1.2470 is a PPZ and the 618 rertracement of the move up from the bottom is in that area as well.
K.I.S.S.Ignored